Methodology
Every Forexero signal since 2023 is published with its entry, stop loss, three targets and outcome. This page sets out how each outcome is scored, when a breakeven is recorded, and how the backtester uses the same record.
Every signal since 2023 is on the results page: pair, direction, entry, the three take profit levels, the stop loss and the final outcome. Stops stay on the page next to the wins, and the record updates automatically as trades close.
Every signal is published with an exact entry, three take profit targets (TP1, TP2, TP3) and a stop loss, and its outcome is recorded against those levels: the result is the highest target the market reached, measured in pips from the entry to that target. A signal that hits its stop before TP1 is recorded as a full loss, at the full stop distance.
Once a trade reaches TP1, it is no longer recorded as a loss. The record notes that the first target was reached; it does not know what any member banked on their own account. From that point the signal is scored at the highest target it ultimately reaches, even if price comes back through the entry afterwards, and a later visit to the original stop does not change the score, unless the desk closes the trade at entry and records a breakeven, as set out below.
A breakeven (0 pips) appears only when the desk closes a trade at its entry price and records it that way. That happens in two situations: the desk closes a trade early because the setup no longer holds, or a stop moved to entry after TP1 is taken out. The automatic scoring never produces a 0 on its own, and every early close at entry is posted in the VIP channel as its own update.
Win rate is worked out one way everywhere on the results page: signals that reached a target plus breakevens, as a share of all closed signals. The headline figure, the monthly chart, the month cards and the table by asset all use it, so with all markets selected a month shows the same rate on the chart and on its card. Breakevens are also counted on their own, in the headline figures and on each month card that has any, so the rate without them can be worked out from the same page.
The backtester uses the same recorded outcomes. It scores each signal at the outcome the record holds, capped at the exit level you choose: a signal that reached TP2 counts at TP1 under the Safe strategy and at TP2 under Balanced and Aggressive. It does not replay prices and it does not model a stop moved to entry, so a signal recorded as reaching TP1 counts as a TP1 win under every strategy, where a live position held for TP3 with its original stop could have finished at the stop. It is the record re-cut by exit level, not a simulation of an account.
Its money figures are for a US dollar account. A pip is worth $10 per standard lot on pairs quoted in dollars (EUR/USD, GBP/USD, AUD/USD, NZD/USD) and on gold; on USD/JPY, USD/CAD and USD/CHF it is converted at the price each trade closed at. Spread, commission and swaps are not included.
On live signals the desk sometimes manages a trade differently, with a wider stop or a later breakeven move. Those updates are posted in the VIP channel and override any default.
The free Telegram channel posts signals from the same desk. You can follow them for as long as you like before choosing a plan.
Members review Forexero on Trustpilot, and we respond to reviews there, including the critical ones. The reviews page has the live rating, what members have written and what a VIP membership includes.
The record is a result in pips for each signal. It is not a broker account statement, and it does not promise any future month. Trading forex and gold carries a real risk of loss, no signal service wins every trade, and a member’s result on the same signal depends on their entry, lot size, costs and how far they run it.