Forex Robot Reviews

H-ESpider EA Review

Review Of The H-ESpider EA.

Released: 08/28/2012

Robot NameCurrency PairsTimeframeStrategyECN4&5 DigitsTake ProfitStop LossHome Page
H-ESpiderEURUSDH4counter trendTrueAutomaticDynamic40pipsH-ESpider

H-ESpider Results:

None just yet.

H-ESpider Licensing and Price:
$250 for 3 live and 3 demo accounts.Regnow is vendor

H-ESpider Strategy:
This strategy is based on harmonic impulses(my personal research).

I believe what we see in forex charts is a combination of harmonic waves and random noises.

For example in real world if we combine 3 harmonic waves we can make a music but final wave(the music) doesn’t seem like a harmonic wave. (You can see the final wave in most mp3 players).

In theory we can split the final wave to initial waves if we know the exact values of each one..

Values we need:

1-Landa(wave length)

2-Frequency of the pulses(for example drums beat)

3-Strength of the wave

This EA works like a radio.You should set the frequency you need and it scans all pulses to find that station.

If you want to listen to a particular station you don’t need to change the frequency of radio. in fact when you find the exact frequency you shouldn’t change it any more.

Back to forex:we assume default values as:

Landa=1-10

Strength=20-500

Frequency of the pulses=4X(H4 chart)

I f we have these values as pulses then we may have behind values as impulses:

Landa=1-24

Strength=20-60(TP can be 20-60 pips)

This strategy tries to catch pull backs of the current trend.So when market changes direction very fast- for example beacuse of news or etc- H-ESpider can easily catch the movment.When trend followers lose money in choppy market, H-ESpider can make big profit because of seesaw movements.

H-ESpider Recommended Brokers:
FX Open and Iam FX are two brokers to consider when trading with any EA. This vendor recommends the following brokers: Alpari ,Tradeort

Conclusion

Safe To Buy?

MAYBE

H-ESpider has not been officially approved for purchase yet.

Overall User Rating

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