Forex Crescendo Review

Of the many Experts Advisors that are released onto the market few are released with a believable set of trading results.

Even fewer come with a genuine live set of results from Myfxbook.com. While this might be reason enough for Forex Crescendo to stand out, it’s actually the figures in those results that demand closer attention…

What’s Behind the Forex Crescendo Trading System?

Forex Crescendo is an Expert Advisor for the MetaTrader 4 trading platform that has been created by Andrea Salvatore.

The approach taken to the design of this EA is different to many of the currently available systems on the market.

The strategy itself is said to be based upon a series of complex mathematical patterns which determine the entry and exit points for the trades. We do however suspect that this is more marketing speak than factual. Having had a chance to look at the system in action the strategy behind it seems to follow a simple grid based trading strategy. This is similar to previous systems such as Robominer.

The Expert advisor checks the market twice a day (0:00 and 12:00) when it will enter trades based on the prevailing directional trend.

What is unusual about Forex Crescendo is that it focuses heavily on money management as part of the sales pitch and yet the EA itself makes no direct use of take profit or stop loss levels. This may ring alarm bells with many traders and quite rightly so. However let me explain the approach.

Rather than specific TP and SL levels the EA uses two settings to determine when to exit trades. These are the ‘Profit amount’ and the ‘Drawdown amount’. Both of these parameters are configurable in the settings. When either of these figures is hit the EA triggers an exit order on all open trades.

The strategy trades two currency pairs: GBP/USD and GBP/JPY

How to Use Forex Crescendo

Forex Crescendo comes with two files. An .ex4 file and a .dll file. Installation and setup is the same as per most Expert Advisors.

For those who are not familiar with these setups simple instructions are provided in the accompanying instruction manual.

The whole setup process should take no more than five minutes even for those who are new to Expert Advisors. Additional rapid email support is however available should you encounter any problems.

Once installed you need to open two new charts, one each for the GBPUSD and GBPJPY currency pairs. Then you just need to add the Expert Advisor to each chart.

Forex Crescendo Review – Verdict

Despite some reservations regarding the use of stop loss levels it has to be respected that Forex Crescendo simply uses a different approach to trade management.

The only caveat here is that the system will continue to open trades and keep them open until the profit or maximum drawdown level is reached. This can mean that trades are open for several days, effectively tying up the account until either of these targets is met.

However ultimately the results speak for themselves. With a proven return of around 10-15% per month (lowest monthly return 6.06%, highest 27.54%), the indications are that Forex Crescendo could well position itself as a traders favourite.

Start Trading With Forex Crescendo Now

60 Day Money Back Guarantee

Top of Forex Crescendo review