Forex Robot Reviews

Forex Flex EA Review

Hottest EA On The Market Now 75% Off

Coupon Code: FLEX75OFF

Forex Flex EA is an extremely flexible(hence the name) forex robot capable of many powerful things. It comes pre-loaded with 8 unique strategies that you can switch to within the EA by just a click of the mouse. It’s basically like having 8 EAs in one! Their main strategy called ‘Default’ is a very interesting hybrid of grid and trend reversal. Some of you might hear the word grid and have concerns, but Flex does things quite different. It won’t start a grid until its core asset(its virtual trade technology) determines that it’s safe to do so. Most other grid systems out there open trades with no specific market conditions required, or use very basic outdated indicators which has always proven to fail.

Most of the accounts you see on this page are using the Default strategy on various currency pairs with all kinds of success.

Results

As you can see, there is no shortage of real money results with a decent amount of history behind them. This thing has clearly performed well for quite a while now and at minimal risk. It appears to have traded right through the holidays and major news events without a hiccup which is miraculous this day and age for an automated system. Maybe these background market monitoring “virtual trades” are for real…

 

How It Works

  • Simplicity

You can select the strategy you want to use from a drop down list when you attach the EA to a chart, set your Risk and that’s it. It will do the rest for you. There are now over 10 strategies to chose from, you can see most of their results within this post.

Ready to go, out of the box settings. Simple plug and play. Works best on (GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD) but can be traded on just about any currency pairs if you desire. You will see some of the accounts are trading 20+ pairs very successfully.

No automated system out there can work long-term without consistently updated settings. Flex features an automatic update system, so you can be sure your copy is always up to date with the latest, best performing settings for the current market conditions. The developer is also consistently updating the software with new features every month or so. Even now in 2015 there have been quite a few really strong updates offering us lots of powerful new features.

This is a fantastic feature to succeed  in today’s markets long-term. They are doing these updates through MQLLock, so when you restart your terminal, an update dialogue will appear if one is available. All you will have to do is click the update button and your Flex EA will automatically update to the latest version and settings.

  • Precision

Flex EA uses a newly developed innovative technology involving “virtual trades“. Simply put, Flex will open virtual trades in the background, using them to constantly monitor the market to help determine the absolute perfect entry point, at which point Flex will start opening real trades.

New market monitoring, virtual trade technology brings precision entry points that no indicator can compete with. The default settings will use 6 virtual trades per currency pair to monitor market conditions. Lowering this number will result in less accurate entry points, but higher trading frequency. Raising this number will do the opposite.

  • Flexibility

Flex EA can be setup to trade just about any trading strategy imaginable. It comes 8 unique built-in trading strategies that you can select with a click of the mouse.

These are as follows:

Default – This is a hybrid trading strategy of Super Precise, Half Grid and Trend Surfer.

v2Default – New v2.0 strategy based off the original with some slight backend algorithm tweaks.

Super Precise – This opens trades very rarely, but when it does it’s very accurate.

Scalper settings – Scalps small profits during market corrections.

Full Grid – Your traditional martingale style trading.

Half Grid – Not as risky as Full Grid, about 50% less trading frequency.

Trend Surfer – Similar to Super Precise and Default settings but with bigger TP values.

Shotgun – Throw paint at the wall and see what sticks. This is a fun strategy but also very risky!

 

Pricing

 

75% Off Coupon Code: FLEX75OFF
SilverGoldDiamond
 silver gold plat
1 Live account2 Live Accounts4 Live Accounts
$999.99$1599.99$1999.99
$250 after discount$400 after discount$500 after discount

Conclusion

Flex EA is certainly something new and refreshing that this automated forex industry has desperately needed for years now. I only ever recommend products that actually make money and aren’t a waste of time. Forex Flex EA is one I am highly recommending. Here is another Forex Flex EA review by FNT.

 

Visit ForexFlexEA.com

 

Forex Flex EA Ratings

Summary
Review Date
Reviewed Item
Forex Flex EA
Author Rating
5
308 Comments
  • FFX - Posts:
    November 30, 2016
    Reply#1

    Somebody is using the new “hedging” function successfully?
    If yes, what strategy and what settings?

    • GP - Posts:
      December 3, 2016
      Reply#2

      Hi FFX,
      currently I can’t recommend the new hedging feature. Against my principles I used it on real account on loosing trades. With V4.12 it opened a bench of hedge trades with pyramiding lot sizes. I had at sudden ~15 lot opened. With V4.13 there it opens only 1 hedge position with a TP. When TP is hit it opens another one. However, your initial basket in that time is still collecting DD. In addition if the market turns and moves against your hedge, there you will add additional DD depending on lot multiplier for hedge. Hence it is very risky to use if you don’t closely monitor.
      In V4.20 there are some improvements on the hedging feature such as definable SL and TP, but it’s still beta and I don’t re command to use it yet.

      • Joe Stevens - Posts:
        December 6, 2016
        Reply#3

        I believe what you’re talking about was fixed in 4.13 where it doesn’t open larger lot size hedges over and over.

  • jrc74xxc - Posts:
    November 11, 2016
    Reply#4

    Hi all,

    Please have you the ADRDynamic setting? it’s the best omly 5% DD?

    i let you the link https://www.myfxbook.com/members/flexea/flex-ea-adrdynamic/1849919

    Thank you

    • Farce - Posts:
      November 14, 2016
      Reply#5

      Can anyone help?
      When I add the Ea to a chart and click ok, it says:
      “News Indicator Not Found! News filter is being disabled”

      Where is the News indicator to filter out big news from F Flex?

      • Joe Stevens - Posts:
        November 15, 2016
        Reply#6

        It is the FFCal.ex4 that comes in the zip file. It needs to go in your indicators folder.

  • jrc74 - Posts:
    November 10, 2016
    Reply#7

    Hello to all,

    someone have the set parametre for the ADRDYNAMIC strategy?

    thank you so much

  • ghaly365 - Posts:
    November 10, 2016
    Reply#8

    please sir what is the best timeframe for flex ea and is 3xretrace good or no thank you sir

    • Joe Stevens - Posts:
      November 13, 2016
      Reply#9

      I always use H1, and I don’t use much of x3Retrace.

  • Mark - Posts:
    October 20, 2016
    Reply#10

    Running this EA for several weeks now and all goes well except that I have to figure out some way to prevent stop loss by major events like the GBP flash crash from last week. Also occasionally stop loss is hit due to trending. I use demo accounts of 1000 or 2000 USD with 0.01 lotsize.

    One other problem is in the updates of flex. I got warnings from MT4 when v3.60 was released but it didn’t install automatically. So I had to manually reinstall all charts (many of them 🙂 )
    I am also wondering what will happen to open trades when I install v4. Will the open trades be taken over by Flex 4.0, even when the timeframe and other settings are different?

    • GP - Posts:
      October 20, 2016
      Reply#11

      Here are my 5 (to 500) cents on your questions. Please anyone correct me if I’m wrong.

      For 100% there is no guarantee that you won’t loose in forex trading even with flexEA. In general there are 2 situations when those extreme movements can happen.
      In addition it can be in a way planed such as
      a) Economic news calendar events
      b) unplaned – by market

      Furthermore you may need to divide between
      1) no trades open
      2) trade basket open

      Here are the “protections” flexEA and maybe others offer
      1.a) Movement caused by news:
      New news filter in V4. But keep in mind that sometimes even on medium impact news huge movements may occur or speeches may take some more minutes and then take effect on market.

      1.b) No news driven: maxATR and maxSpread settings. Don’t leave maxSpread on on default 7.0! Don’t bother if those filters sometimes reduce trading frequency as they will save your account from big suffer.
      In V4 there are next to the news filter much more filters to protect as much as possible.
      SR filter and TDI are the ones I am currently interested in.

      2.a) News related: New news filter can be configured in order to close baskets on MinsBeforeNews value of minutes. But that would affect every time a news event occurs.
      Maybe the news filter on open baskets may be improved by something like
      – stop open new trades (means pause basket during news)
      – close if DD max % or $ (means if in profit or DD e.g. 1x% then close before news otherwise pray or use regular DD).

      2.b) In case of a big move against your basket of trades, there is one major protection for your account that is the DD% value. Flex offers you to specify it on a per chart or a “global” basis called “allCharts”. But this only means all charts where flex is working on with the same magic number – keep that in mind if you user other EA as well.
      In addition you may set a RealStoppLoss if the strategy you’re trading doesn’t set it by default.

      In V4 there is also a new option (at least I didn’t see it before) called PauseBasketsAtDD. If you use it, flex stops adding more trades to the basket in the loosing direction.

      In total I would wish some more flexible exit conditions in flex. The new entry filters look very promising, but exit is limited to a pip gain or trailing from a certain profit point or DD/SL. As this product is actively developed, I hope we see something like this in the future.

      About the update thing I never saw a notification that there’s a new version. I check from time to time the web side .. currently on a daily basis.
      The trick to not having to setup the charts on each update is to rename the ex4 file. I cut the version off and simply overwrite it on each update.
      Finally as long as your magic number will not change, flex will trade your open trades. Just be careful that the new parameters are set correctly. If you want to save you custom settings, save the settings in a set file and merge it afterwards. Eg. I made me a .set file which contains only User and Strategy parameter. If you load this, only those values will be changed.

      • Tre - Posts:
        November 11, 2016
        Reply#12

        GP, which TDI settings do you use?

      • mattr - Posts:
        December 3, 2016
        Reply#13

        great tips for newbies GP!

        been using Flex myself since august 2015 and am very pleased with it! Steve is very active in adding and coding new features and always replies very quickly when there a questions.

        also I would like to see some feature in a future update:

        a $/€ amount based ‘locked in profit’ setting. atm this is available with the equity trail on a % basis but I find it hard and cumbersome to find a proper setting as one has permanently adjust the values when the balance changes.

        what I suggest is the following:

        e.g.:
        EquityTrailTP: 5$
        LockedinEquityTrailSL: 1$

        for the above setting as soon as a trade would be 5$ in profit a SL would be automatically set at +1$. if the trade continues in favour you just let it run until it hits your TP either pip based or your FloatingTP. if it retraces though all orders would be closed at +1$ and still secure a small profit. you would basically have a ‘risk free trade’ as soon as you’re in a profit zone.
        of course the values have to be adjustable.

        also I’d like to see a manual trade sequence setting:
        e.g. 0.01;0.01;0.01;0.01;0.02;0.03;0.03.. etc
        right now the above sequence is not possible as this is only adjustable with the lot multiplier which can cause too much of a drawdown when you’re trading micro lots as you need to have a lot multiplier of at leat 1.5 in order to get leverage.

        finally I eould like to see a members’ only forum where we could discuss pairs, strategies and settings, etc.

        take care anyobody and happy trading

        • FFX - Posts:
          December 4, 2016
          Reply#14

          “finally I eould like to see a members’ only forum where we could discuss pairs, strategies and settings, etc.”
          This is a great idea,I agree !!!

