Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (2024)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (1)

ForexFlex EA

Table of Contents

  • ForexFlex EA
  • Forex Flex EA Review – The Ultimate Forex Trading Solution
    • Best Forex Robots
    • Forex Flex EA – One Of The Best Forex Robots On The Market
    • How Does Forex Flex EA Work
    • Forex Flex EA – More Facts About This Profitable FX Expert Advisor
    • Simplicity
    • Community
    • Customer Support
    • Precision
    • Flexibility
    • Verified Results
    • Key Features
    • Money Management
    • News Filter
    • Equity Trailing TP
    • DD Stoploss
    • Session Filters
    • Indicators
    • Indicator Closures
    • Time filters
    • Hedging
    • Hide from broker
    • Currency filters
    • Much much more
    • Forex Flex EA Update – New Forex Flex FTMO EA Released
    • Forex Flex FTMO EA – How Does It Work?
    • Passing FTMO Challenge With Flex Expert Advisor
    • Forex Flex EA Update – New Version Of This FX Expert Advisor For Metatrader 5 (MT5) Released
    • IMPORTANT: MT4 SET files are compatible with MT5, and there is a new MT5 SET file included!
    • Performance Of Forex Flex EA
    • Advantages And Disadvantages Of Forex Flex EA
    • Final Thoughts
    • Refund Policy
  • Visitthe OfficialForex Flex EA website
    • LIVE ACCOUNT TRADING RESULTS:
    • DEMO ACCOUNT TEST RESULTS:
  • Visitthe OfficialForex Flex EA website
    • ALSO ON BEST FOREX ROBOTS | FX EXPERT ADVISORS | FOREX EA'S - BESTFOREXROBOTS.COM

Price: $349.47 (Discounted Price for Forex Flex EA, 1 LIVE Account License for Metatrader 4 (MT4), UNLIMITED DEMO ACCOUNTS, FREE UPDATES & 24/7 FRIENDLY SUPPORT)
Currency pairs: Any (GBPUSD, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD, EURGBP, EURJPY, EURCHF and NZDUSD are the best pairs. Avoid the following pairs: EURNZD, EURAUD, GBPJPY, GBPCHF and EURCAD)
Timeframe: Any (M15, M30, H1 and H4 are good for any of the built in strategies)

OFFICIAL FOREX ROBOTS WEBSITE >> BUY THIS FOREX ROBOT NOW! >>

Note: LIMITED TIME OFFER – 67% OFF – Use COUPON CODE: FLEX67OFF

There are 3 different packages of Forex Flex Expert Advisor available right now:

– FLEX EA x1 MT4: 1 LIVE Account License For MT4, Unlimited DEMO Accounts, All Strategies
Regular Price: $1,059, Discounted Price: $349.47
– FLEX EA x1 MT5: 1 LIVE Account License For MT5, Unlimited DEMO Accounts, All Strategies
Regular Price: $1,059, Discounted Price: $349.47 – SOLD OUT
– FLEX EA x2 FTMO MT4 + MT5: 2 Licenses For MT4/MT5, Unlimited DEMO Accounts, All Strategies/SET Files Included, Full Access To Private Forums, Access To FTMO Prop Firm EA Version
Regular Price: $1,515, Discounted Price: $499.95

Update: Forex Flex FTMO EA – Prop Firm Trading Robot released in December 2022!

LIVE ACCOUNT TRADING RESULTS:

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (2)

Forex Flex EA Review – The Ultimate Forex Trading Solution

Forex Flex EA is the ultimate forex trading solution! This automated system claims to deliver consistent profits to traders, regardless of whether they’re a novice or experienced. But does it live up to its promises? Let’s take a closer look and find out.

