Last Updated On
Tue Feb 02nd, 2016
 
Rating: 4.7/5 (96 vote(s) cast)

EA Full Review

Virtual Take Profit System

  • It's a horizontal TP line used by the EA to close orders.
  • This line is recalculated every time the EA starts an order series either automatically or manually.
  • When the price comes close to the TP line with a preset distance defined as Tral_Start, the line color is changed to the Tral_Color and the EA is triggered to trail profits of all the series.
  • Tral_Size is another preset value which limits the TP line following the price when it moves in the right direction, but when it doesn't and reverses, the series will be closed at the TP level.

Benefit EA can trade on more than just Currency Pairs, it can trade CFD ang Metals too.

It includes a multiple strategy trading system in different market conditions, so it can trade in a trend and flat markets, on pullbacks during market correction and as a scalper!

It also has a powerful protection system against balance loss that minimizes the risks!

It quietly tolerate temporary disconnection.

Trading Idea
Benefit EA automatically sets TP on a minimum number of points of the price without being discovered by the broker until all trades are closed with the ability to open the next series order manually then the EA will calculate the potentially profitable TP for the entire series and continue to work according to its core algorithm.
Currency Pairs
EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD and GBPUSD
Timeframe
M1, M5 and M15
Backtests
Available in the Benefit EA Review
Live Performance
Available in the Benefit EA Review
Last Updated On
Wed Dec 09th, 2015
 
Rating: 3.89/5 (56 vote(s) cast)

Official Website  EA Full Review

Why Scalp Trader PRO Wins While Other Scalpers Lose?

  1. Trading Frequency: It's well known that many scalpers are high frequency trading robots, and this can cause a loss of control and expose the account to high risk, Scalp Trader PRO maintains a safe and controlled trading frequency.
  2. Profit Lock Algorithm: Scalp Trader PRO uses this unique algorithm to prevent turning winning trades into losing ones, its composed of certain indicators and calculation to determine the most suitable times to lock in profits.
  3. Sophisticated Exit Technology: Some scalpers have no stop loss or too high stop loss. A prophylactic realistic Stop Loss is set by the Scalp Trader PRO but never applied before the earlier more profitable exit chances. 
  4. Minor Slippage Problem: Many scalpers trade stop loss and take profit are very tight and this leads the system to succumb to minor slippage by the broker that slips the trades or has too high spreads turning the trades that should be profitable into losing trades, Scalp Trader PRO trade exits are high enough not to cause that problem.
  5. Controlled Trading Environment: Scalp Trader PRO trades only during specific volatilities, conditions and price action positions, NEVER randomly but based on precise calculations to determine entries and exits.

Trading Idea
Scalp Trader PRO monitors and detects trends on the MT4 chart using moving averages, price action, and some other powerful tools ignoring weak trends and looking only for the strong ones.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Currency Pairs
EUR/USD
Timeframe
M15
Backtests
Available in the Scalp Trader PRO Review
Live Performance
Available in the Scalp Trader PRO Review
Last Updated On
Thu Dec 03rd, 2015
 
Rating: 3.8/5 (144 vote(s) cast)

EA Full Review

Many trading strategies are involved in the EA, StopLoss and maximal risk is always set for every trade. An advanced Risk / Reward analyzer system precisely determines opportunities and lot sizes before opening trades.

high spread observation system that attempts to cancels all pending orders if the spread widens is also included.

Beside that, balance defense and money management systems are also included.

Trading Idea
Forex Steroid is a breakout and trend detecting trader searching all the time for market's exploitable opportunities by the use of its unique adaptive trading logic to make as much profits as it can from them.
No martingale, grid, averaging or arbitrage tactics are involved. Its trading frequency average is about 4-5 trades a day.
Currency Pairs
EUR/USD
Timeframe
M1
Backtests
Available in the SteroidFX Review
Live Performance
Available in the SteroidFX Review
Last Updated On
Fri Oct 09th, 2015
 
Rating: 4.72/5 (198 vote(s) cast)

Official Website  EA Full Review

Trading Idea
It employs a micro channel breakout strategy and scans the lower timeframes, so once a breakout occurs, the robot automatically opens a trade with a 200 pip SL and carefully manages it until its closure on average win of 11 pips or average loss of 21 pips. The EA sends its trading signals via a MySQL database.
Channel Trader PRO not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Currency Pairs
AUD/USD, EUR/JPY, AUD/CAD
Timeframe
All
Backtests
Available in the Channel Trader PRO Review
Live Performance
Available in the Channel Trader PRO Review
Last Updated On
Mon Oct 05th, 2015
 
Rating: 4.61/5 (169 vote(s) cast)

Official Website  EA Full Review

The whole strategy is up to date with the latest developments included. The working core of this Forex robot is market resistance levels based. Over the past years Everex Elite trader / coder team have successfully developed a continuously adaptive StopLoss system that required statistics generation and in depth analysis aided by various advanced mathematical software applications. Another scientific approach was mathematical connections search in the Forex market data dynamics and analyzing them depending on a variety of new generation mathematical researches like Neural Networks, Reinforcement Learning, Support Vector Machines and many others.

Generally, Everex Elite is in trade only for 30 seconds, an enough period for its intelligent StopLoss system to analyze, evaluate and react to all market movements to generate the required data to modify the StopLoss value about 20-30 times during every trade. This all grants the ability of Everex Elite to be constantly profitable in the previous 6 years.

