In this post I will be reviewing the EOS Forex EA. EOS is short for Empire Of Scalping which basically tells you that this is a forex scalping EA. It runs on the free to download MetaTrader 4 trading platform and contains detailed instructions on how to get setup in just a few minutes so is suitable for even the most novice of forex traders. The EOS Forex EA can consistently make profit on your trading account when used correctly. The most important aspect that I would emphasis as I often do, is to make sure that you are using a regulated true ECN forex broker for the best possible trading conditions – even more so when using a scalping strategy such as that implemented by the EOS Forex EA. A good broker will ensure that you have the lowest possible spreads and plenty of liquidity for the fastest possible trade execution at the best possible prices. Scalping strategies can be spread dependant so this is very important.
EOS Forex EA Strategy
The EOS Forex EA was developed by expert software programmers with a passion for trading, who in 2015 decided to put their combined knowledge, expertise and experience together into developing this automated forex software that makes consistently high profits. They claim to have made profit form this software and wanted to give others the opportunity to do so. That sounds absolutely fine to me, if they can make some extra to help fund further developments or increase their own trading account balance then I see no problem at all with that. The EOS Forex EA includes on-going coding to ensure that the software runs at optimal levels at all times and is adapting to the ever changing market conditions. EOS has proven to be a Consistent, Reliable, Big-time Winner over the long term with back testing and real results. It is fully customizable for the more advanced traders who like to experiment although it works just as well straight out of the box.
EOS Forex EA Back Testing
The EOS Forex EA developers thoroughly tested the EA over 10 years’ worth of data to ensure that it performed well in various different market conditions. The back tests are not shard on the EOS Forex EA website which is fine as we have real account results since 2015 to study – these results show gains of over 100% with low drawdown which is great.
EOS Forex EA Live Results
EOS Forex EA Summary
Overall, the EOS Forex EA is a solid scalping robot although the forex scalping ea is by far the best scalping forex robot that I have reviewed – I recommend that if you are looking for a serious forex scalping solution. That being said EOS Forex EA is a good alternative that also trades multiple currency pairs and has been performing well for a good while now. It comes with excellent support, free updates for life, detailed instructions and a money back guarantee.