SFE Price Action EA v1.0 MT4 expert advisor utilizes multiple systems, 15 pairs and 4 timeframes, SFE Price Action. The vendor also provides traders with a managed account (MAM) option, which includes a proposed performance fee of 20%. The main focus of the Forex Robot Nation website is obviously expert advisors, so that will be the main focus of this review today.
SFE PRICE ACTION
The creator of this software is Joel Juanpere. His company is Smart Forex Expert, which is located at office #7128396, c/o OwO, BP80157, Roubaix Cedex 1, France. There doesn't seem to be any way to contact Joel through his website, but the software is being sold through MQL5, so you can either leave a comment or send him a direct message through that platform.
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SFE Price Action Review
Contents
Unlike most expert advisors, the SFE Price Action the system works with different time frames. The developers believe that this allows the software a higher probability of account growth because there isn't a reliance on a single pair or timeframe. As the name dictates, the strategy is price action based, with no ties to hedging, martingale or grid methodologies. They believe that these types of strategies are too dangerous, and thus they've done their best to
steer clear of all of these elements
In terms of settings, the creators of the system want to reinforce a realistic management of internal adjustments. They believe that "instead of trying to find the exact values that fit historical prices of the each pair, the expert uses values that are effective in all pairs." Essentially, the robot will work on multiple pairs with the exact same settings.
Breakdown
• Type: Forex Robot
• Price: $2000
• Strategy: Price Action
• Timeframe: M5, M15, M30, H1
Rent: 2000 USD
Buy: 2000 USD
For 1 month: 180 USD
• Pairs: EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, EURGBP, NZDUSD, EURAUD, EURJPY, GBPJPY, AUDJPY, USDCAD, AUDCAD, EURCAD and XAUUSD
For 3 months: 380 USD
The price point for the SFE Price Action EA is much higher than the majority of trading systems in the marketplace. It is currently going for $2000, but can be rented at $180 per month, or $1000 per year. There is also a free demo available, so you can test the software on your own to see if
For 6 months: 600 USD
For 1 year: 1 000 USD
Free Demo
it's worth the money before actually paying. Personally, I prefer systems much cheaper than this,
but that doesn't mean that this isn't viable.
Conclusion
At $2000 the SFE Price Action EA is certainly steep. I believe that there are positive aspects to the system, and that the strategy is certainly well thought out. Yet, I have a very difficult time getting past the large price point. I think the best course of action would be to test the free demo, and then eventually moved to a monthly subscription before considering the full purchase price.
It will certainly help me better voice conclusion if you will leave a comment with your experiences and tests utilizing this EA.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
What’s in the package?
Experts:
SFE Price Action EA v1.0 MT4.ex4
Presets
sfe.set
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