Forex ea reviews 2018
The trading strategy of this EA looks exceptionally. It seems like the system uses a specific type of Martingale strategy to achieve profit but Martingale is used quite rarely and only in certain situations. It also looks like the EA uses grid strategy when looking on the chart, but is actually something similar to a dynamic grid, but not a classic grid for sure. Orders are opened according to some special algorithm that analyzes the market instead of just opening pre-set grid orders.
For example, on the screenshot below we can see the latest orders of the EA with the obvious multiplying of the lot size of every next order but the multiplying is much different from the classic Martingale strategy. In the end, the grid closed in profit even though four out of six trades are closed in the loss.
During its trading, Forex inControl EA managed to complete only orders which also confirms developers' statements about the "awaiting" nature of the EA. The approximate average duration of the trades on the Forex inControl EA account varies from less than 1 hour to days. The orders that have been on the market for a longer period in most of the cases ended up being unprofitable as we can see from the tab below.
In short, this feature gives a customer an opportunity to allow the system to determine the situation on the market in which the advisor will safely increase the volume of lots without overstating the risks. More information about this and all other features of Forex inControl EA you can find in the user manual attached when buying the robot or by contacting the developer.
Briefly characterizing this EA considering all that has been said I would describe Forex inControl EA as a stable and reliable Forex robot that's been showing pretty well results of managing its drawdowns and choosing an entering point. It brings sufficient monthly profit, even though it trades not too often.
There is not much detailed information about the trading logic and strategy of the system available but the trading results such as 2. Explaining the final marks of this review I start from the price and quality ratio mark where the Forex inControl EA has got 5 out of 5.
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The price of the EA is totally normal for the quality and reliability of this Forex robot. The system as durable as this one should be marked appropriately.
As I mentioned before it gives us more confidence in the systems algorithm of choosing an entry point, and so I give it 4 out of 5 for this stat. Forex inControl has got a live trading statistic since February of which is enough to say that the EA is durable for the market changes and it trades stably.
So, 5 out of 5 here we have. These results are enough to give this EA 5 out of 5 for this mark.
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And my personal assessment for the Forex Flex EA is quite similar to the objective marks that have already been given. I give Forex inControl 4 out of 5 because I consider the system to be good, stable, and profitable having good results during a long time of trading. I hope this helps you, traders! I wish you profitable trading and luck on the market! Order Statistic Backtests Info Review. R Read detailed review.
Forex inControl Full details Gain Visit the developer's website. Statistics Forex inControl Full - Real. Backtests Accelerator mode backtest results We have developed a new Accelerator mode that allows to get much bigger profit with the same risks during flat periods in the Market. Today, this broker may be called one of the most worthy companies ….
The Aggressive Mode … Read More ». The developer of this indicator says … Read More ».
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Almost all of them are … Read More ». Today, this broker may be called one of the most worthy companies … Read More ». Page 5 of 13 « First Last ». Drawdown: the largest difference between a balance peak and the lowest following bottom as calculated by Myfxbook. Profit amount: the sum of all positive trades return.
Profit factor: the sum of all positive trades divided by the sum of all negative trades, if below 1 this means that the robot is not currently profitable which should also be recognizable from the other stats. Pips: the sum of all pips realized by all the closed trades, not including the floating pips count that might be the result of any open trade.
Total Trades: the sum of all trades, won and lost. Balance chart: a small thumbnail image for the account balance chart, you can navigate to Myfxbook live page by clicking this chart image. This table will include live performance data for more Forex robots with no limits, while you will have to do your best to pick up the most suitable system for your trading style. Talk about Top Forex Robots. Comment Using Comment. Show Comments. Sinbunny Keo Fri Apr 26 th , Reply Using Reply.
Edward Clent Fri Nov 23 rd , It seems the manhattan FX EA is one of the better ones, but the review is old John Sonny Thu Aug 17 th , Hi, how do these results relate to broker fees? Must i use the brokers mentioned above or can i use my own broker? MyFxBots Fri Feb 23 rd , Broker Fees are counted and calculated within these result of course.
However you can use your own broker! Gert Scott Sun Oct 16 th , What is the best settings to use. The most stable with the highest winning percentage? Which pairs, time period,indicators, etc? For which Forex robot? Suneet Sharma Sat Jul 16 th , I am very interested in online Forex trading for the first time. I have been searching for a really good Forex Robot because I know nothing about technical.
Although I am open to reasonable risk however I do not want to loose money for nothing. Any suggestion for a really good Forex Robot, that is easy to operate and works all by itself so that I do not have to do anything in decision making? Any suggestions about do's.
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Almost all of the reviewed Forex robots here are for beginners and are newbie traders friendly. They are currently offering price discounts on their EAs! FxAutomater group are highly experienced Forex System Developers with good reputation! Abdelrhman Sabry Mon Jul 11 th , Hi; Are you tested Swing Trader Pro , because as i have readed about it ,telling there is no money loss , all tradings are profit!
MyFxBots Wed May 18 th , You should never expect identical results on your account as those shown in the 3 rd parties verified statements, many reasons stand against that, while nealy similar results are possible. Swing Trader PRO is a manual system, so it primarily depends on the human trader, when to follow its recommendations and when not to! This will make difference between a familiar Swing Trader PRO user with enough experience and a new user that will need some time to deal with it successfully.
On the contrary, it's so beginner friendly Forex robot, but usage experience is so important and will make difference! Dear Sir ; Thanks for reply ,Are the above mentioned trading software just depending of drawing some general trend or basically depend in comprehensive calculation including in-side of the ea , and what are this principles?? Best Regards.
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Whizz Ashly Sun Oct 9 th , What about mql. Is it good? Hi; Can you advice me about Black Diamond Trader vr. MyFxBots Tue May 17 th , We are trying hard to expand our reviews about the best profitable Forex robots in the market and add new ones periodically to this website. Each review requires time and effort to be introduced as a satisfying informative resource. Many Forex robots are currently on our schedule and we can publish a review at once every certain period of time according to many factors related to the review and the Forex robot itself.
Unfortunately, we can not add reviews on individual request basis, but we can promise to put the requests on schedule! As we didn't test Black Diamond Trader vr.