The Forex Flex Expert Advisor is packed with advanced algorithms and features a range of key elements that traders can customize to suit their needs. From advanced money management to multiple trading strategies, customizable settings, and 24/7 trading – this system has it all! Plus, it’s compatible with a wide range of forex brokers, making it easy for traders to get started. So, if you’re looking for a reliable and profitable forex trading solution, Forex Flex EA could be the perfect choice for you.

Best Forex Robots

Have you ever heard of Foreign Exchange Trading? You might know the term better as Forex Trading. It is the type of trade market where major foreign currencies from around the world are traded against one another. The increase and decrease in the values of the currencies are what determine whether a trader gains a profit or loses money on their investment.

A successful Forex trader must assess the strength of one foreign currency against another foreign currency. This will involve looking closely at the various international markets and studying the strength of their economies. Other geopolitical actions and events may influence these markets as well.

Once you become experienced at assessing international markets and their economies, you’ll have the confidence to invest thousands of dollars into foreign currency trades. In other words, you’ll purchase certain foreign currencies at a time when you know they’ll get stronger against other foreign currencies. After they do get stronger, you can sell the currencies and make a substantial profit on your investment.

In theory, this whole process might seem simple enough. However, there are several other variables involved in making profitable trades in the Forex marketplace. So many new traders act on emotion and impulse rather than on strategy and instinct. If you do this, then you’re destined for failure as a Forex trader.

Fortunately, there is a lot of advanced computer technology and software available nowadays, which eliminates the “emotional trading” factor out of the equation. This technology comes in the form of Forex Trading Robots.

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (3)

Forex Flex EA – One Of The Best Forex Robots On The Market

The Forex Flex EAeliminates the need for Forex traders to watch the market 24/5 and make trades based on impulse. This will make it easier for you to place successful trades without you having to lift a finger.

A sophisticated analytical system is programmed into the software, which constantly studies the changes to the currency exchange rates on the market. You get to decide the parameters of your Forex transactions before the robot is activated. In other words, you can specify the financial limits of your trades and the robot will obey them. This ensures that the robot doesn’t buy more than you can afford or sell more than you’d want it to sell.

Based on your programmed strategy for the Forex trading robot to follow, it will make specific trades whenever the exchange rates reach a certain value or range. By trading this way, you won’t get emotional when you see the exchange rates change for the better or worse. The robot allows you to stick to a predetermined strategy by watching the market and trading for you.

The Forex Flex EAcan remain operational throughout all the active hours of the Forex market, which is 24 hours per day, 5 days per week. As soon as the robot discovers a profitable opportunity for you on the exchange, it will immediately initiate a trade on your behalf. You could even be asleep when this is going on and then wake up to your new profits the next morning!

Therefore, start eliminating the stress and emotional factors of Forex trading by obtaining the help of this unique Forex Flex EAor another one of the best Forex robots available.

How Does Forex Flex EA Work

Forex Flex EA is a highly advanced and fully automated forex trading system that utilizes sophisticated algorithms to analyze real-time market data and make informed trading decisions. This system is designed to trade on multiple currency pairs and can be customized to meet the individual trader’s needs. With the Flex Expert Advisor, traders can employ various trading strategies such as scalping, swing trading, and grid trading to identify potential trading opportunities.

One of the standout features of Forex Flex EA is its advanced money management system, which helps traders manage their risks and maximize their returns. The system is designed to trade 24/5, providing traders with a constant stream of trading opportunities. Moreover, it can be easily integrated with a wide range of forex brokers, making it a convenient choice for traders to get started with.

The Forex Flex EA strategy employs virtual trades that run in the background to constantly monitor the current market conditions. It waits for the ideal entry opportunity based on a combination of technical and price action analysis. Once it finds a trade setup, it places and manages trades automatically. The default settings use 6 virtual trades per currency pair to monitor the market.

The developer of Forex Flex EA has put in countless hours over many years coding and testing the system, and offering top-class customer support to ensure that it is a well-established, long-running and fully automated forex trading system that runs in the Metatrader 4 (MT4) and Metatrader 5 (MT5) trading platforms.

