Exreign Forex EA

The world of forex trading is constantly evolving, and traders are always on the lookout for new and innovative ways to improve their trading results. One such way is through the use of forex robots or expert advisors (EAs), which automate trading decisions and execute trades on behalf of the trader. The Exreign Forex EA is one such robot, designed to scalp the 30-minute time frame for the EURUSD, GBPUSD, and USDCHF pairs.

In this review, we will take a closer look at the Exreign Forex EA, its features, strengths, and weaknesses, and provide an unbiased analysis of its performance. By the end of this review, readers should have all the information they need to make an informed decision on whether or not to use this EA in their trading strategy.

Exreign Forex EA Strategy

The Exreign Forex EA is a trading robot in the market that scalps the 30-minute timeframe for EURUSD, GBPUSD, and USDCHF pairs. The system is designed to cater to both beginners and experienced traders by incorporating high-tech indicators and in-depth trading processes into the algorithm. The EA has at least one trading performance account hosted on both Myfxbook and FXblue platforms, and the results suggest that it is a scalper with trade length of just over 3 hours. The system aims to enter and exit trades quickly, with a take profit and stop loss of up to 10 pips maximum.

Exreign Forex EA
Exreign Forex EA

One of the strengths of the Exreign Forex EA is its compatibility with all Metatrader 4 brokers, including those using ECN-type order fulfillment like IC Markets. Additionally, the sales page claims that high-tech indicators and in-depth trading processes have gone into the algorithm to design this product, making it considerable for both beginners and experienced traders.

However, a possible weakness of the Exreign Forex EA is its bad support system. Reviews online suggest that once payment is made, there is no quick response to any questions or queries from the support team. Based on online reviews, another potential weakness of the Exreign Forex EA is its lack of transparency regarding its trading strategy.

While the EA claims to use high-tech indicators and in-depth trading processes in its algorithm, it does not disclose the specifics of these indicators and processes. Some traders may be hesitant to use an EA with a secretive trading strategy, as they prefer to have a clear understanding of how their trades are being executed. Additionally, the EA’s short trade lengths of just over 3 hours may not be suitable for traders who prefer longer-term trading strategies.

The Exreign Forex EA seems to be suitable for traders who are looking for a scalping robot that focuses on the EURUSD, GBPUSD, and USDCHF pairs. It is ideal for those who prefer short-term trades with small profit targets. As with any trading robot, it is important to test the EA thoroughly in a demo account before using it with real money. This will help traders to understand how the robot works and whether it is suitable for their trading style.

Exreign Forex EA Features

  • Scalping strategy: The EA uses a scalping strategy on the 30-minute time frame for EURUSD, GBPUSD, USDCHF pairs.
  • Real account trading results: There is at least one trading performance account for Exreign Forex EA which is hosted on both Myfxbook and FXblue platforms, respectively. These are real accounts.
  • Take profit and stop loss: The EA is designed to quickly enter and exit trades, with a take profit target of up to 10 pips and stop loss protection.
  • High-tech indicators and in-depth trading processes: The creators of the EA claim to have incorporated advanced indicators and trading processes into the algorithm to improve trading performance.
  • MT4 compatibility: Exreign Forex EA is compatible with all Metatrader 4 (MT4) brokers, as well as ECN brokers like IC Markets.
  • User-friendly interface: The EA is designed to be easy to use, even for beginners.
  • Automatic trading: The EA is an automated trading system that does not require manual intervention.
  • Money-back guarantee: The creators of the EA offer a 30-day money-back guarantee if the EA fails to meet expectations.
  • Low minimum deposit: The EA can be used with a low minimum deposit, making it accessible to a wide range of traders.
  • Flexible risk management: The EA allows for flexible risk management settings, which can be adjusted to suit the trader’s preferences and risk tolerance.

Exreign Forex EA Settings

  • Max Orders: Maximum number of orders that can be open at the same time
  • Time to Start: Start hour to open trades
  • Time to End: End hour to open trades
  • Comments: Optional comments for the trades
  • Magic Number: Unique identifier for the trades
  • Use Opposite Trades: Whether or not to enable opposite direction logic
  • Max Spread: Maximum allowable spread for opening trades
  • Trailing Stop: Whether or not to enable trailing stop function
  • Trailing Start: Number of pips from the trade entry point to activate trailing stop function
  • Trailing Stop: Number of pips from the highest profit point to set the trailing stop
  • Trailing Step: Number of pips to trail the stop loss
  • Use Break Even: Whether or not to enable breakeven function
  • Take Profit: Target profit level in pips
  • Stop Loss: Maximum allowable loss level in pips

Please note that these settings may vary depending on the specific version of the Exreign Forex EA that you are using

Exreign Forex EA Summary

The Exreign Forex EA is a scalping robot that targets the 30-minute timeframe for the EURUSD, GBPUSD, and USDCHF pairs. Despite not revealing its trading strategy, the system’s trading results suggest that it employs a scalping approach. One strength of the Exreign Forex EA is its compatibility with all Metatrader 4 (MT4) brokers and brokers using ECN-type order fulfilment like IC Markets. The EA’s algorithm incorporates high-tech indicators and in-depth trading processes, which may be appealing to both beginners and experienced traders.

However, one potential weakness of the EA is its support system. Reviews indicate that customer support is slow to respond or may not respond at all. When demo testing the Exreign Forex EA, it’s crucial to apply good risk management settings. It’s recommended to carefully consider the settings and adjust them to suit one’s risk tolerance and trading style.

The EA’s cost is reasonable, and there is at least one trading performance account available for review on both Myfxbook and FXBlue platforms. This is a real account, so potential users can evaluate the system’s performance before making a purchase.

In summary, the Exreign Forex EA is suitable for those who are comfortable with forex scalping strategies and want a system that employs high-tech indicators and in-depth trading processes. It’s essential to note that the support system may be lacking, and risk management settings need to be adjusted to suit individual preferences.

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