Today we are looking at the ESOX-Pattern Forex EA. This system hit the market in late October 2016 and has garnered some mild attention since. The software is being sold for $149 and is also available via a 7 day trial that cost $14.
We will be providing traders with in-depth analysis and then relying on the Forex community to provide input and insight on how the software has traded since its inception.
ESOX-Pattern Forex EA Review
The first notable elements about the ESOX-Pattern Forex EA sales page, is how poorly it’s put together. The developer of this software is not exactly an avid website designer. It looks like they have taken a word press theme and butchered it quite badly. The product box is equally as disappointing. Yet, we shouldn’t dwell on the aesthetics of this product so let’s take a closer look at what the vendor tells us.
They want us to know that the software will “generate stable profits daily while protecting” traders from losses. All orders are placed automatically so traders can sit back and relax. So essentially, it is a Forex robot.
- Type: Forex Robot
- Price: $149
- Strategy: N/A
- Timeframe: M30
- Pairs: EURUSD, GBPUSD, AUDUSD, USDCHF, USDCAD
The ESOX-Pattern Forex EA strategy is not disclosed by the developer. This is a common occurrence lately and it’s becoming quite annoying. There is no reason why a vendor can’t give us a brief explanation of the logic behind their trading system. We aren’t asking for any secrets here, just a general outline is fine.
There are a handful of reviews for this product, but not too many. There was one scathing report on FPA. We can verify the legitimacy of this claim but feel it’s at least important to provide in case there is some truth to it. Hopefully there is none.
E-SOX Pattern Results
The only trading results we currently have are provided by the The ESOX-Pattern Forex EA team. They are hosted on FX blue, so we cannot fully trust their legitimacy.
The account has been running for hundred and 30 days showing a weekly return of 4.5%. The account does show some pretty impressive numbers with a winning percentage over 70% on 4 out of the 5 pairs and a pretty solid risk to reward ratio. Every once in a while there is a loss larger than the wins but in only one case was it triple the size of the average win.
Before we provide our final analysis we hope that we can hear from the community. If you are real clients and you have a real trading account with the The ESOX-Pattern Forex EA running, please leave a comment below. Thanks for stopping by and please spend some time here on Forex Robot Nation analyzing the latest in Forex robot trends.
I don’t think this one is any good.
I’ve read more negative reviews.