Forex Flex EA – More Facts About This Profitable FX Expert Advisor

  • Simplicity

    Ready to go out of the box settings, simply plug and play. It’s literally a matter of attaching it to a chart, selecting the strategy you want to use from a drop-down list and clicking OK, that’s it! One of the easiest forex ea to use.

    Works best on(GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD, EURJPY, EURCHF, EURGBP, NZDUSD)but can be traded on virtually any charts. There are a few pairs we recommend avoiding in the setup guide.

    Optimized set files:

    This is what sets Forex Flex EA apart from the rest and makes it the Best Forex EA on the market. Don’t be overwhelmed by the hundreds of unique settings available in Flex. The highly optimized set files take the built in strategies a step further so you don’t have to spend your precious time tweaking. Download a .set from your members area, load it into Flex (as simple as clicking File -> Open) and done! Your Flex EA will now load all the appropriate settings from that .set file. Not only are there highly optimized .set files from our team, but also some very strong performers shared by many forum members with lots of discussion and help provided.

  • Community

    The only EA on the market that offers an unfiltered Active Members Only Forum for everyone to share, discuss, brainstorm and help each other. No other EA vendor has the confidence to provide such a valuable tool to it’s customers.

  • Customer Support

    Steve put this as a key element of Forex Flex EA because not only he is the developer, he also is the customer support. You will be speaking directly to the person that codes the EA and knows it inside out, not some hired representative that only knows the basics. He replies to everyone and many of the features you see in Forex Flex EA today are customer requested features over the past 7 years.

  • Precision

    New market monitoring Virtual Trade Technology brings precision entry points that no indicator can compete with. The default settings will use 6 virtual trades per currency pair to monitor market conditions. Lowering this number will result in less accurate entry points, but higher trading frequency. Raising this number will do the opposite. When the market shifts, this is the one of the main settings we end up changing. If and when that happens, the support team will send out automatic update notices to everyone.

  • Flexibility

    Forex Flex EA is an automated trading robot that can be setup to trade just about any trading strategy imaginable. All 3 memberships will include 12 Unique Trading Strategies. You can plug and play them at the click of a mouse. Steve also offers an array of optimized set files for this Expert Advisor.

  • Verified Results

    Forex Flex EA has been the best MT4/MT5 EA since 2012 to 2022. It is a verified Forex EA that works, which you can see by many verified Myfxbook results to show.

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (4)

Key Features

  • Money Management

    Adjusts lot sizes based on account balance automatically, even as it grows.

  • News Filter

    Avoid any and all High Impact News Events by ‘xx’ number of minutes. Highly configurable you can either turn it off or avoid news for as many minutes/hours before/after as you want.

  • Equity Trailing TP

    One of the core take profit methods of Forex Flex EA. This doesn’t require a physical pip based TP on each trade. Instead it follows all trades from each pair in a “basket”. And when one basket reaches a pre-defined percentage, it will trigger this EquityTrailTP to start, locking in half the profit and it will begin trailing it up with the potential of making a lot more than you would imagine, while maintaining the safe guard of never losing once the TP is locked in. This is a very powerful feature that some customers will buy this Forex EAjust to manually trade and have this feature alone control their take profits.

  • DD Stoploss

    A fail safe, set a percentage of your account balance to close all trades at a certain drawdown percentage. If you want this Forex EA with low drawdown, and cut losses if it exceeds a certain threshold you can set this setting to a low value.

  • Session Filters

    Decide if you want to trade 24/5, or avoid certain sessions like Asian, New York, or London.

  • Indicators

    EMA crosses, TDI, Support & Resistance, Bollinger Bands, ADR, Stochastic, RSi, Candle sizes, Momentum, and more. All of these indicators can be independently toggled on/off and configured highly.

  • Indicator Closures

    Close trades based on indicator configurations, want to close at an EMA cross? No problem. Close when RSi reaches a certain level? and much more!

