Review of the Forex Eclipse EA
Launch Date : September 25, 2010
EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
Forex Eclipse | All Majors | N/A | Break-out | Yes | Yes | Unknown | Unknown | Forex Eclipse |
Performance (Forex Eclipse Test Results)
License
$129 through plimus. Not exactly sure about the licensing and account limit though.
Forex Eclipse Strategy
In a volatile market, this EA could be potentially dangerous. A few spikes here and there and you could see some big losses very quickly. Stoplosses are used in stealth as somewhat of a safe guard. Hedging is also implemented at times for backup when times get rough. Eclipse has a feature which I like that allows you to set a daily loss limit, where if it looses that much in a day, it will stop trading for awhile.
Recommended Brokers
FX Open and Iam FX are 2 brokers to check out for trading forex robots.
Conclusion
They have a decent forward testing going since the beginning of September on their sales page, but thats really all they have for proof. I guess we will wait and see how things turn out when I get a copy.
Safe To Buy?
MAYBE!
Being sold through Plimus, so you can usually get your money back
Forex Eclipse Overall Rating