Poison Robot Hacked is an automated Forex trading Expert advisor with difference. Rather than making use of one Expert Advisor strategy the system actually uses two.
The strategy executes primarily in the Asian market session with the two robots said to be capable working’ together in order to determine the best trade entry points and balance account risk and diversification.
In addition to offering two Expert Advisors two trading strategies are also provided: Standard and Advanced. As you would expect the advanced strategy offers higher potential rewards in return for greater risk.
| Where To Buy: | No longer available |
| Price: | $97.00 |
| Currency Pairs | EURUSD, GBPUSD, AUDUSD |
| Time frame | 5 minute |
| Type: | Scalper |
| What You Receive: | Poison Robot Hacked installer, user guide, email support |
| Guarantee: | 30 Day Money Back |
The Poison Robot Hacked EA
Poison Robot Hacked is an automated Forex trading system which actually consists of two Expert Advisors; ‘Osaka 7’ and ‘Tokyo Night”.
These two Expert Advisors are claimed to work together in order to pick trade entry points and spread account risk. While you can run the EAs independently of each other, it is recommended that both are run simultaneously.
In addition to two Expert Advisors the system also offers two trading approaches. The Standard strategy (lower risk) is designed to trade the EUR/USD currency pair, with an advanced strategy (higher risk) also adding both the GBPUSD and AUD/USD pairs. Unlike many systems there is no physical restriction on the currency pairs that can be traded, so there is additional scope to try out the strategy on additional pairs.
Poison Robot Hacked follows a scalping strategy which is primarily designed to trade during the quieter Asian market session. However it is suggested that the robot is run on your account twenty four hours a day as it can in fact trade at any time if the right strategy conditions are met.
The package also includes the ability to make use of the HUD chart indicator which displays some useful market information, including current directional trend from a variety of trading indicators and broker spread.
How to Use Poison Robot Hacked
Poison Robot Hacked comes as a simple point and click installation file. This makes installation of the two expert advisors used by the system straightforward. You simply need to browse to your MetaTrader Expert Advisor folder when prompted and click through the installer to complete the setup.
Once installed you will need to add the Expert Advisors to the relevant charts. The strategy chosen will dictate the chart setup.
The Standard Strategy (EUR.USD) requires you to open and configure two charts, one for each of the Expert Advisors.
The Advanced Strategy adds an additional two charts for the GPB/USD (one for each advisor). The AUDUSD is also traded on the advanced strategy but only by the Osaka 7 EA.
All charts are setup on the 5 minute time frame and are recommended to run on the default settings provided, although there are a range of settings that you can adjust.
Poison Robot Hacked Backtests
Ok, so here are the backtests for the Poison Robot Hacked standard strategy. These show the performance of the strategy on the most liquid of the pairs that can be traded. There are two sets of tests, one for the Tokyo Night Expert Advisor and a second set of tests for the Osaka 7 EA.
You can click on the chart for the full backtest report. All tests carried out with Alpari UK data.
Tokyo Night EURUSD 2005-2010
Tokyo Night EURUSD 2010
Tokyo Night EURUSD 2011
Osaka EURUSD 2005-2010
Osaka EURUSD 2010
Osaka EURUSD 2011
While most Asian scalpers tend to focus on profit targets of a few pips, the strategies used here look for a bigger 20 pip target. Therefore the tests are probably somewhat more representative of performance than is usually seen with these types of scalping strategies.
It is evident that little headway has been made over the shorter term though having said that, the level of draw down has also been fairly low, peaking at 9.0% on the Osaka 7 EA. The 2005-10 chart for Osaka 7 would suggest to us that this EA is probably more suited to trending markets given the plateau which becomes evident as market volatility increases.
For a more consistent growth line Tokyo Night looks the more favorable of the two robots to use.
The pair also trades a higher risk approach, (GBPUSD and AUDUSD) but there is no restriction to running either Expert Advisor on any currency pair.
Poison Robot Hacked Review – Verdict
Poison Robot Hacked provides an interesting take on the Scalping EA and in our opinion warrants some additional attention.
As is common with most Asian Scalping Expert Advisors the stop loss levels are higher than the take profit levels. Having said that, Poison Robot Hacked is by no means the worst we have seen. Forex Megadroid for example offers a similar risk reward ratio and is a well recognized long term performers.
The fact that the EA is not restricted to just the EURUSD is also a bonus. Those prepared to experiment a little could well find additional currency pairs that could trade well with these EAs.
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Top of Poison Robot Hacked review
What the best strategy to run this on?
We are just running the Standard strategy at present which has been giving steady results and seems to give the best balance of risk/reward.