Forex Ironman is tweaked to deliver ground breaking winning trades. We have simply removed the element of RISK and increased the possibilities of Trading Forex
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It works on the 1hour timeframe and trades on the EUR/USD currency pair. Forex Ironman is fully automated. All you need is just a computer with an internet connection to get started. In just 2 minutes, you can be trading automatically and gain HUGE profits from using FOREX IRONMAN. You neither need to know computer or Forex to get started.
Forex Ironman Review (Video)
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May 25th, 2010 at 7:53 pm
Ironman seems to be everything it claims, EXCEPT for the extremely high stop loss of 450. I will admit, it shows zero loss trades.
But, eventually, with a stop loss that bit there will be a BIG loss, potentially wiping out much profits and perhaps your whole account.
However, I am doing optimizing and backtesting, and it seems that I get just as good results with a small stop loss of 10. So far, starting with a balance of 10,000, and a stop loss of 10, trailing stop of 10, and take profit of anywhere between 175 and 450, and you should be able to triple your account.
Put another way, if you start out with 1,000 in your account, with the above settings, in one month, you SHOULD have 3,000.00. But, I have to do more forward testing. So far, for the low price, this is the BEST EA that I have tried yet.
May 25th, 2010 at 11:18 pm
After more back testing and optimizing, it leaves much to be desired. I got the above results after optimizing for only the past month, but when optimizing and backtesting for 6 or more months, the results fall apart.
The only way to get the stellar results that are claimed, is to go with the default 450 stop loss, which I think is way too high.