Expert Advisor Reviews

LCF Theta Vector is a new Forex expert advisor based on a custom variation of the popular RSI indicator. The system is starting to generate interest within the MQL5 community and is viewed by a small segment of the community as a potential rising star. The software was first published on December 28, 2017 and is now on version 9.5 …

Broker Profit is a new Forex EA that promises to generate consistent income regardless of the current market conditions. They believe that they are smart Forex trading product is the perfect solution for traders that are interested in automated trading robots that want to maximize their earnings with minimal effort. The website is poorly put together, and not very aesthetically …

Dara Trade is a new Forex robot provider that promises to provide the community with automated trading systems that exhibit character. They want to connect “ordinary people with extraordinary automated trading strategies.” Unlike most EA developers, this group believes they set themselves apart from their competition by offering multiple different trading robots, with unique trading strategies. The company is owned …

Today I’m analyzing a new Forex robot promising substantial profit via a unique approach to automated trading, Forex Black Robot. Developed to work on the EURUSD, and JPY, the system looks to take advantage of volatility on the H1 timeframe. According to the sales page, the average profit is over $12,000, but this is an substantiated in any way. My …

Today I’m analyzing a new Forex expert advisor the claims to the perfectly automated algorithmic trading system, FX Street Robot. This developer knows that 95% of traders lose their money, and they believe it’s because traders don’t have access to a solid tested trading strategy. They feel that this is something that they can offer the community, with their Forex …

Today I’m analyzing a Forex robot from a bank trader who claims that he can turn losing trades into winning trades, Econ Power Trader. According to the sales page, the creator of the software “made over 70%, 1700%, and 1469% profit trading Forex in just a few months without placing a single trade.” To me, this sounds like obvious sales …

Today I’m reviewing the latest Forex expert advisor by Rita Lasker and her Green Forex Group, Forex Anti Robot. With a name like this, you would think that the developers are against automated trading, but that’s certainly not the case. Rita claims that the reason for this name is because she’s developed a product specifically “to protect your deposit.” Yet, …

Today I’m reviewing a new Forex robot that claims to be the best in the market because of their unique trading algorithm, FX Ekspert Moving Average EA. One of the unique aspects of the software, is that the system allows traders to choose between multiple risk profiles, so that they can modify the risk reward ratio to suit their personal …

Today I’m reviewing a new Forex scalping robot, that claims to provide traders daily gains of up to 25% on a regular basis, Scalpian V2. The presentation of this system is a little different from other sales pages we come across, as the vendor wants us to login directly to their MT4 account to analyze the results. I’m not really …

Today I’m reviewing a new Forex robot built to help make life easier for the average trader, Daily Waves EA. This software was first released on December 5th, 2017, and was last updated on August 22nd, 2018, to version 1.7. It’s a positive sign to see that the developer is still updating the software frequently, with the last update coming …