  • Tre - Posts:
    October 19, 2016
    Reply#15

    I see they have a binary tab on this website but no good recommended systems for binary options. Is anyone using Forex Flex EA on mt4 platform to trade using binary options? If so, what recommended strategy is working and what timeframe within a expiry timeframe? Any indicators that you are using? Any suggestions?

    • Joe Stevens - Posts:
      October 19, 2016
      Reply#16

      I don’t recommend any binary option system because I believe it’s pure gambling.

  • Martin - Posts:
    September 27, 2016
    Reply#17

    Are people still having success with this? Been on the fence for a while, curious to know how people are liking it, and if any updates have been released lately?

    • pete - Posts:
      September 27, 2016
      Reply#18

      Shhhh…. 😉

      • Martin - Posts:
        September 27, 2016
        Reply#19

        Haha I will take that as a good sign 😛

    • Joe M - Posts:
      October 8, 2016
      Reply#20

      This is the best EA I have used that consistently makes money every week. Started in June 2016 with 5K and since made 2.3K profit. Probably would have had more profit but I took Steve’s recommendation to shut it down during the BREXIT vote. Started with low risk at first and have been increasing it steadily. I have used halfgrid, flexhybrid and default and all were profitable. Out of these DEFAULT is my favorite. I am currently experimenting with some of my own custom settings at the moment on my demo account.. I use 20 pairs with max charts 4 with the other settings set to default strategy settings. I have the EA loaded on a VPS and runs 24 hours 6 days a week. I sleep very well at night.

  • Tre - Posts:
    September 9, 2016
    Reply#21

    What is the best number of bars in the SR indicator setting to be used on a Nano acct. or Micro acct.? Is it best to use it with any other indicator or is that too much restriction on a given pair? Is it best to use the SR indicator by itself?

    • Joe Stevens - Posts:
      September 27, 2016
      Reply#22

      S&R filter is timeframe dependent, with that in mind I run it on H1 or H4 and use 24-48 number of bars to look back to determine the S&R levels.

  • Diego - Posts:
    September 6, 2016
    Reply#23

    Hi everyone can you please help, what would be the best broker for this EA? I will really appreciate your help. Diego

    • Joe Stevens - Posts:
      September 27, 2016
      Reply#24

      Hotforex and FXopen are the recommended brokers, but generally any MT4 broker will work.

  • Ehiz - Posts:
    August 27, 2016
    Reply#25

    hello,
    i am interested in your EA.what is the percent result. weekly.and how to i make payment regards

  • James - Posts:
    August 17, 2016
    Reply#26

    Best EA I’ve ever used. One that actually works. Got each strat running seperately on 20+ pairs. Will share the results shortly

    • Tebza - Posts:
      August 25, 2016
      Reply#27

      Hi, James, which settings do you use?

      • James - Posts:
        August 28, 2016
        Reply#28

        Hi Tebza. All strats on default settings at the moment. Flex takes some time to get going so waiting for a month or two before gradually increasing the risk level. WIll share results end of Sept

    • Sean - Posts:
      August 30, 2016
      Reply#29

      hey James can you please share your settings.
      Thanks

    • Sean - Posts:
      August 30, 2016
      Reply#30

      I Think if we all work together we can Make this Awesome EA even Greater….

      • GP - Posts:
        October 6, 2016
        Reply#31

        Sean I agree with you. So I share what I do in order to find the right strategy. I don’t focus on one single one, but for the best of each pair.
        I user the strategy tester in optimization mode and let all settings as default and then switch on testing for the strategy from Default to ADR Dynamic.
        I do this for each pair and a timeframe such as 1 year. As spread I use this table as I found it reasonable for my brokers for STP accounts (no commission).

        EURUSD 1,5
        USDJPY 1,5
        EURJPY 1,5
        AUDUSD 1,7
        EURGBP 1,8
        USDCAD 1,9
        USDCHF 2,0
        AUDJPY 2,0
        GBPUSD 2,1
        EURCHF 2,1
        NZDUSD 2,3
        EURAUD 2,4
        CADJPY 2,4
        CHFJPY 2,4
        AUDCAD 2,6
        NZDJPY 3,0
        ——————
        GBPJPY 2,9
        GBPCHF 4,0

        The last 2 I don’t use as they are on the list of pairs to avoid.

        Once I found the strategy for each pair that is profitable and with a reasonable DD I can use it with default settings or can try optimization of parameters.

        But be aware, if getting too greedy even flex cannot help. All strategies are in a way MartiGrids and hence to start with a risk of 0,1 or 0,2 is the key for long-time success.

        • GP - Posts:
          October 6, 2016
          Reply#32

          I forgot: In order to determine the strategy from the tester results use this table:

          Strategy=0 Default
          Strategy=1 v2Default
          Strategy=2 SuperPrecise
          Strategy=3 Trendsurfer
          Strategy=4 Scalper
          Strategy=5 Halfgrid
          Strategy=6 Fullgrid
          Strategy=7 Shotgun
          Strategy=8 YourOwn
          Strategy=9 FlexHybrid
          Strategy=10 x3Retrace
          Strategy=11 x2RetraceSL
          Strategy=12 BigDefault
          Strategy=13 ADRDynamic

          • Somerandomuser - Posts:
            October 14, 2016
            #33

            GP, I’ve just bought a copy of this EA and would love to know how to set this up too!

        • Tre - Posts:
          October 7, 2016
          Reply#34

          GP, do you have a video of how to set this up?

          • GP - Posts:
            October 15, 2016
            #35

            Sorry Tre, I currently don’t have a video. But if you are a bit familiar with back-testing in MT 4 it is pretty easy.
            I alsp recommand using 99% tickdata as most broker’s history is only a few month. Search youtube for MT4 backtest 99%

            Here are the steps ..
            1. If not already done, add the symbol you want the backtest to run in the market view (STRG-U)
            2. Open Strategy Tester view (STRG-R)
            3. Drag the Forex-Flex-EA from the Navigator window to the Strategy Tester view
            4. Choose your desired symbol
            5. Choose Model “Every tick”
            6. Set period (flex is designed for M15)
            7. Set Spread for your symbol according to the table in post #15
            8. Check Optimization check-box
            9. Click Expert Properties button (new window opens with 3 tabs)
            10. On Testing tab set desired Initial Deposit and Optimization parameter .. eg. Balance
            11. Check Strategy variable and choose for start column “Default” and for Stop column “ARDDynamic”
            12. Click OK button (window closes)
            13. You may adjust the test period by choosing dates at the “Use date” section. Eg. from 2016.01.01 to 2016.10.15
            14. Click in Strategy Tester the “Start” button

            Now it’ll take some time to process all tests as MT4 doesn’t support parallel testing such as MT5. However, you will find 2 new tabs after pressing start in Strategy Tester – “Optimization Results” and “Optimization Graph”. On Results you’ll find the list, which will be sorted by Profit after the last test is done.
            That’s it.
            1.

          • GP - Posts:
            October 16, 2016
            #36

            Sorry that image link is dead. Take a look here (don’t know how to embedd an image correctly)

          • GP - Posts:
            October 17, 2016
            #37

            ATTENTION: Since V4 the recommended time frame is 1H or 4H!! M15 was recommended in previous versions. Refer to the readme file that comes with the latest updates.

          • Joe Stevens - Posts:
            October 18, 2016
            #38

            You can actually still use any timeframe, higher ones are recommended because 4.00 has the UseSR (Support & Resistance) turned on by default which is timeframe sensitive. It looks back ‘x’ NumOfBars, so you can understand why running this on M15 with a low NumOfBars will result in the SR lines being too tight to the current price.

          • randomusername - Posts:
            October 18, 2016
            #39

            Yup, I just started testing “scalper” mode and am using the 1M timeframe. I boosted the number of bars to 300 and it seems happy with that.

          • Tre - Posts:
            October 19, 2016
            #40

            Okay Thanks GP!

          • GP - Posts:
            October 20, 2016
            #41

            In V4.04 the default settings were switched back to not use SR filter. Little confusing, but I think I’ll keep that.

  • Lavie - Posts:
    August 14, 2016
    Reply#42

    When I selected the “Flexhybrid” strategy, the EA didn’t automatically set the parameters values. They are totally different than the ones mentioned in the documentation. Any idea/clarification?. For example, based on the Flex EA documentation, the RealTakeProfit and Pipstep should be 50 and 20 but the EA automatically set them to 30 and 15.

  • La vie - Posts:
    August 13, 2016
    Reply#43

    Hi everybody,

    First, I would like to thank all of you for your valuable comments and for sharing your experience with us. Second, I have purchased Flex EA yesterday and I am interested to know which pairs are best for trading giving that I will apply the Flex hybrid strategy to all charts with a DD of 15% and a risk factor of 0.3. Awaiting for your responses. I plan to share with you the results after a month from now. Thank you.

  • Tom - Posts:
    August 7, 2016
    Reply#44

    Bought the flex ea yesterday and trying it on demo.any suggestions on the strategy to start with?

  • Ray - Posts:
    August 2, 2016
    Reply#45

    Hello,

    I bought the flex ea yesterday and using it on demo.
    Is is possible to use different strategies on 1 chart (eur/usd) , or every single strategy on different chart (eur/usd)

    Thanks.

    • Joe Stevens - Posts:
      August 2, 2016
      Reply#46

      Yes you can trade 1 currency pair with every strategy if you wanted, but each instance of it will need a unique magic number to different it’s trades, which means the currency and max charts filter won’t work, which means it could trigger many strategies to trade at the same time.

      I suggest testing this in demo first 😛

  • Zaman - Posts:
    July 30, 2016
    Reply#47

    Just bought the EA. Anyone has any suggestions on the strategy? Which one is the best strategy for 15-25% monthly return with medium risk? Appreciate any suggestions.

  • Tre - Posts:
    June 28, 2016
    Reply#48

    Hello, did you use the same strategy in the document section of the Flex EA download to get those shotgun high risk results? If not, what strategy did you use to get the 274.20 percent results with the shotgun results?

