Forex Real Profit EA — reliable scalper
Forex Real Profit EA is using a strategy of scalping is a very reliable and expert advisor. The main advantage of Forex Real Profit EA is that it does not require a large initial deposit and passes backtest since 2007 with a deposit of $ 300. At the same time has a very small maximal drawdown.
Forex Real Profit EA - this trading robot that can do long-term profits with minimal drawdown.
Ñharacteristics of the Forex Real Profit EA
- Type of strategy: Scalping
- Platform: Metatrader4
- Currency pairs: AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY
- Trading Time: Around the clock
- Timeframe: M15
- Recommended broker: Alpari
Backtests of Forex Real Profit EA
Detailed information about working Forex Real Profit EA:
- Forex Real Profit EA works with any broker, recommended ECN.
- The currency used in trade can be any of the currencies that are offered by the broker.
- Forex Real Profit EA can work together with other experts advisors and has special settings for this.
- Forex Real Profit EA automatically adjusts the trading time relative of GMT.
- Forex Real Profit EA has a dynamic Stop Loss and Take Profit.
- Protection from a large spread and slippage.
- Forex advisor works even with micro lots.
Very important! For smooth operation Forex Real Profit EA should use VPS server ? Forex VPS
Forex Scalp EA
Multi-Currency Trading System, Daily Scalping Trading Robot.
Introducing Forex Scalp EA
Forex Scalp EA is a very powerful and profitable forex scalping robot. It is a fully automated forex trading robot that gains much profit in the forex market. It is proved to have a very high performance of making profits in forex markets. Forex Scalp EA is a 100% fully automated trading robot. It can be used even if you have no trading experience, and it’s very simple to install. Forex Scalp EA automatic works on MetaTrader 4 (MT4) platform. It analyses all the forex price data to find the best entry point and the best exit point. Enter quickly and exit quickly to win trading in the forex markets. From the following results, you can see that Forex Scalp EA can trade many currency pairs. You can trade these pairs at the same time and can start with any funds.
Forex Scalp EA Results
The following are the Forex Scalp EA trading results. The deposit is $200, trading from 2010 to 2017. From here you can see the strong winning power of Forex Scalp EA. Click on the chart to get the full trading statements.
$2,092,702 Net Profit
$3,910,944 Net Profit
$4,169,682 Net Profit
$3,944,429 Net Profit
$4,858,742 Net Profit
$5,646,169 Net Profit
How does it work?
Forex Scalp EA automatic works on the MetaTrader 4 (MT4) platform.
Forex Scalp EA is a price action drive scalping robot. Does not depend on any indicator. It analyses all the forex price data to find the best entry point and the best exit point. Enter quickly and exit quickly to win trading in the forex markets.
Forex Scalp EA has a funds management system, can make the money grow in the form of compound interest. It will automatically calculate the lot size of the orders base on the risk value. It also can set a fixed lot size of the orders.
Forex Scalp EA can trade all forex pairs. The best performance is these six forex pairs EURUSD, GBPUSD, USDCHF, EURGBP, EURAUD, and AUDCAD. It uses the same strategy for all pairs. The forward tests are as well as the test results. Forex Scalp EA takes one trade at a time per pair. Use a Fixed Stop Loss and Take Profit.
Forex Scalp EA also has a built-in dynamic closing mechanism. It can close the bad orders as early as possible before the price hit the Stop Loss line, which can reduce your loss. On the other hand, when the orders have profits, it will close the orders to get the biggest floating profit as the fastest speed when the market may have the adverse environment.
Forex Scalp EA does not require hedging. It is compatible with FIFO, the leverage only needs more than 1:20, so it is friendly with USA brokers and low leverage brokers. No Martingale No Grid. No minimum deposit required, can start with any funds.
Forex Scalp EA works just like the following.
How about in real account?
Yes, of course, the Forex Scalp EA works perfectly in the real account as well as the test results.
Now it can be verified from the following results.
