In this post I will be reviewing the Forex Flex EA. This is a fully automated trading system that runs in the free MetaTrader 4 trading platform and isn’t just great for having perhaps the best forex robot artwork ever! The Forex Flex EA website has live verified by MyFxBook trading results showing some excellent profitable gains over a sustained period of time. At the time of writing this review, some of the accounts have made over 300% in fully automated trading profits and continue to grow. However, one particular account that stands out has turned a $3,000 deposit into $351,740 which is 11624%+ gain!
Forex Flex EA Trading Strategy
The Forex Flex EA uses a very unique automated trading concept where it will place virtual trades to analyse the market behaviour until it finds the perfect entry point to place an actual market entry trade with high rewards and low risk. This is not an idea I have been aware of before but I can certainly see how it would beneficial and ensure that the system is trading dynamically dependant on the current market conditions. This ensures that the Forex Flex EA is constantly adapting to the forex market and even uses an automatic update system to ensure you have the latest version of the Forex Flex EA running. The Forex Flex EA also has a built in news filter to avoid trading around news releases, it works on nearly all major pairs, has built in money management control and an impressive 12 strategies implemented.
Forex Flex EA Back Testing
The live results provide support to the excellent back tests shown on the Forex Flex EA website that have 99% modelling quality using tick data – this means that the back testing results are as accurate as possible. So far, this has been confirmed by the forward tests. Back tests show gains of between 19,000-25,000% with only 12% draw downs.
Forex Flex EA Verified Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Forex Flex EA Summary
Overall, this is a very innovative and hugely impressive forex robot with a large base of satisfied clients and good testimonials around the web from successful users. The developer has been around for a while and is always open to feedback. As I always recommend, you should be using a regulated true ECN forex broker for the best spreads and plenty of liquidity for fast execution. I highly recommend you head on over to the Forex Flex EA website for more live results and further information. It includes free updates, dedicated support that are quick to respond and a detailed instruction manual for a quick and easy setup making it suitable for beginner traders. Forex Flex EA can also be customised/optimised should the more advanced trader wish to do so although it is ready to use straight out of the box.