- Currency Pairs: Any
- Timeframe: Any
- Price: $330
- License: 1 live account
- NFA compliance: yes
- Refund policy: 30 days
- Flex EA Website
Strategy: Comes pre-loaded with 12+ different strategies from retrace, to martingale, to scalping. Best ones are a mix of grid and retrace trading.
This is a Flex EA vendor account trading their Default strategy. This is on a demo account, but this strategy is based mainly on math so results should be very similar which has been the case from what we've seen.
Here is a Flex EA real account that has been trading for awhile with low drawdown and slow and steady gains using their default strategy on majors as they recommend.
Another Flex EA Vendor real money account at FXOpen trading the shotgun strategy with high risk on 16 pairs. As you can see if it is extremely profitable in a short amount of time, but can be risky. It uses a 200 pip based SL which isn't too bad.
Here is their add-on EA Correlated Hedge which is sold in a more expensive ($495) package with Flex EA. It trades similar to Flex EA, but adds the ability to hedge with correlated pairs. Very interesting concept with great results.
Here is a Flex EA real money account from a customer on un-identified broker. Looks like they were using the 3xRetrace strategy, with risk between 0.5 and 1.0. It did 329% in just 3 months before they withdrew all their money with only a 25% drawdown. It looks like they were trading on 19 pairs with the most profitable ones being EURNZD, EURJPY, and GBPJPY. EURNZD has since been labeled as a high risk pair as of Aug 24th, just a warning!
This is a real account on HotForex that did 340% in 6 months trading the Default strategy with 6 MaxBuys/Sells instead of 5. They were trading 10 pairs, the most profitable of which were EURAUD, EURUSD and EURJPY. I'm going to warn you that EURAUD has been labeled as a high risk pair as of the Aug 24th crash.
Pros & Cons
- 30 Day refund policy
- 12+ Strategies in one
- Strong long-term performer
- Pro active vendor
- Active member forums
- Forums have lots of private .set files
- Can be risky if you get greedy
Other Reviews: http://forexfbi.com/forex-flex-ea-review/
9.3 Overall Score
Great EA for all traders, abundance of results, pro active vendor, very active member forum with lots of great information and settings, fair price, extremely flexible. Read more on this from ForexFBIs Forex Flex EA Review