    • Joe Stevens - Posts:
      July 3, 2016
      Reply#49

      The shotgun account is a vendor account, not mine. I believe it’s just the Shotgun strategy trading 16 pairs, including some high risk ones like GBPCHF, GBPJPY, EURAUD etc…

  • Ziolo - Posts:
    June 16, 2016
    Reply#50

    So far so good 🙂 I bought Flex a week ago, it took me week to figure out proper settings and now we’re talking :)So far this week major gain, 60% of deposit (and it not even ended yet:) I’m still running my demo account and trying to find perfect setup, I’ll share my settings when I run it live. It looks like very good ea, I hope it earns me some money.
    P. S. : I’m using flexihybrid and hybridtrend (custom settings)

    • Juliano - Posts:
      June 21, 2016
      Reply#51

      Hi Ziolo, could you share your settings?
      Thanks

    • Owen - Posts:
      August 1, 2016
      Reply#52

      Did you mean trend Hybrid turned to on ? and how are things going so far

  • Influ - Posts:
    June 16, 2016
    Reply#53

    Can anyone help me with choosing a broker for this EA?
    Also what time frame is most effective?
    any possible modifications?

    thanks

  • Lim James - Posts:
    June 2, 2016
    Reply#54

    Can I trade only 2 currency pairs using default settings? Assuming that my account balance is $1000 only.

  • simon - Posts:
    May 20, 2016
    Reply#55

    Hi Luka,

    Looks great what system are you using, are you using default settings

    Simon

  • Luka - Posts:
    May 15, 2016
    Reply#56

    Quickest +10% I ever made…

    • EZEKIEL - Posts:
      July 2, 2016
      Reply#57

      HI, what ea are using and where can i buy it? thanks

      • Luka - Posts:
        July 3, 2016
        Reply#58

        This is Flex EA using the v2Default strategy, no other settings changed.

        • karim - Posts:
          November 6, 2016
          Reply#59

          dear luka
          i am really impressed by your results,i bought this awesome EA 2 days ago,just wanna know which broker are you using? . In the demo xm broker account i have associated other indicators is’t something not to be done and let FLEX act by itself alone??One last question starding day must be sunday right and ending day saturday acoording to my location ALGERIA.Your help would be much appreciated .karim

  • Luke - Posts:
    April 28, 2016
    Reply#60

    Wow I woke up today worried that JPY mess was going to have some major losses, but to my surprise Flex went long almost perfectly at the bottom of this crash after the JPY news. Turned a nice little profit with no DD, unreal entry.

    • Ian - Posts:
      April 28, 2016
      Reply#61

      Got the same usdjpy trade, great entry point.

  • Tj - Posts:
    April 28, 2016
    Reply#62

    Anyone tried that new TrendHybrid setting yet? Looks interesting…

    • Arteet - Posts:
      April 28, 2016
      Reply#63

      Yea ive turned it on with my trendsurfer and using default settings for everything else. It seems to help get out of drawdowns quicker. It seems like it’s basically TrendSurfer + Default strategies all in one. It adds to orders in profit, and adds if the price goes against. Its too early to say but it looks like it could be a good money maker.

      • Tre - Posts:
        April 28, 2016
        Reply#64

        I see Flexhybrid but no Trendhybrid. Where is this new Trendhybrid setting?

        • Arteet - Posts:
          April 28, 2016
          Reply#65

          It’s near the bottom with ReverseMode, TrendMode and all those settings in v3.35

          • Tre - Posts:
            May 2, 2016
            #66

            Okay Thanks! This don’t work on the live accts. right? Only for the demo accts.? I’m still using the 3.26 update. Let me know.

          • Joe Stevens - Posts:
            May 3, 2016
            #67

            I’m using 3.36 on live accounts now, seems ok.

  • lhd - Posts:
    February 11, 2016
    Reply#68

    Problem has been solved, is my operation mistake

  • lhd - Posts:
    February 11, 2016
    Reply#69

    hi everybody,I enter my ID , according to the determined no icon is displayed
    Please help me how to solve this problem
    2016.02.11 12:32:46.739 Expert Forex-Flex-EA-3.20 EURUSD,M15: removed
    2016.02.11 12:32:26.535 Expert Forex-Flex-EA-3.20 EURUSD,M15: loaded successfully
    Why will automatically deleted?Please help me.

    • Harfwig - Posts:
      March 2, 2016
      Reply#70

      I have the same problem. What is to do to solve the problem?

  • chillygreen - Posts:
    January 7, 2016
    Reply#71

    Happy New Year. Such a wild ride in currency and stock market. Anybody profited in this EA or got stop out?

    • johnny - Posts:
      January 9, 2016
      Reply#72

      hi does it matter if yoy have flex on 15 mins charts 30 mins charts and so on I’m new to forex pairs any information I would be grateful.

      • Joe Stevens - Posts:
        January 11, 2016
        Reply#73

        It doesn’t make much difference going from M15 to M30 but going from M1 to H4 would have a noticeable difference.

    • teddy-waters - Posts:
      January 11, 2016
      Reply#74

      I traded right through all of December and New Years without any problems. I also run modified Default strategy using trendmode so not sure if that had any affect on my positive results.

  • chillygreen - Posts:
    December 23, 2015
    Reply#75

    Agreed. December is a great month for me too on big default settings. I am shutting down the business and re-opens 4th Jan next year. Market is always there and 2 weeks of no production is not a big issue. Merry Christmas and happy holidays

  • Mirotic - Posts:
    December 22, 2015
    Reply#76

    December has been a great month, but should we stop trading now for Holidays? If so when should we start back up?

  • Pagni - Posts:
    December 22, 2015
    Reply#77

    FlexHybrid superb trading, gracias 🙂

  • Raj - Posts:
    December 20, 2015
    Reply#78

    Hi Guys, is it really working?

  • Tan - Posts:
    December 18, 2015
    Reply#79

    Sir,
    Can with trade two strategy on the same MT4 platform/ account.
    and what are the two best combination?
    Thank you.
    Tan.

  • johnny - Posts:
    December 15, 2015
    Reply#80

    hi guys can anyone tell me beat pairs to put on flexhybrid and how many ? also does EA input the leverage if so can a person change it? thanks any information would be greatly welcome. LETS MAKE MONEY

  • cameron vale - Posts:
    November 28, 2015
    Reply#81

    getting ready to purchase the Flex trader. Can I program it to trade the Bollinger bands and stochastic indicators on the 30 min chart. Long or short, with stop loss and
    take profit protection.

  • Danish - Posts:
    November 24, 2015
    Reply#82

    Hi everyone, any update on flex EA. How is the performance?

    • Taiye - Posts:
      November 26, 2015
      Reply#83

      Its actually been quite here for some time now. I just bought the EA but yet to install on my live account.

      Please lets have some updates from those already using it

  • jogn12 - Posts:
    November 2, 2015
    Reply#84

    Hi,

    what is the minimum deposit/investment needed for this EA in order to profit?

    and what is the safest strategy to minimize the losses?

    please advise.

  • Tony - Posts:
    November 1, 2015
    Reply#85

    Hi there,

    I am very new to forex trading and have been experimenting with a demo account. I’d be lying if I said I was doing well despite using indicators on MT4 hence I have been investigating EAs. Have read several reviews on different products and they all promise exorbitant ROI looking at their backtesting results. It is all rather overwhelming.

    The reviews above from you all seem promising. I do have a question which is to do with day trading. I am at work all 5 days but do have access to my MT4 platform. Has anyone tried day manual trading using this EA. If I were to invest in this EA I can automate it perhaps to the extent of alerting when to enter & close a trade & NOT to fully automate it where it does everything itself. A little too risky for my level of comfort.

    Any advice? Also is there anyone from Sydney AUS using this EA. I’d like to hear from you as well.

    Thanks

  • Reidman - Posts:
    October 22, 2015
    Reply#86

    October has been a very solid month for me trading just the Default out of the box settings. Everyone else getting similar results?

    • Phil - Posts:
      October 27, 2015
      Reply#87

      Yup, BigDefault has been brilliant for me so far since mid September.

    • Trent - Posts:
      October 27, 2015
      Reply#88

      Ya, default ootb settings here too doing well for me at fxopen.

  • Pete - Posts:
    October 22, 2015
    Reply#89

    Curious if anyone out there has some set files they are willing to share with their own unique strategies? Default, Full Grid and x3Retrace have been very good to me so far, but I know there must be better out there 😛

    • Yoji - Posts:
      October 28, 2015
      Reply#90

      I use big default, but with 7 max buys/sells and 0.01 starting lots trading 20 pairs. Consistent profits for the past 2 months with max DD of 15%

      • taiye - Posts:
        November 10, 2015
        Reply#91

        Hi Yoji,
        What size of account are you using for this strategy?
        Thanks

  • Mike - Posts:
    October 8, 2015
    Reply#92

    Joe, do you think it would work good with FlexHybrid Strategy? I am sold on this particular strategy!

    Any particular Pairs you are using TrendMode on?

    TIA!

    • William - Posts:
      January 9, 2016
      Reply#93

      Mike, I just purchase FlexEA. I am looking for a 30 minute consultation over the phone to go over the system and strategies. I’m ok with paying. Let me know what you think.

  • Thomas7 - Posts:
    October 8, 2015
    Reply#94

    First two weeks with Flex have been beautiful, trading two accounts, one with x3Retrace and one with FlexHybrid. One has done +15% already and the other +18% respectively. Only 8% DD on both so far. Glad I found this site 🙂

  • Tiltme - Posts:
    October 8, 2015
    Reply#95

    Anyone have experience with the new trendMode feature? Looks very interesting.

    I’ve been having huge success with the scalper strategy using slightly different settings, but don’t think the trendMode would work well with it. Looks like it’s more suited for the bigger strats like Default.

    • Joe Stevens - Posts:
      October 8, 2015
      Reply#96

      I use it with Default and Half-grid, working very very well so far.

      • Shedrack - Posts:
        October 10, 2015
        Reply#97

        Do you think this EA can work perfectly on $500 account trading on 10 currency pairs?
        If Yes, please recommend a setting.

      • Edvin - Posts:
        November 1, 2015
        Reply#98

        Joe,
        When using trend mode, do you use lot multiplier with that too.

      • Edvin - Posts:
        November 1, 2015
        Reply#99

        Joe,
        I meant pip step multiplier.

