Forex Real Profit EA is an automated trading robot designed to help traders navigate the currency markets using technical analysis and statistical probability. By removing human emotion from the equation, Forex Real Profit aims to provide consistent, long-term growth with minimal risk.
In this review, we analyze the robot’s performance, compare the developer’s claims against actual backtest results, and offer a free download of the software for testing purposes.
What is Forex Real Profit EA?
Forex Real Profit is a software program that operates on the MetaTrader platform. It is fully automated, meaning it makes buying and selling decisions without human intervention. The developers describe FRPEA as a tool that allows you to “sleep in a hammock” while it manages your trades, using a combination of scalping and breakout strategies.
Key Features of Forex Real Profit:
- Strategies – Utilizes 6 distinct strategies, including Asian session scalping, all-day trend scalping, and breakout strategies.
- Pairs – Specifically optimized for EURUSD (FRPEU) and GBPUSD (FRPGU).
- Risk Control – Features a “Total Loss Close” system that liquidates positions if equity drops by 7%, along with dynamic Stop Loss and Take Profit levels.
- Broker Compatibility – Works with any broker (ECN recommended) and includes NFA compliance settings (FIFO/No Hedging) for US traders.
Recommendations
- Minimum account balance of 1000$ for one pair.
- Timeframe – M15
- Specifically optimized for EURUSD and GBPUSD but work on most other pairs too.
