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Fade Machine Expert Advisor

Average Customer Rating: (based on 4 reviews)

(5.0 stars vs. 3.1 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
1 of 1
100%
Intermediate Trader
3 of 3
100%
Expert Trader
0 of 0
0%
All Traders 4 of 4 100%

Recommendations by Usage Length:

A month or less
3 of 3
100%
1 - 3 months
0 of 0
0%
3 - 6 months
1 of 1
100%
6+ months
0 of 0
0%
All Traders 4 of 4 100%

Characteristics:

Pros:
Easy setup, Great price, Easy-to-download
Cons:
None

Description:

The Fade Machine is swing trading strategy that uses proprietary algorithms to pick tops and bottoms based on clear recoveries following extreme price deviations. This strategy determines pivotal turning points of support and resistance while still trading with the overall trend.

Single Review: (view all 4 reviews)

james3dean
james3dean

Intermediate Trader

Professional Grade EA

2/2/2010

2 of 2 customers found this helpful (100%)

Pros:
Easy setup
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
This website provides a vast amount of backtest data for all their systems. They provide year by year results since 2001. They also show the results on 1%, 2%, and 3% risk settings. Therefore, you know up front what kind of returns are possible and at what risk.

Most impressive the system can return 25% a year with only 10% in drawdown. If you want to be more aggressive you can return 50% plus with an acceptable drawdown of 30%
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