GANON EA 2015 Results, from www.forexrobottrader.com

These are the results from running the Ganon EA, from www.forexrobottrader.com, on EURUSD 1hr Default settings on Oanda 1:50. On the website, the Ganon bot is making a ton of profit. But in reality, this is what you will see. Be aware I've purchased 2 of his so called "awesome bots" and they have done nothing but eat up my capital. Since no one wants to review his bot professionally, I thought I would at least show the public what this bot does for real. When I ran the GanonEA on my live account, within 2 days, it had eaten up $40 of my $200 using default settings. If you want to make money in the Forex, learn to trade manually. Or follow a professional traders trades (which is still risky), just stop looking for the "Holy Grail" of an EA because they do not exist and never will. Think about it, if one did exist, everyone would be using it. Stop wasting your time and spend it learning to trade manually.

Comments

1. I'm revisiting this post after a year. Since then, I've learned to trade on my own using very specific rules on only 3 currency pairs. BTCUSD, XAUUSD, and EURUSD. I only trade during the morning, typically, 7am to 12noon CST, and I only shoot for about 20-30 pips profit. I no longer go for the longer term. Too many times have I gone far into profit just to wakeup the next day to be as far into the negative as I was in the profit. So it works out better for me to take the profit off the top when I can, then find a new trade. The only pair I "buy and hold" on is BTCUSD. I opened a buy order on BTCUSD back in Jan 2017 at $835 and it hasn't been back in that area since. I plan to hold this trade for many many months to years. Gold is actually very easy to trade. I identify the trend, wait for a pull back, then I execute a trade. It's actually that simple with Gold. I use a combination of S/R & Fib levels. With EURUSD, I primarily wait for a news releases I can trade, one where the analyst forecast trade-able numbers for example the NFP, if the previous was 145k and the forecast is 195k .. I can pretty much guarantee a good trade, but if the numbers are close, I don't trade them eg: 145k previous with 140k forecast, this is too unpredictable and I stand aside. The one thing I realized was that I don't have to be in the market at all times to make money, in fact, the more you are in the market, the more "at risk" you are. Patience is the #1 virtue and I am still working on that. Fact is.... there will never be a simple way to trade as in EA's or magical indicators. Stop searching for the holy grail software or some miracle signal service, and start to learn things like price action, Fibonacci, Gartley Patterns, and S/R (support & resistance), that is all you will need to create a method of trading that works like clock work and will earn you consistent profits. Always use a SL and never "overtrade" or "over leverage" your account. Risk only a small % per trade and you will start to see that trading forex.... is systematic, not luck, or fate.
2. with a few tweeks I have now 4 solid weeks of profits
3. If you want I can help you with the best settings ..
   and see which best currencies and timeframes !
4. Sad it , friend I also bought a robot there, bought Falcor in backteste he was wonderful , however the bill was a disaster. kkkkk , sent a gentle complaint , and they gave me all the support , and made a specific configuration for my broker and my bankroll . And now my EA is back to having wonderful profits!
   Do this , visit the support, and ask for they have helped you!
5. I will add that I do run the ForexFlexEA on my live account and so far it has earned back the $40 the GanonEA lost. However, in backtest, the ForexFlexEA eventually drains the account with one bad trade. I'm currently testing the ForexFlexEA with modified settings. I'm finding that turning the ForexFlexEA off on Fridays keeps the bot from blowing up the account. If you are going to buy any Expert Advisors, I personally recommend the ForexFlexEA. At least you will get some decent results with this one.