FXPL EA - 14 Days Free Trial For FPA Members

[Onyebuchim C. Obike]

Hi, I went to check their History records on MTi, slightly needs getting used to as I am most familiar with myfxbook.

1) Trades GBPUSD (history did not indicate any other cur)
2) ONE trade per day (it may have opened another trade if first one is closed, but again history did not indicate there were more than 1 trade)

I am slightly familiar with the trading strategy of using combo of MA, CCI, MACD, RSI, Stoch. If EA has been coded to obey certain criteria built around these age-old but tried and tested indicators, EA will not just open any trades and those that EA did opened (depending on how logic was built to read off these indicators) will likely results in higher probability winning. The mti results shows abt 70%. Most trades familiar with these various indicators know that each has a specific function, eg, MA shows the moving average and general trending direction of a cur pair, RSI shows the overbought/oversold ranges which may help detect reversal etc. Google or press Help in MT4 and you could probably read for yourself abt these indicators.

PS: I am not their affiliate, just excited to see or discover a EA that trades with such strict rules covering so many indicators that worked well to avoid whipsaw/indicate general trend, yet had possibility to detect divergence, reversals, volume, etc. Market is not your playground, thus, even the best of the EA or human traders can failed abt 25% of the time. If the EA had proven by back testing to fail at <= 25% (the mti account is verified and its a live trading acct), then its worth while considering

I am game, just have to find out whether its something I could afford. I dont mind a installment payment method either, its certainly difficult to get an EA which can at least perform under most market conditions (perhaps the EA may even have news indicator built in to avoid news trading). It will be a compliment to my purchase of SPhantom which trades strictly EU

I quite agree with you. If actually the logic combining the vital indicators are smart then it's a good one.

 

[multi888]

I am using it for few hours now...have made some profit. Thanks...

 

[Cesar martinez]

This corrupt files, try installing it in two different terminals.
and to install the EA, EXE. The terminal block and clears it from the experts. Well class E A. this is

 

[newgenforex]

Hello,
EA will trade only on registered accounts.
If you try Before activate license of course it will close your chart.It is normal mql lock protection.
Your account has been activate now.You can try now.

All the best.
Thanks.

This corrupt files, try installing it in two different terminals.
and to install the EA, EXE. The terminal block and clears it from the experts. Well class E A. this is

 

[Carlob]

Hello, I see the EA is setting tps for each trade but no stop loss?

 

[tyakemi]

wow - not for the faint hearted - this one !!
Loaded EA this morning - closed several small trades. (set TP no SL set) ...nice profit building up 1% on equity
Then GBP Claimant Count released, TP taken on spike - suddenly - EA carrying 2 x 60-70 pips losing trades... dd 5%
market pauses - so EA opens another 2 (double up lot size) sell trades...now losses accelerating pretty fast as market climbs ...sit tight for a bumpy ride
OK - 2hrs later ...EA rode it out closed the double trades - off-set losing trades...and back to a controlled grid formation with equity up 2%
This EA could have potential
24 hrs later - EA still placing sell trades despite a surge in GBP !...profit banked 5%...but drawdown now at -28%
Yes - This EA could have potential...for a great big bust !...nearing margin call now - probably won't last the night !
9 separate sell trades open biggest loser @120pips. Indicator bars at top almost constantly Green ...why won't it open a BUY I wonder ?

CRAP - I won't be buyng this dangerous EA - no real control - just hit or miss from what I can see & a good old sure to fail double up matingale strategy
Stay away is my advice and I'm sure anybody else who has been trialling this will fee the same

 

[Koda]

I want to try it on another MT4 account that's already running a EA. Would this EA every time it places a trade, automatically leave a comment in the "Comment" column on my MT4 platform? Just like to know which EA on my account is doing what trades.
Thanx

 

[newgenforex]

Hello,
Yes FXPL EA place comment on trade so you can identify trades.
Thanks.

I want to try it on another MT4 account that's already running a EA. Would this EA every time it places a trade, automatically leave a comment in the "Comment" column on my MT4 platform? Just like to know which EA on my account is doing what trades.
Thanx

 

[fx.dailypips]

after review the result, to me, it is look similar with the forexhack EA.

 

[beachplebe]

Im down - nearing margin call. this ea still placing sell trades...my 5k demo account is almost busted.

Hi, I went to check their History records on MTi, slightly needs getting used to as I am most familiar with myfxbook.

1) Trades GBPUSD (history did not indicate any other cur)
2) ONE trade per day (it may have opened another trade if first one is closed, but again history did not indicate there were more than 1 trade)

I am slightly familiar with the trading strategy of using combo of MA, CCI, MACD, RSI, Stoch. If EA has been coded to obey certain criteria built around these age-old but tried and tested indicators, EA will not just open any trades and those that EA did opened (depending on how logic was built to read off these indicators) will likely results in higher probability winning. The mti results shows abt 70%. Most trades familiar with these various indicators know that each has a specific function, eg, MA shows the moving average and general trending direction of a cur pair, RSI shows the overbought/oversold ranges which may help detect reversal etc. Google or press Help in MT4 and you could probably read for yourself abt these indicators.

PS: I am not their affiliate, just excited to see or discover a EA that trades with such strict rules covering so many indicators that worked well to avoid whipsaw/indicate general trend, yet had possibility to detect divergence, reversals, volume, etc. Market is not your playground, thus, even the best of the EA or human traders can failed abt 25% of the time. If the EA had proven by back testing to fail at <= 25% (the mti account is verified and its a live trading acct), then its worth while considering

I am game, just have to find out whether its something I could afford. I dont mind a installment payment method either, its certainly difficult to get an EA which can at least perform under most market conditions (perhaps the EA may even have news indicator built in to avoid news trading). It will be a compliment to my purchase of SPhantom which trades strictly EU