Reviews of Forex Products

Forex Trading Buddy

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Forex Trading BuddyForex Trading Buddy is a hybrid trading Expert Advisor with three built in Forex robots each trading different strategy.

It is a hybrid in a sense that it scalps and trades swings at the same time. The scalper part of the system trades daily for small but often profits. The other 2 of its built-in robots look for swings to make more pips in a long term. The EA is developed to run on EURUSD currency pair and doesn’t open new trades on Fridays as a protective measure.

The backtests show a winning rate of about 82% and a drawdown of only 6%. The scaler’s trades have a higher risk as any scalper’s but the swing robot’s trades have a good risk/award ratio (<1) and seem to cover the scalper’s risk well.

Forex Trading Buddy EA is very customizable, well documented and user-friendly. It works with all brokers including ECN and 5 digit brokers.

More details:

  • Cost: $147
  • Currency pairs supported: EURUSD
  • Guarantee: 30-day money back guarantee

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2 Comments

  1. I have running in three demos accounts for the past week.

    It has opened and closed six trades for a total of 75 pips.

  2. It’s a 50/50 deal. You might as well throw darts…

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