Last Updated On
Sun Jun 01st, 2014
 
Rating: 4.67/5 (460 vote(s) cast)

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Forex Megadroid is basically an Asian session scalper, due to high effectiveness Pierre and Grace guarantee of their EA, they limited its customization by the trader provided that it tweaks itself whenever the market conditions change without involving any guesswork degree in its performance.

The EA applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), first used by Forex Megadroid, by which unlike other EAs, it places trades that seeks the future rather than holding forecasts guided by the past trades. Forex trading technology has evolved stunningly and while other programs are still using extinct strategies, Forex Megadroid has been gathering those technology advancements.

Forex Megadroid resets its algorithm according to the current market conditions insuring your profits and minimizing your losses. The algorithm will help you not to fight that bad feeling when you have four winning trades effaced by a losing one.

Trading Idea
Forex Megadroid is an Asian session scalper, it resets its algorithm according to the current market conditions insuring your profits and minimizing your losses, it applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), it's able to trade without being detected by the broker.
Currency Pairs
EURUSD
Timeframe
H1
Backtests
Available in the Forex Megadroid Review
Live Performance
Available in the Forex Megadroid Review
Last Updated On
Mon May 19th, 2014
 
Rating: 4.68/5 (222 vote(s) cast)

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Omega Trend EA makes use of precise refining of hundreds of trading sessions throughout a whole 12 months period, the EA professional developer team has coded their own data into a powerful prosperous tool that delivers all the time.

They have disclosed 3 simple but effective trading rules that can be used by any trader to enhance his trading performance and benefits:

Trend Spotting

Lots of macro and micro trends are generated in every trading session, these can be transformed into profits. The secret is which trend is the right one to extract pips from its most profitable portion. Omega Trend EA is set to be able to detect a trend close to the movement beginning.

Strategy Diversity

You can't apply a one-size-fits-all strategy in today's currency markets. Minimally you should engage two different strategies benefiting from different market movements types.
Omega Trend EA contains two trend indicators applying specific strategies, giving the EA an enough flexibility to be fit for trading in any market.

Dynamic Entries & Exits

You will often miss many profit opportunities and get unnecessary account drawdown if you depend on static entry and exit points especially if your EA predefine them and not taking volatility as its primary determining factor.
Omega Trend EA has overcome this by tying stop loss, trailing stop, and take profit points dynamically to the market volatility.

Omega Trend EA merges all of the previous three profit strategies in one potent trading system that is perfect in volatile currency markets.

Omega Trend Indicator

Omega Trend EA package includes the powerful Omega Trend Indicator as a separate tool; the one-two punch, traders have been seeking for years.
As Omega Trend EA provides you with up-to-date signals to trade the dominent trend profitably, Omega Trend Indicator is undercover analyzing the market and generating key insights for emerging opportunities.

Trading Idea
Omega Trend EA is designed on well-established rules that enables it to run both in up and down markets. Its core algorithm is based on the fundamental trading truism: Volatility equals profits.
Currency Pairs
GBPUSD, EURUSD, EURJPY
Timeframe
H1
Backtests
Available in the Omega Trend EA Review
Live Performance
Available in the Omega Trend EA Review
Last Updated On
Wed Jan 22nd, 2014
 
Rating: 4.88/5 (432 vote(s) cast)

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The EA implements 3 advanced market domination strategies; a combination of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations and rapid trade execution.

Forex Diamond is designed to trade with 3 proven market domination algorithms packed together:

Secure After-Retracement Strategy

Forex Diamond EA systematically filter and implement profitable trades using its Trend-Retrace Signal Strategy. With self-possession the algorithm applies well scrutinized trading parameters to make profits from the market trend while sheltering your gains.

Secure Counter-trend Strategy

Forex Diamond EA monitors the market for potential trend reversals using its Counter-trend Strategy once an opportunity is at target, Forex Diamond EA sets its trading parameters to maximize the profit from that trade.

This strategy allows profiting even in special market conditions.

Aggressive Counter-trend Scalping Strategy

Forex Diamond EA delicately and rapidly raises executed trades small spread using its Countertrend Scalping Strategy. It can fit even the most volatile markets by fast adjusting your trading parameters through its dynamic trading system.

40+ Recovery Factor

Recovery factor is what determines the EA ability to earn more compared to its losses, simply it equals the pip net profit divided by pip drawdown, for example if an EA earns 20,000 pips with a drawdown of 1,000 pips, then its recovery factor would be (20,000/1,000 = 20) and this is deemed very profitable, and such EA is expected to be using a very good trading strategy.

