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Forex Flex EA Review With Performance Analysis

admin — Wed, 11 May 2022 16:00:44 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: Any,Timeframe: Any,Price: $349,License: 1 live account,NFA compliance: yes,Refund policy: 30 days,Flex EA Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Comes pre-loaded with 12+ different strategies from retrace, to martingale, to scalping. Best ones are a mix of grid and retrace trading.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]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.[/one_half_last][/tab]
[tab title=”Real 1″ ][one_half][/one_half][one_half_last]Here is one of their members accounts running default settings[/one_half_last][/tab]
[tab title=”Shotgun” ][one_half][/one_half][one_half_last]Highly profitable EMA far apart set file[/one_half_last][/tab]

[tab title=”Real 2″ ][one_half][/one_half][one_half_last]A slower more conservative approach.[/one_half_last][/tab]

[tab title=”Customer default settings” ][one_half][/one_half][one_half_last]Another top performing set file available in the member forums[/one_half_last][/tab]

[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]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![/one_half_last][/tab]

[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]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.[/one_half_last][/tab]
[tab title=”Customer 4″ ][one_half][/one_half][one_half_last]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.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]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[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Can be risky if you get greedy

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Forex Flex EA Twitter

Other Reviews: http://forexfbi.com/forex-flex-ea-review/

Flex EA Reviews

[review]

Keltner Pro Review

admin — Wed, 02 Sep 2015 22:39:55 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: EURUSD | GBPUSD | AUDUSD | NZDUSD | USDCHF,Timeframe: M15/M5,Price: $499,License: 1 live account,NFA compliance: yes,Refund policy: 60 days,KeltnerPro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Keltner Pro is yet another robot that trades channel reversals in a basket of trades. Avg win is 40 pips with an avg loss of 23 pips. Opens trades at the start of a bar, and doesn’t appear to use any lot multiplier for it’s basket trades.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]This is a live account of KeltnerPro on SynergyFX, a broker with a history of providing EA vendors favorable trading conditions for EA vendors in order to increase sales and broker signups. With that being said, the results of this are still not that impressive. It’s been on a quite a down trend for most of 2015, who knows if it will ever turn around. Lets check some customer accounts.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading Keltner Pro on an unknown broker. The results are consistent losers, with a 33% drawdown already! The account has only been trading since the end of July 2015, yikes![/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]This is a demo account of Keltner Pro and just look at that 88% drawdown. Basically an account wipe on a demo broker feed, not good![/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$500 price tag,Possibly fake vendor results,Poor customer results

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[review]

Pivot Trader Pro Review

admin — Fri, 28 Aug 2015 04:42:46 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: AUDUSD | EURGBP | EURUSD | NZDUSD | USDCAD | USDJPY,Timeframe: Any,Price: $799 (or $347 per month for 3 months),License: 1 live account,NFA compliance: yes,Refund policy: 60 days,Pivot Trader Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Pivot Trader Pro uses 3 indicators to look for trends, and looking for weakening to enter for reversals. It will hang on to trades for up to 1000 pips SL, so becareful![/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Another account from Doug Price on Synergy FX which have a history of producing fake/manipulated results to increase sales of EAs. I suspect this one is not much different. Average win is 30 pips, average loss is -350 pips, but there are a few that have gone all the way to -1000 pips. How would you like to start your account off with a -1000 pip loss?[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading Pivot Trader Pro on ProfiForex broker. It’s only made 12% and already has had a 34% drawdown, yikes! That doesn’t exactly resemble the vendor account now does it.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of Pivot Trader Pro on FinFX broker. This is more a long the lines of what you should expect your live account to look like.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$700 price tag,Possibly fake vendor results,Avg 350 pip SL,Poor customer results

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[review]