      • William - Posts:
        January 9, 2016
        Reply#100

        Joe, I just purchased FlexEA. and I am looking for someone with experience to give me a 30 to 60 minute consultation over the phone to go over the system and strategies. I will pay for the consultation. Would you be available.

        • Joe Stevens - Posts:
          January 11, 2016
          Reply#101

          What do you need to know? Most of the questions could probably be answered here.

          • William - Posts:
            January 11, 2016
            #102

            I started about 12hrs ago and I am doing FlexHybird with the settings it comes with on 14 pairs. No trade has been triggered. Is this a good strategy or should I change something ?

          • William - Posts:
            January 11, 2016
            #103

            The lot size is set at .04, that seems very small. How is lot size calculated ?

    • Mike - Posts:
      October 8, 2015
      Reply#104

      Tiltme, mind sharing your scalper settings please?

  • John - Posts:
    September 24, 2015
    Reply#105

    Anyone interested in setting up a US based traders private chat group focused on using for this EA? Email me at jmhanna28@hotmail.com, lets put our heads together and get the most out of this EA.

    • John - Posts:
      September 24, 2015
      Reply#106

      By the way put forex flex chat group in the subject….Thanks

  • Mince - Posts:
    August 19, 2015
    Reply#107

    Hi
    What happened to the previous reviews that asked for Flex not to be sold anymore? 🙂
    Also, if some very serious traders want to make a private group so we share our tips, settings, observations, management, of Flex EA, please contact me on mince@yopmail.com . I can then give my skype. Experience with Flex EA needed, or big account / big desire to archieve profit !

    • Joe Stevens - Posts:
      August 19, 2015
      Reply#108

      I don’t think Flex has to worry as much about brokers starting to fight it’s success like the old days of Asian scalpers. But I get the sentiment of wanting to keep something that makes you money private 😉

      As for the private group thing, I’ve actually been thinking about setting something up on the site for that. Like a private little Flex forum to share settings/strategies/results. The strategies included with it are great, but I know there is some of you out there I’ve talked to with even better ones. Question is, would they be willing to share? 😛

      • Randomuser - Posts:
        November 11, 2016
        Reply#109

        Hi Joe

        Just wondering if you set up a private group for this EA.

  • David Mac - Posts:
    August 18, 2015
    Reply#110

    Question For Nico…Is that Real or Demo Account? And What Broker are you Using?

  • Nico - Posts:
    August 17, 2015
    Reply#111

    Here is my Flex trading Default strategy on 20 pairs. I literally just opened 20 charts, put Flex on all of them and changed NO settings. Here is the result.

    Flex Default Results

    • julius - Posts:
      August 18, 2015
      Reply#112

      if you trade this way, sooner or later you will BLOW your account

      • Nico - Posts:
        August 18, 2015
        Reply#113

        This isn’t a full blown grid trading EA like Forex Hacked, it’s much much different.

        Each chart has a 10% DD stoploss, and only 4/20 are allowed to have open trades at the same time. I haven’t even come close to hitting the 10% DD on any of my charts in over 6 months of trading Flex.

      • Christopher - Posts:
        August 18, 2015
        Reply#114

        I am actually trading 25 pairs on Flex Hybrid with the out of the box settings, and am seeing similar results. I’ve been trading small lot sizes as shown on this screenshot, and am thinking of increasing them. Flex Hybrid does not add trades to its basket until strict conditions are met, so there is less risk than with full grid trading. I’ve been very happy with it so far.

    • Mike - Posts:
      August 18, 2015
      Reply#115

      Very nice Nico, can you please post what 20 pairs? Is it the 10 Steve says are best in read me file? And if yes what are the other 10?

      TIA!

    • coolheat - Posts:
      August 19, 2015
      Reply#116

      who do you trade with

    • Stephen - Posts:
      August 24, 2015
      Reply#117

      Hi Nico,
      You mentioned that you’ve changed no settings using the default settings? And that includes lot size? Is the EA determining lot size, as well?

    • david - Posts:
      September 22, 2015
      Reply#118

      nico,

      to put the same strategy on 20 pairs, don’t you have to change the magic number?

  • Donaldson - Posts:
    August 8, 2015
    Reply#119

    Ugh I’m just praying for the day this thing is no longer for sale. It’s making me way too much money and the longer it’s available to the public the greater the chance that could all end. I wonder if I could pay the vendor enough to stop selling it lol.

    • Sidsix - Posts:
      August 8, 2015
      Reply#120

      Shhhh!

  • Elewode Timothy - Posts:
    July 30, 2015
    Reply#121

    Please is there any setting that I can use to make at least 100% profit using flex?

    • Joe Stevens - Posts:
      July 31, 2015
      Reply#122

      Of course there is, but you must first ask yourself if you’re willing to risk at least 50%+ of your account in the process?

      You could run Default strategy on 20+ pairs, and increase Max_Charts to 10 with 0.5 Risk.
      Or run Full-Grid on 10 or so pairs, low risk and Max_Charts 10

      You could essentially make 100% with any of their strategies if you can handle the risk.

  • tradingshed - Posts:
    July 29, 2015
    Reply#123

    Hi, I am having trouble with Flex, is interfering with other EAs and modifying their orders. I have tried to contact the vendor for weeks with no success. Anyone else with the same problem? Did anyone manage to get support from the developer?

    • Joe Stevens - Posts:
      July 31, 2015
      Reply#124

      You may be blocked by a spam filter, I know they were having issues with a few certain ISPs not getting through to them. Try emailing them via another domain email.

      As for your modify problem, are you by chance using the trailing mode?

  • Lee - Posts:
    July 28, 2015
    Reply#125

    Is it possible to set a max pips drawdown instead of % of balance?

    • Lee - Posts:
      July 28, 2015
      Reply#126

      …or an actual stoploss per trade in pips at least

  • Sidsix - Posts:
    July 24, 2015
    Reply#127

    Loving this FlexHybrid strategy, keeps pumpin out wins with minimal drawdown. Im curious to try the other strats too but can’t pull myself away from this one.

    • Christopher - Posts:
      July 25, 2015
      Reply#128

      Are you using the out of the box settings on the FlexHybrid? I’ve been running the other strats for the past month on a demo account. Scalper, Half Grid and 3X Retrace trigger more trades but you have to be ready for steeper drawdowns. All but one (so far) recovered nicely, but not for the faint of heart.

      • Sidsix - Posts:
        July 25, 2015
        Reply#129

        Yes out of the box settings for FlexHybrid, but changed risk to 0.3 and DD_stoploss to 30 trading on 20 pairs.

        I find the scalper more dangerous than the other 2 you mentioned. It’s great to pile in some quick cash with the scalper, but it can just as quickly get you in trouble.

  • Darien Fawkes - Posts:
    July 21, 2015
    Reply#130

    Two questions:
    1. is it better to use drawdown percentage or stop loss as a way of money management?
    2. i set my virtual trade to 1 and it seems to be trading well.. however the default was 6. is that ok?

    • Joe Stevens - Posts:
      July 24, 2015
      Reply#131

      1. I use the DD_Stoploss percentage which is based on a per chart basis now. The 2xRetraceSL strategy uses a 100-120 pip stoploss and seems like it could be a great long term earner though, just not as big in profits. If you plan on using the real stop loss in pips, don’t set it too low or it will crush your profits.

      2. Setting virtual trades to 1, is essentially turning Flex into an almost full martingale EA, which is fine and can make a lot of money but can get risky very quickly. If you’re going to trade like this, I suggest using the lowest risk possible.

  • Doug - Posts:
    July 17, 2015
    Reply#132

    Hi guys I am a Forex trader and have tried out many robots in the past and none of them have worked so before I buy and try the Forex Flex EA I would like to know if this EA is really winning on a consistent basis. I have looked at all the trade results on myfxbook, but have seen the same type of results with other bots I have tried in the past on a demo account and did not get the same results. Also the new Flex EA 3x Retrace strategy with an 83% win rate looks good so please give me some feedback guys so I can decide if I am going to buy this EA or not.

    • Joe Stevens - Posts:
      July 24, 2015
      Reply#133

      This EA is based more so on mathematics than anything else, so there is no reason why demo results won’t transfer to real at almost 1:1 unless your broker is playing you.

  • robert rawson - Posts:
    July 16, 2015
    Reply#134

    At 17:00 the 3X account opened (the myfxbook one) opened 2 cad trades, the drawdown got well over 30% as I watched it all day. My own opened the same trade yesterday as the 3X, but today opened no trades, while the myfxbook one opened a cad, nzd/usd and nzd/jpy, so has 3 pairs with 3 open trades.
    I think mine is set to wait 1 minute before opening trades, but if you look at the 3X you will see 2 trades opened that minute (doubling Lots). Hope it recovers for the guys sake who owns the account

  • brierley - Posts:
    July 16, 2015
    Reply#135
    • Joe Stevens - Posts:
      July 24, 2015
      Reply#136

      I believe that account uses Half-grid strat.

  • robert rawson - Posts:
    July 14, 2015
    Reply#137

    Hi,
    I am thinking of changing to 3X retrace, but because I don’t know how reliable the VPS is I am using 2X retrace. If I resave the templates to 3X can I add a stoploss like 2X does or will it ignore. The VT can be changed but can SL? Thanks. Asking before I try, as I logged into the forexflex website but there was no ‘contact us’ inside the members area. If I can add a SL for safety to the VPS MT4 I think I will. The results from 3X are better, and doubling instead of tripling will give me more profits…with the VT8 I use. I even started a myfxbook of my account. I think it is a great tool.

    • Joe Stevens - Posts:
      July 24, 2015
      Reply#138

      If your VPS can run 2x retrace, it will have no problem running any other Flex strats.

      You can add a stoploss to 3x retrace, just select it from the strategy list, and then enter a RealStopLoss.

  • mic - Posts:
    July 10, 2015
    Reply#139

    Hi everyone i just purchase flexea..pls any can share a stratege &good setting for account of $400.

    • Christopher - Posts:
      July 10, 2015
      Reply#140

      Since you have only 400 dollars, it’s important that you let it calculate the lot sizes for you, which it does on the basis of the size of your account. If you leave it at the settings that are already preset, then it will do this for you.I bought it last week, and traded the default strategy on a 3800 dollar demo account. It traded it up to 3900 within 5 days taking three or four small trades. I then added yesterday the Scalper setting, and it took four or five pretty risky trades (which it eventually won by adding to the positions martingale-style) bringing the account up to 4062. I’m satisfied with this, though since I am conservative, I’m not sure I’m going to run the Scalper right away on the live account. On long trades, it seems to work by catching falling knives and then scaling in with larger and larger lot sizes martingale style until it can squeeze out a small profit when there is a pullback. The gurus tell you not to trade like this. If I want to sleep at night, it’s probably good advice.

