Forex Real Profit EA Review Introduction

Forex Real Profit EA is a scalper mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.

Trading Idea

A scalper EA mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.
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NFA compliance

Yes (special setting).

License

1 live account + unlimited demo accounts for One Year (Extra live Account will cost $99 / year for each)

Refund policy

30 days.

Compatible Brokers

All including ECN brokers which are the recommended as IC Markets, Tickmill, or Alpari. It operates with 4 and 5 digits after the decimal point, even with micro lots.

Currency Deposit

Any

Supported Currency Pairs

EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/USD, GBP/CHF, GBP/USD, USD/CAD, USD/CHF, USD/JPY

MetaTrader Chart Timeframe

M15

Live Performance Results

More than 60 months of third party (MyfxBook) verified trading results using real money accounts only:

Settings
Default Settings
Started On
Jun 05, 2013
Leverage
1:500
Broker
IC Markets
Starting Balance
$2,639.00
Settings
Default Settings
Started On
Dec 11, 2013
Leverage
1:500
Broker
IC Markets
Starting Balance
$3,534.53
Settings
High risk
Started On
Apr 15, 2010
Leverage
1:50
Broker
MB Trading
Starting Balance
$3,657.51

Historical Data Backtests

EA Analyzer: All the 10 currencies with all the 5 strategies used; FRPEAv6.20, Defaultt settings

Testing results (using all of the 10 currencies combined:
Total positions = 15.871 trades ; Total pips lost = 97.140 pips ; Total pips won = 145.938 pips ; Net gain = 48.798 pips ; Winner (%) = 71,33 (%) ; Loser (%) = 28,67 (%) ; Profit Factor = 1,50 ; Average win = 12,89 pips ; Average loss = 21,34 pips ; Max DD = 906 pips (21,14% of the account, with default settings) ; Average time/trade = 2.75 hours.

EA Analyzer: All the 10 currencies with all the 5 strategies used; FRPEAv6.20, Defaultt settings

Trading Strategy

Forex Real Profit EA uses 5 different strategies, 2 for Asian session scalping, 2 for all the day trend scalping and one breakout strategy.

It generates dynamic Stop Loss and Take Profit with high impact news filter and large spread and slippage protection for maximum profitability and minimum risk.

It employs optional (according to user desire) money management or fixed lots and automatically GMT adjusts the trading time.

It also has an invisible mode for protection from non-ECN brokers not to negatively influence the transactions.

It's designed to be compatible to run inline with and parallel to any other Expert Advisor with a special setting option to adjust this capability.

As descried in its official website; at the optimal risk it can generate an average revenue of 30% to 170% per year with re-investing the earned capital along that year.

Last Updated On Sat, 22 Aug 2015

Talk about Forex Real Profit EA

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

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