Forex Steam is an EA which has been live trading and we have live proof for some time now (Click Here for Proof). From the results which we have and the back-tests we can see clearly that it is looking for 15 pips of profit with a risk of 150 pips sometimes. One thing to note is that it does not use any SL and TP, this is good so you do not get spiked out, but sometimes this is not so good :).
Click Here for Detailed Testing Results about Forex Steam
This EA will make around 1-4 trades per day depending on the settings and speed you will set up. All you need to do is set it on M5 minute chart for Light version and M30 for a standard one. There basically is not a big difference between them, they both are making trades in the same direction as the trend. The only difference is that they trade at a different speed, that's it. You can use them both on the same account - but better to have it on different so you can know which one is better. The good thing in this EA is that it has a 90 pip SL, but most of the times it will close only in at most 20 pips, all this because of their retracement strategy. The only thing here to recommend: stay away on holidays - that's it.
Pro
Live Proof
fully automatic
easy to use
30-day money back guarantee if you run it at least 15 days
ECN Brokers compatible
No Up-sells
only few settings - LotSize, StopLoss, TakeProfit, MagicNumber, Stealth, Format Speed, Risk Reward Fragmentation - which is really great and you do not have to think and crash your brain which settings to use.
Click Here for a Full List of Features
Below is a sample of their live account - quite impressive, isn't it?
Cons
minimum amount to start $300-$500