      • Mike - Posts:
        July 13, 2015
        Reply#141

        Hi Christopher, great name BTW…one of my favorite Saints!

        No, it just increases the lot size. I am getting quite a few and trades regularly but have not counted exactly. It just varies depending if does the additional trades, etc. This is the overall most consistent EA I have used since 2008.

        Happy Trading!

    • Mag - Posts:
      July 12, 2015
      Reply#142

      Yes I also bought it but see no set files in the package, how do I know what settings to use to trade the different strategies? Am I missing something?

      • Mike - Posts:
        July 12, 2015
        Reply#143

        When you click on the strategy you want to use the EA will use those settings that are for that particular strategy. I personally like the newer FlexHybrid strategy the best.

        Happy Trading!

        • Mike - Posts:
          July 12, 2015
          Reply#144

          Mag, to add that is all you have to do…the settings will be the default of strategy in background even though will show diff when looking at input tab settings. You can verify because some things like # of buys or sells will show on chart window for the strategy you are currently running.

          I did really well with gap down today on GBP/JPY and good thing I had 100% DD. Too close for comfort though on that pair and just added it since Julius mentioned so thanks again Julius but I took down the extra GBP pairs you mentioned for now. They made money but seems more risky than the 10 pairs forex flex list under documentation so just sticking with that now with flexhybrid, 100% DD and 0.7 risk. Joe mentioned that 100% DD and it’s working so pulling out profit already to do it again!

          Happy Trading!

          • Mike - Posts:
            July 12, 2015
            #145

            I think what others are missing about this EA and one reason why it is so successful is it closes all trades on all charts when at overall 1% gain. That’s also another reason the 100% DD ends up working out…

          • Christopher - Posts:
            July 12, 2015
            #146

            Mike, does cranking up the risk increase the number of trades? How many trades per week is flex hybrid giving you?

  • robert rawson - Posts:
    July 7, 2015
    Reply#147

    Hi guys, I just bought it because of all the reviews here. Struggling with what settings to use to be conservative. I will set up a VPS on my $1330 account ECN go markets in the next couple of days.
    I think 7 pairs with 2X retrace, 3% drawdown, 18% a month so far…by the myfxbook. From what you guys are saying the flexhybrid is the other best one.
    But how come there is no myfxbook – even for a month or two? And how come the 99.9% backtests cannot be clicked on to check out?
    But if flexhybrid does as good as default 2 it should not be a problem. I am conservative and want about 100% a year, managed fx guys always lost my money and wanted 30% commission. Robots always lost. And trade copiers were $100+ a month. This was a spur of the moment decision. Hope we all profit.

    • Christopher - Posts:
      July 7, 2015
      Reply#148

      Robert, I also bought it because of all the reviews. I began the flex default on a demo account last Thursday with the “out of the box” settings. It seems to be behaving quite conservatively for me so far. To date (5 days) it has only opened and closed 4 long EUR/USD trades for an average of about 7 pips each. I guess it depends on what size you’re trading, but at 0.1 setting, it’s not much. In any case, it’s 4 for 4, so I’m not complaining.

      • robert rawson - Posts:
        July 13, 2015
        Reply#149

        I’m doing well with it so far. The 2X is what I have on. I tested it (live) with flexhybrid, and it stayed open over the weekend on the flex, which I don’t want to do again.
        My settings are conservative. VT=8 (was 7 first night and gbpused opened 4 martingales to win $100) so I set them all to VT8 to feel safer. have 14 pairs on 2X, VT=8, risk=0.02, 4 positions not 5-the5th martingale will destroy account if it goes bad, and equity not balance, charts 3…too many at once if things go bad can = DD. maybe they are misnamed these strategies, from trades on myfxbook and mine. The 2X goes 00.1,0.03,0.09.027… and the 3X goes 0.01,0.02 etc…

    • Mike - Posts:
      July 12, 2015
      Reply#150

      Hey Robert, The myfxbook are on home page: http://forexflexea.com/

      • robert rawson - Posts:
        July 13, 2015
        Reply#151

        Hi Mike,
        It was just the Flexhybrid that I could not find a myfxbook for.
        I like the 2X has a stoploss, and in reality actually increases lotsX3. I notice now that it is called 2X because it will only increase martingale twice. I use low risk 0.02 and 4 martingales with VT=8

        • Mike - Posts:
          July 13, 2015
          Reply#152

          Hi Robert, the FlexHybrid is on myfxbook from the home page link I posted. It mentions in description that changed from default to FlexHybrid in June when it was created. It’s fantastic! http://www.myfxbook.com/members/forexfbi/Forex-Flex-EA-Real2-ForexFBI/889543

          I am trading all 10 pairs vendor list on documentation and so far doing better than the myfxbook account.

  • Christopher - Posts:
    July 6, 2015
    Reply#153

    The first trade that Flex opened for me was a long EURUSD at the Asian open (7/5). I wonder if there is a script in the algorithm that instructs it to buy the gap? Also, I am wondering when it will close the trade to lock in a profit. (I am using the default settings.)

  • Julius - Posts:
    July 4, 2015
    Reply#154

    Also forgot to mention, flexhybrid is a lot safer than default. it opens the 1st trade and than only open the 2nd trade if a similar condition met, usually after 70 to 100 pips. Unlike default open 2nd trade after 21 pips.

    e.g 1st = 0.01, 2nd= 0.03 3rd= 0.09 i found 70% trade closed with 1st trade, 28% trade closed with 2nd trade, only very rare closed with 3rd trade.

    i found gbpnzd, gbpaud, gbpjpy, gbpchf trade often and profitable due to the nature of the currency, a lot of ups and a lot of downs, very volatile. gbpcad is the one closed with 3rd trade. but still very low risk.

    hope that helps. good lucks

    • Christopher - Posts:
      July 4, 2015
      Reply#155

      Hey, thanks for the information!

    • Mag - Posts:
      July 22, 2015
      Reply#156

      Thanks for your advice, these pairs work well!

  • Panther - Posts:
    July 3, 2015
    Reply#157

    could anyone please share his beautiful setting with us pls. final for best result cause am loosing instead of gaining.

    Thanx to All

  • Scarpips - Posts:
    July 2, 2015
    Reply#158

    My first month of Flex was a huge success. This is one EA I won’t be refunding that is for damn sure.

    • Mike - Posts:
      July 2, 2015
      Reply#159

      ForexFlex is ZZZZZZ BEST!

    • Christopher - Posts:
      July 4, 2015
      Reply#160

      I recently bought ForexFlex and am running the default settings on the six major pairs in a demo account right now. (It has not opened a trade during the two days it’s been up.) I’ve been reading the posts and am curious why people prefer to turn the risk way up. I don’t want to blow out my account right away once I go live. Can someone explain to me the advantage here?

      • Julius - Posts:
        July 4, 2015
        Reply#161

        1. go for the flexhybrid
        2. use a ECN account,
        3. use risk 0.2
        4. i trade 15 currencies at the same time, but max only 4 charts will be trading at any one time – default setting
        5. it is very safe with this setting and profitable too

        • brian low - Posts:
          July 4, 2015
          Reply#162

          which pairs do you trade

    • Manoj - Posts:
      July 7, 2015
      Reply#163

      Can i know which setting u r using

  • Derreck - Posts:
    June 29, 2015
    Reply#164

    Anyone trading the Flex EA 3x Retrace strategy? Did you copy the good trading today shown on the myfxbook?

    • Yuri - Posts:
      June 30, 2015
      Reply#165

      I am, and yes it did pretty much match the trades on their 3xRetrace account. Thanks Greece 🙂

    • dirk - Posts:
      July 2, 2015
      Reply#166

      Been trading a mix of x3Retrace and FlexHybrid strategies on 20 pairs… This week has been unreal so far. I’m watching my fap turbo, rev trader and others just get destroyed this week because of the Greek volatility, but Flex is just thriving in it.

      I love the fact it has over 10 strategies to chose from, very addicting robot to trade with let me tell you lol.

  • Mike - Posts:
    June 24, 2015
    Reply#167

    Hey Kim and others regarding 100% DD. I feel same as what Joe wrote regarding this, especially the way the new FlexHybrid Strategy works. When account reaches 100% profit I will withdraw profit.

    Here again is what Joe wrote:

    “I assume you’re using the default risk and stop out percentage of 40% as well? I personally don’t like the 40% stopout and prefer to just risk it all in true grid fashion. The 40% stop and running anything medium risk or higher gives Flex very little room for error. Just withdraw profits every double up or so, any account wipe should just be considered like a losing trade. If done right you should have more double ups than account wipes.
    You can also go the route of letting the account grow and grow. The bigger the balance the longer it can last through big swings. But this ends up resembling stock trading, the question becomes when do you get out with your profits before it’s too late?

    Happy Trading!

  • Ben - Posts:
    June 24, 2015
    Reply#168

    I’m not sure I understand why you would set StopLoss_DD to 100%. If a pair has gone over 50% in drawdown, and you are trading the FlexHybrid strategy, it has attempted to do 3 trades in grid fashion, all the trades would be heavily under the water and unlikely to come back for a significant time. Wouldn’t it be more prudent to just close the trades around the 30-50% mark and start again?

    I have the risk turned way up for the Default strategy, trading on 10 pairs, but only 2-3 charts maximum at any point in time (as I think it is rare to get 4 or more trades at once so higher risk is better, with fewer consecutive trades). The EA trades beautifully and drawdown doesn’t generally exceed more than 15%. It seems better to me to put your drawdown maximum near where 90% or more of typical trades run to.

    To me risking your entire balance doesn’t seem worth it beyond a certain amount of drawdown. Or perhaps I am missing something… I would be interested in other peoples view…

    • julius - Posts:
      June 24, 2015
      Reply#169

      strongly agree 100% is far far too much. i do find flexea 2.3 is very stable but still think the 1.0 risk and default 6 vt is not safe enough. i use 0.4 / 0.5 risk and default 7. that way, i can sleep and no worry. also, test your brokers, it acts very different with different brokers. ECN is STRONLY recommended.

      i trade both default and super preceise at the same time with all 10 pairs, so total 20 pairs. default vt=7, risk = 0.5. super precise VT=8, PS=22, risk = 0.4. dont trade very often but 90% win rate. very stable and profitable.

