Forex AutoPilot EA

I use ForexAutopilot EA on FXOPEN / TALKGOLD Forex Cup contest, along with Shark EA.

I use the recommended set file on 1 minute timeframe in ForexAutopilot EA.
On 18 April 2008 ForexAutopilot EA open buy order on EUR/USD pair.
As you all know, EUR/USD down to earth about 200 pips.
And my account got Margin Call, because the recommended set files have no Stop Loss.

So Be carefull in using it live, unless u have good money management to use ForexAutopilot EA.

And here is the graphic statement using 100 pips SL tested on FXOPEN dated 19 April 2008.

Forex Auto Pilot

Forex Autopilot. Is Forex Autopilo a scam?
Many trader said Forex Autopilot is a scam by the look of the website.
Maybe because of the 75% off coupon.

One think for sure, it's not a scam website.
You'll get the Forex Autopilot EA after the payment. That's one think for sure.
Here is the site "Forex Auto Pilot EA"

Ok let's talk about the Forex Autopilot EA.
Forex Autopilot give a recommended set files traded on EUR/USD on 1 minute timeframe.
The set files has 20 pips Target Profit but NO STOP LOSS!

Be carefull guys of the high DD.
If the price on tranding and u don't have enough margin, than you'll be death meat.

I don't have time to forward test it.
But My friend "Bossxero" forward test it using FXOPEN broker.
He is using the recommend m1 set files on EUR/USD.
But he add 100 pips Stop Loss.

Here is the Graphics until 10 April 2008


As U can see there is Big drop in the middle of the graphics.
Here is Bossxero comment on the graphics
"The big dip in the equity is due to that NO SL... the trade went in a wild freefall and had to close it manually with around -360pips... And from that point I introduced this 100pips SL"

Here if someone want to take a look about the progress of Forex Auto Pilot on forward test demo.
Broker: Fxopen.com
MT4 Platform: Download
Initial Capital: 3k
Leverage: 1:500
Lot Per Trade: 0.5 Lot
Investor Login: 75448
Investor Password: ij8oejq

Thanks to Bossxero for providing the demo result.