Last Updated On
Fri Feb 14th, 2014
 
Rating: 4.8/5 (558 vote(s) cast)

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Setting up the EA is so easy, usual meta trader platform is suitable. You integrate it with the robot and in a few steps you'll be ready to go. It can trade with almost any currency pair. Forex Striker can make 8 profitable trades before failing one on average

Forex Striker Robot allows you to join real live trading Forex experts, copy and paste their trades, this is how the EA thinks and adapts, it trades on completely autopilot. Their signals are actually just been shared with the EA trades, and for this they got paid.

In fact you'll get a robot programmed to be able to use the most accurate techniques to make a profit. So it's not just standard EA that keeps trying the same manner for ever till making a success, but this is a totally different robot working under different circumstances.

Trading Idea
A scalping Forex robot, trading on the 5M timeframe, can run on accounts of as less as $500 - $1000, with a risk of only 3% per trade, the robot codes are simplified facilitating the control of memory overloads in the computer which can lead in PC crashes, the robot is able to adjust the trade's SL/TP values according to the market movements, it can also track floating spreads and execute them into the trading strategy.
Currency Pairs
EURUSD, GBPUSD
Timeframe
M15
Backtests
Available in the Forex Striker Review
Live Performance
Available in the Forex Striker Review
Last Updated On
Wed Jan 22nd, 2014
 
Rating: 4.88/5 (434 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 (447 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
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
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