      I lose a lot money before because i over trade the account and want quick money, but after all 20%-30% is very doable with risk = 0.4 / 0.5.

      • Mike - Posts:
        July 8, 2015
        Reply#170

        Thanks Julius, I added all the GBP pairs you mentioned to run FlexHybrid on. That is the strategy I personally reco with all default settings except risk at 0.7 and DD @ 100%.

  • Mitch - Posts:
    June 23, 2015
    Reply#171

    what is Flex EA setting for 3x Retrace

  • Mike - Posts:
    June 22, 2015
    Reply#172

    John, it is very easy…

    I reco for starting out (and what I do even after using EA’s since 2008) just use the new FlexHybrid Strategy with all default settings except me personally I changed risk to 1. and DD 100%…changed nothing else and running on all 10 charts that vendor recommends.

    Get a VPS!

    Overall great broker IMO to use Flex with is TradersWay, ask for Joe Carney and tell him Mike sent ya. He has best customer service in the industry bar none!

    I have used just about every EA and top manual trading systems out there and Flex is currently my overall favorite! Especially with the 75% off, great deal…all IMO!

    Happy Trading!

    • Kim - Posts:
      June 24, 2015
      Reply#173

      Hey Mike,

      Does DD 100% means you could wipe out the entire account? How do you know when to withdraw your money to protect against that?

      • Mike - Posts:
        July 12, 2015
        Reply#174

        Yes it does, withdraw when profit when reaches 100%…so far this strategy is working for my investment but it’s just one of many…best of luck to you!

  • Sekac - Posts:
    June 22, 2015
    Reply#175

    FlexHybrid is the best thing that’s happened to me this year. Thing is just churning out non-stop winners everyday.

  • john duffy - Posts:
    June 20, 2015
    Reply#176

    I’m newer to Forex and have never used an EA (or bot). I am interested in Forex Flex. Is this an easy to use and understand for a relative Forex rookie? Any input is appreciated. Thanks…

  • Stephen - Posts:
    June 15, 2015
    Reply#177

    I’d appreciate if someone could explain why the higher the account balance the lower the leverage should be. For example, on the FH website it is suggested that account leverage should be set at 100:1 or 200:1 for accounts over $5000 and higher leverage for smaller account sizes. Thanks in advance for any guidance offered.

  • Michael - Posts:
    June 10, 2015
    Reply#178

    So trending will also be overrules by the “close all trades when floating trades reach this pct?”

    • Timothy - Posts:
      June 13, 2015
      Reply#179

      Please how can I install forexflex robot on android

  • tellanup - Posts:
    June 10, 2015
    Reply#180

    I have setup more than 20 pairs with super precise setting as back tests looked very promising

  • Michael - Posts:
    June 9, 2015
    Reply#181

    can somebody tell me the exact mean of this:
    close all trades when floating trades reach this pct?

    does this mean it overrides the tealtakeprofit?

    • Joe Stevens - Posts:
      June 9, 2015
      Reply#182

      Yes, it will.

  • MEF - Posts:
    June 8, 2015
    Reply#183

    Can I trade with this software with Forex.com?

  • Michael - Posts:
    June 8, 2015
    Reply#184

    Would you mind sharing your settings?

  • Mike - Posts:
    June 5, 2015
    Reply#185

    New FlexHybrid working nicely thus far!

    • brierley lowe - Posts:
      June 6, 2015
      Reply#186

      tell me more about what the hybrid function

      • Mike - Posts:
        June 7, 2015
        Reply#187

        Bri,

        Info from vendor:

        New Strategy “FlexHybrid” added. We’re very excited about the potential of this. This uses similar settings as the Default to open it’s first trade, but then any additional basket trades after that are only opened after those same conditions are met again, and again. This results in trades being very spread apart in a dynamic fashion within the basket allowing to survive in the worst of times. This is a very safe setting to use, however expect to have trades left open for days, maybe even weeks in rare cases. FlexHybrid is a good strategy to trade with 10 charts, on 0.1 – 0.5 risk with Max_Charts of 4-5.

  • Mike - Posts:
    May 29, 2015
    Reply#188

    So Joe, you set default at 100 but do you leave the floating TP at 1%? or change to 5% like JJ?

  • Mike - Posts:
    May 28, 2015
    Reply#189

    What are the settings for this demo account: http://www.myfxbook.com/members/forexfbi/Forex-Flex-EA-Acct4/901582

    I would like to match…

    TIA!

  • Mike - Posts:
    May 28, 2015
    Reply#190

    JJ, I also notice you have floating to not close until 5% instead of default 1%. So you actually have no stop loss if at 100% right? and waiting for bigger close with floating 5%?

  • Mike - Posts:
    May 27, 2015
    Reply#191

    Thanks again JJ, I loaded your sauce and it’s set right regarding trailing, etc. Looking forward to some gains! I lowered risk for now…only thing I changed. So you think it’s better to set DD at 100% rather than the default 40%?

    Thanks a bunch!

  • Andre - Posts:
    May 27, 2015
    Reply#192

    Whats happening to the Forex Flex EA Real2 ForexFBI trades in myfxbook? since OCT 2014 is is almost not moving?

    • Joe Stevens - Posts:
      May 27, 2015
      Reply#193

      I flat-lined the risk on a VPS, then completely forgot about it as I became extremely busy. I will turn it back up a bit.

      • brierley lowe - Posts:
        June 6, 2015
        Reply#194

        Hi Joe can you tell me what settings you were on when your real account was running and what pairs were your testing on

  • Mike - Posts:
    May 27, 2015
    Reply#195

    JJ, why does your settings say “trailing = 1” instead of false or true? Does it change to that if you select “your own settings” as strategy value?

    • JJ - Posts:
      May 27, 2015
      Reply#196

      Ahh I dunno but it’s supposed to be ‘off’. I guess 0=on and 1=off according to MT4.

  • David - Posts:
    May 27, 2015
    Reply#197

    So JJ Do we just enter the set file in the robot settings or what? please Explain?

    • JJ - Posts:
      May 27, 2015
      Reply#198

      Right click the link and save as. Then when you attach Flex to a chart, on the inputs tab click the Load button and browse to where you just saved that .set file and it will change all the settings accordingly, then click ok.

  • Mike - Posts:
    May 27, 2015
    Reply#199

    Thank you JJ, NICE!!!

  • Nic80 - Posts:
    May 27, 2015
    Reply#200

    This is a great ea

  • John - Posts:
    May 27, 2015
    Reply#201

    FXDD transfered all retail accounts to FXCM.

  • JJ - Posts:
    May 26, 2015
    Reply#202

    http://i.imgur.com/o0Tid43.jpg

    My results with Flex after 10 days with my secret sauce settings 🙂

    Set file: http://forexfbi.com/settings/FlexEA-Secret-Sauce.set

    I’m trading 22 pairs with this on a $5k account with 1:400 leverage. The main difference here over the default settings is virtual trades set to 7, real trades lowered to 3, and trading a lot more pairs obviously 🙂

    • Julius - Posts:
      May 26, 2015
      Reply#203

      share your secret setting? looks very interesting

    • David - Posts:
      May 26, 2015
      Reply#204

      So JJ What is this/These secret sauce settings??

    • Mike - Posts:
      May 26, 2015
      Reply#205

      Please share your settings!

      • JJ - Posts:
        May 26, 2015
        Reply#206

        I got Joe to update my original comment and add the set file.

        • Kelm - Posts:
          May 26, 2015
          Reply#207

          Hi JJ / everyone.
          Your results are a breath of fresh air to my mind. Quick summary I opened a $10k DEMO Acc. 20150429 with GCMFX. Trading DEFAULT only on AUD,EUR, GBPUSD – USDCHF & JPY Also (and clearly this is my mistake) XAUUSD.
          Results today are that the account has been stopped out 6 times and there is at the moment an Equity of $4583 Profit/Loss = $2560. There have been 260 trades in this time roughly (uncounted) Account History shows 30% of all trades are losses. Remember at this point, all pairs are trading the DEFAULT strategy only.
          In conclusion, Flex doesn’t trade all pairs!!
          I’ve been using EA’s since I first purchased FAPTurbo years ago. This isn’t something new or strange to me. I do see Flex as up there with the best & I will continue to take in great results like from JJ today & will succeed one day!
          Be carefull & trade well.
          Kelm.

          • Joe Stevens - Posts:
            May 28, 2015
            #208

            I assume you’re using the default risk and stop out percentage of 40% as well? I personally don’t like the 40% stopout and prefer to just risk it all in true grid fashion. The 40% stop and running anything medium risk or higher gives Flex very little room for error. Just withdraw profits every double up or so, any account wipe should just be considered like a losing trade. If done right you should have more double ups than account wipes.

            You can also go the route of letting the account grow and grow. The bigger the balance the longer it can last through big swings. But this ends up resembling stock trading, the question becomes when do you get out with your profits before it’s too late?

  • Ben - Posts:
    May 22, 2015
    Reply#209

    I’m trying to clarify exactly how DD_StopLossPct functions. For example, if I have set DD_StopLossPct to 20%, does that mean that the maximum possible drawdown for that chart is 20% before it automatically closes all the trades for that chart only? If there are other charts they have their own settings so their trades are not affected, right? If you can clarify how that works I would really appreciate it.

    • Joe Stevens - Posts:
      May 24, 2015
      Reply#210

      If you set DD_StopsLossPct to 20 on GBPUSD, all your GBPUSD trades from Flex will close if their drawdown reaches -20% of your account balance(you can change this to equity in the settings). Trades from Flex on other pairs won’t be touched. I’m told a setting will be added in the next update to select if you want it to close all Flex trades, or just that specific pairs trades.

  • Mike - Posts:
    May 22, 2015
    Reply#211

    TradersWay accepts USA clients…

  • Ray Hackman - Posts:
    May 21, 2015
    Reply#212

    Joe, its been years since I traded the Forex. I’d like to try this. I’m in the U.S. – do I need to buy a broker account first and then buy this software? Can you recommend a broker account here in the U.S. I’ve had trouble ( very long delays) getting money from overseas brokers in the past. Appreciate your help- Ray H.

    • Joe Stevens - Posts:
      May 22, 2015
      Reply#213

      Have you checked out FXCM or FXDD? Both allow USA traders.

  • Mike - Posts:
    May 4, 2015
    Reply#214

    What do you think of all best pairs on v2 default and then extra chart with super precise for more gains?

