In this post I will be reviewing the Forex Flex EA. This is a fully automated trading system that runs in the free MetaTrader 4 trading platform and isn’t just great for having perhaps the best forex robot artwork ever! The Forex Flex EA website has live verified by MyFxBook trading results you can check for past performance. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
Forex Flex EA Trading Strategy
The Forex Flex EA uses a unique automated trading concept where it will place virtual trades to analyse the market behaviour until it finds an entry point to place an actual market entry trade. This is not an idea I have been aware of before but I can certainly see how it would beneficial and ensure that the system is trading dynamically dependant on the current market conditions.
This can help to ensure that the Forex Flex EA is constantly adapting to the forex market and even uses an automatic update system to ensure you have the latest version of the Forex Flex EA running. The Forex Flex EA also has a built in news filter to avoid trading around news releases, it can run on nearly all major pairs, has built in martingale money management control and an impressive 12 strategies implemented.
Forex Flex EA Back Testing
The Forex Flex EA website has 99% modelling quality using tick data – this means that the back testing results are as accurate as possible in the MT4 strategy tester.
Forex Flex EA Verified Live Results
Forex Flex EA Summary
Overall, the Forex Flex EA is a very innovative and established forex robot with a large base of satisfied clients and good testimonials around the web from users. The developer has been around for a while and is always open to feedback. I would personally be using an ECN forex broker for tight spreads and plenty of liquidity for reliable execution speeds. You can head on over to the Forex Flex EA website for the latest results and further information. It includes free updates, dedicated support that are quick to respond and a detailed instruction manual for a quick and easy setup making it suitable for beginner traders. Forex Flex EA can also be customised/optimised should the more advanced trader wish to do so although it is ready to use straight out of the box.