Review of the Profitable FX Cable Run EA
|EA Name||Currency Pairs||Timeframe||Strategy||ECN||4&5 Digits||Take Profit||Stop Loss||Home Page|
|Cable Run||GbpUsd||1 Hour||Short term trading||Yes||Yes||20 pips||No Stoploss!||www.profitablefx.com|
Performance (Cable Run EA Test Results)
Forex Cable Run is sold for 249$ through Paypal
Forex CableRun is a scalping Robot, most traders however would consider 20 pips target as short term trading and not scalping. We don’t have a copy of this software and most likely wont even bother testing it. But after studying their stats we found this robot strategy to be pretty simple, the EA opens a trading position during Asian session, sets-up what seems to be around 20 pips target, and guess what the stoploss is? NONE!
The EA would let a position sink down against it for 500 pips and even more if the market pushes through. Which makes the risk ratio this strategy uses one of the worst out there. AND on top on all of that, it adds to losing positions.
Cable Run Recommended Brokers
FX Open and Iam FX are two brokers to consider when trading forex robots.
The Forex Cable Run is a hold and hope trading strategy which is destined to blow up at any time. Simply put.
Safe To Buy?
The Forex Cable Run has not been approved for purchase, its because of it’s ridicules risk ratio and the no money guarantee Paypal method they use to sell their software.
Cable Run Overall Rating
I run the CableRun v3 on 2 demo accts. One at FXCM and one at FXDD, my previous demos proved well, but when i ran it on a real account, it ate up my margin, so, will keep testing with starting 3000 both accounts and will see how they perform for 1 year. I just setup the test tonight.
I actually find the EA very profitable when reading the Manual and using the correct settings (including lot sizes and currency pairs). 🙂
Try first running it on the cable and not on EURUSD 😀