Sunday, November 22, 2009

Forex Expert Advisors : Dirty Forex an Unbiased Review

A few weeks ago one of my subscribers asked me to review the Dirty forex system which is offered at dirtyforex.com. Today's post will be dedicated to the evaluation of this trading system which I mainly do based on the evidence provided by the author regarding the expert's profitability. With this in mind I then check the EA against my criteria for long term profitability and give my opinion about its trading.

Ok, first of all, I would like to start with a paragraph I found within the dirtyforex website :

"The DirtyForex team is starting a revolution. A secret war to tip back the scales in your favor. Our mission is to arm traders with tools that are proven to work, even if those tools are distasteful to some."

After going through the whole website and reading the whole content I am still wondering. Where is this revolution ? The dirty forex web page seems to be nothing more than a big ball of the same old hype we have come to get used to. Even more, the dirty forex EA is even more hyped than all the rest of them because these people don't even show a single back, forward or live result. I mean, this people do not show anything about their expert advisor.

They do not show any trades we can compare, they don't show backtests, pictures, live trade examples, nothing. This is one of the weirdest web pages I have ever reviewed regarding forex expert advisors. How is it that a seller wants to sell something by saying nothing about it ? There is absolutely no evidence to backup any of the claims on their website. How could we even evaluate an expert advisor when the author shows absolutely no proof of anything ?

For all we know, this people can be selling anything. Buying the dirty forex software is nothing short of a gamble. You would be buying something to which there is no evidence, you are buying something with no idea of what it really is. Is it another EUR/GBP scalper, a EUR/USD trend follower, a AUD/NZD grid trader a GBP/USD martingale, who knows ? For all we know, this EA could be any of the above stuff, it could even be the moving average sample that comes with metatrader. Come on, this people did cross a line trying to sell something with absolutely no evidence. Like if we were retarded, come on !

Of course, this EA is NOT worth buying or testing. I will gladly rewrite this review if ENOUGH evidence is given. If you would like to learn more about the world of forex automated trading including how to program your own long term profitable strategies 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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