It works in full accordance with the logic and strategy of the EA designed to gain profits with a high rate of success.
It takes one trade at a time per pair with a fixed Stop Loss and Take Profit. It also has a built-in dynamic closing mechanism.
Results On Real Account.
Live Performance is verified by Myfxbook.
How to use?
It is very easy to start with the Forex Scalp EA. Only need to download the Forex Scalp EA and install it on your MetaTrader 4 platform. Reference the user manual. It is simple to install. And we’re always here to help you. Free lifetime updates. No additional costs. One time payment the Forex Scalp EA will work for you forever. It’s time to get the Forex Scalp EA right now!
Good day! Very happy! This is really a fully automated trading robot. No need to spend much time on the trading. I am also satisfied with the profit. I have more time to do my things and enjoy life now. Thank you very much! Paulus
Hey: This is a good robot. Thanks. The profit is great and the risk is very low. The win rate is high and the stop-loss pips are tiny. I like it very much. Thanks again. Gustavo
Dear Team: Thanks for your support. It works well on my account now. I trade the six currency pairs at the same time with 200usd in my account. Ralf
Dear Sirs, I used the automatic lots size management parameter. When I got the profit, my lots size also increased automatically, which helped me to get more profits. The important thing is that it’s all automatic. I’m very happy. Cheers, RAUL
Hurry! Lowest Price Ever Ends Soon
Lucky you. This robot is on sale for its lowest price ever.
When the timer runs out the price goes back up!
The best forex robot. Period.
The best forex robot 2018 (Updated)
Well to determine the best forex robot 2018 we would have to get a bit further into the year than this, it only being January 2018 at the time of this post. What we can do is tell you what Forex Scalping Robot has for release in 2018. We went through a turbulent year when it comes to scalping in 2016, the first half was absolute magic with some of the best results I have ever seen. In the first 6 months we netted 421% on one of our more aggressive smaller accounts. That is insane ! The market brought us back to earth as it so often does with break even over the last four months of 2016. Still a great year in all. What the last part of 2016 allowed us to do is improve our forex robot even further by analysing the change in market conditions we were able to come up with a new piece of Artificial Intelligence which will allow us to take advantage of those market conditions should they occur again.
What is new in FSR for 2018 ?
As you should never really tinker with a winning recipe, we have only added a few small improvements:
- Accelerated Trailing Stop – This allows our forex robot to trail per tick and also accelerate should there be a spike while in trade mode. This works wonderfully well already, we will add a few updates during the year to optimize this new setting.
- Hunting Take Profit – If you are in X amount of profit the Take Profit will start moving towards the market price. This allows “trailing”from both a SL and TP perspective. We have been able to squeeze out a few extra pips using this method.
- Condition Sensor – We have identified 3 main market conditions in which the current market moves and cycles. Our sensor is able to identify the current market condition and use optimized settings for each. This is the piece of AI we have added, had we used this from the beginning of 2016 our equity curve would have been a lot better towards the latter part of the year.
Best forex broker for scalping 2018
To get the most out of the best forex robot 2017 you will have to use the right broker. Not enough stress can be placed on the importance of the broker. It is the difference between success and failure. In our development we tested over 50 metatrader 4 brokers and the best broker for scalping is TradeView Forex by a long shot. They have representatives in most countries, their spreads are amazing and most important of all is that scalping works with them. So to get the best forex robot 2017 to work, pair it with the best scalping broker.
Would you like to test the best forex robot 2018 for free?
Ok, so I know how dodgy the forex robot market is and I also know that everyone claims that their robot is the best, so how can I prove we are the real deal without you risking paying me first? We have put together a deal for scepic clients ( as we hope all our clients are ). We will provide you with the latest version of Forex Scalping Robot for free for 3 months. If you have made enough money to buy FSR after the 3 months you purchase it with the profits you have made. If not, you simply stop using it ( which you won’t ?? ) There are of course certain conditions for this deal, as we take the risk, we need the following :
- Only valid for Tradeview Forex through a special account we have negotiated.