  • Time filters

    Avoid certain times of the day or certain weekdays.

  • Hedging

    Turned off by default but available with many configuration options at your finger tips. This is not used by a lot of strategy/SET files as not all brokers allow hedging. But it is available in Forex Flex EA for those who want it.

  • Hide from broker

    Don’t want your Forex broker knowing how you trade, use this feature.

  • Currency filters

    This will limit your exposure to specific currencies. For example it will limit that max number of USD pairs to be able to trade at the same time to 2 by default. But this can be changed to whatever you want.

  • Much much more

    These are just “some” of the key features of Forex Flex EA to give you an idea of what will be at your finger tips behind the scenes here.

Forex Flex EA Update – New Forex Flex FTMO EA Released

Steve and his developer team have finally released their Forex Flex FTMO EA. The new FTMO prop firm custom version of Flex was designed to not only follow the FTMO EA rules. It also focus its trading style to suite those tight trading conditions.

Forex Flex FTMO EA – How Does It Work?

The Forex Flex FTMO EA is a tool that simplifies Forex trading by automating most of the trading process. All that is required is attaching it to the recommended charts and selecting the desired strategy. It is one of the best Forex robots available on the market with a review rating of 4.5 out of 5 stars. Some of its key features include automatic lot size adjustment based on the account balance and news filtering to avoid high impact news events. Additionally, the Forex Flex FTMO EA allows traders to trade various instruments and assets, including Forex, Indices, Commodities, Stocks, and Crypto.

The Forex Flex FTMO EA is pre-programmed to execute specific actions to meet the trader’s desired goals. For instance, if the EA meets the profit target but has not fulfilled the minimum trading day requirement (10 days), it will automatically open a minimum lot size trade each day until the trading day requirement is met. After meeting all the criteria, including the profit target, it will pause all trading activities.

An analysis of two FTMO challenges using the Forex Flex EA shows that one challenge passed all the criteria, while the other challenge met all but one criterion, going slightly over the maximum daily loss limit. Overall, the Forex Flex FTMO EA is an effective tool for automating Forex trading and has proven to be successful for many traders.

Passing FTMO Challenge With Flex Expert Advisor

This was Steves first ever attempt to pass the FTMO challenge using an EA.

And this was the 2nd attempt to pass the FTMO challenge using Flex EA but with different settings.

You will see everything passed except the max daily loss of $500 was exceeded by $60.

This is an upgraded version dedicated to increasing odds of passing challenges.

Forex Flex EA Update – New Version Of This FX Expert Advisor For Metatrader 5 (MT5) Released

We are proud to announce the new version of Flex Robotfor Metatrader 5 (MT5)!

It took Steve 300+ hours to convert it from MT4 to MT5, but it comes with some big improvements!

IMPORTANT: MT4 SET files are compatible with MT5, and there is a new MT5 SET file included!

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (5)

Performance Of Forex Flex EA

Forex Flex EA claims to deliver consistent profits to traders, but does it live up to its promises? To determine the performance of this system, we analyzed data from a variety of sources, including live trading accounts, backtests, and customer reviews.

The results of our analysis indicate that Forex Flex Robotdoes deliver consistent profits to traders. Many traders who have used this system have reported positive results, with some even claiming to have doubled their investment within a short period of time.

Advantages And Disadvantages Of Forex Flex EA

Forex Flex EA has several advantages that make it an attractive option for traders. Some of the key advantages of this system include:

  • Consistent Profits: Forex Flex EA claims to deliver consistent profits to traders, and our analysis indicates that this is indeed the case.
  • Customizable Settings: This Expert Advisor has everything trader’s need, including a wide range of settings and options.
  • Advanced Money Management: The system includes advanced money management features that help traders manage their risks and optimize their returns.
  • Multiple Trading Strategies: Forex Flex EA allows traders to choose from multiple trading strategies, including scalping, swing trading, and grid trading.

