Forex flex EA is a new Forex robot using a new technology they’re calling virtual trades which will open trades in the background and use them as a way to monitor the current market conditions. The developers believe this is the best way to determine entry points.
Today I will be doing a quick review and giving the Forex robot nation readers an area to talk about this software moving forward.
Forex Flex EA Review
The developers of the Forex flex EA claim that no automated system on the market can consistently provide profit without regularly updating the settings. In their release of this software they’ve included a automatic update system to resolve this issue and to make sure that all clients have access to the best performing settings. This is certainly a feature that I’m very excited about and I hope that I can see this live in action.
The strategy behind the Forex flex EA isn’t discussed in detail but the providers of this software have a handful of impressive looking results. They currently have three accounts on my FX book that provide results going back to 2013 running on FX open and hot Forex. It is really going to be interesting to see how the software plays out over the next few weeks because I’m sure it’s going to get a lot of attention.
Flex EA Myfxbook Account
As you can see I chose to include a link to one of the Forex flex EA accounts provided by the developer. This is the longest running account and shows very large profits. The system trades multiple pairs and the take profit and stoploss level seems to be about even with the average loss only being if you pips larger than the average wind. The software does tend to increase the lot size and some of these wins which does provide for a good balance of risk.
Forex Flex EA Backtesting
Here we can see a couple back tests using different pairs. The modeling quality here is 99%.
This software provides three different pricing options currently, silver, gold and diamond accounts. The silver account provides traders with one life account license for $399, the gold provides to live account licenses for $599 and the diamond account provides for live account licenses for $999. At this point in time there is a 20% coupon “20OFF”.
Forex Flex EA Conclusion
I’m very excited by the potential of the Forex flex ea be a system. There are very few software’s released on the market that I feel are even worthwhile testing.
This is certainly a software that I am going to test personally and add to the best Forex robot testing page shortly.
This page will act as a place for people to leave comments and opinions about the Forex flex EA so please scroll down and let me know what you think.