  • Mike - Posts:
    May 4, 2015
    Reply#215

    Joe or others, Have you tested V2 Default to Default? Or is it too new to tell yet? I just started and did good with V2 Default last Friday.

    • Joe Stevens - Posts:
      May 4, 2015
      Reply#216

      I have not, but I do have plans to buy another VPS dedicated to Flex only. My plan is to setup 12-15 MT4 accounts trading 12-15 different strategies/settings. Basically a Flex only competition 🙂

  • Mike - Posts:
    May 1, 2015
    Reply#217

    Joe, do you have any long term results for the scalper setting?

    • Joe Stevens - Posts:
      May 3, 2015
      Reply#218

      No scalping is too broker sensitive and requires too much watching. I rather just set and forget with the default strat.

  • Mike - Posts:
    April 30, 2015
    Reply#219

    Joe, you say use the Default or V2Default?

    TIA!

    • Joe Stevens - Posts:
      May 3, 2015
      Reply#220

      Default

  • quinn85 - Posts:
    April 29, 2015
    Reply#221

    Just bought my 4th license of this, it’s been performing that well for me. Cheers for the review I would have never found this EA otherwise.

    • Kelm - Posts:
      April 29, 2015
      Reply#222

      quinn85,

      Good to hear about your sucess. How long have you been trading ForexFlex please ?

      I have had ForexHacked and the Russian harmonic ZUP indicator running for three years now. (seperately) FH makes real dollars but its always losing real dollars in the long run. I know I need to be more hands on with it but, that does defeat the purpose of an EA.

      We’re currently seeing a pretty stale USD, is this resulting in big drawdowns with Flex?

      Again good to hear about your sucess,
      Kelm

      • quinn85 - Posts:
        May 3, 2015
        Reply#223

        Been running Flex for 7 months.

        I currently have no drawdown with my Flex, and haven’t had much of any for the past few weeks. Most trades seem to close in profit relatively quickly.

  • JohnyPips - Posts:
    April 29, 2015
    Reply#224

    This thing just keeps getting better and better. v2.2 that was just released has some very cool new features. You can now essentially trade as many pairs as you want, and just set the Max_Charts setting to 4 or so. This way only 4 charts can have open trades at the same time. A lot of people gave this EA some slack cause of it’s lack of trading activity, well this certainly addresses that, and in a very clever and safe way.

    • Rohin - Posts:
      May 2, 2015
      Reply#225

      How are people finding the v2default strategy? I would love to see how that has been performing compared to the standard default strategy?

  • Jaime - Posts:
    April 8, 2015
    Reply#226

    Hi Joe, I just looking for comments about EA robots, I got in your page and read very good opinions about FOREX FLEX EA, so I bought it, and I receive it immediately, but when I try to install it in a demo account, something wrong happen so I could’n install it at all. Because there is not a phone # to call them and get some assistance, I send and email asking for help, but still I have not hear of them. What I should do? I still want to try it but i don’t know how. I bought it on april 6/15. Thanks in advance for your advice.

    • Joe Stevens - Posts:
      April 8, 2015
      Reply#227

      Hi Jaime, I would send another e-mail, they’re usually pretty quick to respond. I suspect it may have been lost in spam or never received. I’ve been getting responses within 24 hours for the past year with their support.

      As for your issue, did you activate your account number in your profile? Even demo accounts need activation.

      • lahimber - Posts:
        April 23, 2015
        Reply#228

        Hi
        I m using WinFx terminal & broker. Will forex flex be functioning on it? My terminal does not incorporate ex4 files. May I get mq4 file of forex flea ea ? Hw can I get coupon for discount ?
        Thanx.

        • Joe Stevens - Posts:
          April 28, 2015
          Reply#229

          It is Metatrader 4 only, sorry.

  • Panther - Posts:
    April 8, 2015
    Reply#230

    Hi Joe,

    i just bought Felx robot 1 day back V2.1 … kindly provide me with best settings.
    i want to make sure that its configured correctly … am using micro account starting with 600 $ . my broker TRADE-24.

    Thanks

    • Joe Stevens - Posts:
      April 29, 2015
      Reply#231

      Just use the default strategy, v2.2 is performing extremely well!

  • ELEWODE TIMOTHY - Posts:
    March 16, 2015
    Reply#232

    Please ,how does this robot choose or calculate the volume or lot size,is there anyway that lot size or volume to be traded could be input or fixed manually,thank you.

    • Joe Stevens - Posts:
      March 16, 2015
      Reply#233

      You can set it so it calculates lot size based on your current balance or equity. Or you can turn that money management off and use manually set lot sizes.

  • firdaus - Posts:
    March 2, 2015
    Reply#234

    I’m using fxprimus for my broker and mt4.does this ea can use with fxprimus?

  • vmp - Posts:
    February 26, 2015
    Reply#235

    Hello recently bought a license but I can not configure the me without pre error (INSUFFICIENT FOR LICENSE, REV.18-4513) if anyone knows me explain what to do thanked.

    • Joe Stevens - Posts:
      February 26, 2015
      Reply#236

      99% of the time this is because you didn’t activate your account number in your profile.

  • Ken - Posts:
    February 20, 2015
    Reply#237

    I was thinking of purchasing this EA but noticed the comments stopped on april 27th what happened. I would like to see all the thread up till todays date if that is possible?
    thanks

    • Joe Stevens - Posts:
      February 26, 2015
      Reply#238

      Are you talking about the comments of this post or somewhere else?

  • Hpar - Posts:
    February 7, 2015
    Reply#239

    is this thing still working? can it be optimized for other currency pairs besides what is already recommended? thanks.

  • Rick - Posts:
    November 24, 2014
    Reply#240

    Try the Super Precise settings, you won’t be disappointed 😉

  • dochoop - Posts:
    November 12, 2014
    Reply#241

    This is the best EA on the web.For those of you who were wondering,it does not take a lot of money for this EA to work.I have started a small account and it is working perfectly.These are the settings i have changed.
    MM on
    Stop Loss 5%
    Accuracy 90%
    Right now I am only trading EUR/USD.Should I ad GBP/USD since both pairs behave similar or should I wait until I have $300 or more dollars in my account?

    • bipo2521 - Posts:
      November 13, 2014
      Reply#242

      Hi dochoop.

      What strategy you use?

      • dochoop - Posts:
        November 14, 2014
        Reply#243

        Default settings

  • martin - Posts:
    November 4, 2014
    Reply#244

    Hi – have turned my Flex EA of as my broker has said it is sending hundreds of S/L signals to their servers, Is anyone else having this issue ? If not are you configuring your EA in any way to stop this, or what broker are you using , i am using Pepperstone , who up until this issue have been a great Broker, and i have been with them for 5 years.

    • Anthony - Posts:
      December 18, 2014
      Reply#245

      I use Pepperstone as well, did your multiple S/L issue get resolved?

  • Simao - Posts:
    October 31, 2014
    Reply#246

    Support just answered all doing good now. Just a question, mine seems to be entering later than yours. I see that todays USDJPY have already closed on yours and the EA entered on lower price than mine, why is that?

  • Simao - Posts:
    October 27, 2014
    Reply#247

    what’s your support julius?

    • Julius Tsui - Posts:
      November 1, 2014
      Reply#248

      i am new to trading, but now this is my main focus. i aim to build a low risk constant small profit configuration. i will share my config once i done enough testing. stoploss – the most important., 10-15% max

  • Ramon - Posts:
    October 25, 2014
    Reply#249

    Hi All,
    Problem sorted Flex-Ea got in touch and sorted the problem.
    Trading now with success thanks

  • Julius Tsui - Posts:
    October 24, 2014
    Reply#250

    I use the following configuration and have around 20 to 40 trades per days and around 3-4 % daily return.
    – strategy : Scalper
    – risk : 4
    – accuracy : 79
    – leverage : 1:50 (very conservative, just change to 1:75)
    – i really strongly do not use very high leverage, very risky. i tested it and make money very fast, unless you have a lot of capital in the account, otherwise it will call margin and wipe out the entire account. it happen to me a few times before i learn

    again, leverage is very important, i really suggest you start from 1:50 … and increase it after 1 week…

    Also VPS is a must
    – ensure you enough CPU, i ran multple MT4 in the account and run out of CPU and am sure lost trades

    final words
    – plenty of capital (dont trade all 6 pairs if you do not have enough)
    – start with low leverage
    – VPS with fast cpu
    – you have to ensure that your setup can cope with market rally and you feel comfortable to go to sleep or go on holiday

    • Owen Edwards - Posts:
      October 26, 2014
      Reply#251

      Julius what pair or pairs are you trading

      • Julius Tsui - Posts:
        November 1, 2014
        Reply#252

        major. eurusd, audusd, gbpusd, usdcad, usdjpy, usdchf etc.
        test on a DEMO account 1st. i have made some money but market rally can wipe out a lot. so STOPLOss … i am testing an enhanced strategy. will share it once i have enough testing.

    • Owen - Posts:
      October 28, 2014
      Reply#253

      Julius how many pairs are you trading to achieve that daily return

      • Julius Tsui - Posts:
        November 1, 2014
        Reply#254

        6 pairs. please ensure you set the stoploss to no more than 10-15% of your account balance. i am still enhancing the configuration.

        the configuration has to be abble to cope with market rally. still testing…. take more time

    • Mike Schosser - Posts:
      February 26, 2015
      Reply#255

      What timeframe are you using?

  • Simao - Posts:
    October 19, 2014
    Reply#256

    Hello,
    I’m looking to buy this robot, but i have a few questions.
    Does it work on Ironfx broker?
    For this Acct4, what’s the risk setting, i see it’s medium, but on other comment you mention levels in numbers? And how about the volume?
    Have you tried with silver, gold or oil?
    I’m thinking to start with a $800 account, is it enough?
    Thank you

  • martin - Posts:
    September 8, 2014
    Reply#257

    This EA really does work and believe me i have used many EA’s that have crashed and burned. I have reduced the default trading risk on mine to 0.2 using the default settings, it trades fine using the 0.5 default however when we see MAJOR shifts in currency prices then the EA can take you into major draw down. The reduction allows me to feel more comfortable when this happens, otherwise by the 5th trade you are into 2.1 Lot size. With the reduction trade 5 is only 0.68 ( my account size is 10k) -HOPE THIS HELPS SOMEONE

  • Drewski - Posts:
    September 2, 2014
    Reply#258

    Clearly people have not caught on how powerful this robot is. The results shown and strategies provided within the EA itself just scratch the surface of what this thing is capable of.

