Smart FX Technology

[sudacan]

hi Johnny
can u please update us .. we all waiting for your feedback and the rating for this EA , and im waiting for your recommendation shall i go ahead & buy it or not

thank you in advance :-)

[goalmillion]

Thanks Johnny for all the replies. Just saw your messages, I was out for the long weekend.

Yes, I did load all the presets and I would appreciate if you could upload your set files.

Thank you so much!

[gazlim]

I like this bot so far.

So far it's contributed about 10% on the account this month, with Euraud being the best performing with a perfect 20 from 20 record. Average win is about 13 pips.

[johnnykanoo]

Hi guys,
Yes I do highly recomend this bot package. Since I went live this ea has earned over 40% We took a couple of hits here and there but overall she recovers nicely!

EUR/USD breakout hunter has had 42 trades 75% win rate and an overall net pips of +647.7 and a profit factor of 1.66
USD/JPY scalper has had 22 trades win rate of a disappointing 41.5% overall net pips -21.7 and a pf of .76
EUR/AUD scalper has had 67 trades and an amazing winrate of 92% net total of 539.5 pips and a pf of 2.75
EUR/GBP scalper has had 25 trades and a win rate of 83% but a net total of only 6.2 pips and a pf of .91
EUR/CHF scalper has had 40 trades and win rate of 90% net total of +44.1 and a pf of .97
EUR/CAD scalper has had 24 trades and a win rate of 59% net pips -372.8 and a pf of .23

my conclusions from this data are breakout hunter is doing well and EUR/AUD is amazing. I may increase risk a little on E/A but I will keep E/U where it is.

This strat has the benefit of having two types of traders breakout and scalper. When scalper performs poorly hunter usually does well and vice versa.

This ea depends on larger stops and smaller targets therefore it is prudent to have many winners. In the instance of EUR/GBP and EUR/CHF all the small gains got wiped out by 1 or 2 losers. This leads me to believe that EUR/AUD can give back a nice chunk of profit if we get stopped out so I will keep that in mind when I increase risk.

EUR/CAD will get a risk reduction. I don't want to stop trading this pair but I do want to limit any damage. USD/JPY is on notice. I am not going to reduce risk yet but if this pair doesn't improve I will certainly cut risk down on this one too.

Overall this bot is doing well and because of the diversity it is more stable. Customer support is unmatched anywhere in the industry. Anyone interested in this bot should definitely do so. Robert offers a money back guarantee but I think once you guys start using this you will not want to return it.

Ow yea one other thing. you are able to put these ea's on as many accounts as you want as long as its on one vps. This is nice. I have so many ea's that I am limited in my testing because there is only one live license. Not the case here.

Sorry I have been neglecting my theads guys and gals. I'm still trading. It's just my other business has kept me very busy. I can't tell you how many generators I have sold. Between that and trade shows I have been running around like a mad man trying to keep up.

Talk to you guys later,
John

[gazlim]

I've had similar results John,

Eur/AUD has been a superstar, and the breakout hunter has been profitable thus far.

I dont use the usdjpy on any of the EA's I run since I've never had a positive overall result with it. THis one included.

The key here is to test on a demo first ppl and understand that in any trading system you are going to have a drawdown. This EA allows you to specify your risk so you know how much you are going to lose if things go pear shaped.

Like Johny says, this EA recovers very well and rather quickly in my experience.

It already has been mentioned but if you purchase the ea for a month (even on demo) and if comes out negative, you get the software for free.

That to me is an unbeatable deal.

[sudacan]

Thank you johnny & gazlim for sharing
but are you guys using the default settings ??
because i think they guarantee the good results "The money back guarantee" only when using the default settings !!

My second question is :
Do you guys recommend it over Forex megadroid & Fap turbo EA's??
im new to this whole thing! and your help and advice will be much appreciated :-)

[gazlim]

I used default settings, am trading everything except usdjpy.

I haven't used tge other eas u mentioned. Im only running wall st and smart fx

[johnnykanoo]

smartfx is definetly better than those ea's. As for the guarantee I think the developer is extremely fair. If you buy this ea, you can have Robert do a remote session with you to make sure you are set up right. As far as I know all my sets are default except risk which I have tweaked a little.

I think once you run this ea you will not want to return it, however like I said they are so fair. It's not business as usual. These guys are not looking to steal your money. They have a great product and stand by it and I am sure they would honor your return request if you were to ask. I know of at least one instance where they extended the return period for one reason or another. It's not like other developers that take the money and run. These guys are genuine!

Overall I am happy with this ea (ea's)

For the month of September I am up over 1300 pips!!!

The only thing I will add to this above statement is that these ea's open trades in pairs so if you look at it that way than for the month we are up over 650 pips but I am going to go with the +1300 (it just feels good )

[goalmillion]

Johnny,

Can you please share your risk settings?

Thanks

[sudacan]

Everyone here has been amazing !!..
Johnny & Gazlim thank you for your help & answers , it meant the world since im new to the forex world !

i took your recommendation Johnny & just ordered the smart fx ea, hopping ill get the same great results u got :-)
wish me luck all