Hi, guys! Today we will talk about Forex Invictus Indicator by Oliver Murphy and his Altra Trading Group.
I was among those who were waiting for its release, before I previously had great experience with other tools by Altra Trading Group: I regularly use Forex Xcelerator in my trading and I also was satisfied with the algorithm of Proton Scalper.
You can read about them here and here
By the way, I wanted to thank everyone who sent me their suggestions for brokers suitable for scalping. I’m really interested in this strategy, I will definitely try to dig even dipper regarding this topic and I will of course keep you posted.
Forex Invictus Characteristics
Software Type: Indicator (can be turned into an EA (robot)
Platform: MetaTrader4
Timeframes: M15, M30, H1, H4 and D1
Pairs and assets: all
Repaint: no
Special Features: Adaptive TP and SL levels, 3 Trading Modes
Price: plans from $95
First thing that I want to mention is the official website of Forex Invictus. It looks really pretty and stylish, but this is a common thing for Altra Forex Group and their products, their web-design department really pays attention to this side of business, so I spent a lot of time studying all the little details and all the information.
This is good, but we are here for Forex Invictus itself. It looks interesting and very user/beginner-friendly. You know by now that I am all for simplicity and efficiency, the less overcomplicated features the software has – the better.
I chose the Premium package out of 4 available ones, because judging from experience I find the Manager they offer very useful. I prefer doing initial tests automatically, and the Manager allows for hands off trading. And as I said, I have previous experience with Oliver Murphy’s tools, and they usually paid off, so I was ready to pay a little bit extra for a better package.
My experience with Forex Invictus
With regard to user experience Altra Forex Group is my personal all-time favorite – you don’t need to activate your software, you don’t need to wait for them to send the files, etc. – you just get redirected to the page where you download the software, type in your trading account numbers, and you are ready to go.
I loaded the indicator on my charts and decided to be a little nosy first and look for the trades examples shown on the website. I found them and was pleased to note that all of them were made with the default Optimal mode. The indicator allows the user to choose from three modes (the default Optimal and also Mild and Strong), but I am the type of trader who will stick to the Optimal one – I need confirmed signals with as few false entries as possible. In this way the default mode of Forex Invictus was made just for me and traders like me.
In other respects, the software is great as usual: it has informative infoboard, no lagging, everything is running fast and smoothly, it is easy to understand and the signals look good at first glance.
My Results with Forex Invictus System
As I usually do with my test runs, I loaded both the indicator and the manager on 4 charts in AutoMode, in order to be able later to check the results on a demo account. I got a lot of requests for this review, so I chose M15 timeframe to manage to get more signals in a short period of time.
In three days I got 81% win rate and +10% to the deposit size, which is a record for the products from my reviews! But of course this is not enough time to make any final conclusions. With the currency pairs that I’ve chosen the indicator worked wonderfully, reaching TP levels in almost all trades.
I think that these results are due to Oliver Murphy’s adaptive algorithm, which proven to be worth all the hype it was given by Altra Forex team. The similar technology was put into Forex Xcelerator, and it seems that it became more precise in Forex Invictus, so Oliver and his team are not standing still and keep working on improving their programming, good for them!
I am going to keep testing on M15 and M30 timeframe starting next week, so keep an eye on the updates from me. So far I can say that I am really looking forward to seeing it work on a real account!
Update (November, 25): I started to test Forex Invictus on a live account this week. Of course, with a small lot of 0.1-0.2, but every time the TP is reached I wish I had entered the trade with a bigger lot. Here are my last trades on M15 timeframe, I think the performance is great, especially on a market with no clear trend!:
Contact Oliver Murphy: olivermurphy@altraforex.com
or https://t.me/olivermurphy
Contact me: trentbaxter@forexrealreviews.com
Any update result now?
I started to test Forex Jupiter and use it since then
This looks awesome!
Can I use it for FTMO challenge
I think it will be better if you contacted the support team of Altra Forex Group with such a question (their email is in the article). But I personally hasn’t seen anything stopping you – all the required settings can be managed within Forex Invictus, and as I know you can change trading accounts easily.
Is the system still performing well ?
Yes, it is. I had to add my filtering tools because of the market conditions but it’s okay for me
Mr Oliver take out the people of dragon scalper the are scams take out of your group we like your forex