Forex Boomerang Expert Advisor Real Review
Forex Boomerang Expert Advisor Review
This expert advisor says that it turns 10K Turns Into $453,258.28. It turns $500 into $308339.74. But if you see the results, they are only hypothetical results. That means this expert advisor is not run on a live account or a demo account for some time and no results were shown for this. Moreover the hypothetical results were given only from Jan 1st, 2008 to Oct 31st, 2008. There are no hypothetical results for previous years like for years 2007 or 2006 etc. There are no real or actual results are also given for this. There are no forex forum topics where I can see the reviews about this expert advisors.
When you search for “Forex Boomerang Expert Advisor Reviews” in google, it brings a lot of reviews and every review says the same thing that is mentioned on the original website. There are no forum topics where people discussed or are discussing about this expert advisor. For example all the reviews are saying “it turned out 10K into $500,000 in a year”. I think most of the reviews are made up by the expert advisor developers or the affiliate marketers who try to sell this product. There are some beta testers mentioned on the website but this is all made up. It is said that they are beta testers that means the software should have been given free to them for testing. But if you check the first beta testers reply (as they are saying that they are the actual replies from the BETA Testers) at the end of the reply you can see “P.S..there’s no damn way I want a refund. It would be a waste of time where I could be making money instead!!”. Why does anyone mention for a refund when the software is given free to them for testing?
Beta Tester 1 Reply As Mentioned On The Boomerang Website
I didn’t check any of the above before I buy it as I was not aware of the much of the things I have to check before buying an expert advisor. So I bought the expert advisor. If you want to know the things that you need to check before buying an expert advisor please read my article at
http://www.forexbees.com/forex-articles/things-watch-you-buy-expert-advisor
After buying the expert advisor I backtested it for the same time mentioned in their web site that is from Jan 1st, 2008 to Oct 31st, 2008. I got almost the same results as mentioned in their website. Check the following graph.
Forex Boomerang Backtested Results Graph From Jan1st 2008 to Oct 31st 2008
But when I backtested this for the year 2007, the following is the result. It sweeped the account. Check the graph.
forex boomerang backtested results graph from jan1st 2007 to dec 31st 2007
The same is the result for different years. Check the following for different years.
Forex Boomerang Backtested Results Graph From Nov 1st 2008 to April 21st 2009
Forex Boomerang Backtested Results Graph From Jan1st 2006 to Dec 31st 2006
Forex Boomerang Backtested Results Graph From Jan1st 2005 to Dec 31st 2005
Yes this is boomerang. But it will hit you with a death blow by coming back to you. So my sincere advise is don’t buy this product.
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November 26th, 2009 at 9:50 pm
[...] in this website.I have posted a review about one expert advisor that I bought and lost my money at http://www.forexbees.com/forex-articles/forex-boomerang-expert-advisor-r…. Check it out. I have already lost my money on some other expert advisors also. So please write a [...]
January 3rd, 2010 at 11:27 am
Hey, I recently started reading this blog – thanks for writing. I wanted to inform you that it’s not showing up correctly on the BlackBerry Browser (I have a Tour). Either way, I’m now subscribed to the RSS feed on my PC, so thank you!
January 6th, 2010 at 6:12 am
There’s more info here than in most posts, that’s for sure. I will bookmark this blog along with my favorite one, Money Pipeline.
January 6th, 2010 at 7:03 am
Trading without a automatic bot system is really hard and I dont know how anyone can expect to make money doing it like that. I have been using eas and bots for years and it works for me most of the time.
January 6th, 2010 at 10:21 am
So, what expert advisers you are using? Are they working for you? Can you post the results about the expert advisers you are using? And also please let us know what settings you are using for them and which broker you prefer.
January 11th, 2010 at 7:53 pm
Thank you so much, there aren’t enough posts on this… or at least i cant find them. I am turning into such a blog nut, I just cant get enough and this is such an important topic… i’ll be sure to write something about your site
January 13th, 2010 at 5:03 pm
I have been doing trades for about 7 years up til now and I’m always on the lookout for quality sites and articles. This one really strikes a chord with me and I’m thinking about quoting it on my own site. Would you have any objection?
January 13th, 2010 at 5:06 pm
I don’t have any objection. Please go ahead and quote it on your site..
January 13th, 2010 at 5:31 pm
Thank you. Please go ahead and write about my site.
January 13th, 2010 at 11:00 pm
I lean toward using computerized systems myself, but I can clearly accept the points you’re mentioning in this post. You’ve more experience and better insights than many of the people who are preaching about trading on the web. Thanks for the helpful article.
January 24th, 2010 at 7:53 pm
Brilliant article as usual. I find it hard to write content for my site but you do a brilliant job here.