Forex Diamond EA Review

admin — Tue, 25 Aug 2015 05:50:09 +0000

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Details

[one_half]
[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: EURUSD | GBPUSD | USDCHF | USDJPY,Timeframe: M15,Price: $199 or $299,License: 1 or 2 real accounts ,NFA compliance: Yes,Refund policy: 60 Days,Forex Diamond EA Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Has 3 built in strategies you can select from or use all 3. They are scalping, trend and counter-trend. Average win is 10 pips average loss is 20 pips according to their vendor account.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]This is the vendor account of Forex Diamond EA that trades on Alpari DEMO account. Yes that’s right, a demo with basically a scalper, who would have thought! Any system that has an average trade size of 10 pips and is on a demo account, will not even come close to the same results on live accounts.[/one_half_last][/tab]
[tab title=”Vendor Account 2″ ][one_half][/one_half][one_half_last]Here is another vendor account of Forex Diamond EA, but this one is actually on a real account. As you can see it only puts out a measly 2.2% per month and went half 2 years making no money at all. 100% of it’s gain is from within the last few months so I suspect it’s just on a hot streak for now.[/one_half_last][/tab]
[tab title=”Vendor Account 2″ ][one_half][/one_half][one_half_last]This is another vendor demo account running normal risk. You will notice drawdown is more reasonable, but monthly gains are also much lower. But none of that even matters because it’s basically a scalper on a demo account.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Vendor has long term results,Fair price,60 Day Refund Policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Doesn’t perform well live,Scalper,Requires setting tweaking

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[review]

Wall Street Forex Robot Review

admin — Sat, 22 Aug 2015 00:33:22 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: EURUSD | GBPUSD | USDJPY | USDCHF | USDCAD | AUDUSD,Timeframe: H1,Price: $199 or $329 or monthly subscription $29,License: 1 real or 3 real both with unlimited demo ,NFA compliance: Yes,Refund policy: 60 Days,WallStreet Forex Robot Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Short to medium range scalper, with winners closing around 5-8 pips and losers closing between 15-30 pips.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Here is the vendor account of Wall Street Forex Robot running on Alpari NZ. This account has been running since beginning of 2011 and was doing well up until 2014. From 2014 to present, it’s essentially made no gains with a huge dip in there. It’s on an upward trend again, but I suspect just like the other scalpers, it’s days are numbered.[/one_half_last][/tab]
[tab title=”Vendor Account 2″ ][one_half][/one_half][one_half_last]Here is another Wall Street robot account running on FXOpen trading their recovery mode. This is a martingale style mode, not recovery. It held onto trades just passed a 31% drawdown, not sure what kind of recovery that is.[/one_half_last][/tab]
[tab title=”Vendor Account 2″ ][one_half][/one_half][one_half_last]This is a customer account of WallStreet Forex Robot trading on the same Alpari NZ broker as the vendor account. Only this one is in some serious trouble right now hanging on for dear life. Not sure what settings they decided to use, but clearly some SLs were not used.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Vendor has long term results,Fair price,60 Day Refund Policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Doesn’t seem to perform as well as it used to,Scalper,Requires setting tweaking

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[review]

FX Stabilizer EA Review

admin — Mon, 17 Aug 2015 17:44:07 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: AUDUSD,Timeframe: H1,Price: $265,License: 1 real + 3 demo ,NFA compliance: yes (with the long term advanced strategy disabled),Refund policy: Not specified,FX Stabilizer Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Martingale/Grid, uses an indicator to enter first basket trade, trades 9x baskets and has a turbo and durable mode.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Here is the vendor account of FXStabilizer trading their durable mode, which is on a real account at Forex4You broker. It’s been running since Feb 2013 and does roughly 7% per month with a 39% drawdown. However you will notice the graph starting to taper off, this is because the vendor has recently lowered the risk drastically to preserve the life of this account to keep sales coming in. It went from 8-10% per month down to 1-3% per month.[/one_half_last][/tab]
[tab title=”Vendor Account 2″ ][one_half][/one_half][one_half_last]This is another live account from the vendor trading their turbo mode. As you can see this one is much newer only been up for a few months because I’m sure the previous turbo accounts all crashed to $0.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]It can make money[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]No refund policy,Martingale (dangerous),There are better EA’s that do the same thing

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[review]

