Profit trader ea is a new Forex robot that claims to be providing nearly 15% of profit a month. The developers of the system believes that the software can generate stable profit in any market conditions without involving human emotions.
Today I’ll be taking a look at the software and letting the Forex robot nation readers understand if this is the EA for them.
Profit Trader EA Review
The profit Trader EA trades on the EURUSD and GBPUSD pairs on the five minute time frame. The developers have provided us with one MT4i account that is been running for about 36 days. In this period of time there is been a weekly return of 3.4% and a monthly return of nearly 15%. Obviously by the time you read this review these numbers may have changed but it is certainly something worth stating at this point in time.
The profit Trader EA doesn’t look to be a scalper as it winds trades from anywhere between 30 to 50 pips with 30 being the most common occurrence. Losing trades range from one PIP to 100 which is a large range but obviously they have some sort of a trailing measures here to try and limit the losses. The software takes anywhere between 5 to 7 trades per day so it is a very active system which is something a lot of Forex robot traders are interested in.
With only 36 days of history it is really hard for me to judge the profit Trader EA because I’m more of a long-term trader. That means I like to set goals of 1 to 2 years and then try to hit those expectations. This includes the use of Forex robots with large histories that allow me to approach my trading this way.
I’m not going to give the profit trader EA the Forex robot nation seal of approval today but what I will do is continue to watch over the system and see if it continues to provide profits around 15% per month. If the software continues to find success like this over the next 2 to 3 months then I will certainly consider investing some money with these developers. If you something you would like to contribute to this post please leave your comments below the article. If you are just looking for general help Forex then you can go to the contact page at the top right of the website and send me an email. Take care.