In this post I will be reviewing the Exreign Forex EA which is a fully automated forex robot that trades in the very popular and free to download MetaTrader 4 trading platform. It is suitable for any level of trader whatever your experience as it is a simple set and forget trading system that you can have up and running on your account in just 5 minutes using the easy to follow instructions included. The developers claim it is currently the best forex robot in the market which is a bold claim with the likes of Forex Robotron and Forex Cyborg continuing to perform so well, let’s look into Exreign Forex EA in more detail.
Exreign Forex EA Trading Strategy
The developers state that the Exreign Forex EA (expert advisor or forex robot) uses a combination of several indicators. This does mean that probability of winning trades can be increased by using multiple technical analysis but it does also mean trades can be limited and also there is the potential for over optimisation when using so many indictors. This basically means that a combination of indicators historical produce good results when optimised over a huge amount of variations. That being said, the Exreign Forex EA developers have provided a real verified myfxbook account showing returns of over 60% in just a few months at the time of writing this review. Exreign Forex EA trades on multiple currency pairs and comes ready to use with default settings straight out of the box.
Exreign Forex EA Back Testing
There are no back tests on the Exreign Forex EA official website which is fine as we have real live verified by myfxbook trading accounts to check the latest results.
Exreign Forex EA Live Results
Exreign Forex EA Summary
Overall, the Exreign Forex EA shows good potential. It is a quiet and steady earner for patient and disciplined traders. Drawdown is acceptable and so far it has made good/realistic returns. I mean over 60% in just a few months is fantastic for any investment, especially one that is fully automated. Just make sure you use a true ECN forex broker for best results. Exreign Forex EA comes with support, updates instructions and a money back guarantee.