Forex Flex EA is a new robot that I’ve been quietly testing for the past few months. This is an EA that brings a new approach to automated trading. It uses “virtual trades” in the background to monitor the market and determine it’s entry point. Judging by the results, it seems to be working quite well.
As you can see, there is no shortage of real money results with a decent amount of history behind them. This thing has clearly performed well for quite a while now and at minimal risk. It appears to have traded right through the holidays and major news events without a hiccup which is miraculous this day and age for an automated system. Maybe these background market monitoring “virtual trades” are for real…
Ready to go out of the box settings, simply plug and play. Works best on (GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD) but can be traded on virtually any currency pairs if you desire. Our settings are always optimized for these 6 majors though, just keep that in mind.
No automated system out there can work long-term without consistently updated settings. Flex features an automatic update system, so you can be sure your copy is always up to date with the latest, best performing settings for the current market conditions.
This is a fantastic feature to succeed to in today’s markets long-term. They are doing these updates through MQLLock, so when you restart your terminal, an update dialogue will appear if one is available. All you will have to do is click the update button and your Flex EA will automatically update to the latest version and settings.
Flex EA uses a newly developed innovative technology involving “virtual trades“. Simply put, Flex will open virtual trades in the background, using them to constantly monitor the market to help determine the absolute perfect entry point, at which point Flex will start opening real trades.
New market monitoring virtual trade technology brings precision entry points that no indicator can compete with. The default settings will use 6 virtual trades per currency pair to monitor market conditions. Lowering this number will result in less accurate entry points, but higher trading frequency. Raising this number will do the opposite. The trick here is to find the happy medium which it looks like they’ve done here with ’6' virtual trades. When the market shifts, this is the one of the main settings they end up changing. If and when that happens, they will send out automatic update notices to everyone so you’re never left behind.
Flex EA can be setup to trade just about any trading strategy imaginable. The download will include 7 different setting files that offer 7 unique trading strategies that you can plug and play.
These are as follows:
Default - This is a hybrid trading strategy of Super Precise, Half Grid and Trend Surfer.
Super Precise - This open trades very rarely, but when it does they’re often very very accurate.
Scalper settings - Scalps small profits during market corrections
Full Grid - You’re tradition martingale style trading
Half Grid - Half martingale, so not quite so risky
Trend Surfer - Similar to Super Precise and Default settings.
Shotgun - Throw paint at the wall and see what sticks, this is a fun strategy but also very risk!
Flex EA is certainly something new and refreshing this automated forex industry has desperately needed for years now. I only ever recommend products that actually make money and aren’t a waste of time, this is one I am highly recommending.
I already have a Platinum license and trading it live on FXOpen, you can follow some of my results below.
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