Forex Robot Reviewed: 9 Apr 2010
With more EAs out in the market everyday, this EA stands itself out through a portfolio employing different strategies for different market conditions. Great deal of entered trades for their scalping strategy during times when many scalping EA faced spread issues with brokers.
We are taken in for a surprise for one of the parameters the EA has been given and it might appeal to some who are doing manual trading apart from the usual automated trading.
Primeval EA may set most beginner traders back with its large asking price of $500 with the norm of most EAs now at $127. But it seems to us right now that we wouldn’t mind paying that kind of money if it lives up to its expectation of producing that kind of result it claims it to be.
8/10
Forex Robot Reviewed: 23th December 2009
Auto Forex Robot
Fractal 4 EA comprises of a scalping strategy and a channel breakout strategy. It trades a total of two strategies. When market is not volatile, Fractal 4 will employ the scalping strategy where it executes many trades with very small take profit levels. Where market is expected to be volatile, it will trade the channel breakout strategy.
We believe that the system manual should be improved to educate the system user on the various parameters. Several parameters should be introduced to cater for two trading strategies and money management should be simplified to make it easier for end users.
6/10
Last Update: 23th Dec 2009
Auto Forex Robot
Robominer is a grid trading robot. It works in the theory that using prudent money management, no matter what the price went to in its historical operating range, the trader using this strategy will not ever get a margin call. This is achieved by limiting the contract size of the investments to a small percentage of the equity balance.
For investors with small start up capital, it will clearly not be as beneficial to use this system. This is because for one to maximise the full potential of this system, users has to use it over the long term and to start with a considerable amount of capital to reap the full rewards.
7/10
Updated on 1st January 2010
System trades with a very high accuracy. It makes very few trades and this suits beginning traders extremely well as they will not worry about losing trades and learn the basics before moving on to system that have frequent trades.
Recovery settings works very well with this strategy as it makes very high accuracy trades, doubling the risk after a losing trades tends to make back the loss faster. Time spent in a draw-down will be short.
7/10
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