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Forex Steam Eight Review

Forex Steam is here with the biggest update they’ve had in over a year. I’ve got all the exclusive details so enjoy the show.

With over four years of success the best Forex robot on the market is taking this system to the next level. Easy to use and even easier to install the Forex steam robot has it all figured out in their latest update.

  • 2015 Market Corrections
  • News Filter Updates
  • Trailing Stop Updates
  • Holiday Filter Updates

It’s almost impossible to find a software in this market that is this reliable and provides free updates that guarantee continued success, luckily we have Steam.


 

Forex Steam Eight Video

forex-steam-big-logoI figured it would be smart at this point to put together a video explaining some of the new features and updates that were provided in this latest update.

This robot is 100% automated and works perfectly with the default settings. Some of these settings are not default and allow advanced users to test and find even more profitable outcomes.

I hope that this in depth video helped you understand some of the intricacies of Forex Steam and the type of power that this software has to offer Forex traders.

Now let’s take a look at my new Personal Test running Steam 8.

Personal Tests:

Steam Tests:

When I use Forex Steam I use the default settings for my personal accounts. When I do testing I test other functions and features but for these accounts you see here, they run the defaults so you can expect these types of results if you use the software.

You will be able to see in the results above that my results are starting to match nearly every trade. I noticed after the first month and a half that both my results and their results started to match up, which gives me added security.

Forex Steam Conclusion

product-box-slideI recommend Forex Steam 100%. This is the one Forex robot that I have consistently been able to use for nearly four years.

There is no other software on the market that I trust this much and that I use for my personal accounts.

If you are looking to start earning in Forex quickly grab my 10% coupon available for the first two weeks of the version 8 launch.

Steam 10% Coupon: FRN-8WX3-FRN

Try Forex Steam

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

209 comments

  1. I plan on purchasing Steam and use the light version. What is the recommended lot size for a balance of $1000 and recommended settings for a trailing stop?

    • Hi Keng Yang, I would just use the built in money management to set lot size for you. As for trailing stop, I’m not using it at the moment. I’m using default settings.

  2. Just bought Forex Steam. I had 10 trades, 8 wins 2 losses. This is amazing for me. I will give more feedback when I”ll reached my first goal. 10k is the first one. Started with a very small account on roboforex.

  3. Hello Admin,

    Do you have or plan on A separate page for Steam 9 or is it continued on this one?

  4. Bought Forex Steam on Friday, No trade yet. I have a question will this robot be detected by Broker. And if so what will happen then?

  5. I would like to know the best broker for USA people which works with Steam EA.

    • I would strongly recommend one of the following: 1. An ECN MT4 Pro account with FX Choice. Margin up to 1:200, minimum deposit is $100 but to use this EA you should probably start with $300-$500. 2. An TALLINEX ECN-PRO acoount. The max leverage on this type of account is up to 1:400. Also, the required minimum to open this type of account at Tallinex is $2000. 3. A REALGOLD ECN account at Forex Broker Inc. Leverage is up to 1:500 and the minimum deposit amount is $100. In general, my opinion is when using EA’s you definitely want to open ECN Pro (fixed / tight spread) accounts instead of classic / variable spread accounts.

  6. Hello, how many trades does Forex Steam do per day? And is there a difference in performance between light-version, version 8 and now V9?

    • Hi Mace, around 1 trade per day, sometimes more as you can see in my results. The best version is the light v9 which you get when you order and all subsequent updates for free.

  7. Bought the robot yesterday. Made my first trade and it was profit.
    Waiting to see the next.
    I want to know if a risk of 15.0 is to large. On default it was 10.0. Should I have leave it to 10.0 or 15.0 is good?
    Thanks!

  8. Hi,
    I have tried to buy Forex Steam but after I submited the order I was told to wait so they can verify ( verify what?)
    I have not recieved nothing from them, nor from ForexSteam. Contacted support with order nr but still no response! Can you help? Can I pay some other way? Thanks!

  9. this is best robot, i bought this robot and, traded for a week, and 10/10 won, my take profit 11 , this total 110 in a week. 😀

  10. Last week I bought Forex Steam Robot and installed in my account. My broker is Liteforex. The robot is active, but not catching any trade. My settings are EURUSD M5 and ecn ture. Pl clarify.

    • Hi, if you have a smaller account you may have to increase the risk setting in the EA. The software could be opening trades your broker deems are too small, easy fix.

  11. does it work liteforex broker ? my broker is liteforex

  12. I bought Forex Steam last week. So far the results seem promising on demo. Running the Light only for the time being.

  13. Hi admin,
    I noticed your published test account started with $1000 and .33 lot size which I think equals a 6.6% risk.
    Has that account been using that risk size throughout the entire list of published results — or did you ever lower it at some time to something generally considered more reasonable or less risky?