- Min deposit $1000
- You can stop at any time.
- You need a VPS – we can provide a list of suppliers.
The account will be in your name and we will have no access to your money or records. The forex robot license will automatically expire after 3 months, if you want to continue using it after this ( which you will ) you have to purchase the robot from us.
Current user base
We currently service 823 clients ( paid and 3 month testing ) and try our best to provide the best service in the industry. If you require help with setup we can assist you remotely. If you have any questions you can connect to our Skype Page for a chat.
Don’t delay this, get the best forex robot 2018 for free today.
Best wishes for 2018 – Mark Zen
Forex Scalping Robot 6.0 (Updated 2018)
So we are finally launching forex scalping robot 6.0 in December 2018. I still believe that forex scalping is nearly impossible in the long run when trading currencies manually. Automated forex scalping is the only way to scalp and the only way to trade for that matter. We have tested various forex trading strategies over the last 5 years and it has always proven to be scalpers who came out tops.
Forex Scalping Robot 6.0 – What is new?
We saw quite a volatile year last year. This can be seen when backtesting Forex Scalping Robot 3.0. Great start to the year and then, just to bring us back to earth, a miserable last quarter. Yes, we ended up in profit but that’s not what we are striving for. We want a consistent robot which has an amazing equity curve and we will achieve it. Although we are not after a massive amount of pips, we like to maximise the pip value and that is really where our profit comes from. We have had to make several changes to our forex scalping robot, so much so that we have jumped from ver 3.0 to ver 8.0 in a matter of 3 months. Here the new goodies :
Hunting Profit : The opposite of a Trailing Stop
Accelerated Trailing Stop : Tick Trailing with the option of acceleration beyond x pips.
Reverse Trades : Takes advantage of the pullback after a spike.
Market Recognition : Recognizes different market conditions and applies different parameter inputs.
The major issue with the artificial intelligence (market recognition) is that it limits backtesting capability which is a must for many prospective clients. We will add this feature in ver 9.0 which will probably be released around June this year. We cannot wait for you to join our community of successful forex scalpers !
Download FSR today and start testing !
Is Forex Scalping illegal ?
Is forex scalping illegal? This is a question I get asked very often. You would often find brokers that say you cannot use scalping as your trading strategy on certain accounts. You also find some brokers that use this as an excuse not to pay you out when you request a withdrawal. Scalping in itself is not illegal, there are types of scalping not permitted at all and different forex brokers do have different policies on scalping. Make sure with your broker before opening a live account.
Forex Scalping Illegal Practices
When I say illegal in this sense I use the term quite loosely. There are some scalping strategies that are frowned upon and take a shape similar to card counting in casinos. There are 2 strategies which most brokers will not tolerate.
- Arbitrage – this is a method whereby a trader ( known as an arbitrageur ) compares pricing mismatches from 2 or more brokers and takes advantage of this. In most cases the price mismatch would happen due to a delay in the data feed of one of the brokers. If the broker can prove that you are using this method then they will not pay your profits. To find out more about arbitrage and to see how it works : http://www.forexbrokerz.com/forex-arbitrage this method, according to many brokers, makes forex scalping illegal.
- Churning – this method is used by introducing brokers (people who introduce clients to a forex broker and get paid for every trade that the client enters). Churning is entering into hundreds of trades every minute to get the maximum commission out of a forex broker. The goal is never to grow the actual trading account but rather to make commission which is higher than the original trading deposit thus resulting in a net profit. Using this method also makes forex scalping illegal according to brokers.
So is forex scalping illegal ? The answer is NO , there are methods which incorporate scalping which are not allowed by forex brokers but this does not make scalping illegal. Before opening a live account with a forex broker ask them whether or not scalping is allowed, most brokers nowadays do allow forex scalping.
What is a forex robot?