Forex Diamond EA authors stated that the EA can earns 40x more money than it loses, what means that its recovery factor can reach 40.

However, you always have the choice to run the EA on a single, choose the best couple according to your insight, or let it combine all of them.

You should take in consideration that the results will vary after the size of your account, your distaste to risk, outside market factors, and your overall strategy.

Trading Idea
Forex Diamond EA is a unique integration of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations and rapid trade execution, implementing 3 advanced market domination strategies; secure after-retracement, secure countertrend and aggressive countertrend scalping strategies and designed to trade with 3 proven Forex trading algorithms.
Currency Pairs
GBPUSD and EURUSD are recommended while USDJPY and USDCHF are supported too.
Timeframe
M15
Backtests
Available in the Forex Diamond Review
Live Performance
Available in the Forex Diamond Review
Last Updated On
Sat Jan 11th, 2014
 
Rating: 4.5/5 (445 vote(s) cast)

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Forex Combo System integrates four entirely separated strategies:

  • A scalper strategy that seeks to snatch small market movements. It sets to take profit at 21 pips, but it decidedly early closes the positions if the market doesn't go with it, and this may result in less than 21 pips profit or even a small loss. Its stop loss is at 300 pips that may be appear huge, but it almost never gets hit – the EA usually closes the positions a long distance before getting there.
  • A breakout strategy A breakout strategy based on the "average true range" or ATR indicator. In short, if a price surpasses some given limits a breakout takes place; in many situations, these breakouts continue to move in the same direction as the price. The ATR indicator measures the average range that a currency has during a given period, that is then coupled with the current market data, giving a dynamic upper and lower limit. So, the breakout strategy is dynamically adapts to the market conditions and monitors the starting trends, using a trailing stop for its positions and a take profit target of 500 pips, that is reached occasionally, although the trailing SL tends to close most trades. In contrast to the scalper strategy, the initial stop loss of the breakout strategy is very strict that is 30 pips, typically leading to a big win following several losses in a row, that win more than recoups the losses.
  • A reversal strategy in which a market channel is determined and the price is expected to reverse and start a new trend once it reaches the channel limits. Th stop loss of this strategy is 70 pips and the take profit target is 160 pips, but all the positions going into profit are sporting a trailing stop. This may generate some losses as could be expected, but it also generates some wins, gaining a well positive result after all is completed. You should note that this strategy only operates between 22 and 01 GMT (aka only opens trades).
  • EuroRange Strategy which is a very simple system, during the European session it tries to capture the - rather large - price movements by identifying an existing trend and opening a position - long or short - at 7 AM GMT, with a relatively tight stop loss of about 50 pips for EURUSD and 60 pips for GBPUSD which gets a trailing stop once it start profiting.

Every strategy parameters could be modified, but this is not recommended as they perfectly performs well as they are set.

Trading Idea
As the name suggests, this EA is a collection of several subsystems, four to be clear. The most accurate description that fits it is "four different EAs joined together". The result of such an EA could be considered "Pleasant" as you will discover this yourself after some further reading, It's an easy to use EA and is one of the most solid automated trading systems that I've ever seen.
Currency Pairs
EURUSD, GBPUSD
Timeframe
M15
Backtests
Available in the Forex Combo System Review
Live Performance
Available in the Forex Combo System Review
Last Updated On
Mon Dec 23rd, 2013
 
Rating: 4.89/5 (628 vote(s) cast)

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Trading Idea
Asian session scalping.
Currency Pairs
USDCAD
Timeframe
H1
Backtests
Available in the PipJet Robot Review
Live Performance
Available in the PipJet Robot Review
Last Updated On
Sun Dec 08th, 2013
 
Rating: 4.8/5 (364 vote(s) cast)

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Drive Gold is an uncommon expert advisor trading gold. It launches trading by opening two positions, one long and one short. Then more positions are included in the predominating trend direction whenever a movement of a certain price takes place. This is being ended by closing all the positions once the basket over them has reached a known profit, after that a new turn is launched.

Assuming that the gold price follows a trend is the base idea of Drive Gold trading strategy. If the gold price moves in a slowly increasing range, long and short positions are almost evenly distributed to disallow the close of the basket. A final closure of the basket may requires several weeks or even months till a new trend formation is made.

Trading Idea
Drive Gold is an expert advisor trading gold using the grid basket strategy.
Currency Pairs
XAUUSD, GOLDMI
Timeframe
M30
Backtests
Available in the Drive Gold Review
Live Performance
Available in the Drive Gold Review