Forex Harvester Review

Note: See my test results and recommendation at the bottom of this review.

The vendor of Forex Harvester is Mark Marshall. This promotion is actually about the new version of the original robot, Forex Harvester 2 (H2.0). This robot is allegedly based on the manual strategies of Mark himself as well as “some really good traders with proven track records” and is backed by a good support team. However, the robot has not yet proven itself in real live  trading and the claims are backed purely by statements of demo accounts.

Forex Harvester Claims

Some really strong claims are made, like the following: “This is THE single best home-based business available ANYWHERE at ANY price …”, and “ it blows all other so-called EA’s totally out of the water”. According to the vendor the buyer can expect gross profit of 10-15% per month, doubling his compounded trading capital every six months.
The vendor backs the strong claims with forward tested results, apparently from a demo account, since he promises that he will give feedback when he begins to use it in a live account. The results (from the demo account) reveal a success rate of 90%.  Testimonials are from people using the robot in demo accounts. They are impressed by the support from Mark Marshall and his team.

How does the Forex Harvester work?

The vendor only gives a number of features of the robot, but nowhere explains exactly how it works. Apparently the robot usually trades only within the first few hours of the week. Filters are said to be set to avoid bad trades and overtrading.  By means of their Pip Amplification Technology (P.A.T.) the robot is then able to maximize profit from a trade, while minimizing risk at the same time. It seems like more than one profit targets are set and that the EA exits regularly to lock in profits.

Other features of Forex Harvester
The system can be used with any major currency pair: USDJPY, EURUSD, GBPUSD, USDCHF and EURJPY. Their proprietary Pip Amplification Technology (P.A.T.) is said to get the most out of the movement while minimizing risk.
The management system is set up in such a way that the trader will know exactly what the largest possible loss is for a particular trade. However, due to P.A.T. the actual loss (if things tun against you) may be half that size depending on market movements. Part of money management strategy is to lock in profits, but no detail is given as to how this is done – probably by means of more than one profit target per trade. The EA also avoids most Major News events to protect trading capital. The Robot is capable of dealing with all quote formats. As low as $250 trading in micro accounts. Leverage can be as high as 1:500 or as low as 1:50.

The Forex Harvester Package

For the price of $147 you get:

• The latest version of Forex Harvester, Forex Harvester 2 (H2.0) trading robot;  all future upgrades are at no charge.
• The ORIGINAL Forex Harvester.
• Unlimited Support at their advanced client service & support site.
• Charter Membership at their gated community.
• Access to their recommended broker.
• Access to our their custom VPS service for a “very reasonable” monthly fee (no details given). When you subscribe to this service,  you get a SECOND license to H2.0.
• Guarantee: Thirty days money back guarantee.

My Forex Harvester Test Results and Conclusion

I tested Forex Harvester for almost 5 months and the net profit over that period was 6%. In the end I decided to stop the test, because the performance was just not as good as advertised. See my testing stats and account statement on the Forex Robot Testing page. Based on my own test results I wouldn’t recommend this product and would definitely suggest that you focus on one of the robots on my Top 5  list or subscribe to my weekly robot testing newsletter.

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