So what exactly is a forex robot ? A forex robot, also known as an expert advisor or EA, is software that either fully or partly automates trading on the currency market. The type of software depends on the trading application that is used. The most popular platform to use with forex robots is the Metatrader 4 platform from Metaquotes. If you have basic coding knowledge it is actually very simple to write your own trading robot. The key of course is understanding how the forex market works and how the platform integrates with the market.
How do I get my own forex robot ?
Firs of all you need to come up with a trading strategy i.e. A set of rules that determine when you will buy and when you will sell. If you have a strategy it can be automated through coding thus producing a forex robot. You may think that this is only true for people who can code, luckily this is not the case and that is because there are hundreds of great coders that specialize in coding robots and their fees are often very reasonable. If you would like to go this route or just find out more I would recommend going to https://www.xpworx.com this is a company with vast experience and very reasonable pricing.
Are forex robots risky ?
You may have heard people saying forex robots are risky, the fact is that it depends on the robot. 94% of all hedge fund trading is done through the use of robots / EAs. If they were not effective why would the “big boys”use them? The second point is that any trading strategy that can be manually traded can be automated and this means that if there are successful traders out there, there has to be successful robots. Having said that, if you do not understand the way a robot works you should never trade it on a live account. Take your time to test the robot and find out how the risk management system in the expert advisor works. The risk management system determines how much of your capital is at risk for every single trade. So to answer the question “Are forex robots risky? ” – They can be risky if you use the wrong ones and do not understand the settings.
Are there any commercial forex robots that work ?
The vast majority of commercial forex robots that cost between $49 – $249 are absolute rubbish. There are a few exceptions like our own Forex Scalping Robot, but it is difficult to determine which are good and which not as they all look pretty much the same at face value. Here are a few pointers when looking at buying a forex robot :
- Make sure there is a free trial – If it works why would there be no free trial ?
- Test it on both a demo and live account and compare the results.
- Your broker is key, do some research and choose the correct metatrader 4 broker.
- Make sure that there is a warranty ( at least 60 days )
- Do not trust “verified” results, these can always be manipulated.
Forex Robot – Top 5 List
Well remember that we sell our own forex robot and will be totally biased here, our robot is the best regardless of it being us saying so but if you want to test or compare it with the others on the list to make sure we invite you to do so.
These are all great forex robots and should be in any trader’s toolbox. It is very important to use conservative settings when using different expert advisors on the same account. If you run more than one forex robot on your mt4 account they should be differentiated by identification codes known as magic numbers. This allows the EAs to function independently on the same account without interfering with one another.
The best way to truly test these automated systems is to open a small trading account of between $200 – $500 and then testing all the robots at the same time. The key is to use a small lot size, preferably 0.01 lots per trade. Do your testing for at least 2 months to determine which of these strategies combined work the best. You may find that one forex robot out trades all the others by a large margin, you can keep that robot and use it exclusively for all trades.
The ideal scenario however is to find different forex robots which compliment each other. This allows you to spread the risk over different strategies which should in theory give you a smoother equity curve with lower draw down. The absolute largest factor is patience, have patience when testing a forex robot as it may seem really good over 5 trades but is terrible over the long run and conversely the expert advisor may seem terrible over 5 trades but is fantastic in the long run. Be patient while researching and testing and you are bound to find the best forex robot.
Auto Trading – The only way to be successful in Forex
Auto trading was introduced pretty early on in the forex market especially with the MetaTrader 4 platform. We have seen many auto trading applications developed over the last 10 years or so the biggest of which : Mirror Trader , Zulu Trade , MyFxbook and more recently the MQL5 community. These were all developed because traders noticed that 1. It is difficult to trade 2. Automated systems are more accurate than humans 3. You cannot sit in front of your screen and watch the market all day.
