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Poison Robot Hacked

15
Dec

Written by Donna
Donna’s Review:
Ease of Use:
Control of Risk:
Customer Support:
Overall Rating:
Poison Robot Hacked

Poison Robot Hacked comprises of two robots, “Tokyo night” and “Osaka 7″ which work together to pick entry points, spread risk and maximize profits (apparently, claimed by vendor).  These are easily installed with a self installing program that places them inside the metatrader.   After the install, you are presented with a choice of standard or high risk settings the former being recommended for new traders.  The experienced trader is then offered a choice of two more options ‘good risk’ and ‘high risk’.  The standard two chart setting uses two EURUSD 5min charts and is the configuration that we have chosen for this test.

Here are the trading options as presented by the vendor:-

Standard risk

Osaka7 EURUSD and Tokyo night EURUSD 1 chart each 5min time frame.

Advanced / High risk

Osaka7 EURUSD, AUDUSD and GBPUSD I chart each 5min time frame.

Tokyo night EURUSD and GBPUSD (highest risk) 1 chart each 5min time frame.

Poison Robot Hacked trades during the Asian Session, which we initially were a little concerned about since we test many robots which trade at this time. As with many Asian session trading robots this one also uses a high stoploss and much lower take profit, although by no means is this robot as unbalanced as many out there. Initially we had flawless results and great gains but as i write this we did suffer our first stoplosses, two in a row, which were not large enough to take out all of our profit but nevertheless did have a pretty high impact on our results. The problem moving forwards then will be whether we can win consistently and often enough to overcome these larger losses when they happen.

Update 9 February 2010

Since starting it’s demo test Poison Robot hacked has made a 26% profit however it has not made any trades since 14 January 2010.  We have decided to remove it from test.

poison end

Visit Poison Robot Hacked

4 Comments

  1. Daniel says:
    February 6, 2010 at 8:52 am

    You should have profitability (or something like that) in your review.
    With your parameters, an EA that is Easy to Use, manages risk, and has customer support, could have 5 stars… even if it crashes and makes you loose all your money.
    If this site grows (and I hope it does) people will be looking for profitable EA’s.

    If by any chance Steinitz (the most hated man in Forex with the worst reputation and by many considered a scammer) creates a profitable EA, he’d be listed on top even if his customer support is the worst thing on earth.

    Mr. Steinitz is happy with his mediocre EA’s and taking away working people’s money. But what if he hit gold (not by intelligence but by luck) and offered a profitable EA?
    I know, I know, then he would stop selling them.
    But what if he did?
    In the reviews he’d be at the lowest point because of his mediocre support, even though he had a profitable system.

  2. Oscar says:
    February 12, 2010 at 1:13 am

    Congrats for your great site, however, I agree with Daniel, it would make sense to rate the EA’s according not to “ease of Use” and “control of Risk” but rather : Profitability (does it pour out profit?) Stability (homogeneous results per time frame), and other evaluation results that can be useful to potential buyers.
    One thing most EA’s don’t have is stability in Results (Market Adaptability or whatever you want to call it) One example is the famous or infamous (you pick) FAPTurbo. I’ve tried the robot for more that a year in demo, with as many as 8 brokers, never have gone live. Why? because this thing has never proved stability over time, I would have lost my money eventually.

  3. Barry says:
    March 21, 2010 at 7:21 pm

    I use Poison Robot Hacked and have found it to be one of the best forex robots out there. It has a great risk/reward ratio and consistently delivers cash into my trading account.

  4. Chris says:
    March 26, 2010 at 11:51 am

    For the month of March, 2010, I have had a total of 23 winning trades from Poison Robot Hacked and NO losses. I am using their standard settings.

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