MyFxBots
Updated on Sat Aug 22nd, 2015

Forex Real Profit EA Review Introduction

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.

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. 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

MT4 Chart Timeframe

M15

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.

Live Performance Results

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

ForexRealProfitEA_ICMarkets Forex Trading System by Forex Trader fxrealprofitea

ForexRealProfitEA_ICMarkets Forex Trading System by Forex Trader fxrealprofitea
Settings: Default Settings
Started On
Jun 05, 2013
Leverage
1:500
Broker
IC Markets
Account Type
Real
Starting Balance
$2,639.00

The Number One Choice for Expert Advisors! True ECN Spreads from 0.0 Pips!
The Number One Choice for Expert Advisors! True ECN Spreads from 0.0 Pips!

FRPEA2_ICMarkets Forex Trading System by Forex Trader fxrealprofitea

FRPEA2_ICMarkets Forex Trading System by Forex Trader fxrealprofitea
Settings: Default Settings
Started On
Dec 11, 2013
Leverage
1:500
Broker
IC Markets
Account Type
Real
Starting Balance
$3,534.53

The Number One Choice for Expert Advisors! True ECN Spreads from 0.0 Pips!
The Number One Choice for Expert Advisors! True ECN Spreads from 0.0 Pips!

Forex Real Profit EA-4 Forex Trading System by Forex Trader fxrealprofitea

Forex Real Profit EA-4 Forex Trading System by Forex Trader fxrealprofitea
Settings: High risk
Started On
Apr 15, 2010
Leverage
1:50
Broker
MB Trading
Account Type
Real
Starting Balance
$3,657.51

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

EURAUD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

EURAUD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

EURCAD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

EURCAD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

EURCHF from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

EURCHF from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

EURGBP from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

EURGBP from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

EURUSD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

EURUSD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

GBPCHF from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

GBPCHF from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

GBPUSD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

GBPUSD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

USDCAD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

USDCAD from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

USDCHF from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

USDCHF from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

USDJPY from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings

USDJPY from April 9, 2007 to December 28, 2014 - 99% Modelling Quality - Default settings
Backtest Summery View Full Backtest

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.

By:
4.76/5
35 total votes.
$ 199
Forex Real Profit EA
Forex Real Profit EA Official Website

Talk about Forex Real Profit EA

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.