SFE Price Action is a Forex robot created by Joel Juanpere of Smart Forex Expert company which is located at office #7128396, c/o OwO, BP80157, Roubaix Cedex 1, France.
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SFE Price Action Review
SFE Price Action utilizes multiple systems, 15 pairs and 4 timeframes. The vendor also provides traders with a managed account (MAM) option, which includes a proposed performance fee of 20%. The main focus of the Scam Expert Advisor website is obviously expert advisors, so that will be the main focus of this review today. The price is for a robot copy is $2000 which is very expensive compared to $100 minimum deposit of FXMasterBot.
The provided a free demo facility for you to test the robot before paying.
The main account on Myfxbook shows the SFE Price Action software having gained over 430% since August 10, 2015. During this time, the software has tradedover 16,000 times which makes for a very active trading software. The largest drawdown is a tick under 20%, while the win loss ratio is very close with the average win being 46.50 pips and the average loss at 40.58 pips.
There are currently 28 reviews on the MQL5 website, which leads to an overall score of 4/5 stars for the SFE Price Action robot.
While the majority of the comments are positive, there are clients that claim that when the use the same settings as the vendor, they are not getting the same results.
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.
Most popular Forex Robot
FXMasterBot is now the most popular automated trading software for Forex & Crypto CFD trading, that opened in December 2017.
The software is not owned by any Forex broker, and is totally independent of the brokers. Investors can currently choose from more than 5 different brokers to use the software with. Minimum deposit to use is $100 and you try the free demo first, register here.