However, there are also some disadvantages of Flex EA that traders should be aware of:

  • Dependence on Algorithms: Forex Flex EA is heavily dependent on its algorithms, which means that if the algorithms are not working correctly, the system will not perform as expected.
  • Risk of Losses: As with any form of trading, there is a risk of losses when using Forex Flex EA. Traders must be aware of this risk and take steps to manage their risks appropriately.
  • Cost: Forex Flex EA is not a free system and traders must pay to access the system and its features.

Final Thoughts

Forex Flex EA is a popular automated trading system that delivers consistent profits to traders. Our analysis indicates that this system does indeed deliver consistent profits, with many traders reporting positive results. However, traders must be aware of the risk of losses and the dependence on algorithms when using this system.

If you are looking for a forex trading solution that can deliver consistent profits and help you manage your risks, Forex Flex EA may be worth considering. However, as with any form of trading, it is important to thoroughly research any system before investing and to always manage your risks appropriately.

Refund Policy

30 day money back guarantee with proof of poor results.

Forex Flex EA is instantly available at unbelievable price, i.e. only $349.47. So don’t wait to grab your copy!

Visitthe OfficialForex Flex EA website

LIVE ACCOUNT TRADING RESULTS:

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (6)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (7)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (8)

DEMO ACCOUNT TEST RESULTS:

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (9)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (10)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (11)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (12)

Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (13)

Visitthe OfficialForex Flex EA website

ALSO ON BEST FOREX ROBOTS | FX EXPERT ADVISORS | FOREX EA'S - BESTFOREXROBOTS.COM

  • Trade Explorer EA Review
  • Pips and Profits
  • Currency Pair Correlations
  • FXCharger EA Review
  • Happy Gold EA Review
  • Leverage, Lots and Margin
  • Happy News EA Review
  • FXTrackPRO EA Review
Forex Flex EA Review - Best Forex Robots | FX Expert Advisors (2024)

FAQs

What is the best EA forex robot? ›

Forex Fury is our #1 pick for Forex robots. This EA's been on the market over 8 years, and is one of the only trading systems with live verified Myfxbook trading accounts. The key advantages of the Forex Fury robot are the free updates, settings files, and ease of use.

Does forex EA work? ›

Before you decide to download any of these Forex EAs, it's important to remember that using these robots mentioned above doesn't guarantee profits. Trading with EAs can lead to serious financial losses. Trading with any EA without understanding the strategies it's based on is very risky and can lead to great losses.

Does forex trading robots really work? ›

Conclusion. In conclusion, forex trading robots can be a useful tool for traders, but they are not a guaranteed path to success. It is important for traders to thoroughly research and understand the features and limitations of a robot before using it for trading.

What is the most successful forex trading bot? ›

Top 5 Best Forex Trading Robots in 2024 Ranked
  1. 1000pip Climber System. The 1000pip Climber System is a forex robot that utilizes a sophisticated algorithm to continuously scan the market for potential trades. ...
  2. Waka Waka EA. ...
  3. Perceptrader AI. ...
  4. Golden Pickaxe. ...
  5. Night Hunter Pro.
Dec 14, 2023

Do forex bots make money? ›

In conclusion, the question of whether forex bots make money is complex and nuanced. While these bots offer the potential for profits through automation and algorithmic trading, success lies in understanding their limitations and using them judiciously as part of a comprehensive trading approach.

Can a forex robot make money? ›

It is possible that bots can make money for a restricted time period, but they could start losing after a while - and the money earned by the 'best Forex bot' with one position may disappear before you can claim it.

Can I use EA on true forex funds? ›

Yes, we support the use of trading tools, indicators, Expert Advisors (EAs), and bots.

What is the difference between EA and trading robot? ›

Every Forex expert advisor is based on preset rules, but EAs can differ in the rules they follow to trade. A Forex trading robot also known as an Expert Advisor (EA) is a computer software program that automates trading. In simple words, the program is designed to trade on behalf of Forex traders.

