Today I’m looking at an expert advisor built for the Meta Trader 4 platform, dedicated to the simple trading approach, Forex Profit Defender. The developers of the software claim that it’s built “specially for the ordinary Forex trader, but successfully used by many professional traders.” They want their system to appeal to multiple segments of the Forex trading community, that …
Read More »EA Review: Finwe Forex Robot
Today I’m looking at a new automated expert advisor the claims to be generating seven-figure profits on autopilot for their clients, Finwe Forex Robot. According to the sales page, this is a “completely automated underground Forex robot.” Yet, if this is so underground, then why is there normal sales page, and why my reviewing it right now? While this may …
Read More »Robot Review: AlgoTradeSoft’s Innovative EA
Today I’m looking at an exorbitantly priced Forex robot that’s built to take advantage of an adaptive trade management algorithm, AlgoTradeSoft’s Innovative EA. Being sold for nearly $30,000 for a single license, I really don’t see how anyone would purchase the rights to the system. With the price take this high, it’s hard to see the real benefit unless you …
Read More »Robot Review: Bingo Trading EA
Today I’m looking at a new Forex expert advisor that’s built to work on 13 pairs and provide traders with profitable trades, Bingo Trading EA. The entire sales page is essentially just a contact us page, a handful of sentences and one Myfxbook account. It is quite clear, that their entire marketing plan is to promote their one trading account …
Read More »System Review: 4x Pip Snager
Today I’m looking at an older Forex trading system that happened to land in my inbox a couple of days ago, 4x Pip Snager. I received an email from an old Vladimir Ribakov newsletter I must’ve signed up to years ago, and it turns out he’s still promoting a couple of different products. Even though I’m a few years late …
Read More »Robot Review: Cortex EA
Today I’ll be reviewing another fully automated scalper, that looks to trade key levels of the price chart, Cortex EA. This trading software is being offered to traders on the MQL5 marketplace, and is doing everything it can to make a name for itself. The system was just released in mid September, and is currently updated to version 1.7. The …
Read More »FXProSystems Review: Wallstreet Asia EA
Today I’m reviewing a new Forex EA by the FXProSystems development team, Wallstreet Asia EA. This development team has been selling Forex robots for a handful of years, and I recall reviewing a couple of them back in 2013. It’ll be interesting to see how they’ve changed their approach to the markets, and what their take is in this new …
Read More »EA Review: Eagle Scalper
Today I’m reviewing a new Asian session-based expert advisor, Eagle Scalper. Built to trade specifically during Asian hours, this robot is a new scalping system that is optimized to work on the EURAUD pair. It’s a very rare that we see automated trading systems focused on this pair, so I do have some interest right out of the gate due …
Read More »Robot Review: Momentum EA
Today I’m reviewing an automatic price action swing system that utilizes multiple strategies in an effort to be reliable and all market conditions, Momentum EA. In my review I will be analyzing the strategy, the trading results and going over some of the community feedback to see if this is a genuine opportunity to we should be getting excited about. …
Read More »Robot Review: Forex Real Profit EA
Today I am analyzing a new expert advisor the claims to be one of the most reliable automated trading systems ever built, Forex Real Profit EA. Even though this is my first review of the software, it has been on the market for 6 years, it just hasn’t been the center of much attention. That doesn’t necessarily mean that it …
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