MyFxBots
Updated on Tue Jul 24th, 2018

Forex Impulse Trader Review Introduction

The trading strategy of Forex Impulse Trader main idea is detecting the impulse then opening two trades at the same time and direction.

License

1 Real and 2 Demo Accounts.

Support & Updates

24/7 Support + Life-time Updates.

Broker / VPS Recommendation

All (including US based ones), While We Recommend Installing it on TradingFX VPS and Using it on an XM Broker Account, IC Markets Raw Spread Account, or Tickmill ECN Pro or Classic Account for the Best Stability and Profitability.

Recommended Risk

A Reasonable Trading Risk of not more than 2% is Recommended.

Account Minimum Balance

It's Recommend to have at Least $500 - $1000 Account Balance.

Refund Policy

6-Day Money Back Guarantee is Offered by the Vendor.

Supported Currency Pairs

EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY

MT4 Chart Timeframe

M15

Trading Strategy

Each of the two opened trades on impulse detection by Forex Impulse Trader has a separate take profits: FirstTrade_TP and SecondTrade_TP. When the first trade is closed with profit, the EA then sets a new take profit value for the other running trade. The preset SecondTrade_TP value in pips is added to the close price of the first trade to determine the second trade take profit value.

Forex Impulse Trader has an advanced integrated money and account management system. It also protects the account it's running on from unfair and deceptive brokers.

The loss recovery system existing in the EA can successfully compensate for the previous when enabled. During high spread and high slippage periods, the market condition is then unsuitable for trading, Forex Impulse Trader can detect that and protect the account.

Forex Impulse Trader has low drawdown on the 3rd party verified live accounts.

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4.79/5
60 total votes.
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Forex Impulse Trader Demo $69 $ 55
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Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.