Review Of The Forexbody Medium Risk Version v3.5 EA.
Released: 08/24/2010
Robot Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
Forexbody Medium Risk Version v3.5 | EURUSD | any | unique global session based system | True | Automatic | 0 | 0 | Forexbody Medium Risk Version v3.5 |
Forexbody Medium Risk Version v3.5 Results:
Forexbody Medium Risk Version v3.5 Licensing and Price:
We have many options available on autoforexbody home page or if you choose clickbank you can get it $10 for first week then $50 a month for 12 month installments ( life time license unlimited accounts )
Forexbody Medium Risk Version v3.5 Strategy:
Basically the EA takes 4 trades at defined times daily. One just before the end of NY session another at the beginning of Asian session, the 3rd at beginning of London session and the fourth is during the overlap of NY and London sessions. So will see that no sooner a trade is closed than another one is open and most of the time the EA will have no open trades and NO DD except occasional trade overlap or temporary DD.
The Power of the EA lies in the way it closes the trade and SL application. TP and SL are not applied to all trades but depends on market situation. It also uses an advanced form of trailing stop.
Please note that EA must be loaded as is with no change to any parameters if used on 0 gmt broker. Refereance broker time is Forexcom mt4. If you want to use on another broker you must start the broker mt4 on a demo account nad read the new broker time in market watch. Then add the difereance in time ( Hours only ) to enabled trade times in EA properties. GMT must stay at 0 for any broker, this way we make sure not affected by day light saving times issues. All other values must remain unchanged.
Forexbody Medium Risk Version v3.5 Recommended Brokers:
FX Open and Iam FX are two brokers to consider when trading with any EA. This vendor recommends the following brokers: Forex.com hedging enabled account
Conclusion
Safe To Buy?
MAYBE
Forexbody Medium Risk Version v3.5 has not been officially approved for purchase yet.
Overall User Rating
possible to show MT4 stats please on the EA? please.