Last Updated On
Fri Jun 22nd, 2018
License
The licence is valid for one live or demo account and includes support and updates. To activate the licence, a hardware key has to be generated with a software tool provided after purchase. Both, the key and the account number have to be communicated to the support team which will in return provide an installation package for each account.
Broker / VPS Recommendation
Compatible with Any Forex Broker, But We Recommend Installing it on AccuWebHosting VPS and Using it on a Tickmill ECN Pro or Classic Accounts for the Best Stability and Profitability.
User Manual
A 4-pages manual explains the installation and set up of Forex Spectre.
Support
Friendly and Qualitative 24-hours / 7-days.
Updates
Free Lifetime Updates.
Guarantee
30 Days Money Back Guarantee Offered by the EA Vendor.

Trading Strategy

Each of the three embedded strategies trades autonomously with no interaction with the other two strategies, so that there is a possibility to open a long trade by on strategy while another strategy has opened a short trade at the same time.

If Forex Spectre detected an entry signal and considered it to be highly promising using its advanced algorithm calculates, it automatically opens a trades with a double of the preset lot size.

A money management system is involved in Forex Spectre with the ability to deactivate each of the working trading strategies.

A division of the account balance can be assigned to be the only tradable balance division while the remaining balance can be freely used for manual trading or by other EAs.

Hedging also can be disabled in the EA settings.

3rd Parties Verified Live Trading Results

The live trading performance of Forex Spectre is demonstrated on an exclusive Tickmill ECN Pro account set by ReviewForexRobots and verified by MyfxBook and FxBlue. A Forex4you Live Account of the developers is also listed here!

Forex Spectre System by fx_skill | Myfxbook

Started
May 27, 2013
Leverage
-
Broker
Forex4you
Account Type
Real
Starting Balance
$500
Forex Spectre System by fx_skill | Myfxbook

Forex Spectre Default System by fxrobotreviews | Myfxbook

Started
Yesterday at 00:00
Leverage
1:500
Broker
Tickmill
Account Type
Demo
Starting Balance
$3,000
Forex Spectre Default System by fxrobotreviews | Myfxbook

FX Blue - Forex Spectre

Started
2018-06-23 00:00:00
Leverage
1:500
Broker
Tickmill
Account Type
Demo
Starting Balance
$3,000
FX Blue - Forex Spectre

Backtests

According to the backtests run by ReviewForexRobots, the risk reward ratio is about 1:1 which is apparently excellent while the hit ratio reached just 55%. A high trading frequency that could reach 800 trades per year as that of Forex Spectre could guarantee midterm profits but longer sideward movements could happen. Drawdown periods are inevitable on a short-term basis.

EURUSD 90% Modelling Quality Tick Data - 1999 to 2013

EURUSD 90% Modelling Quality Tick Data - 1999 to 2013

EURUSD 90% Modelling Quality Tick Data - 1999 to 2013 - Compounding

EURUSD 90% Modelling Quality Tick Data - 1999 to 2013 - Compounding

Forex Spectre Info Summary

Pairs: EURUSD
Timeframe: 5M

Buy Forex Spectre
Rating: 4.81/5 (29 vote(s) cast)

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Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.