Trading Idea
It opens positions on major support / resistance levels, and manages them with an intelligent and adaptive StopLoss system. No martingale, no grid, only in trades for less than a minute!
Currency Pairs
EURUSD, GBPUSD
Timeframe
H1
Backtests
Available in the Everex Elite Review
Live Performance
Available in the Everex Elite Review
Last Updated On
Sun Oct 04th, 2015
 
Rating: 4.08/5 (50 vote(s) cast)

Official Website  EA Full Review

The breakout trading style of Goldbull PRO is not a new concept, it's been used by top professional traders for years for its characteristic large profits.

A breakout is the point where the market price starts to break away or exit the current trading range which is determined by a high and a low price for a certain period of time.

The accepted market concept "Buy Low, Sell High" is risky and has no role here, instead "Buy High, Sell Higher" in a bull market and "Sell Low, Buy Back Lower" in a bear market are the accepted concepts for Forex market breakout trading.

Unlike other trading systems, breakout style systems don't wait for market reversal which may delay for weeks or months or even years in some markets to enter, but it join a market trend in motion which is more likely to continue than a market reverse.

Goldbull PRO is an intelligent fully automated breakout system always uses StopLoss and carefully manages every trade with built in money management system!

Trading Idea
It's a breakout trading system that calculates entry points according to the market trend support / resistance levels detection and analysis, it applies no martingale, no grid and no arbitrage trading
Currency Pairs
EUR/USD, GBP/USD, USD/JPY for the PRO and PRO Family versions and EUR/USD only for the basic Goldbull version
Timeframe
H1
Backtests
Available in the Goldbull PRO Review
Live Performance
Available in the Goldbull PRO Review
Last Updated On
Sat Sep 26th, 2015
 
Rating: 4.01/5 (131 vote(s) cast)

Official Website  EA Blog & News  EA Full Review

Trading more pairs recovers from the fact that an accurate Forex strategy trades less frequently, so Swing Trader PRO achieves both accuracy in trading and high frequency trading (through trading more pairs) that generates more trade opportunities with more pips gained and profits increase.

Unlike most traders who prefer trading lower timeframes as M15, M30 and H1, trading higher timeframes as H4, and the DAILY gives you a more generalized view over the market behavior which gives you the ability to squeeze the most pips out od every trade.

After you open a trade following the system notifications, you'll need to provide it with the stop loss, take profit, and optionally trailing stop which are suggested by the system too, then the trading platform will manage the trades for you.

The dynamic risk vs reward ratio system included in Swing Trader PRO is based on the the linear regression calculations and depends on certain levels positions as there is no exact identifiable balance to risk vs reward, this aims finally to make more money than losing (maximize generated pips and minimize drawdown).

Generally, Swing Trader PRO will put the risk somewhere between half and equal to the reward, it's most reasonable to be 1:1 or even 5:1 risk:reward ratio.

System Alerts, Notifications and Trade Verification

  • Sound and box alert for the pair with a trade opportunity, so no need to watch over the 27 currency pair charts.
  • On screen arrow notification of the forming trade opportunity with entry point, stop loss, take profit, and trailing stop suggestion.
  • More few simple confirmations to verify the trade signal validity significantly increasing the win rate.

Trading Idea
Based on a special statistics concept, Swing Trader PRO keeps a linear model track of trading price action, what's called Linear Regression that determines the price action bouncing range and its flowing direction. This is very similar to trend trading, but much more sophisticated, and highly precise.
Currency Pairs
27 different currency pairs (see Live Performance Statement)
Timeframe
H4, D1
Backtests
Available in the Swing Trader PRO Review
Live Performance
Available in the Swing Trader PRO Review
Last Updated On
Thu Sep 24th, 2015
 
Rating: 4.24/5 (64 vote(s) cast)

Official Website  EA Full Review

The robot doesn't apply any martingale or grid strategy; the misleading tactics that could grow your account rapidly but later it'll be destroyed completely. REV Trader PRO profits from the market volatility regardless of its direction, up or down, it just rides the wave.

It's not even a scalper, protecting your money from losses by commission, spread, slippage, and broker sensitivities.

Although it comes with a powerful set of controls to refine and adjust its performance, all are preset to extremely excellent default settings.

Trade Reversal Detection Technology

It allows the robot to detect the market potential reversals with high accuracy.

False Signal Detection Technology

It allows the robot to detect and avoid false trading signals and works in conjugation with the trade reversal detection technology adding an extra level of safety.

As wes clarified, REV Trader PRO, its entire strategy, analysis and tactics all run on H1 timeframe.

Once a potential winner signal is detected by the robot proper identification of the market pattens, all the systems do their checks on that signal.

One final confirmation is performed by internal switching to the the Daily chart and re-analyze to track the direction of the trend and compare it to the acquired signal on the H1 timeframe.

If there is matching between the analysis results, the trade is performed, if not, the trade is considered false, as the daily charts clears out the short term market impurities and make its general direction more obvious.

If a signal on the H1 chart appears to be a loser one while on the daily is in favor to it, its highly probable will recover in the profitable direction.

Account Risk Management

Through it you can preset a risk percent which you'd like to oppose your account to depending on its equity.

Trade Operation Management

It's more important than opening a trade, to select the best timing for its closure. This is a build-in dynamic trade management system that locks in profits to enhance your account growth and make this growth smoother.

Trading Idea
This is not a martingale or a grid strategy based robot. It monitors the vertical pattern swings and determines the highs and lows and uses the data to make an entry on the reversal of market movement. It employs a built-in unique brilliant filters to detect false trade signals.
It trades in baskets of up to 3 orders with won:lost pips per trade ratio of almost 1:1 and it exits using a trailing stop.
Currency Pairs
AUDUSD, GBPUSD, EURUSD, and NZDUSD
Timeframe
H1
Backtests
Available in the REV Trader PRO Review
Live Performance
Available in the REV Trader PRO Review