Archive for January, 2013

Wallbreaker

6
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

PhiBase Ray Scalper

8
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

Forex Invest Bot

112
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

New beginnings

16
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 [...]
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