Auto Trading Statistics
It is estimated that over 75% of all traders use some sort of auto trading system, this includes expert advisors and copy trade services as the ones shown above. Further 93% of successful traders use automated trading tools. There is a common misconception that forex robots / ea s / expert advisors are risky. Your typical $99 forex robot is usually risky but this is because it is not a proper auto trading system. Any system that can be manually traded can be automated. The automated version will outperform the human counterpart in the majority of situations.
Copy Trading or Forex Robots ?
People are devided on this. For me it is obvious that good forex robots still have the advantage. Copy trading platforms suffer from 2 big problems which directly affect each other: Latency and Slippage. Latency is the amount of time it takes to copy the trade to your account, there is always a delay. Slippage is the difference in price where your order is opened versus the price that is opened on the account you are copying. For some strategies this is not a major issue but for the best trading strategies namely scalpers this is an absolute killer.
Scalping strategies take advantage of small quick movements in the market, therefore the timing is crucial and there cannot be any delays. the only way to successfully auto trade these strategies is by attaching an expert advisor directly to your metatrader 4 account. There is still slippage involved but with the right VPS there is limited latency. There currently is no way to get the latency on a copy trader low enough to be able to employ scalping on the auto trading platforms.
To make sure you understand the difference between auto trading platforms and forex robots I suggest you open 2 small accounts and try out each option on an account. You will quickly be able to see whether you prefer forex robots or auto trading applications.
The Best Forex EA
The best forex EA s over the last 5 years have all had one thing in common, they have been scalpers. Some have been dangeous employing very risky methods such as grid and martingale strategies. Why are scalping strategies so much more popular than other strategies amongst big hitters? Well the answer is simple. 1. It is more exciting than other forms of trading. 2. It is less risky …. yes I said LESS risky, we will get back to this later. 3. It is more profitable due to high volumes. 4. It is less stressful as a trade never stays in the market for a long time which means virtually zero draw down.
How do you test for the best forex EA ?
You need to test several things when looking at an expert advisor. We will list them below for a better organized description.
- Backtesting – You need to start off by testing the expert advisor against historical data.
- Demo Testing – Once you have passed the backtest you need to run a forward test on a demo account.
- Live Testing – The best forex ea will only truly show itself on a live account, use a small account at first.
- Broker Testing – Test whether the broker has slippage, this can be done with this tool : Click to see.
- Weekly optimization – As the market changes you need to change the settings on your EA. The only way to do this properly is by back testing your strategy with tick data and optimizing it every week. If you do this the market should not “out run”you.
To find the best forex ea you will have to test tens, even hundreds perhaps but the good ones are out there, how do we know this? Just have a look at all the copy trade services. Some of those guys have insane results. They are not manually trading I can promise you that. All the real successful traders nowadays are using expert advisors and the more you test the closer you will get to discovering the best forex ea in the world.
Best Forex Robot – The top 3 List
by forexscalpingrobot | Oct 23, 2016 | Forex Robots | 0 Comments
The best forex robot ever made …. is there one holy grail? Well the answer is …. YES !, but you will never lay your hands on it as the robots that are holy grails go straight to banks and hedge funds. So lets rephrase the question: Is there a forex robot for retail traders that can actually make a difference to your life. The honest answer is that we are getting there. I remember purchasing the my first forex ea which was Forex Auto Pilot. The idea of a robot trading for you while you sleep was amazing, I bought into it and of course lost all my money. The site is still up ( to my surprise ) , here it is : http://www.forex-autopilot.com/
What is the best forex robot currently ?
Well this of course is a debatable topic, however I am going to attempt to share my opinion in a way that will show you the correct way of going about it. Before we can test what the best forex robot is we have to find the best conditions to test them on i.e. a forex broker. The broker you choose is so important that even if you have found the holy grail in an expert advisor it means absolutely nothing unless you trade with the correct broker. We have written an article on this previously : Best Forex Broker for Scalping 2016
So now we know which brokers we should use, this brings us to our next question : What is the best trading method for robots? The answer here is quite simple: Scalping is the best way to trade forex, period. Now that is quite a statement and many of you may disagree off the bat, but hang on just one second. What we want is the following : Low risk and high potential reward, you cannot disagree with this can you? Scalping is the only strategy where you can use a tiny stoploss, huge volume and virtually unlimited up side.
