MaxiMillian Forex EA is a new automated trading robot built to maintain performance it all market types. The developers of the system believe that a robot should never be greedy when the market is fluctuating because their main focus is on account safety.
Today I’ll be reviewing this software and analyzing the probability in which it can impact our accounts positively. Here at Forex robot nation we take this process very seriously to make sure that you get all the information you require.
MaxiMillian Forex EA Review
The MaxiMillian Forex EA is a way for traders to be “rid of the complicated charts, sophisticated methods and analysis.” It is built to work on the EURUSD and GBPUSD pairs on the H1 timeframe. I hope that the system will be able to handle the Brexit situation with Britain’s decision to leave the Europeon union on the horizon. Historically, Forex robots have a very difficult time handling news and drastic market shifts. Hopefully this EA can handle these changes, and if not just positive your usage until the market settles.
As an aside, I want to advise all the readers of Forex robot nation to take a look at all of their current robots and make sure that they stop the ones trading the Euro or Great Britain Pound. This is the safest way to avoid instability in our trading.
MaxiMillian Forex EA Results
Back on topic, the MaxiMillian Forex EA developers have a trading account with FX blue that shows the system gain roughly 7% every week. This is a very impressive return but that doesn’t seem to be any real user results in the marketplace just yet. The system trades frequently, as we can see there are over 578 trades in 100 days of testing. As of right now, the system has one 430 and lost 148 trades.
The software uses a scalping strategy to win 10 pips on average and lose anywhere from 25 to 250 pips. This is a normal scalping system. You have a small take profit and a larger stoploss. The software will let trades run and hope that the market doesn’t fluctuate too severely, as large movement will result in stop outs.
MaxiMillian Forex EA Conclusion
Like most reviews I’ve done recently I’ve been a little more reserved with giving an immediate green light. It’s clear that the MaxiMillian Forex EA looks very solid from the onset but that doesn’t mean that this is going to be a long-term winner. One hundred days of testing is good but it’s not great. I think we should continue with this reserved approach and wait for more information to come to light.
Please let me know what you think about this software by leaving your comments and observations below this article. As always, if you are looking for a more proven solution that head over to my best Forex robot page and see what’s working for the rest of the community.