  14. FOREX STEAM LIGHT is just 2 trades away on hitting the 10 million dollars. Very inspiring 🙂

  15. I am interested in Forex Steam 8. Is it really the best robot? What broker do you recommend? What is the lowest deposit recommended? What is the lot size set for robot to run? Do we run it for multiple pairs or just one pair at a time? Thanks!

    • Hi Ponnara, it is the best robot. I use the recommended broker they provide you with. Lowest deposit, $300. Has built in money management for lot size, just EURUSD is my favorite with this system.

      • Hi, I have limited fund. If I deposit only 100 dollars, does it affect money management in the robot? Or do i need to decrease the lot size accordingly.

        • Hi Ponnara, no it doesn’t affect money management. It would still calculate lot size based on a percentage. You can also just set your own lot size if your prefer.

  16. It’s like I’m here every day now, amazing results: http://i.imgur.com/dIjXRc8.gif

  17. Hi Admin,
    I would like to thank you about your Forex steam review and discount coupon.The EA is great!

  18. More results, and more steam wins, here you go guys: http://i.imgur.com/3ueXWkE.gif

  19. Your trade result shows on 18th it took one trade but I have 3 trades. Any idea what could be the reason?
    My broker is not FinFX. All three was profitable. so I don’t mind. Just want to check if I am doing anything wrong or broker could be the reason.

  20. 16 straight wins, it continues, see my results here: http://imgur.com/h9YafT8

  21. Why Forex Steam does not trade on friday? All days are set to “true” and nothing. I am asking cos it is 4th friday when it does not trade and lots does not change too.
    PS: I am happy with results. 120% during 3 weeks (excluding fridays).

  22. I have just bought and started using the forex steam robot – going to try the light v8.0 on a demo for a couple of weeks to see how it goes

  23. I’m back again and steam continues to be hot, my updated results for you: http://i.imgur.com/yPyb964.gif

  24. i want buy robot but link dont work?

  25. hello. i want buy robot but cant here is erro why? it says.. dear customer we were unable to verify that the information you entered on the order from is vali..

  26. Bought ForexSteam and am inpressed! Great wins with default settings. Took my demo up 11% in the last 3 days. I would like to test the trailing stop function, but I don’t know which settings I should use. Does anyone know how to use the trailing_stop_start and trailing_stop functions? How should I interpret these settings?

    Thanks!

  27. Good one 😉

  28. Forex steam has really been masterful lately. I’ve won my last 6 trades in a row. I really like the way that it’s effectively reading the markets.

    You can see my results this month here: http://i.imgur.com/spkH4Aj.jpg?1

  29. Forex Steam is really doing well for me. I decided to start using trailing stop last month and since I’ve gained $2800 with over 20 straight wins. I approve!

  30. Hi, I have purchased this robot yesterday. But I found my trade didn’t match yours in MT4LIVE.COM
    My ea open 4 trades since yesterday, but yours didn’t open any trade.
    I use Light V8 and default set.
    Why?

  31. I use the default setting of light V8

  32. I purchased Forex Steam 12 days ago, but is not working properly. It is making 1 trade per day or even 2 days.
    What could be the problem? My broker is FXCM UK.

  33. thx Admin, problem resolved, First trade lost 20 pips hit retrace but I’m glad cause my result exactly 100% match with forex steam site result, I just go ahead straight to live account ECN only different I paid commission,

    Thx again

  34. can you put the robot to only trade long?

  35. Thanks for showing me Steam. I’ve doubled my account in the last two months despite a couple of bumps in the road.

  36. Hi admin

    Pls could you help me in the installation process on mt4. The areas I am told to put certain files are not available on my mt4. Like putting the bank holiday file in experts/files folder. My mt4 has no such file

  37. Dear Admin

    bought v8 on April 23, tried run on my VPS, 1 for Demo non ECN acct and another live ECN, I was register ID account both of them, tried to test on Demo first but acces denied, checck on forex steam site I can not find any make sure my ID registered, How check my ID really fully registred ? pls advice thx

    PS: My VPS London network, I live in USA

  38. Hi admin,

    Which one had you use for steam v 8, I was confused, m30, m5, or light m5 ? your result looking good

    thx

  39. Forex Steam is top notch! Took my $1000 account and turned it into $5,000 in 3 months. I hope this continues and I wish you guys all the best here at Forex Robot Nation.

  40. What broker are you using with your Live account?

  41. Steam is very good lately, on a hot streak. I have 15 straight wins right now and the market is trending in the right direction. I can see Steam going on a run that lasts 2-3 months, I’m going to up my deposit to take advantage of this.

  42. Does it work with other broker such as boss capital, redwood , and goption?

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