There has been a lot of talk about this EA - Forex Minute Trader, and also discussing the real results from this page I can tell you there is some potential in such kind of EAs and also in such kind of strategies. I took my time and checked this EA and here is what I discovered:
Click Here for Full Details about Forex Minute Trader EA
This EA will work on 5 pairs which is quite OK for me I would say since it can take a better trade on other currencies and not stick only with one. In the package you will find:
- Forex Minute Trader EA + Manual
- 1 Year Of Free Updates - I would better like them to be them free for lifetime.
Below is an image of the back-test - which looks like any good scalper. Click on the image for full report
Hidden Offers
FREE report about Tick Scalping - click Here and wait for page to load, then close it and click on Stay On Page
Here is also some good information from them:
Pro
Works on 5 Currency pairs - EurUsd, EurJpy, GbpUsd, UsdJpy, UsdChf
Auto optimization service
easy to set up and FIFO compliant
No hedging
low drawdown and nice monthly returns
trades daily
1 - 5 minutes trades which are not hold over weekend
no market execution orders - only pending orders
Trailing stop-loss with No martingale, grid, or cost averaging
I personally will give it a try and see what will happen on live trading
MyFxBook Verified - Click Here for report
Cons
Like any Scalper it is very risky
