How to recognize a profitable forex ea?
This is the easy part. Always and we mean always check a verified track record to see how the EA behaves. Do not take a screen shot, reviews or 5 stars serious. And if this isn’t even enough, we strongly recommend to always test drive an EA before going live. This allows you to “get the feeling” and will give comfort about the algorithm.
The reason why the Piphiker is one of our most profitable forex ea is due to the simplicity of the ea. Where a normal averaging strategy will put pressure on your account, the piphiker has a built in hedge feature that allows the strategy to hold your account steady. For those of you who are looking for a dynamic forex robot that trades from the hour that you activate it, you will like the Piphiker robot. Using the one minute time frame it uses the Macd and Rsi indicators in the M1 time frame to pick up entries and it hedges positions once the trend reverses.
This expert advisor behaves very well within a ranging market and do expect some drawdown once a trend keeps going. If used the correct way, this EA can produce triple digit profits within the years end. The expert advisor trades all currency pairs.
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