This Forex Talisman Robot found and little tested with interesting results!
The Forex Talisman system is by the Forex Pacific Inc. located in Singapore. Alex puts out new systems every couple of months and he reminds me a lot of Rita Lasker with how he promotes his systems. With this system the Forex Pacific group spent eight months testing and they feel they have accurately met the needs of their clients by focusing on the current trends in the foreign exchange market.
This software is built to work on the M30 timeframe, with the AUDUSD, USDCAD and AUDCAD pairs. Alex tells us that he’s using a 3-term technology based on Asian quality that makes “boosting results come true”. I’m not sure what this algorithm is exactly, I can’t seem to find any details about it on the Forex Talisman page.
Alex tells us that he always shows the latest results because they want to show how their system works under current market conditions. While I do appreciate this, I prefer a long sample size that has continued. The results for this system are from November 2nd to December 4th but then they stop. It’s 17th of December as I write this review and most of us won’t be trading until early January which means the “current results” Alex is providing won’t be current anymore. He only seems to provide results before he releases the product. There is rarely ever updated results and there is never any myfxbook usage which perplexes me.
At this point in time I can’t recommend Alex Tanuka’s Forex Talisman robot. While I want to give him the benefit of the doubt, there is just nothing on this website that verified the long or even short term performance of the trading system. With other robots in this market providing all that I require I see no reason to invest in a system that isn’t. If you want to leave a comment below the article you can now. As always, feel free to click contact at the top of the page and send me an email if you need any help with your trading.
MT4 Forex Robot Characteristics
Platform: Metatrader 4
Type: Expert advisor
Time frames: any.
Copy and paste the Forex_TALISMAN_AUDCAD.ex4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)