Forex Over Drive Review by a Beta-Tester
First a little background on Forex OverDrive. This expert advisor claims it enters trades based on a number of indicators hitting specific criteria, yet there is no mention on the website or in the manual as to which indicators or what types of markets the EA thrives in. It also lacks a setting that other popular forex robots have – a setting to adjust risk, from conservative to riskier.But enough about the negatives, the expert advisor did come with a nice installer and a fairly comprehensive manual.
Also included was a free indicator “FX Trend Catcher” which I checked out briefly but didn’t find it that useful. The Results with Demo Account : So, how did Forex Over Drive Review perform? I was pleasantly surprised with the results I had while using Forex Overdrive. I first placed the robot on a $5,000 demo account as I was not willing to allow the expert advisor to take over my live account just yet. After 1 week of trading on the demo account I was shocked to see it had grown to $5,489.29.
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