Forex Megadroid Review

This robot has been around for a long time, and is one of the few that has actually been proven to beat the market over a long period of time. It works with many brokers, and although it wont give you those fantasy results that many EAs claim they can produce, it can give consistent returns over a period of time.
The drawbacks is that it doesn't trade alot, sometimes it can go a week without trading, but then again this can be seen as a good thing too.
Although the losses can be significant when they do arise, but with the recovery mode feature it doubles up to make it back quicker then if recovery mode is kept off.

I dont currently have my own stats on this as Im running megadroid along with others EAs so I cant isolate the performance. But heres a link to some other traders stats on this bot.
MEGADROID STATS
Currently there is a promo on megadroid you can purchase it HERE

Or you can get it for free with any purchase of any other EA on this blog, or signing up with Cashbackforex
Send an Email here if you have done so.

Xbars MA Scalper

Xbars is a scalper system which works best with EUR/USD. It buys when above the moving average and sells when its below based on certain oversold and overbought conditions.
Its a very interesting EA which takes profits at 9 pips with a Stop at 72 pips. So 1 to 8 reward/risk ratio.

I have been using this for over a year now and is steady wealth builder, it is profitable although it will take time to slowly build an account as there are moments when you can get some draw downs.
I use it in conjunction with other EAs as well as use it to earn Cashback.

Below is a backtest of XBars over the past year.

Offer: I will send XBars and a copy to anyone whos registers up with CashbackForex though the links on this blog.
Send an Email here if you have done so.

Cloverix EA review

Cloverix is a scalping robot from the people at fx-emit. Its an asian scalper like Fapturbo or primeval EA and many others. The difference with Cloverix that it has a very low draw down and plays 2 pairs only EUR/GBP and EUR/CHF. The fourth version has just been released for 99$ which is a good price to have a punt at it. I bought this a few months back but stopped using it as the volatility in the Asian session was proving to too much for this robot to handle, but they have come out with a new release with new settings so I will be testing it on a small live account and a DEMO account as well. I will have the demo account available for tracking to see how it does.

For info on their website click here

Performance so far is shown below:


Note: Im using a fixed spread broker, but performance can be improved using a lower spread broker.

Its always advisable to get cashback on your trades. Click here

Wall Street FX EA update

You may have noticed in the stats for WSFX that I have started to use the NZD/USD pair. This has replaced usd/chf on recommendation from the creators of the bot, on grounds of sub standard performance. I have gone along with the recommendations, although I kept one of my three licenses still using the usd/chf pair, and low and behold its made 100 pips since the recommendation. But long term I think it is a good decision.
You can track the performance below:


Purchase Wall Street FX