Forex Real Profit EA is a scalper mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.

Trading Idea

A scalper EA mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.

Specifications

NFA compliance

Yes (special setting).

License

1 live account + unlimited demo accounts for One Year (Extra live Account will cost $99 / year for each)

Refund policy

30 days.

Compatible Brokers

All including ECN brokers which are the recommended as Tickmill. It operates with 4 and 5 digits after the decimal point, even with micro lots.

Currency Deposit

Any

Supported Currency Pairs

EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/USD, GBP/CHF, GBP/USD, USD/CAD, USD/CHF, USD/JPY

MetaTrader Chart Timeframe

M15

Live Performance Results

More than 60 months of third party (MyfxBook) verified trading results using real money accounts only:

Started On
Jun 05, 2013
Leverage
1:500
Starting Balance
$$2,639.00
Total Gain
+456.38%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Jun 05, 2013
Account Leverage
1:500
Profit Factor
1.17
Total Gain
+456.38%
Absolute Gain
+65.32%
Monthly Gain
1.71%
Daily Gain
0.06%
Total Pips
14430.5
Total Trades
7891
Profit Amount
$1723.82
(%) Won Trades
14430.5
Drawdown
27.30%
Started On
Dec 11, 2013
Leverage
1:500
Starting Balance
$$3,534.53
Total Gain
+721.01%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Dec 11, 2013
Account Leverage
1:500
Profit Factor
1.26
Total Gain
+721.01%
Absolute Gain
+27.34%
Monthly Gain
2.24%
Daily Gain
0.07%
Total Pips
5155.8
Total Trades
1635
Profit Amount
$966.21
(%) Won Trades
5155.8
Drawdown
37.56%
Started On
Apr 15, 2010
Leverage
1:50
Starting Balance
$$3,657.51
Total Gain
+378.03%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Apr 15, 2010
Account Leverage
1:50
Profit Factor
1.27
Total Gain
+378.03%
Absolute Gain
+119.12%
Monthly Gain
2.35%
Daily Gain
0.04%
Total Pips
6803.6
Total Trades
4163
Profit Amount
$4345.53
(%) Won Trades
6803.6
Drawdown
31.96%

Historical Data Backtests

EA Analyzer: All the 10 currencies with all the 5 strategies used; FRPEAv6.20, Defaultt settings

Testing results (using all of the 10 currencies combined:
Total positions = 15.871 trades ; Total pips lost = 97.140 pips ; Total pips won = 145.938 pips ; Net gain = 48.798 pips ; Winner (%) = 71,33 (%) ; Loser (%) = 28,67 (%) ; Profit Factor = 1,50 ; Average win = 12,89 pips ; Average loss = 21,34 pips ; Max DD = 906 pips (21,14% of the account, with default settings) ; Average time/trade = 2.75 hours.

EA Analyzer: All the 10 currencies with all the 5 strategies used; FRPEAv6.20, Defaultt settings
View Full Backtest

