Details
- Currency Pairs: Any
- Timeframe: Any
- Price: $349
- 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.
Performance
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 one of their members accounts running default settings
Highly profitable EMA far apart set file
A slower more conservative approach.
Another top performing set file available in the member forums
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.
This is a real account on ThinkForex that did 125% in just 2 months. It appears to have used the Default strategy on 10 pairs. It's best performers were GBPUSD, USDCHF and EURJPY.
Pros & Cons
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/
40 Comments
Switch1
Anyone care to share any good performing settings? I have an account running RSix3 Candlesize 75 that has done reasonably well since early 2019, even lived through this coronavirus non-sense, but I am always looking to improve and try out some more strategies on some more accounts.
Sanjey
I have a few set files I can post, just need to figure out how to get them in here…
Arun
Hello Sam,
Do you still have these EAs for sale.
I am interested to buy.
Randy
I have the EA loaded up on a demo account on 32 pairs. I’m just trying it out to see how it works.
It has been running for 3 days and I have virtual trade accuracy of wild amounts. Way above 100% and way below 0%. I.E. +1080% / -2530%
Is this normal while the virtual trades “warm up”? Is there a setting wrong? I can’t seem to find anything in the documentation.
Luciphar0
New settings in forum are fantastic, love this ea.
Joe88
Which settings are you using if you don’t mind me asking?
Luciphar0
Sorry for late reply, I am using RSIx3 Scalper D Stoch v3 EURUSD M30.set from this forum thread https://forexflexea.com/forum/Thread-RSix3-Scalper-v2-and-beyond running it only on EURUSD.
PontyT4
These are doing well for me too, great .set file.
Alshamali
Are u still using it ? Is it profitable until now ?
Luciphar0
Yup still chugging a long nicely, I’m using low risk and only trading EURUSD, USDCHF
Troyo
Hi Luciphar0,
could you pls tell me your avg return per month on RSIx3 Scalper with EURUSD..
Are you also using it on USDCHF ..?
Chris Roubis
I do love this EA. I have been very impressed with its performance. Keep up the good work.
Joe88
Been using the new stoch D scalper set file on EURUSD, its been doing flawless. Great work some Steve, hes always got something cooking.
Charlie
Been doing well with this since late April, only had one major loss but the profits have far outweighed that overall. I use the custom tdi set file on v4.65. Curious what everyone else uses?
Teddy
I use Progressive FlexHybrid with decent results
Sam
Two EAs for resale at a discounted price for a LIMITED time !. I just do not have enough time for FOREX trading.
FlexEA ( more than 12 strategies) – website: http://www.forexflexea.com/
(Ask price: 200 USD – original price: 333 USD)
RouletteTrader EAs (more than 7 EAs) – webiste: http://roulettetrader.com/trading-products
(Ask price: 145 USD – original price: 300 USD)
if you will buy the two EAs I will reduce the price again. Hurry-up!
They have both monitoring signals, please check their websites. if you are interested, please reply to this email.
Regards,
Jeferson Bulgarelli Guerreiro
Hi.. Im like this.. Contact me to define payment. Je.guerreiro@gmail.com.. Regards!
Ken
Hi Sam,
Do you still have flexEA for sale ?
ryan
i bought a flexv4.65 but no trades. does it need a registration to their website?
Yorick1
Anyone using 3.37 live yet? Been having a lot of success with 3.26 so I haven’t rushed to update yet but it does have some cool new features I want to use.
admin
Yes I have many live accounts now running 3.37 working perfectly fine.
golathmim
Hi Admin,
I’ve bought this EA but I’m baffled as to which strategy and settings to use.
Can you shed some light pleasssse.
Thanks
James
Are people still having success with this? Been a long time lurker lookin to maybe pull the trigger finally.
Ted
Ya been using it for awhile now with consistent results. I’ve taken a very conservative approach with 0.1 risk on just 6 pairs which nets me about 5-10% per month with low DD. This is with the BigDefault strategy by the way.
Reidman
Started 2 months ago with FlexHybrid on 10 pairs with $100 on a micro account. Now at $168 with only 8% drawdown. Some people are looking to double accounts every couple weeks and end up blowing them, not me. 30% per month is more than enough with a low DD.
Zman
Are you using default settings? What broker and what is the leverage you are using? Thanks in advance.
Noel Nobleza
Yes,,I am using Default settings in Forex Flex 3.60, my broker is Pepperstone Razor Account with a leverage of 1:100.
Manasvi Sriram
Hi Reidman, can you kindly help me with your settings? Is this Robot compatible with Tradeo?
Thanks,
Manasvi
Noel Nobleza
I use Trendsurfer as a strategy I lost around $80 on 21 Jan 2016, but I am still up by 9% profit from my initial investment.
Any suggestions what is the best strategy? So far Forex flex is the most reliable robot out there.
Daniel
Hi Noel, did you get sst file strategy from seller after you buy or everything by default?
How it’s work now? Performing ok so far?,
ilios ellas
Have been using this EA, in profit for two weeks; still nervous about it, since all of the myfxbook examples you post, are not verified by myfxbook. Can you point to ANY real account(s) verified by myfxbook (trading privileges and track record)?
Chris
Performing well in the month of October, satisfied customer here.
ttuni
With a hedging technique, it could fully reverse the adverse effects of
the trade.
Eirc
August was a great first month for me with Flex. Did +21% and survived the Aug 24th crash.
Settings:
FlexHybrid
Only changed settings are
VirtualTrades 10
Trailing mode on
Trading 10 pairs with 0.2 risk
AJ
Do you still use the same settings? How is it going?
Jo99
Anyone have any experience with this? What strategies are you using?
Pstock
Yup, OOTB settings are doing just fine for me.
Teddy
Long time user of this EA, brilliant product and a must of for any trader. Not only is it an automated trader, it’s highly effective for generating signals if you want to manual trade instead.
AJ
What is the best strategies?
admin
I’m happy with just the Default strategy, but their new Correlated Hedge strategy looks very interesting but it’s not released yet.