Today I will be looking at the Forex Stalker a new EA that is starting to get some attention from Forex Traders. I will go over all the details of this system and let you know if it is worth your while.
The hi-tech fully automated system for high-performance forex-trading with low-risk Money Management!
So the Forex Stalker site is kind of crappy, but I don’t use this is a measuring stick for how well a product will perform. I just hope all the time that could have been spent on the web site was actually spent developing the Forex EA.
The EA tries to keep the risk level really low by using money management and picking up sizable trades. In looking at the Forex Stalker results I see a few noteworthy things to tell you guys. At this point in time there are 15 open trades, so this EA opens many multiple trades and can keep these open which can be quite nerve racking.
The system seems to trade many different currency pairs, so the Forex stalker strategy is obviously not one that focuses on a certain pairs trending nature. Another thing that I just noticed, this is obviously time sensitive, is that the robot hasn’t made a trade in over two weeks. I wonder if this means it has stopped or if Forex stalker doesn’t trade that often, because it has traded quite regularly in its history. Maybe it is waiting for the open trades to become profitable before they are closed, this is most likely the case.
If you have any information about Forex Stalker, feel free to leave a comment below and we can discuss this system further. Let me know if you need any help.