Forex Combo - 4 in 1?

3_5stars

Forex Combo Review

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From development point of view it has all what you need – money management, aggressive style of trading (when you recover your losses from the next wins by multiplying the LotSize by 2 or other factor), trading hours and ...

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Forex Combo is an EA which combines 4 different strategies – at least the last version has all 4 in one. The strategies used there are: Scalping, Breakout, Reversal and EuroRange (not sure what is the last one but looks to be trading inside some daily range of EurUsd). From development point of view it has all what you need – money management, aggressive style of trading (when you recover your losses from the next wins by multiplying the LotSize by 2 or other factor), trading hours and other money management features which will make this EA perform differently from user to user if they are using different settings. I set mine on EurUsd and From development point of view it has all what you need – money management, aggressive style of trading (when you recover your losses from the next wins by multiplying the LotSize by 2 or other factor), trading hours and 5 Minute charts with default settings on a 10k account to see how it will perform – after 1 month or based on the results I could think of tweaking the settings to improve it, but first let’s see how it will perform. I will not go in details about  what are its past results and so on – all of this is true only if the present results will be good – so I prefer to judge an EA from its real time performance.

Why did I decide to use it? It is very simple – First of all since it has different strategies inside it provides me a bundle of 4 EAs in one – and this is the perfect combination for a low timeframe like 5 and 15 minute chart. I do not need to look for different EAs and configure them – I have everything in one. Maybe it sounds too good to be true – but let’s see what the results will be, besides this it already opened a scalping trade in loss for me on GbpUsd – but this is just the beginning.

Forgot to mention that it has in the parameters the Maximal Lots and Max Drawdown – this is all I need for beginning.

I am looking forward to the results so I can start tweaking the settings inside like Aggressive Money Management for each individual strategy – this is the only thing I can think of for moment.

For Now I will give it a 5 star rating because of the parameters – but will drop it definitely if it will react crazy.

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8 Comments/Reviews

  • dean says:
    4 stars

    i want to using this new autotrade by your forex combo. Hope can have it and profit in my trading

    • MT4 Review says:

      Let us know how that worked for your Dean
      Good Luck

      • Monika says:

        From Oct 12 to 14 on a new demo account. 18 wins and 7 losess on 8 pairs. With a drawdown of one loss equals four wins not good. Just turned it on and let it run and used most major pairs. Let’s see what the next few days bring. Still trying to get an answer from support email address and customer email address keeps bouncing my emails back. I hope this guy has not done a runner!

  • Deiivy says:

    Using the Advanced version for 7 days now. 23 wins and 4 loesss on four pairs. Only 46 pips in profit though. The reward/risk is 1:4 so expect a big drawdown on your loesss. Having said that it is still making a profit and therefore doing its job. Not had a good response from their support though. Sent 3 emails and so far no reply. Very frustrating. You get an installation manual and that’s about it so far.

  • Melina Rehse says:

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