Backtests Settings

Symbol
EURAUD (Euro vs Australian Dollar)
Period
15 Minutes (M15) 2007.04.08 21:01 - 2014.12.19 21:59 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
188662
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
16447.61
Gross profit
50008.84
Gross loss
-33561.24
Profit factor
1.49
Expected payoff
10.19
Absolute Bal DD
624.02
Maximal Bal DD
1650.44 (12.57%)
Relative Bal DD
12.57% (1650.44)
Total Trades
1614
Short positions (won %)
883 (76.44%)
Long positions (won %)
731 (72.23%)
Profit trades (% of total)
1203 (74.54%)
Loss trades (% of total)
411 (25.46%)
Largest Profit trade
386.10
Largest Loss trade
-473.96
Average Profit trade
41.57
Average Loss trade
-81.66
Maximum consecutive wins (profit in money)
23 (833.99)
Maximum consecutive losses (loss in money)
4 (-844.25)
Maximal consecutive profit (count of wins)
1836.26 (7)
Maximal consecutive loss (count of losses)
-844.25 (4)
Avarage consecutive wins
4
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
EURCAD (Euro vs Canadian Dollar)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 22:00 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191915
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
6939.08
Gross profit
20245.28
Gross loss
-13306.20
Profit factor
1.52
Expected payoff
5.93
Absolute Bal DD
30.50
Maximal Bal DD
919.50 (5.58%)
Relative Bal DD
5.58% (919.50)
Total Trades
1171
Short positions (won %)
605 (70.41%)
Long positions (won %)
566 (71.73%)
Profit trades (% of total)
832 (71.05%)
Loss trades (% of total)
339 (28.95%)
Largest Profit trade
285.15
Largest Loss trade
-292.77
Average Profit trade
24.33
Average Loss trade
-39.25
Maximum consecutive wins (profit in money)
16 (359.39)
Maximum consecutive losses (loss in money)
6 (-351.26)
Maximal consecutive profit (count of wins)
865.51 (11)
Maximal consecutive loss (count of losses)
-396.02 (4)
Avarage consecutive wins
3
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
EURCHF (Euro vs Swiss Franc)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 22:00 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191602
Ticks modelled
75061922
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
3059.28
Gross profit
8899.86
Gross loss
-5840.58
Profit factor
1.52
Expected payoff
3.50
Absolute Bal DD
181.13
Maximal Bal DD
626.04 (4.80%)
Relative Bal DD
4.80% (626.04)
Total Trades
873
Short positions (won %)
432 (69.21%)
Long positions (won %)
441 (70.29%)
Profit trades (% of total)
609 (69.76%)
Loss trades (% of total)
264 (30.24%)
Largest Profit trade
143.18
Largest Loss trade
-283.82
Average Profit trade
14.61
Average Loss trade
-22.12
Maximum consecutive wins (profit in money)
17 (136.75)
Maximum consecutive losses (loss in money)
5 (-73.22)
Maximal consecutive profit (count of wins)
341.67 (10)
Maximal consecutive loss (count of losses)
-294.78 (3)
Avarage consecutive wins
3
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
EURGBP (Euro vs Great Britain Pound )
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 22:00 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191622
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
1688.78
Gross profit
4635.79
Gross loss
-2947.01
Profit factor
1.57
Expected payoff
1.60
Absolute Bal DD
138.44
Maximal Bal DD
301.12 (2.93%)
Relative Bal DD
2.93% (301.12)
Total Trades
1053
Short positions (won %)
606 (64.69%)
Long positions (won %)
447 (74.27%)
Profit trades (% of total)
724 (68.76%)
Loss trades (% of total)
329 (31.24%)
Largest Profit trade
81.68
Largest Loss trade
-134.53
Average Profit trade
6.40
Average Loss trade
-8.96
Maximum consecutive wins (profit in money)
20 (228.45)
Maximum consecutive losses (loss in money)
7 (-12.61)
Maximal consecutive profit (count of wins)
253.21 (10)
Maximal consecutive loss (count of losses)
-145.52 (2)
Avarage consecutive wins
4
Avarage consecutive losses
2
View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 21:59 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191741
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
80327.80
Gross profit
218600.83
Gross loss
-138273.03
Profit factor
1.58
Expected payoff
28.76
Absolute Bal DD
378.33
Maximal Bal DD
5706.31 (7.93%)
Relative Bal DD
7.93% (5706.31)
Total Trades
2793
Short positions (won %)
1386 (73.88%)
Long positions (won %)
1407 (67.87%)
Profit trades (% of total)
1979 (70.86%)
Loss trades (% of total)
814 (29.14%)
Largest Profit trade
842.45
Largest Loss trade
-1930.24
Average Profit trade
110.46
Average Loss trade
-169.87
Maximum consecutive wins (profit in money)
28 (1699.56)
Maximum consecutive losses (loss in money)
6 (-641.43)
Maximal consecutive profit (count of wins)
3910.64 (19)
Maximal consecutive loss (count of losses)
-2028.82 (2)
Avarage consecutive wins
4
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
GBPCHF (Great Britain Pound vs Swiss Franc)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 21:59 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191708
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
6737.66
Gross profit
20417.38
Gross loss
-13679.71
Profit factor
1.49
Expected payoff
6.40
Absolute Bal DD
19.13
Maximal Bal DD
Relative Bal DD
7.05% (1155.46)
Total Trades
1052
Short positions (won %)
571 (71.45%)
Long positions (won %)
481 (74.22%)
Profit trades (% of total)
765 (72.72%)
Loss trades (% of total)
287 (27.28%)
Largest Profit trade
272.91
Largest Loss trade
-226.39
Average Profit trade
26.69
Average Loss trade
-47.66
Maximum consecutive wins (profit in money)
22 (818.48)
Maximum consecutive losses (loss in money)
6 (-457.91)
Maximal consecutive profit (count of wins)
857.44 (15)
Maximal consecutive loss (count of losses)
-457.91 (6)
Avarage consecutive wins
4
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 21:59 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191517
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
28378.64
Gross profit
108665.85
Gross loss
-80287.21
Profit factor
1.35
Expected payoff
12.47
Absolute Bal DD
54.30
Maximal Bal DD
3008.76 (7.71%)
Relative Bal DD
10.34% (1628.07)
Total Trades
2275
Short positions (won %)
1120 (73.13%)
Long positions (won %)
1155 (72.12%)
Profit trades (% of total)
1652 (72.62%)
Loss trades (% of total)
623 (27.38%)
Largest Profit trade
590.85
Largest Loss trade
-934.96
Average Profit trade
65.78
Average Loss trade
-128.87
Maximum consecutive wins (profit in money)
29 (2557.27)
Maximum consecutive losses (loss in money)
5 (-203.97)
Maximal consecutive profit (count of wins)
2557.27 (29)
Maximal consecutive loss (count of losses)
-1110.25 (4)
Avarage consecutive wins
4
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 21:59 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191568
Ticks modelled
63726532
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
3131.25
Gross profit
14683.89
Gross loss
-11552.64
Profit factor
1.27
Expected payoff
2.26
Absolute Bal DD
17.78
Maximal Bal DD
1303.45 (10.99%)
Relative Bal DD
10.99% (1303.45)
Total Trades
1387
Short positions (won %)
728 (63.60%)
Long positions (won %)
659 (74.96%)
Profit trades (% of total)
957 (69.00%)
Loss trades (% of total)
430 (31.00%)
Largest Profit trade
105.55
Largest Loss trade
-206.02
Average Profit trade
15.34
Average Loss trade
-26.87
Maximum consecutive wins (profit in money)
16 (273.15)
Maximum consecutive losses (loss in money)
6 (-118.18)
Maximal consecutive profit (count of wins)
405.20 (15)
Maximal consecutive loss (count of losses)
-353.27 (3)
Avarage consecutive wins
3
Avarage consecutive losses
2
View Full Backtest

