Forex Real Profit EA Review Introduction
Forex Real Profit EA is a scalper mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.
Trading Idea
A scalper EA mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.
Forex Real Profit EA Criteria
NFA compliance
Yes (special setting).
License
1 live account + unlimited demo accounts for One Year (Extra live Account will cost $99 / year for each)
Refund policy
30 days.
Compatible Brokers
All including ECN brokers which are the recommended as IC Markets. It operates with 4 and 5 digits after the decimal point, even with micro lots.
Currency Deposit
Any
Supported Currency Pairs
EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/USD, GBP/CHF, GBP/USD, USD/CAD, USD/CHF, USD/JPYMetaTrader Chart Timeframe
M15Live Performance Results
More than 60 months of third party (MyfxBook) verified trading results using real money accounts only:
Historical Data Backtests
EA Analyzer: All the 10 currencies with all the 5 strategies used; FRPEAv6.20, Defaultt settings
Testing results (using all of the 10 currencies combined:
Total positions = 15.871 trades ; Total pips lost = 97.140 pips ; Total pips won = 145.938 pips ; Net gain = 48.798 pips ; Winner (%) = 71,33 (%) ; Loser (%) = 28,67 (%) ; Profit Factor = 1,50 ; Average win = 12,89 pips ; Average loss = 21,34 pips ; Max DD = 906 pips (21,14% of the account, with default settings) ; Average time/trade = 2.75 hours.
Trading Strategy
Forex Real Profit EA uses 5 different strategies, 2 for Asian session scalping, 2 for all the day trend scalping and one breakout strategy.
It generates dynamic Stop Loss and Take Profit with high impact news filter and large spread and slippage protection for maximum profitability and minimum risk.
It employs optional (according to user desire) money management or fixed lots and automatically GMT adjusts the trading time.
It also has an invisible mode for protection from non-ECN brokers not to negatively influence the transactions.
It's designed to be compatible to run inline with and parallel to any other Expert Advisor with a special setting option to adjust this capability.
As descried in its official website; at the optimal risk it can generate an average revenue of 30% to 170% per year with re-investing the earned capital along that year.
MyFxBots Admin
[Last Modified On Sat, 22 Aug 2015]Talk about Forex Real Profit EA
Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
Tags
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.