Forex Expert Advisors : Forex Supernatural an Unbiased Review

Another expert advisor I was asked to review one or two weeks ago was the Forex Supernatural trading system. This trading system was released at the beginning of this month and it’s website promises, as most expert advisors do, to give traders a high percentage of winning trades with highly probable profitable trades. The objective of this review is to evaluate forex supernatural’s ability to live up to it’s claims in virtue of the evidence provided by the author.

This type of sales page is the one I hate the most. First of all, the expert advisor creator is purposefully misleading through the whole sales page, never speaking about the balance necessary to carry out trades or the actual percentage of equity its trades represent. Again, as I have said many times, absolute money values are MEANINGLESS, a 10,000 USD profit is small for a 1 million dollar account and large for a 50,000 USD account, so please, give us meaningful profit values as account percentages. It makes absolutely no sense to talk in absolute values if no initial account equity is given. This is just purely misleading and is just there to fire people’s greed up.

Now what the hell is up with this evidence ? I make all those screenshots up in a few minutes using excel or another spreadsheet program. These screenshots are totally worthless. Please, don’t treat your customers as if they were retarded ! Anyone knows that the only valid proof you can provide is an actual account statement which in the best case should be verifiable by either a third party or direct investor access to the actual trading account. Are you kidding me ? How can you say that a system makes money consistently with such disputable and unverifiable evidence ?

After that, the author continues to insult our intelligence by saying that he actually tested the system for a year when all he has is a backtest. Of course, this backtest is totally worthless since we cannot verify it’s reliability with any live testing results since we don’t have ANY live testing statements. So what do we have ? A guy who is speaking a bunch of hype with no solid evidence of it being truth. Furthermore, the backtesting shows unreal profits which, in my experience, have always pointed to severe one minute interpolation or other backtesting error exploits by the expert advisor.

Please, provide me with a 6 month live testing and a 10 year backtest from 1999 and I’ll be happy to reevaluate this review but from now, this system is totally worthless and NOT worth buying. If you buy this you are just gambling your money to whatever you get.

If you want to learn more about how to obtain reliable evidence, how to properly evaluate a trading system and how you can star trading profitably with automated trading systems with realistic profit and draw down targets please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

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