So by this logic, we are saying that the best forex robot currently has to be a scalper. You may agree or disagree but I’m right :). So we are looking at scalpers. This luckily dramatically reduces our options. Lets reduce the list even further by adding another very important filter, verified results on a Live Account. Now this might be more difficult than you think, yes there are tools like Myfxbook and FXBlue but the reality is that brokers themselves can create fake accounts. Why would they do this? Well, if they can prove the best forex robot works with their trading conditions most traders will simply open an account with them.
This makes it virtually impossible to verify live results, so how do we make sure they are real? It is actually not that difficult, here are the steps you take :
- Request a 7 day demo from the vendor. If the bot is as good as they say the vendor will never say no.
- Test it on a small live account (use the vendors recommended broker) for 7 days.
- Compare your results to that the vendor is claiming.
Conclusion: If the results are the same as the vendors account pip for pip that means you can believe that the rest of the verified results are indeed correct. This does not mean you have to make a profit in 7 days, your account just needs to match that of the vendor.
So what is the best forex robot?
By filtering we came up with the best 3 , you might think we are biased so we will let you test them yourselves.
These are the 3 best forex robots on the retail market at the moment, do not take my word for it, test and compare them to make sure.
Forex Scalping – What is it?
Forex Scalping is a method of trading the currency market which entails entering and exiting the market at short intervals and usually taking small amounts of profits in terms of points. Forex scalpers would most often only hold trades for a few seconds or minutes at a time before closing their trades. The forex market is especially suited to scalping due to the high level of leverage employed. A trader is able to gain large amounts of profits for small movements in the currency market.
Forex scalping strategies
- Support and Resistance Scalping : This involves scalping strong support and resistance levels. As there is generally more volatility around support and resistance levels this is often a good area for small trades.
- News Scalping : As the name suggests this is a method of trading that focuses on scheduled news releases. As news releases often cause extra movement in the market it allows for some good forex scalping opportunities.
- Scalp with the trend : A trader identifies the underlying trend of the instrument they are trading. They will trade in the direction of the trend but only once the price has moved “against” the trend. e.g. When there is an up trend, i.e. the price is gradually and steadily moving up over time, and there is a short interval in the trend where the instrument value decreases, the scalper would take that opportunity to buy.
- Scalping with a Trailing Stop: A trailing stop is a stop loss which follows the price as it moves, thus locking in profits when the price has moved in your direction by a set amount of points. It is wise to use a trailing stop in most forms of forex scalping as it is often difficult to react quick enough with human reflexes especially at times of high volatility.
Key Factors for the success of Scalping
- Get a good broker ! This is the most important part, without one you never succeed. In our experience there are 2 forex brokers that are good for scalping : Tradeveiw Forex and FXCM.
- Automate as much of the process as you can. A machines reactions are much faster than ours, take advantage of the expert advisors that can be coded for metatrader 4.
- Always use a stoploss. Scalping like all trading is a numbers game, make sure that you have a safety net in the form of a stop loss. Risk management is key to long-term success.
- Never become greedy. Get a scalping plan and stick to it. Do not deviate from your rules, stay disciplined and you will be just fine.
Scalping is very exciting and can be a very low risk way of trading if done correctly. If you would like to test a scalping strategy please let us know. We would be happy to share our expertise.
Best Forex Robots 2016 – Top 10
by forexscalpingrobot | Oct 14, 2016 | Forex Robots | 0 Comments
We have created a list of the top 10 best forex robots 2016. Our list was comprised through various factors including drawdown, minimum deposit requirements, risk management and obviously performance. All the robots in our list have myfxbook live accounts to verufy that they actually work in real market conditions. We have reviewed the results and will name the Pros and Cons of each robot.