FREQUENTLY ASKED QUESTIONS

How does the “FOREX EA SUPER” work?

The EA works in a different way depending on the broker, e.g. ECN or MM, spread, platform, etc.

It always opens trades the same way when prices move suddenly, but closing the trades depends on the broker or strategy chosen. For example you can close trades by: Take Profit, Stop Loss, Trailing Stop, by elapsed time, like after 2, 5, 10 minutes, or invisible Trailing Stop or when prices move back, etc. This Robot is quite complex, that’s why it can deal with many brokers, platforms, spreads, etc.

You can see some variables and the way it works on the “Features” and “Method” pages.

How is the “FOREX EA SUPER” different from other EAs on the market?

Very good Question! Why should you buy my EA, and not the other ones, much cheaper? Consider this:

• Most EAs are based on indicators, time-frames, trends, etc. which are very unreliable, it’s pure guessing, that’s why most of them lose. “FOREX EA SUPER” compares prices in real-time and knows the price movements within the next few seconds. So it doesn’t need to guess, it knows the price before it opens the trade.
• Most EAs have very low Take Profit and very high Stop Loss. “FOREX EA SUPER“ has very high Take Profit and very low Stop Loss.
• Most EAs keep trades open for a long time, a few hours or days hoping the price will go in their favor, but it usually doesn’t. “FOREX EA SUPER” keeps the orders open usually for 10-30 seconds and closes them with profits. It doesn’t hope, it knows.
• Most EAs require high deposit of $5,000 or more and bust it sooner or later. With the “FOREX EA SUPER” you can start as low as $100 and grow your profits geometrically, see the accounts on the website.
• So you can get a cheap EA for $100, deposit $5,000 and lose almost everything, or you can buy the “Forex EA Super” for $2,000, deposit $100 or $250 and make much money very fast. The choice is yours! You go with the crowd, you lose like the crowd!

Does the “FOREX EA SUPER” work with ECN brokers?

ECN brokers have fast price feed and the spread changes constantly, so it is quite difficult to place profitable orders, but recently my programmer and I succeeded to create an ECN version of the “FOREX EA SUPER“. We tested it with a number of ECN brokers and it works quite well with some, but not all of them.

FX Robot works best with brokers with low spreads, slow price feed and instant execution. Although generally ECN brokers are regarded as most reliable, not all systems work well with them and some Market Makers are very reliable too.
The “FOREX EA SUPER” works quite well with many brokers with small spreads. You can choose up to 10 brokers and check by yourself the results by changing different parameters, especially the Safety Margin, which allows to open trades at specific conditions. The higher the Safety Margin, more positive trades can be executed, although less frequently.
I strongly advise you to open demo and real accounts with a few brokers. Don’t stick to one broker only, no matter how good it is. Check your systems as well as the “FOREX EA SUPER” with a number of  brokers, not only one. Opening a new account doesn’t take much time, but can give you enormous advantages. 

Does the new ECN version also work with non-ECN brokers?

Yes, the new upgrade works naturally with ECN and non-ECN brokers (Market Makers). Only the way of placing orders is a little different. You will receive a detailed Manual how to place orders depending on the broker. It’s not very difficult.

Many brokers don’t allow scalping so how can I use this robot?

There is a number of brokers, especially Market Makers, that don’t like scalping, but there are many other Market Makers, that conditionally allow scalping, e.g. the order must be kept minimum for 1 or 2 minutes.

There is a new variable that allows to control the time before the order can be closed so the broker’s restrictions can be fulfilled. Besides the new ECN version works with ECN brokers and they never forbid scalping and will welcome you if you make lots of money there using my robot and scalping strategy.
There are also other strategies that you can use, e.g. placing same Take Profit and Stop Loss value, e.g. 10 or 20 pips or opening opposite trades at 2 different accounts, etc. There is a number of useful strategies to “cheat” the brokers, and many clients apply them successfully. 

Do you give discounts? $2,000 is too expensive for me.

I understand that for many people $2,000 is much money. But the “FOREX EA SUPER” is not for everybody, only for those who can afford it and can see its power. Not everybody can buy a house, a car or travel frequently. However, with the “FOREX EA SUPER” you can have those things and enjoy your life. The robot’s price lives up to its quality. The Robot is ONLY $2,000.

From my experience some people will prefer loosing $10k or even $50k in Forex to buying a really good trading system or EA. I don’t think $2,000 is so much if you lost already $50,000. You will have a chance to get your money back. Otherwise, you can always buy a cheap EA for $100.   

Instead of buying the “FOREX EA SUPER” EA you can also have your Funds managed by experienced Money Managers. So if you don’t have time for trading or don’t want to buy the EA, check out the “MaM” page.

 

 

Can I test this robot on a demo first for a day or two before I decide to buy it?

Unfortunately we don’t give the robot for tests. You can test it on demo accounts or do trading on real account after you purchased it. Check the Disclaimer for details. You can see the performance of the robot on the accounts shown on the website, so this is best proof of the Robot performance.
In case of any other Forex EAs available on the Internet or quality goods like a “Rolex” watch, you don’t get them for “testing” to see if you like them or not.   

Does the “Forex EA Super” work with 5-digit spread currency pairs? How big spreads can it trade on? How about variable spreads?

The “FOREX EA SUPER” can work with 5-digit and variable spreads. 1-2 pip spreads are best, but spreads up to 3 pips might bring profits as well. In case of EURUSD most brokers have spreads of 1-2 pips, so this pair can be traded quite often. In case of GBPUSD there are a few brokers only with spread of 2-3 pips, so the choice is limited, but still possible.

Which timeframes and indicators does it use?

It doesn’t use any timeframes or indicators at all. It is based strictly on the currency price changes, so called “price action”.

Is the internet and computer speed important with this robot?

Yes, both a fast computer and fast internet connections are very important for this robot since it analyzes lots of factors and prices and must send orders quickly to the broker before the prices change. So every millisecond counts. Please check the LATENCY CHART  for more details.

How can I find the right brokers?

There are over 250 brokers worldwide with MT4 platform. Most of them you can find here:www.forexbrokerguide.com and  www.100forexbrokers.com. You can find there lots of information about the spreads, dealing desk, country of origin, deposits, etc. You can also use the brokers shown on our website or on the RECOMMENDED BROKERS page or LATENCY CHART, but the final choice is up to you.

Can I use the robot on my Mac computer?

Yes, it is possible. Although both robot and MT4 platform work only in a Windows environment, but you can download Apples bootcamp, which is provided for free, to run Windows and Windows based applications.

I checked the 121 Securities page and your robot is not on their recommended EA list, but you were trading there and making money?

Well, first of all brokers will not recommend any EA that makes money there, since they will lose money, unless they are true ECN. Second of all, my robot is not that famous and brokers don’t know it as well as other commercial EAs, and I am very happy about this fact. I don’t want everybody to have it, just chosen traders, that’s why it’s so expensive and not many people know about it.

 

If you have any other questions about the Robot, please do not hesitate to contact us

If you have any other questions about MaM, please do not hesitate to contact us

 

We will be very happy to assist you no matter if you are a beginner or advanced trader and no matter what kind of questions you might have, regarding the Robot, MaM or Forex trading in general.

 

With the “FOREX EA SUPER” you can also succeed and your life will never be the same.

Enjoy your trading and great profits  

with the “FOREX EA SUPER”! 

 

HIGH RISK WARNING:

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.