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Expert Advisors Reviews

Top Five Performers at FXPro EA Library in September

We haven't had a look at FXPro's library for Forex robots for quite some time and there have been some changes  at this marketplace, as more robots are now available to choose from and there are also some that you can actually purchase. Today we are happy to present you with the top five performers among the expert advisors (EAs) in the library for September. 

 
 
 

First Place 

 
At the top of the chart we see an EA that we've reviewed and that we've gauged as a solid performer: OndaFX, by the Pimpmyea.com team. The robot got the first place with a gain of 31%, which is a significant achievement and, so, our praise goes to Andrea and Paolo. 
 
The winning robot trades EUR/USD and AUD/USD, using the one-hour (H1) timeframe and opens positions using a famous technical indicator: Bollinger Bands.
 
The robot normally costs $149.99 but you can get a $50 discount from the library. Moreover, FXPro allows you to trade with this bot using micro lots (0.01 of the standard lot) instead of the default mini lots (0.1 of the standard lot). This way you can reduce your risk exposure markedly, although I would not define OndaFX as a risky bot.
 
 

Second Place

 
The second place, thanks to gains of 22%, is taken by the CabEx EA (v.1.02), a robot by Phibase Technologies, the same team that produced the Synergy EA and the Ray Scalper. The robot trades the GBP/USD solely using the H1 timeframe, with its strategy summarized as price action around moving averages.
 
The robot usually costs $350, but there is a 50% discount for FXPro customers.
 
 

Third Place

 
At the third position we find the Happy MartiGrid EA, with gains of 11%. The robot trades the GBP/USD with the H1 timeframe. As its name points out, we are dealing with a machine that uses gambling methods – the Martingale/grid, with the trade contract size of every new position rising steeply if a loss is incurred by the preceding position.
 
The robot normally costs EUR 199.99 but FXPro clients get 30% discount.
 
 

Fourth Place

 
At the fourth position we find PercivalFX (EURUSD H1/H4) another robot from the pimpmyea team – obviously, September was the month of their robots. 
 
As the name of the EA suggests, it trades EUR/USD solely and uses the one-hour (H1) and four-hour (H4) timeframes. The opening of positions is based on the readings of a raft of fuzzy indicators.
 
The robot delivered gains of 8% for the month, but we should note that the end of September and the start of October were somewhat problematic for the EA and it made losses. One more worrying sign is that as the losses started, the trade contract size was raised twofold, this way leading to bigger losses. Of course, the raise of the contract size may be reflecting the simple strategy of raising volumes as equity grows.
 
The robot costs USD 149.99 but thanks to a discount of 30% for FXPro clients you can get it at a lower price.
 
 

Fifth Place 

 
The fifth position is for Golden EA, with gains of 4%. Do not be fooled by its name, though, as it does not trade Gold, it trades the EUR/USD solely, using the M15 timeframe.  The robot is a scalper that seeks to profit from volatility during the Asian session. The best news comes last – the EA is available for free.
 
 
Congratulations to the developers of the top 5 performers – we hope to see some great results next month too.
TAGS: fxpro  fxpro ea library  forex robots  forex automated trading  top five ea  expert advisors  best eas september  gains  ondafx  percivalfx  happy martigrid  cabex  golden ea 

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