If you’re considering using an expert advisor (EA) for your forex trading, the Forex Real Profit EA may be worth looking into. This software program operates automatically, using 6 different strategies, to make buying and selling decisions on the forex market without the need for human intervention.
In this review, we’ll examine the features of the Forex Real Profit EA as well as it’s strategies and settings. By the end of this review, you’ll have the information you need to decide whether Forex Real Profit EA is the right tool to help you achieve your forex trading goals.
Forex Real Profit EA Strategy
Forex Real Profit EA is an automated software program designed to make buying and selling decisions on the forex market without human intervention. The forex robot uses six different strategies that include two scalping strategies on Asian sessions, two scalping strategies on trend all day, and two breakout strategies all day. The currencies used in trading are EURAUD, EURUSD, GBPUSD, USDCHF, and USDJPY. The program is compatible with any broker.
One of the notable features of this EA is its dynamic stop-loss and take-profit system, which helps minimize losses and maximize profits. Additionally, the program has an invisible mode that prevents non-ECN brokers from negatively influencing trades. The robot also has a high impact news filter that helps it avoid trading during periods of significant market volatility.
Money management options are available with the Forex Real Profit EA, including fixed lots or option-based, and it provides large spreads and slippage protection. The program operates with four and five digits after the decimal point, even with micro-lots, and it does not use the martingale system or recovery mode. The NFA compliance filter (FIFO/no hedging rules) ensures the program adheres to the regulations of the National Futures Association. The EA automatically adjusts the trading time based on the GMT, and it is specially designed to work with other expert advisors with special setting options.
Forex Real Profit EA Features
- It uses an automated trading software that operates on the FOREX market without human intervention
- Uses 6 different strategies, including 2 for scalping on Asian session, 2 for scalping on trend all day, and 2 breakout strategies, all day also.
- Trades with the following currencies: euraud, eurusd, gbpusd, usdchf, and usdjpy
- Compatible with any broker
- Dynamic stop loss and take profit system to minimize losses and maximize profits
- Invisible mode to prevent non-ECN brokers from influencing transactions negatively
- High impact news filter to avoid trading during significant market volatility
- Money management options, including fixed lots or option-based
- Large spread and slippage protection
- Operates with 4 and 5 digits after the decimal point
- Operates even with micro lots
- Does not use the martingale system or recovery mode
- NFA compliance filter (FIFO/No Hedging rules) to adhere to regulatory requirements
- Automatic GMT adjustment of the trading time
- Specially designed to work with other expert advisors with special setting options.
Forex Real Profit EA Settings
- Strategy selection – Choose between the six different strategies, including two scalping strategies on Asian session, two for scalping on trend all day, and two breakout strategies all day also.
- Currency selection – Select the currencies to trade, such as euraud, eurusd, gbpusd, usdchf, and usdjpy.
- Money management – Choose between fixed lots or option-based to manage the amount of money to trade.
- Stop loss and take profit – Set the dynamic stop loss and take profit to minimize losses and maximize profits.
- High impact news filter – Enable or disable the filter to avoid trading during periods of significant market volatility.
- Spread and slippage protection – Set the protection levels to avoid excessive losses due to spreads and slippages.
- Trading time – Adjust the trading time according to the GMT to optimize trading performance.
- Martingale system – Disable the martingale system to avoid excessive losses due to doubling up on losing trades.
- Recovery mode – Disable the recovery mode to avoid increasing the lot size after a loss.
- NFA compliance filter – Enable or disable the FIFO/No Hedging rules to adhere to regulatory requirements.
- Invisible mode – Enable or disable the invisible mode to prevent non-ECN brokers from influencing transactions negatively.
- Expert advisor integration – Adjust the settings to work with other expert advisors for optimal performance.
Forex Real Profit EA Summary
The Forex Real Profit EA makes use of multiple strategies, money management options, dynamic stop loss and take profit, and high impact news filter in its trading strategy.
However, the Forex Real Profit EA is not without its weaknesses. While its strategies may be effective in certain market conditions, they may not perform as well in others. Additionally, the EA is not infallible and can still experience losses, so it’s important to use good risk management settings and not rely solely on the EA.
Before using the Forex Real Profit EA in live trading, I highly recommend testing it on a demo account to get a feel for how it works and how it may perform in different market conditions. It’s also crucial to use good risk management settings to minimize losses and protect your trading capital.
Overall, the Forex Real Profit EA can be a considerable tool for forex traders who are looking for an automated solution to help them make buying and selling decisions. However, it’s important to approach it with realistic expectations, use good risk management settings, and understand that there are no guarantees in forex trading.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
