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FX Splitter Demo EA Review
- Timeframe: H1
- Broker (link): ThinkMarkets
FX Splitter EA Review – Forex Expert Advisor And Best Basket Trading Robot
FX Splitter EA is a very powerful Expert Advisor and Forex basket trading robot created by Argolab. It places individual trades at fixed intervals of time. When the next time slot occurs, this FX Bot will place a new trade, or close an existing trade, or do both, or do nothing, according to the in-build trading algorithm of the Expert Advisor and the current market conditions.
FX Splitter EA is a martingale trader. So, as the number of trades in the basket grows, new trades will be opened with the increasingly larger lot size. When the net profit of the basket reaches the given take profit level, the whole basket is closed, and the new one is started.
FX Splitter EA will work well on most brokers, 4-digits and 5-digits alike. You might wish to choose a broker with a small spread for the pair you will trade on and moderate slippage. If your account deposit is not large enough for proper money management setup, you may wish to use a cent account and this will restrict your choice of broker, as not all of them offer cent accounts.
FXSplitter EA was developed by an expert team of professional traders who want to see you succeed!
FX Splitter EA – Aren’t Familiar With FX Trading?
Forex Trading is short for Foreign Exchange Trading and refers to the profit or loss that is made by trading different foreign currencies against each other. The study of different international markets, how geo-political events affect those markets and the analysis of the stability level of a certain economy are factors that help a trader in assessing which foreign currency is about to strengthen against another.
Professional and experienced dealers who have the sixth sense for trading end up making thousands of dollars simply by buying and selling foreign currencies at the right time. They use their capitol to purchase the currency that is about to strengthen and then sell it off when it is reaches its potential.
Technically it is, but gauging the different factors and acting on the right moment doesn’t come naturally to everyone. But why waste such an easy and lucrative opportunity when there is technology to help you out!! Yes, the computer whizzes have really done it this time. Make use of the FX Splitter EA and turn your investment into GOLD!
FX Splitter EA – About Trading Logic, Setup And Other Requirements
FX Splitter EA analyzes and determines the price direction for the next couple hours or days. Also this expert advisor allows you to trade with specified risks and desirable profitability. The trading system gains great profit every day.
Trading strategy of FX Splitter EA is based on the known fact that about 80% time the market stays in the “flat” phase, which means that the price shows no significant movement in either direction, long or short. In the flat phase, the price usually moves between the upper and lower boundaries of the trading channel. Basing on this observation, the Expert Advisor places its first trade against the last movement of the price, assuming that most probably the price is going to return to its average value. If the price leaves the trading channel and continues further in this direction, FX Splitter will add new trades and increase the overall position. When a pull-back of the price occurs, FX Splitter EA closes the whole basket of orders or, in some cases, an individual order, depending on the market situation and the settings.
The description of the trading strategy so far looks very much similar to that of numerous other martingale EA’s, available on the market. So, what is the key feature of FX Splitter EA that makes it so different from the other Expert Advisors? The know-how of Fx Splitter is that it places individual trades at fixed intervals of time. When the next time slot occurs, Forex Robot analyses the market conditions and places a new trade or closes one or several of the existing trades. In other words, the trading logic of this FX Bot is not static but constantly changing and adapting to the actual market conditions. This approach is very much different from the popular so-called grid martingale method, in which new trades are added to the basket after the price moves a prescribed number of pips. During market turmoils, the price is known to make very fast swings that may cover hundreds of pips. Such rapid moves of the price can “tear down” any static grid. It is not so with FX Splitter EA. During an active market, this Expert Advisor opens trades very far from each other, whereas on a weak market, it can open several trades as close as 5 pips.
Another typical problem with the grid martingale trading robots is that they all wait for the price to make a prescribed pull-back in order to close the basket of orders in profit. What if the price will miss the take-profit by a few pips and then continue its trend movement against the basket? This is a typical and very dangerous situation that can lead to “blowing-up” the trading deposit. FX Splitter EA has an in-build proprietary algorithm that counteracts such situations. This algorithm involves different kinds of logics for closing the trading orders. During a pull-back of the price, the Expert Advisor will close the whole basket of orders if the pull-back is strong enough to bring the whole basket in profit. If the pull-back is too weak, this Forex Robot will close only one or several orders of the basket. In this way, FX Splitter reduces the load on the deposit in the case the price continues its trend movement after a small pull-back.
FX Splitter EA is designed for trading on EURUSD, GBPUSD, NZDUSD, AUDCAD, AUDUSD, EURGBP, EURJPY, GBPCAD, GBPCHF and NZDCAD currency pairs. You can start with as little as 70$. For this, you will need a cent account with minimal lots size of 0.01. Since 70$ correspond to 7,000 cent currency units, the starting lot of 0.01 will provide you the recommended Money Management settings.
We recommend leverage 1:500, as it minimizes the marginal load on your deposit. But smaller leverages like 1:300 and 1:200 are also possible.
Depending on settings, FX Splitter EA opens a trade every hour or every several (2-6) hours. If the market conditions are not suitable for opening a trade, FX Splitter Expert Advisor might skip the trading time slot or, otherwise, open several trades at one time slot.
FX Splitter EA has a very elaborated and flexible system of settings, which can be fine-tuned to allow this EA to trade successfully nearly any currency pair. Trading simultaneously several currency pairs opens wide possibilities for forming different trading portfolio with high profit yields and very moderate risks. At the moment the creators of this software provide recommended settings for 10 currency pairs; for many pairs settings with different levels of aggressiveness are available. All settings come free of charge for our users. Detailed instructions about starting and configuring FX Splitter as well as superb technical support are provided.
FX Splitter EA should keep working 24 hours a day from the market opening on Monday to the market closing on Friday. You can switch computer off during weekends and banking holidays but it is not necessary. Usage of Virtual Privat Server (VPS) service is recommended but not required.
When you purchase this Forex expert advisor you are joining a group. You are joining a small select group of traders who have decided they are ready for change and ready to achieve huge success in Forex.
There are very bleak chances of failing with the FX Splitter EA because the creators of this software guarantee a more than 65% success rate and will also provide verified results.
I have more confidence in this expert advisor than investing in the stock market, real estate, or even from the advice of some of the world’s greatest investors.
FX Splitter EA is instantly available at unbelievable price, i.e. only $169. So don’t wait to grab your copy!
- Price: $269
- Gain: 397.7%
- Monthly: 2.1%
- Running Time: 2604 days
- Start deposit: 898
- Balance: 1652.98
- Drawdown: 23.7%
- Price: $345
- Gain: 130.6%
- Monthly: 1.9%
- Running Time: 1287 days
- Start deposit: 500.52
- Balance: 623.32
- Drawdown: 26%
- Price: $295
- Gain: 871.1%
- Monthly: 5%
- Running Time: 1364 days
- Start deposit: 1000
- Balance: 9721.55
- Drawdown: 34%