Posts tagged trailing stop

REV Trader Pro

Trading style: trades reversals in baskets of up to three orders, with about equal average pips per trade won and lost. Uses a trailing stop to exit.
Timeframe: H1
Price: $697

FX Monetizer

Trading style: volatility-based entry with a trailing stop and a dynamic stop loss.
Currency pairs: EURUSD
Timeframe: M15
Price: $127


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

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

NeoTradEx live forward test

Trading style: uses a neural network to enter the market when a trend is identified. Its positions have a stop loss, take profit and trailing stop calculated based on the volatility (for EURUSD, the default settings don't include a TP; the positions are closed by the trailing stop).
Currency pairs: pretrained for EURUSD and USDCHF but it can be trained for any other pair
Timeframe: pretrained for H1; it can also be trained for other timeframes
Price: €199

Orange Forex Robot live forward test

Trading style: scalping with a very tight trailing stop.
Currency pairs: EURUSD
Timeframe: M5
Expert Advisor price: $277 (will supposedly go up to $327)

Forex Winning Solution live forward test

Trading style: reversal system with dynamic SL/TP and a trailing stop.
Currency pairs: GBPUSD
Timeframe: M30
Expert Advisor price: $30/month

Two Percent Daily live forward test

Trading style: uses breakouts as entries; a tight break even and trailing stop enables it to close in profit most of the time and makes its trading scalper-like.
Currency pairs: EURUSD
Timeframe: H1
Expert Advisor price: $499

Forex Gale live forward test

Trading style: trend following using trade baskets, with an account-wide trailing stop. Uses three different strategies to this purpose.
Timeframe: M30
Expert Advisor price: $195

ParaSwing live forward test

Trading style: attempts to trade with the trend and uses a trailing stop on its trades. The SL is dynamic and supposed to be between 60 and 100 pips.
Currency pairs: EURUSD
Timeframe: M15
Expert Advisor price: $99

Iris FX live forward test

Trading style: mostly trend-following; uses a trailing stop, uses limit orders for entries.
Currency pairs: EURUSD
Timeframe: H4, H1 (two strategies)
Expert Advisor price: $149

Steady Winner live forward test

Trading style: trades around the clock, follows the trend, uses a trailing stop, sets relatively low stop loss & take profit values (SL 110, TP 55, TS 22), most of the time closes before SL or TP is hit.
Currency pairs: EURUSD
Timeframe: H1
Expert Advisor price: $88
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