Forex Enigma EA Review An In Depth Analysis
A 30-day money-back guarantee is present for all the packages. When compared to the competitor systems in the market, the price of this FX EA is not expensive. The devs provide only one FXBlue verified trading account running Forex Enigma EA.
Conclusion of Forex Enigma Review
They claim it is a 3 in 1 trading ea with scalping, trend and half grid with “a news filter which greatly improves the efficiency of trade”. Putting this much emphasis on a basic news filter (which any good EA should have by default) is already a concerning red flag, but lets continue. Lifetime license of 1 real account for the Basic version, 2 for the Standard, & 3 for the Professional on with unlimited demo accounts for all versions. Forex Enigma EA uses three types of the most popular automated trading strategies.
The claim to have many market leader innovations and that Forex Enigma EA has a unique ability achieve consistent profit month after month. They then have some buttons to buy, a contact form and a page for affiliates. Sign up to our newsletter for free robots, ea’s and trading secrets. Forex Enigma EA is a Forex robot with three different plans and verified FX Blue trading results. After decreasing trading frequency, noting extended Grids, and checking a blown account, we’d like to note that the robot is not okay.
This means means that you are in full control of the entire circumstance. The system closed only ten orders in October 2021. 30 Day Money-Back Guarantee is provided roboforex review by the EA vendor. System Levels is a cutting-edge platform that provides businesses with Pro-Level Trend Analysis Tools and Training.
As mentioned earlier in the review, forex broker listing the system also works with the grid approach. Poorly calculated grids could lead to large losses. You may find yourself in a margin call in no time.
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- Traders can receive a margin call on their portfolio if the market chooses to trend in one direction significantly.
- This means means that you are in full control of the entire circumstance.
- Poorly calculated grids could lead to large losses.
- From the above trading results, we can see the real USD account reveals a total profit of 28.4% with monthly and weekly profits of 5.1% and 1.2% respectively.
- We have the Buy direction (91) more frequently traded than the Sell direction (69).
Unlike us humans, the Forex Enigma EA is devoid of emotional instability and will only work in a completely calculative environment. Social Trader Tools is a platform that provides traders with a suite of tools to help them analyze the market,… We could not find user feedback for this EA on reputed third-party sites like Forexpeacearmy, Trustpilot, etc. The lack of user reviews indicates this is not a popular EA among traders. A real live account verified by the FXBlue site is displayed on the official site.
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Forex Enigma is built to work on the MT4 platform only. The devs explain that they have integrated 3x innovative trading approaches in one algorithm (scalp, trend, and half grid). A news filter is included as well to enhance the efficiency of trades. From the above trading results, we can see the real USD account reveals a total profit of 28.4% with monthly and weekly profits of 5.1% and 1.2% respectively. Profitability of 75.3% and a profit factor value of 1.84 are present for the trading duration of 148 days. The vendor is selling Forex Enigma using click2sell service, so you can pay for the software via PayPal.
Some features of Forex Enigma
By using this FX robot, the vendor assures easy money without spending any effort. We could not find info on the developer of this EA or the team responsible for the designing and operation of this FX EA. There are no details like founding year, location address, phone number, etc. The lack of vendor transparency makes us suspect the reliability of this FX robot. However, traders need to be careful about believing everything they encounter in the business sphere.
There are no Myfxbook accounts, which is disappointing because Myfxbook provides the most transparency when it comes to confirmed trading results. The account was started in January 2020 but we can see first closed orders only on February 24. Overall, it looks like there’s some kind of manipulation is going on, and I think that we can’t trust these results, especially with such a short trading period. Forex Enigma is an FX robot that is designed to work on the broker finexo MT4 platform. It uses multiple strategies to ensure profitability. This ATS uses an automated analytical system that can provide you with high returns without any effort on your part.
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The vendor provides a strategy tester report for this FX EA. Forex Enigma doesn’t give an in-depth explanation of their strategy. Forex Enigma EA sales page is very simple, consisting of an FX Blue account, some minor strategy details, a couple back tests and a pricing section. We aren’t sure about this because we have seen many accounts during a year or so where the robot worked. Thursday was the most traded day with 15 orders and $17.09 of the profits.
Forex Enigma is a 3x innovative trading strategy in one algorithm (Scalp, Trend, and Half Grid) with a News Filter which greatly improves the efficiency of trade. Forex King EA is an advanced automated trading tool designed to help forex traders generate consistent profits in the forex… While the Basic package costs $149, the standard and the professional packages cost $199 and $249 respectively.
This EA uses a fully automated Forex approach and a programmed analytical system that enables hands-off trading. The backtest of this strategy with high risk setting you can see on the screenshot above. The win rate was about 68% for longs and 78% for shorts. The maximal DD was 28.05%, which is quite normal for this type of EAs. The developers of the service do not introduce themselves to the public in at any point of their sales page.
- We have no testimonials written but one blown account connected.
- The software comes through a one-time payment of $149, which offers a license for one live and unlimited demo accounts.
- Read through our review to see what experts have to say about the Forex trading software.
- Historically, we have seen some pretty strange accounts on FX Blue, so we aren’t always sure of their legitimacy.
Looking for reliable trading signals to boost your investment portfolio? Look no further than Wolfx Signals – a platform that… Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA.
From the above trading stats, we find the real USD account had a total return of 4.5% and a monthly return of 4.1%. For a total of 42 trading days, the profit factor is5.94 and profitability is 80%. The most important stat of these results is the very small sample size of 86 days of history. The software comes through a one-time payment of $149, which offers a license for one live and unlimited demo accounts. Traders can also get keys for 2 and 3 portfolios at $199 and $249. The account has attained a total return rate of 4.5% for the 42 days it has been active.