ForexFiv EA v9.3 - popular highly profitable scalper
ForexFiv EA v9.3 is a combination of several very advanced secret algorithms and a market scanner that is able to find the best market conditions to open a trade. This combination is capable of bringing 100% + profit per month with a maximum drawdown of no more than 10%. Backtests for 1 year (see below) show + 2,051% profit with a maximum drawdown of only 0.45%. At the same time, the EA does not use dangerous trading methods - martingale, hedging, grid. It's just an enrichment machine!!! What do you think?Сharacteristics of the ForexFiv EA v9.3
Platform: Metatrader4
EA version: 9.3 (there is an earlier version 6.03 in the archive)
Currency pairs: Any, recommended AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY
Trading Time: Around the clock (the Expert Advisor's trading time can be set in the settings)
Timeframe: Any, recommended M5
Recommended broker: Roboforex, XM, FTMO
EA Forex Fiv trading algorithm
As I mentioned above, the Expert Advisor has a certain secret algorithm that the developers are not silent about. But since EA Forex Fiv trades pending orders, it can be assumed that this is trading from some levels, maybe support / resistance or from the some borders of a channel.
After installing the EA ForexFiv v 9.3 on the chart, you will see the following picture:
Back Testing
EA can trade on any timeframe / pair, and even on higher TFs, it opens more trades. But it shows the best results according to the test results on M5 and on the following currency pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY. The developers claim that they spent 2 years optimizing the EA's operation on these pairs, and this is reflected in the presets that are supplied in the archive by the robot. It was on these pairs with these settings that I performed testing:
AUDUSD M5 Auto Lot
EURJPY M5 Auto Lot
EURUSD M5 Auto Lot
GBPUSD M5 Auto Lot
USDJPY M5 Auto Lot
On M1 TimeFrame, the EA shows more modest results:
USDJPY M1 Auto Lot
The same conditions, but with a Fixed Lot:
USDJPY M5 Fix LotSettings
EA settings allow you to set limits on time and days of trading. You can choose as automatic lot calculation depending on the account size or set a fixed lot. EA has a news filter that allows it to successfully bypass unpredictable price fluctuations caused by some important economic news.
Full list of settings
Despite the fact that ForexFiv EA v9.3 is a very reliable and stable forex robot, you shouldn't be reckless and forget about Money Management. Do not invest funds that you are not ready to lose and withdraw profits on time. And of course, in order to protect yourself from unpleasant situations with a network interruption and just so as not to keep your PC constantly on, you should use a VPS server.
In the archive ForexFiv_v9.3_EA.rar (950.0 kB):
ForexFiv.ex4
EA ForexFiv_V9.3_fix.ex4
ForexFiv Updater.xml
CTimer.ex4
ForexFiv PRICE METRE.ex4
ForexFiv Updater.dll
ForexFiv- AUDUSD.set
ForexFiv- EURJPY.set
ForexFiv- EURUSD.set
ForexFiv- GBPUSD.set
ForexFiv- USDJPY.set
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