Review Of The SelectFX Montana EA.
|Robot Name||Currency Pairs||Timeframe||Strategy||ECN||4&5 Digits||Take Profit||Stop Loss||Home Page|
|SelectFX Montana||EURUSD||H1||Trend following swing trader||True||Automatic||Dynamic||Dynamic||SelectFX Montana|
SelectFX Montana Results:
SelectFX Montana Licensing and Price:
49 euro for a 12 month license via PayPal
SelectFX Montana Strategy:
This system is an active swing trader – named for taking a ‘big sky’ view of the market
It is looking for major trend reversal points, major trend continuation and the larger ranges
When a move is big enough, the EA trades with it
Uses price action, many internal indicators and three included custom indicators
Trades target 50-150% of the current total daily price move and are typically open for 1-2 days
No optimization is needed
Profit factor high (1.7 – 4.5) depending on pair and prevailing market conditions
Relatively high earnings for a given lotsize, averages 1-2 trades each week
Strength of the system is an all-round reliability using several big signals for confirmation
Safe To Buy?
SelectFX Montana has not been officially approved for purchase yet.
Overall User RatingMarch 3rd, 2011 at 1:59 am -