Review of the Caliber FX Pro EA
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Caliber FX Pro | USDJPY / EURUSD / GBPUSD | H1 | Unknown | Yes | Yes | 80-190 | 20-50 | Caliber FX Pro Website |
Performance (Caliber FX Pro Live Test Results)
This account is using default Caliber FX Pro settings.
License
CaliberFXPro can be purchased for $100 via Clickbank for unlimited licensing.
Strategy
Caliber FX Pro uses ZigZag and OsMA indicators for its entry points, and surprisingly it even uses an indicator style take profit. What this means is that CaliberFX will keep a trade well in profit, and close it not at a pre-determined take profit price, but when its take profit indicator feels the market is going to turn around. We can confirm that it’s risk to reward ratio is one of the best out there. It actually uses a smaller stop loss than it does take profit!
Recommended Brokers
Caliber FX Pro works on just about any broker out there. Our recommended FXOpen or IamFX are no exception and provide great execution time and spreads for this powerful EA.
Conclusion
So far things seem good with Caliber FX Pro. I have seen some posts and results on various forums and have yet to find any negative stories or results for that matter. I will finalize this conclusion when I get some more data on this EA.
Safe To Buy?
YES!
Caliber FX Pro has been approved for you to purchase based on its low draw downs, profitability, and customer results. If you purchase, you will be offered an upsell which includes a course on how to optimize the CaliberFX Pro settings, as well as includes another version of the EA with more setting variables to optimize than the original. Most upsells are just money grabbers, but this one is actually worth it in my mind.
Overall Rating
Well time proved. See the nose diving of this EA . Please rewrite your review
Thanks
This robot did not work for me as it traded way to much and then I received an update for the Eur/USD and that was not profitable and finaly caved in and asked for a refund. I really had high hopes for this
i quit too but i lost almost 40% .
Well after 3 weeks and 3 emails, they finally got back to me, sent me an updated version aswell. I was a mouse click from a refund.
@GoodBoy, I personally like to be able to have access to all the options. 2 Reasons, 1 IF all our EA’s do the exact same thing, there is some popular Brokers that will no when the EA trades and take advantage of you. 2. To get around that and the fact the market does evolve , I like to make some tweaks so my EA is not trading at the exact same second a million others are. :). It’s not alwyas convenient I admit, and yes they should all just betweaked out of the box for todays conditions , that I agree 🙂
Yet Subway is always a struggle to make a Sub, as there are so many decisions, I just want a ham sandwhich ,lol :>)
Lets Hope for the creators & our sake this EA comes alive once again 🙂
i think the setting may be an issue with this robot. too many parameters to look for. we need EA’s that work on default setting. If they put in nice material into maknig EA than it shudnt need too many settings change..
I have not had luck with this EA and have lost 1/3 of my account. i have contacted the seller and done everything they recommended including the broker recommended by thembut have had mosltly losing trades. Any help would be appreciated. Thank you
does this robot has any specific trading hours?
I totally agree with Hatchsead. I have not tried FXOpen before. I’ll open a demo with FXOpen once I get copies of these new EAs that have just been released. But I have run two EA’s on both IamFx’s and FXCBS’s mt4’s. I will go with the latter rather than the former.
I know you do recommend FXOpen and Iamfx as brokers with good spreads, i agree with you but could you try fxcbs too? They seem to have lower spread and very good execution.
You can also monitor it on mt4spreads
This one looks interesting thanks, ive never heard of it until now. I may give it a shot what do you think?
You really dont have anything to lose if you stick to demo to start because they sell through clickbank. CaliberFX Pro has performed nearly flawlesly right out of the gate, but the most interesting part about it is the drawdown, there hasn’t been anything significant. Almost every trade has gone into profit almost immediately.
Been a little rocky so far, but has remained in profit and slowly going up. Caliber FX Pro looks like it could have some potential.