Expert Advisor Reviews

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 …

Today I’m reviewing a new Forex robot by a developer that believes that market momentum should never be wasted, StoneBreaker EA. The product is created by an Asian developer, so it’s somewhat difficult to understand every aspect of the strategy, and methodology, but I’ll do my best to provide you with the full analysis today. Owned and operated by Yip …

Today I’m reviewing a new Forex robot that promises to be robust and able to generate consistent profits in any market condition, AI Generate Trading System. The developer of the software claims that he’s been looking for a reliable trading software that could be back tested up to 10 years, but after 3 years of searching unsuccessfully, he decided to …

Today I’m reviewing another Forex robot hosted on the MQL5 marketplace that’s built to instinctively analyze market trends, R747 BreakOut EA. The software first hit the market on June 7, 2018, and is now up to version 1.57 with its most recent update coming on 20 August, 2018. So, it’s apparent that the developer is active in updating the software, …

Today I’m reviewing a Forex expert advisor that was first released in October 2017, Hamster Scalping. The robot is built with a no martingale approach that trades exclusively at night while taking advantage of the RSI indicator and an ATR based filter for picking out sharp entry points. With over 200 reviews, and 6600 comments, it’s clear that this low-priced …

Today I’m analyzing a new expert advisor developed by the Automated MT4 Indicators (expert4x) team, Forex Dream Machine. This robot is built on a foundation that was set in July 2017, when this group created the spaghetti indicator which is built to identify “the most overbought currency in the home market and the most oversold currency and the whole market.” …

Today I’m looking at a new Forex expert advisor, built for exclusively auto trading the XAUUSD pair, Algo Scalper. Unlike most other systems, this robot is only available on a monthly basis for a $30 fee, which is all in good, as long as it’s consistently growing your accounts. If it ever starts losing, it will be very hard to …

Today I’m reviewing a new expert advisor built with a focus on customized indicators used to identify proper trend reversals, Wolfgrid EA. This is obviously a grid trading strategy, which is generally a type of trading approach that Forex robot connoisseurs avoid due to its elevated levels of risk, but this system is backed by quite a few positive reviews …

Today I’m analyzing a new Forex expert advisor developed by the LeapFX team, Quick Scalp Trader. This group has the modest goal of scalping “up to 250 pips per month automatically even if you’ve never succeeded at Forex before.” It’s clear that the creators of this service are marketing to less experienced traders, but they still believe that the system …