Goldbull Pro Review

admin — Mon, 10 Aug 2015 22:44:09 +0000

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Details

[one_half]
[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: EURUSD | GBPUSD | USDJPY,Timeframe: H1,Price: 3 kind of license: $129 / $149 / $259,License: 3 types of account: Normal (1 licence E/U) – PRO (1 licence E/U + G/U + U/J) – Family (2 licences – E/U+G/U+U/J) ,NFA compliance: yes (with the long term advanced strategy disabled),Refund policy: Not specified,GoldBull Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Scalper and breakout, but from their vendor account, almost every trade I see is a scalp at 2-5 pips.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Here is the vendor account of Gold Bull Pro, which is on a demo account. Demo + Scalper = a loser in live trading. Don’t believe me? Check out some of these customer accounts.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading GoldBull Pro on IC Markets, and low and behold it’s a consistent loser just as predicted. Unless you find some kind of magical broker that has ideal conditions for scalping and lets you take advantage of it, your live account will look exactly like this.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Here is another Gold Bull Pro live account on Roboforex, again a consistent loser.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]I can’t find anything positive about this[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Scalper,No refund policy,Vendor account is demo

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[review]

Channel Trader Pro

admin — Wed, 05 Aug 2015 19:31:42 +0000

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Details

[one_half]
[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: AUDUSD | EURJPY | AUDCAD,Timeframe: Any,Price: $799 (or $347 per month for 3 months),License: 1 live account,NFA compliance: yes,Refund policy: 60 days,Channel Trader Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Channel breakout using a 200 pip stoploss, averaging 11 pip winning trades. Signals are sent as a trade copier from their vendor account like Vortex Trader Pro[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Another trade copier from Doug Price, very similar to his Vortex Trader Pro. Pretty sure it’s the exact same EA that is sending the signals with slightly different settings. He then slaps another name and price tag on it and voila, more money in Doug’s pocket.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading Channel Trader Pro on ProfiForex broker. It was started June 26 2015 and is has mediocre results. We’ll keep on eye on this one.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of Channel Trader Pro on FXOpen broker. This one is fairly new so keep on eye on it to see if it continues to follow the vendors success.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy,Results match vendors success for the most part[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$700 price tag,200 pip SL with 11 pip TP might get you through their 60 day refund period unscathed, but this risk:reward ratio is bound to catch up to you eventually.

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[review]

Vortex Trader Pro

admin — Wed, 29 Jul 2015 02:36:06 +0000

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Details

[one_half]
[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: GBPUSD | EURUSD,Timeframe: H1,Price: $799 (or $347 per month for 3 months),License: 1 live account,NFA compliance: yes,Refund policy: 60 days through Clickbetter,Vortex Trader Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Vortex Trader Pro trades very similar to Doug Price’s Channel Trader Pro in the sense that it connects to their database to receive trading signals. It appears to trade any and all hours, with a risk:reward ration of 2:1 averaging 10 pip profit and 20 pip losses. Doug Price claims it measures volatility and oscillation, track price action, and monitors trends. CCI, Moving Averages, WPR are 3 indicators it claims to use.[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Doug Price is back with his partner broker Synergy FX. This one seems better off than his REV Trader Pro however because you are essentially copying the same signals he is using.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading Vortex Trader Pro on RoboForex broker. Their results are quite similar to the vendor account which is a good sign.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of Vortex Trader pro on Global Prime broker. This one is fairly new so keep on eye on it to see if it continues to follow the vendors success.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy,Results match vendors success[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$700 price tag,Exposure to large drawdowns possible

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[review]

FAP Turbo 2 Review

admin — Tue, 28 Jul 2015 03:12:39 +0000

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Details

[one_half]
[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: EURUSD |EURGBP |EURCHF |GBPCHF |USDCHF |GBPUSD |USDCAD,Timeframe: M15,Price: $149,License: 1 live account,NFA compliance: yes (with the long term advanced strategy disabled),Refund policy: 60 days,FAP Turbo 2 Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Scalper during Asian session; now includes a daily ranging strategy that uses large TP and SL on EURUSD only(can be turned off)[/quote]

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Performance

[tabs style=”h1″ ]
[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]There is no Myfxbook or legitimate 3rd party result verification used for any vendor accounts. Their homepage shows some MT4 statements which can easily be manipulated or said to be real when it could just be a demo. If they had any legitimate results you can bet they would have them on Myfxbook for the credibility, but they don’t![/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading FAP Turbo 2 on FX Choice(their recommended broker), and low and behold it’s a consistent loser just as predicted. Unless you find some kind of magical broker that has ideal conditions for scalping during the Asian session and lets you take advantage of it, your live account will look exactly like this.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Here is another one on their recommended FX Choice broker in case you needed more proof.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Outdated Asian scalping strategy,No longer profitable,Lots of fake affiliate reviews

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[review]