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.
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