ForexRealProfitEA FRPEU FRPGU

www.forexrealprofitea.com / About

FRPEA is a software program that operates on the FOREX market taking automated buying and selling decisions, based on technical analysis and statistical probability; it operates automatically without the need of any human intervention.

Working method:

• The robot uses 6 different strategies, 2 for scalping on Asian session, 1 for scalping on trend all day and 3 breakout strategies, all day also.
• The currency pairs used in trading are EURUSD (main robot) and GBPUSD (additional robot).
• The program operates with any broker, ECN included and recommended.
• Dynamic Stop Loss and Take Profit.
• Average win 25 pips, Average loss 24 pips, Winning percentage 61%.
• Safety stop loss values for all strategies, between 50 and 200 pips, depending on the strategy used.
• Dynamic lot size, automatically adjusted to the market conditions.

Safety features:

• Optimized risk for each strategy, based on 17 years of backtests and 10 years of live trading experience.
• High impact news filter for scalping strategies.
• Lot sizing: anything lower or higher than optimal volatility will decrease the lot size calculated by the robot.
• No trading if average daily range or(and) average short term range are higher than maximal limits.
• Total Loss Close, the robot closes all open trades if the total loss exceeds 7% of the account.
• 3 X 7% (Total Loss Close) = less than maximum backtest drawdown.
• 3 X Max backtest drawdown = less than 50% of the invested account, using money management set to true.
• 17 years backtest using tickdata, real spreads, slippage, commission, swap and everything related to real trading.
• Large Spread and slippage protection.
• The most reliable currency pairs, tested on our own live accounts.
• No martingale, no grid, no recovery mode, no trading over the weekend.

Option-based:

• Money Management or fixed lots.
• NFA compliance filter (FIFO / No Hedging rules), option-based.
• Automatic GMT adjustment of the trading time.
• It operates with 4 or 5 digits after the decimal point.
• It operates with micro lots also.
• It is specially conceived to be used with other Expert Advisors and it has special setting options for this.
• Currency deposit - any

Forex Real Profit Expert Advisor, Live Trading - only Real Money Accounts. Forex Real Profit Expert Advisor, now with more than 10 years (!) of third party verified real money trading results, which makes FRPEA one of the most reliable forex robot ever built.

Backtest report:
https://www.forexrealprofitea.com/resources/strategy_tester/MQL5/FRPEU_FRPGU/StrategyTester_FRPEU_eurusd_FRPGU_gbpusd_MoneyManagement_false.html

Backtets done using tick data from Dukascopy history database:

• Backtest period: May 04, 2003 - June 01, 2020
• Pairs used: EURUSD and GBPUSD
• Real Spread: Spreads from Dukascopy history database
• Broker Commission = 0.8 pips (approx. $ 8 per Lot)
• Slippage and Swap included
• Fixed lots, Money Management set to false

More backtest details on our website / Performance webpage