Metatrader expert advisors dissected.
birt
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Posts by birt
Joker EA
22February 19, 2013
Trading style: scalping on trend pullbacks, WSFR-style. While its TP is situated 35 pips from the entry, it tends to close most of its trades at 2-4 pips in profit and will rarely let a trade run its full course. Its SL is at 70 pips.
Currency pairs: EURUSD
Timeframe: M5
Price: $250
Currency pairs: EURUSD
Timeframe: M5
Price: $250
FX Flash
362February 18, 2013
Trading style: takes scalping-sized trades (10-15 pips average profit) in the direction of the trend on several pairs with several different strategies for each pair. The average losing trade is between 35 and 60 pips, depending on the strategy.
Currency pairs: AUDJPY, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF
Timeframe: M15, H1
Price: $47
Currency pairs: AUDJPY, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF
Timeframe: M15, H1
Price: $47
FX Capitalist
11February 16, 2013
Trading style: around the clock scalper with a very tight stop loss (4 pips for the L version, 2 pips for the S version) and with a much larger take profit target (13 pips for the L, 11 pips for the S). Naturally, the losing trades are predominant but overall it still makes good headway.
Currency pairs: EURUSD
Timeframe: H1
Price: $127
Currency pairs: EURUSD
Timeframe: H1
Price: $127
Wallbreaker
6January 31, 2013
Trading style: a scalper with a trailing stop that trades breakouts, taking into consideration the current support and resistance; for EURUSD the maximum SL is 40 pips from the entry price and the profits can even exceed 100 pips on occasion, while on GBPUSD the strategy is a bit different, allowing for a SL as high as 200 pips but also with a higher average profitable trade.
Currency pairs: EURUSD, GBPUSD
Price: €49/month, €499/year, €4899 lifetime license; IB licenses available at €39/month, €399/year
Currency pairs: EURUSD, GBPUSD
Price: €49/month, €499/year, €4899 lifetime license; IB licenses available at €39/month, €399/year
PhiBase Ray Scalper
8January 30, 2013
Trading style: Ray Scalper is a strategy that uses an algorithm named "backward ray tracing" for determining its entry and take profit target; the stop loss, take profit and trailing stop are dynamically calculated based on the average true range. Even though its name says "scalper", the average profitable trade is in excess of 30 pips and the average trade length exceeds 10 hours.
Currency pairs: EURUSD
Timeframe: M15
Price: $350
Currency pairs: EURUSD
Timeframe: M15
Price: $350
Forex Invest Bot
103January 29, 2013
Trading style: based on volatility, it opens multiple trades with a fixed lot size attempting to capture trend movements; this EA is the successor of Forex Growth Bot and the trading style is similar with the exception that Forex Invest Bot might open a lot more trades (I've seen it exceed 20 concurrent trades) and it uses an improved entry & exit system.
Currency pairs: EURUSD
Timeframe: M15
Price: $197
Currency pairs: EURUSD
Timeframe: M15
Price: $197
New beginnings
14January 22, 2013
in Rant
If you were wondering what’s up with the lack of eareview updates, it’s merely because I’ve had to deal with a constant lack of time during the past few months. There are several EAs that have sparked my attention during this period and their vendors were quite forthcoming but unfortunately I have [...]
Forex Minute Trader live forward test
36October 8, 2012
Trading style: impulse scalping on several pairs.
Currency pairs: EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, AUDUSD
Timeframe: M1
Price: $189
Currency pairs: EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, AUDUSD
Timeframe: M1
Price: $189
ACTrader Scalper live forward test
7August 28, 2012
Trading style: Asian session scalping on AUDCAD. It opens up to 7 positions at once (all of them having the same lot size) using different strategies and acting somewhat like a grid.
Currency pairs: AUDCAD
Timeframe: M15
Price: $179
Currency pairs: AUDCAD
Timeframe: M15
Price: $179
Forex Robin VOL live forward test
43August 8, 2012
Trading style: trades volatility breakouts and their retracements, opening additional trades as long as the entry conditions are met, up to a configurable number of trades (8 by default). Only trades at bar open.
Currency pairs: EURUSD
Timeframe: M15
Price: $395 + $195 yearly subscription
Currency pairs: EURUSD
Timeframe: M15
Price: $395 + $195 yearly subscription
PipJet live forward test
117June 28, 2012
Trading style: Asian session scalping.
Currency pairs: USDCAD
Timeframe: H1
Price: $97
Currency pairs: USDCAD
Timeframe: H1
Price: $97