Last Updated On
Sun Nov 24th, 2013
 
Rating: 4.48/5 (259 vote(s) cast)

Official Website  EA Full Review

Although sometimes more than one joint is open, in the same direction, Forex Earth Robot doesn't apply a grid martingale strategy, it incorporates a powerful money management strategy and tends to look for high quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any Mt4 platform no matter what the broker is.

Trading Idea
Forex Earth Robot incorporates a powerful money management strategy and tends to look for high quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any Mt4 platform no matter what the broker is.
Currency Pairs
EUR/USD, GBP/USD
Timeframe
M5
Backtests
Available in the Forex Earth Robot Review
Live Performance
Available in the Forex Earth Robot Review
Last Updated On
Tue Nov 12th, 2013
 
Rating: 4.6/5 (182 vote(s) cast)

Official Website  EA Full Review

The built-in indicators include classics as the RSI and the MACD while the money flow index and Bollinger bands and the Pro version can create grid strategies too. Moreover, there are 6 preset strategies (Light version two, Basic version four). It should be considered that each of the 6 strategies may use a martingale approach in some situations with up to 15 grid levels.

There are 3 main versions of FX-Builder EA:

  • Light: It allows you to build your EA via standard technical indicators that have a verified live trading results over 6 months.
  • Basic: Beside the light version features, based on candlestick patterns, it's able to use price action and bars, it has a verified live trading results over 7 months.
  • Pro: Beside the basic version features, it's able to build grid-based strategies, it has a verified live trading results over 6 months, it comes with over 200 parameters for seven separate indicators plus constraints from the areas money management, stop level management and trading times.

Trading Idea
FX-Builder is more than just an Expert Advisor, it's rally a constructor that gives you the ability to create your own EAs, while as an EA, each version trades using different strategies starting with the use of built in standard technical indicators passing through using candlestick patterns, ending with grid-based strategies.
Currency Pairs
All
Timeframe
All
Backtests
Available in the FX-Builder Review
Live Performance
Available in the FX-Builder Review
Last Updated On
Sat Nov 09th, 2013
 
Rating: 4.8/5 (255 vote(s) cast)

EA Full Review

Applying a Grid strategy, Forex Warrior opened trades in a certain direction; long or short, are gathered together, each of these groups is now a "basket", a market order is the first trade launcher, Forex Warrior then adds new trades to the existing basket using BUY LIMIT/ SELL LIMIT orders, these successive added trades are now the "levels". The Take Profit "TP" value is the same for all the basket trades, so the basket closes completely at once if the price reached this TP, then a new basket is to be opened.

Starting with the third level, new levels are opened with rising lot size in comparison to the preceding one, the real lot size is counted on that of the first level by guided by the user selectable lot multiplier, this enables Forex Warrior to trade in counter-trend regime and make large profits by closing the basket once the price trend started to fall back by the value provided by the TP.

In its core, Forex Warrior remains awake in the market 24/7, making profits from the prices up and down moves, able to combine trading in both short and long directions, why it uniquely maximizes the profits in an active market and attains a hedging effect when there is market trend.

Trading Idea
Forex Warrior is a Grid expert advisor, it remains in the market 24/7 opening long and short positions simultaneously applying a precisely selected martingale-based strategy.
Currency Pairs
GBPUSD
Timeframe
H1
Backtests
Available in the Forex Warrior Review
Live Performance
Available in the Forex Warrior Review
Last Updated On
Sat Nov 09th, 2013
 
Rating: 4.69/5 (332 vote(s) cast)

Official Website  EA Full Review

Trading Idea
Mostly trend-following by using a trailing stop and entries limit orders
Currency Pairs
EURUSD
Timeframe
H4, H1 (two strategies)
Backtests
Available in the Iris Fx Review
Live Performance
Available in the Iris Fx Review
Last Updated On
Fri Oct 18th, 2013
 
Rating: 4.8/5 (904 vote(s) cast)

Official Website  EA Full Review

Trading Idea
Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another. Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another.
Currency Pairs
EUR/USD, USD/JPY, GBP/USD (Each Paire is traded via a separate version of the EA that worth $99)
Timeframe
M1
Backtests
Live Performance