How much does the forex robot cost? ›

The Cost of a Forex Robot

The cost shifts from one method to another. The 1000pip Climber System, for instance, has a one-time introductory cost of $97, while the GPS Forex Robot costs $149. For a set fee each month or year, other systems provide access to a wider range of features.

Do forex robots make losses? ›

No, an auto-trader EA (Expert Advisor) or robot cannot guarantee profits in Forex trading without any losses. Trading in the foreign exchange market involves inherent risks, and there are several reasons why no system, including automated ones, can provide a foolproof guarantee: 1.

Can trading robots make money? ›

Another criticism of forex trading robots is that they generate profits over the short term but their performance over the long term is mixed. This is primarily because they are automated to move within a certain range and follow trends. As a result, a sudden price movement can wipe out profits made in the short term.

What is the best free robot for forex auto trading? ›

Best Forex Trading Bots for 2024
  • ✨ Forex Fury – Best Trading Robot for MT4.
  • ✨ 1000pip Climber System – Best Forex Robot for Beginners.
  • ✨ EA Builder – Best Expert Advisor for MT5.
  • ✨ AutomatedForextools .com - All Forex Robots are 60% off.
  • ✨ GPS Forex Robot – One of the Best AI Forex Trading Bots.
Feb 21, 2024

Has anyone made a successful trading bot? ›

It depends on the bot! Some lower-risk crypto trading bots boast a 99% success rate, while others execute higher-risk strategies and have a lower success rate. The main thing most investors need to consider is whether the bot they're looking at can execute their specific investment strategy successfully.

Do professional traders use bots? ›

In conclusion, bot trading is prevalent among professional traders, offering numerous benefits such as efficiency, speed, and risk management. Professional traders leverage automated systems to enhance market analysis, diversify trading strategies, and execute trades with precision.

How much can you earn with a trading bot? ›

🤖 Discover the secrets of using trading bots to generate daily profits in the volatile world of cryptocurrency. 📈 With the right bot and strategy, you can easily make $100 or more each day.

How do I choose a forex robot? ›

Factors to Consider When Choosing a Forex Trading Robot
  1. Performance. The most important factor to consider is the performance of the trading robot. ...
  2. Strategy. Different trading robots use different strategies, such as scalping, trend following, or counter-trend trading. ...
  3. Customization. ...
  4. Backtesting. ...
  5. Support and Updates.
Nov 6, 2023

Which broker is best for robot trading? ›

AvaTrade incorporates the MT4 and MT5 platforms that have long been considered the go-to for automated trading. Both are available to use Expert Advisors and run automated strategies. The broker also offers algo trading plugins for copy trading via DupliTrade and the AvaSocial app.

What is the EA robot in forex? ›

An expert advisor, otherwise known in the forex world as an “EA,” is basically a program that you install onto the platform that will automatically follow a trader's instructions once a certain criterion has been met.

Is Waka Waka EA legit? ›

Waka Waka is an advanced grid Forex Expert Advisor that already has been working on real accounts for 5 years. As of June of 2023, this EA has achieved an account growth of +6700% and 61 consecutive months in profit.

Top Articles
Latest Posts
Article information

Author: Golda Nolan II

Last Updated:

Views: 6469

Rating: 4.8 / 5 (78 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Golda Nolan II

Birthday: 1998-05-14

Address: Suite 369 9754 Roberts Pines, West Benitaburgh, NM 69180-7958

Phone: +522993866487

Job: Sales Executive

Hobby: Worldbuilding, Shopping, Quilting, Cooking, Homebrewing, Leather crafting, Pet

Introduction: My name is Golda Nolan II, I am a thoughtful, clever, cute, jolly, brave, powerful, splendid person who loves writing and wants to share my knowledge and understanding with you.