Finally! a no hype forex robot: Forex Lexus
Hi Guys,
Forex Lexus , Maybe one or two of you allready have been hearing about it, I also told about it in my Fapturbo thread.. I have finally found a Forex Robot seller that is REALLY honest about how his EA works.. Sometimes it wins sometimes it looses, that is just the way Forex trading works! The difficult thing about trading is that you win more then you loose, well, Forex Lexus , will do just that, on the website you will see its goal is to win 10-20% a month, which is very reasonable and sustainable for forex, and at least 50 times better then a savings account with your bank. However when cranking up the risk just a little bit, higher gains are possible.
The seller is just a normal guy that has put his manual system he follows, which appears to be very simple, into a a working Metatrader4 expert advisor.
It is different from manay EA's out there that are based on scalping for a large number of small winners.. Sometimes these robots seem to work fine, but we all have seen that once the stop loss is hit, most of the time these small winning trades are not enough to recover from such a stop loss. Also Fapturbo has difficulties these days to come out at break even, at least my account does.
The Forex Lexus robots are based on intraday swing trading. they discover trends, and then open trades that follow the indicated trend. So it does not trade so often like Fapturbo, but none the less you can have one or two trades every day. Another thing is that it allows tading during the whole day, so 24/5.. which also increases the chances of opening profittable trades. Scalpers most of the time trade only a few hours a day during the quiet Asian session, for example.
Actually Forex Lexus provides not one, but 3 expert advisors, each of which has its own settings. One on USDJPY, one low risk on GBPUSD and one High risk on GBPUSD.
What is so nice with this robot, and a very important reason for me to get Forex Lexus myself, is that he will send you an updtaed version every month, so the robots are allways suited to the current market conditions. This is very important, we all know that most robots may work a little bit for a while and then start draining money like a leaking sewer!! That is because most robots are suited to a particular market condition, but we all know market conditions change, and change fast sometimes. If necessary Forex Lexus will send out a message with adjusted settings to keep the robots profittable. By the way, product support is excellent with this guy, he will respond to whatever questions you throw at him within 24 hours, he is very open and to the point, and tells you like it is, also open for sugestions to improve his robots.
My live account is now running Forex Lexus ea's on USDJPY and high risk GBPUSD, and also still Fapturbo. My account has been refunded (again, last week I tried manual trading, which did not work.. of course.. PLEASE NOTE that ALL trades of 24/09/09 to 25/09/09 were MANUAL trades) so you can see how it goes.
From this date(26/09/09) forward All USDJPY and GBPUSD trades will be made by Forex Lexus . (USDCAD and EURCHF trades are made by Fapturbo). Forex Lexus settings are at default, with low risk (only 0.05 lots per trade)
http://www.mt4stats.com/sig1/jltadawulfxlive.gif
So when you are burned by all these hyped up forex websites, doing nothing then scalping YOU from your money, Forex Lexus might be the robot you were looking for.
Forex Lexus in a nutshell:
- No Hype, the website tells you like it is.
- Goal: 10-20% a month, higher gains possible when setting the risk a little higher.
- The creator of the robot is using Forex Lexus himself on a daily basis, and showing it on his website
- Monthly updated, so allways suited to the current market conditions
- excellent product support, will send emails with adjusted settings if required.
- No Scalper, but swing trade for less trades but higher gains.
- Works with every broker, spread is not really an issue.
- Compliant with new NFA rules (no hedging, FIFO is applied)
- Drawdown is limited, when market goes against the trade, it will setlle for a small loss.
- easy to install
- easy to setup, only a few settings to be taken care off.
- Set and forget: Once a month, install, check settings and let it trade automatically.
So follow the link in my signature to go to the website, or just forllow the direct buy link here when you want to purchase:
Buy Forex lexus here!
Ok, that is it for now, I will update this thread with news about forex lexus and how it goes with my account on a weekly basis.
If you have any questions, please do not hesitate to reply here, or send me a PM.
Thanks.. and...