    Learn how to use this thing and I guarantee it will make you money.

    • liPip85 - Posts:
      September 3, 2014
      Reply#259

      No kidding, just look at the two trades it made on USDJPY today. +24% account gain combined and the trades were open for less than 24 hours, unreal!

  • tellanup - Posts:
    August 30, 2014
    Reply#260

    is this worth of the hype or not please share your experiences

    • Tony - Posts:
      September 2, 2014
      Reply#261

      Highly underrated EA, one of the best on the market in my opinion.

  • gofor - Posts:
    June 5, 2014
    Reply#262

    Hi Joe and All,

    Thanks for your reviews and I am seriously thinking of getting the Flex EA but before I spend my hard earned money,would like to know how you are doing with Flex at the moment, is it still profitable so far with default settings?

    I am in the US and would be using Oanda Mt4 and FXCM.

    Please let me know how you guys doing with Flex ea and if any concerns. Thanks very much.

    Gofor

  • Mike - Posts:
    May 20, 2014
    Reply#263

    Hello, should I use 15 min charts for all the strategies and all currency pairs?

    Also, I do not have to be concerned with GMT setting? Is it auto offset in background?

    Also, I saw a reference to adding indicators in indicator folder but only see EA for expert folder and dll for library…is that all and no indicator for indicator folder?

    Also, I don’t have to be concerned with NFA setting? I’m using MBTrading in US so only have 50 to 1.

    Looks like a very high grade EA you have here…I have used many others in past and use to do well with FAPTURBO but it changed.

  • Mike - Posts:
    May 16, 2014
    Reply#264

    Hey Joe, I have been using EA’s for years. Sounds like a winner here. I am on the notify list for silver. When do you think I can get a copy?

    Thanks!

    Mike

  • Rody - Posts:
    May 14, 2014
    Reply#265

    What’s the risk number that you put in for your top performing forexflexea account?

  • priya - Posts:
    May 10, 2014
    Reply#266

    when new copy available with discount? I want 6 copy of Flexya. Anynody reply me.

  • rahj - Posts:
    May 8, 2014
    Reply#267

    hi,

    In Flexya EA, lot size can we change or remain as it is? Why not update daily in myfxbook?

  • Professor53 - Posts:
    May 2, 2014
    Reply#268

    How can the EA do only HALF GRID trades?

  • Toto - Posts:
    April 28, 2014
    Reply#269

    Hi Joe, i noticed u have a demo running only GBPUSD with this Flex. May i know is it running with the Default setting? Any changes?

  • AK - Posts:
    April 24, 2014
    Reply#270

    Hello Joe Stevens. I see earlier that you started out almost a year ago qith $1600. I have a few questions:

    1. What is your net profit to date?

    2. What kind of leverage were you using to start (per pip)?

    3. Does the system use a SL?

    4. Are you using the default settings?

    Thanks in advanced for your responses.

    • Joe Stevens - Posts:
      April 24, 2014
      Reply#271

      1. Net profit on that account is $2050
      2. Leverage on that account is 1:500 I think
      3. I have the DD_StopLossPCT set to 40%
      4. Yes default settings

  • Ramon - Posts:
    April 21, 2014
    Reply#272

    Hi All,
    Does this software work on Mac?

    • Joe Stevens - Posts:
      April 22, 2014
      Reply#273

      If you can find a way to run MT4 build 600+ on mac then yes. Or just get a windows VPS.

  • FrankT - Posts:
    April 21, 2014
    Reply#274

    What about the risks with this EA? Is it a martigale strategy?I don’t understand these “virtual trades”, can these trades be seen? Are these a kind of shadow trades to see if the present settings/strategy are still successful?

    • Joe Stevens - Posts:
      April 22, 2014
      Reply#275

      The virtual trades can now be seen on chart. The default settings use a half-grid strategy, not full martingale. But you can set this thing up to trade any style you desire.

  • Andre - Posts:
    April 19, 2014
    Reply#276

    Hello,
    I just purchased the Silver Membership but I forgot to put the Easter Weekend Coupon for the 20% off 🙁 I already send a email to them but no reply yet and since this coupon is only for the weekend, any advice of what I should do to get the 20$ off?

    • Andre - Posts:
      April 19, 2014
      Reply#277

      They did a partial refund for the difference of the coupon so everything is ok. I did not try the EA yet but the customer service is great 🙂

      • Sandman - Posts:
        April 20, 2014
        Reply#278

        I agree. I emailed to ask about settings used in one of the myfxbook accounts and received a reply within a couple hours.

        I don’t know yet how the ea measures up, but the customer service really is first-rate.

  • Sandman - Posts:
    April 18, 2014
    Reply#279

    Precisely what are your settings for account 1?

    Are you running default with risk of 3 on a chart and also super-precise with risk of 8 on another GBPUSD chart?? Is that it?

  • bayon - Posts:
    April 18, 2014
    Reply#280

    hi Joe

    Do you recommend to use a VPS for this EA.?
    Is it very sensitive to connection issues.? thanks

  • Mike - Posts:
    April 18, 2014
    Reply#281

    Just purchased the product to try out. What is the good/safe minimum balance for the default settings using all six pairs?

    • Joe Stevens - Posts:
      April 18, 2014
      Reply#282

      I started with $1600 micro account at FXOpen on 1:500 leverage trading all 6 and it’s done me well for close to a year now as you can see.

  • eko - Posts:
    April 17, 2014
    Reply#283

    ve bought FLEXEA, why had 5 days not too Open Position?..’m trying in
    broker
    “master forex” who spreads & conditions equal to FX OPEN . tq .

    • Joe Stevens - Posts:
      April 17, 2014
      Reply#284

      No trades on my end either, from my experience with this EA this is perfectly normal during sideways market conditions like we’ve experienced so far this week. It trades the most during very volatile conditions or at the end of long swings.

  • KC - Posts:
    April 17, 2014
    Reply#285

    Anyone can go the EA website? I would like to purchase the EA but the wabsite is lost. anyone know where can I buy it?

    • Joe Stevens - Posts:
      April 17, 2014
      Reply#286

      It’s back up now

  • jet - Posts:
    April 16, 2014
    Reply#287

    Hi!

    What is minimum deposit amount for this robot?

  • Jon - Posts:
    April 16, 2014
    Reply#288

    So is anyone showing a notable net profit with this? Also, how does this EA trade when the market/s change?

    • Joe Stevens - Posts:
      April 17, 2014
      Reply#289

      Too early to tell for most it only just released a few days ago. It could take a week or longer to see your first trades especially with these sideways markets.

      • Ben - Posts:
        April 17, 2014
        Reply#290

        I would especially be interested in no-hassle, no fuss withdrawable
        earnings/profits

  • Paulo - Posts:
    April 15, 2014
    Reply#291

    With the default settings how much open trades with silver package?

    • Joe Stevens - Posts:
      April 15, 2014
      Reply#292

      If you trade all 6 currency pairs with default settings, you can expect anywhere from 20-50 trades per month. It is highly dependent on market conditions and how volatile things are that month.

      • Paulo - Posts:
        April 15, 2014
        Reply#293

        Joe and if i bought the gold package how can expect to trade? how many orders? and your advises are?

        • Joe Stevens - Posts:
          April 15, 2014
          Reply#294

          Gold wont trade anymore than silver, it just gives you 4 live accounts to use it on instead of 1 with silver.

  • David - Posts:
    April 13, 2014
    Reply#295

    Sounds good so far,,But a whole lot of these Robot do sound good on paper…Will someone please keep me updated on the performance..Been burnt too may times with these So called profitable Robots And this one’s pretty expensive too! It should profit !!…

  • Owen - Posts:
    April 10, 2014
    Reply#296

    Bought and loaded this up two days ago with no trades yet although i have smiley face and it says trading..Joe what time frame should i be using, i thought i saw 15 mins somewhere..

    • Joe Stevens - Posts:
      April 10, 2014
      Reply#297

      That is normal Owen, it will take a while to build up those background market monitoring trades. Once those are in full effect, you will start seeing trades.

      • Owen - Posts:
        April 10, 2014
        Reply#298

        Thanks so much Joe…

  • Moon Shaikh - Posts:
    April 10, 2014
    Reply#299

    I went to their site. But there is no much information like number of demos per license, MT4 600+ will work, list of currency pairs, time frame, name of developer & their past eas. I will appreciate if you could provide this information. Thanks – Moon

    • Joe Stevens - Posts:
      April 10, 2014
      Reply#300

      Its mt4 build 600+ compatible.

      Currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD but you could potentially run it on just about any pair you want.

      Timeframe: M15

      Not sure who the developer is exactly, I will try to get that information.

      • Moon Shaikh - Posts:
        April 10, 2014
        Reply#301

        Joe, you are just wonderful. What a quick response from one of the busiest person.
        I forgot to ask how many demos are allowed under each package. Also can I set it to fixed lot instead of auto MM.

        • Joe Stevens - Posts:
          April 10, 2014
          Reply#302

          It’s based on account number so it would be 1 demo or 1 live, but I’m sure you could e-mail in and ask for more demo accounts.

          • Moon Shaikh - Posts:
            April 10, 2014
            #303

            Thanks Joe once again. I just received email response from Steve Westwood, this ea’s developer from Canada. I will purchase this ea on 04/14/14.

  • Tony - Posts:
    April 10, 2014
    Reply#304

    Just wanted to let everyone know my experience so far in purchasing a silver membership. Signup and payment was a breeze and account was activated instantly.

    Downloaded and installed the EA (.ex4 and .dll), loaded it up on my account on 6 pairs using default settings. Took all of about 10 minutes.

    Support was quick to respond to my e-mail too. I guess we just have to wait and see how it performs which doesn’t appear like its going to be a problem.

    • Joe Stevens - Posts:
      April 10, 2014
      Reply#305

      Hey Tony,

      Congrats on your purchase, you’re going to love this bad boy 😉 I think they’ve got something very special here…

      • Kevin - Posts:
        April 27, 2014
        Reply#306

        Thanks for all of your great help and advice, Joe. I have owned Forex Hacked for years. It is the only EA that has been profitable for me. As you know, it can also be quite dangerous if not used properly. It looks like Flex has good profit potential with less risk than Hacked, and that appeals to me. However, Flex is also more expensive. In your opinion, is it worth the extra cost to purchase Flex when I already have Hacked?

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