Forex Flex EA Review And User Discussion 2022

4.5/5
  • Performance
    4.5/5
  • Support
    5/5
  • Ease of use
    4/5
  • Price
    4/5
  • Refund Policy
    4.5/5

Flex EA Review

Flex EA is a popular expert advisor (EA) for the MetaTrader 4 and 5 platform. It is a fully automated forex trading system that uses a unique set of algorithms to analyze the market and make trading decisions. The EA is designed to be flexible and adaptable to changing market conditions, hence its name “Flex EA”.

Flex EA is a popular choice among forex traders due to its flexibility and adaptability. One of the key advantages of Flex EA is its ability to use multiple trading strategies simultaneously. This allows the EA to capitalize on different market conditions and maximize profitability.

Flex EA also offers a range of customizable settings and parameters, allowing users to tailor the EA to their individual trading preferences and needs. This includes options for setting stop loss and take profit levels, as well as the ability to adjust the EA’s risk settings and money management techniques.

In terms of support and resources, Flex EA provides a dedicated forum where users can share experiences and discuss strategies, as well as a user manual and video tutorials to help users get started and make the most of the EA. Additionally, Flex EA receives regular updates to ensure it is always running the latest version and is able to adapt to changing market conditions.

Overall, Flex EA is a powerful and versatile forex trading solution that offers a range of benefits for both novice and experienced traders.

Forex Flex EA is an extremely flexible(hence the name) forex robot capable of many powerful things. It comes pre-loaded with 12 unique strategies that you can switch to within the EA by just a click of the mouse. It’s basically like having 12 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 Most other grid systems out there open trades with no specific market conditions required, or use very basic outdated indicators which has always proven to fail.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.

Flex EA 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. You will see the monthly gains range from 10% up to over 100% per month. While Flex can be setup to pump out 100% returns per month, it doesn’t come without high risk at these levels. Those kind of gains should not be expected to sustain month over month. If you’re looking for those kinds of gains, you better have an exit strategy to withdraw profits, and rinse and repeat. More sustainable long term gains are in the 10-20% range.

 

15 features of Flex EA

  1. Multiple trading strategies: Flex EA uses multiple trading strategies, including grid, martingale, and hedging, to adapt to changing market conditions and maximize profitability.
  2. Customizable settings: Flex EA offers a range of customizable settings and parameters, allowing users to tailor the EA to their individual trading preferences and needs.
  3. Advanced money management: Flex EA uses advanced money management techniques, such as dynamic lot sizing and automatic risk management, to optimize returns and minimize risk.
  4. Real-time updates: Flex EA receives regular updates to ensure it is always running the latest version and is able to adapt to changing market conditions.
  5. Support and resources: Flex EA provides a range of support and resources for users, including a dedicated forum, user manual, and video tutorials.
  6. Virtual trading: Flex EA offers a virtual trading feature, allowing users to test the EA on a demo account before using it on a live account.
  7. Detailed trading results: Flex EA provides detailed trading results on its website, showing the EA’s performance and profitability over a specified period of time.
  8. Multiple account support: Flex EA can be used on multiple accounts, with different pricing options available to suit different needs.
  9. Multiple currency pair support: Flex EA can be used on a range of currency pairs, including major, minor, and exotic pairs.
  10. Multiple time frame support: Flex EA can be used on different time frames, allowing users to customize the EA to their individual trading preferences and needs.
  11. Multiple broker support: Flex EA is compatible with a range of brokers, including popular platforms such as MT4 and MT5.
  12. Automatic trade execution: Flex EA executes trades automatically, allowing users to set and forget their trading strategy.
  13. Multiple language support: Flex EA is available in multiple languages, including English, Spanish, German, and French.
  14. Comprehensive user manual: Flex EA provides a comprehensive user manual, covering all aspects of the EA and its features and capabilities.
  15. 24/7 customer support: Flex EA offers 24/7 customer support, providing users with assistance and support whenever they need it.

 

What are some good Flex EA settings?

The best settings for Flex EA will depend on the individual trader’s goals, objectives, and preferences. However, some commonly used settings for Flex EA include:

Low risk settings: For traders who prioritize capital preservation and risk management, low risk settings can be used. This involves setting a low stop loss level and using a conservative money management strategy.

High profit potential settings: For traders who are looking to maximize profit potential, high profit potential settings can be used. This involves setting a higher take profit level and using a more aggressive money management strategy.

Multiple trading strategies: Flex EA offers the option to use multiple trading strategies simultaneously. This allows the EA to adapt to different market conditions and capitalize on different opportunities.

Customizable settings: Flex EA offers a range of customizable settings and parameters, allowing users to tailor the EA to their individual trading preferences and needs. This includes options for setting stop loss and take profit levels, as well as the ability to adjust the EA’s risk settings and money management techniques.

Overall, the best settings for Flex EA will depend on the individual trader’s goals and objectives. It is important to experiment with different settings and strategies to find the combination that works best for you.

 

How Flex 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. Not only are there now over 12 built-in strategies to chose from, there is now a private member forum where 100s of privately optimized .set files/strategies can be downloaded for free. This is where the value of a community really comes through.

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.

  • 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 12 unique built-in trading strategies that you can select with a click of the mouse.

These are just a few of the built-in strategies:

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

Flex EA

  • 1 Live Account License
  • Unlimited Demo Accounts
  • 12 of 12 Unique Strategies Included
  • Full Access To Private Forums with 100s of custom set files
  • 67% Off Coupon Code:
    FLEX67OFF
*regular $1059

$349

Flex EA + Correlated Hedge EA

  • 2 Live Account Licenses
  • Unlimited Demo Accounts
  • 12 of 12 Unique Strategies Included
  • Full Access To Private Forums with 100s of custom set files
  • Both Licenses Can Be Used With Either EA
  • 67% Off Coupon Code:
    FLEX67OFF
*regular $1515

$499.95

Conclusion

Flex EA is certainly something new and refreshing that this automated forex industry has desperately needed for years now. Another  invaluable part of Flex is their very active member forums that contains a load of fantastic information and including lots of very good private .set files. The information provided in this review is only scratching the surface of what Flex has to offer. Don’t be afraid of too many settings or too much to learn, there are boat loads of .set files you can download and simply plug and play that optimize all the settings for you. There is even a 30 day money back guarantee if you’re not happy.

Here is another Forex Flex EA review by FNT.

Forex Flex EA Twitter

Forex Flex EA Review

Visit ForexFlexEA.com

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