Backtests Settings

Symbol
USDCHF (US Dollar vs Swiss Franc)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 22:00 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191622
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
10412.64
Gross profit
40577.25
Gross loss
-30164.61
Profit factor
1.35
Expected payoff
5.35
Absolute Bal DD
107.01
Maximal Bal DD
1057.56 (5.23%)
Relative Bal DD
5.23% (1057.56)
Total Trades
1946
Short positions (won %)
1032 (65.41%)
Long positions (won %)
914 (68.27%)
Profit trades (% of total)
1299 (66.75%)
Loss trades (% of total)
647 (33.25%)
Largest Profit trade
595.55
Largest Loss trade
-363.77
Average Profit trade
31.24
Average Loss trade
-46.62
Maximum consecutive wins (profit in money)
22 (798.09)
Maximum consecutive losses (loss in money)
6 (-359.24)
Maximal consecutive profit (count of wins)
1299.09 (12)
Maximal consecutive loss (count of losses)
-530.59 (2)
Avarage consecutive wins
3
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
15 Minutes (M15) 2007.04.08 21:00 - 2014.12.19 22:00 (2007.04.08 - 2014.12.21)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Bars in test
191626
Ticks modelled
76695831
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
17810.26
Gross profit
54991.19
Gross loss
-37180.93
Profit factor
1.48
Expected payoff
9.85
Absolute Bal DD
6.05
Maximal Bal DD
2001.59 (8.19%)
Relative Bal DD
8.19% (2001.59)
Total Trades
1809
Short positions (won %)
951 (72.03%)
Long positions (won %)
858 (78.32%)
Profit trades (% of total)
1357 (75.01%)
Loss trades (% of total)
452 (24.99%)
Largest Profit trade
497.34
Largest Loss trade
-674.99
Average Profit trade
40.52
Average Loss trade
-82.26
Maximum consecutive wins (profit in money)
19 (1356.35)
Maximum consecutive losses (loss in money)
5 (-160.24)
Maximal consecutive profit (count of wins)
1356.35 (19)
Maximal consecutive loss (count of losses)
-827.19 (2)
Avarage consecutive wins
4
Avarage consecutive losses
1

Trading Strategy

Forex Real Profit EA uses 5 different strategies, 2 for Asian session scalping, 2 for all the day trend scalping and one breakout strategy.

It generates dynamic Stop Loss and Take Profit with high impact news filter and large spread and slippage protection for maximum profitability and minimum risk.

It employs optional (according to user desire) money management or fixed lots and automatically GMT adjusts the trading time.

It also has an invisible mode for protection from non-ECN brokers not to negatively influence the transactions.

It's designed to be compatible to run inline with and parallel to any other Expert Advisor with a special setting option to adjust this capability.

As descried in its official website; at the optimal risk it can generate an average revenue of 30% to 170% per year with re-investing the earned capital along that year.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.