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Overview
The Reaper EA is an advanced forex software designed specifically for night scalping. It is a powerful tool that trades reversals on nightly ranges for multiple currency pairs. With its sophisticated filters and safety measures, the Reaper EA ensures a high level of accuracy and profitability in forex trading.
Key Features:
1. News Filter: The EA includes a news filter that prevents trading during high-impact news events. This feature helps to minimize the risks associated with volatile market conditions.
2. Individual Performance Monitor: Each currency pair is automatically monitored, and if it is not performing well, the risk is reduced. Conversely, if a pair becomes profitable again, the risk is reset to normal. This adaptive approach ensures optimal performance and risk management.
3. Correlation Filter: The Reaper EA also includes a correlation filter, which prevents excessive exposure to the same currencies. By diversifying trades, it reduces the potential risks associated with correlated currency pairs.
4. Swap Filter: To avoid trading during high swap-cost days, the EA incorporates a swap filter. This feature helps to optimize trading conditions and maximize profitability.
5. Safe Trading Techniques: Unlike risky trading techniques such as martingale or grid without stop loss, the Reaper EA employs a safe and reliable approach to forex trading. It prioritizes capital preservation and consistent profits.
Recommended Pairs:
The Reaper EA performs exceptionally well on the following currency pairs: GBPUSD, GBPCAD, GBPAUD, EURAUD, USDCAD, USDCHF, AUDCAD, and EURCAD. Additionally, it has been optimized for EURUSD, EURGBP, AUDJPY, GBPCHF, AUDUSD, and EURCHF.
Quick Setup:
To get started with the Reaper EA, simply run it on the EURUSD M5 chart and enable the OneChartSetup. This convenient setup allows you to trade multiple currency pairs from a single chart.
Verified Performance:
For independent testing and verification of the Reaper EA’s performance, please visit the forexroboteasy.com website. There, you can access detailed reports and analysis of the EA’s trading results. You can also subscribe to updates on the latest testing outcomes to stay informed about the product’s performance.
Conclusion:
The Reaper EA MT5 is an advanced forex software that offers a reliable and efficient solution for night scalping. With its extensive range of features, including news filtering, individual performance monitoring, correlation filtering, and swap filtering, this EA ensures optimal trading conditions and risk management. Its safe trading techniques and proven performance make it a valuable tool for forex traders. Share your experience with the Reaper EA and join the community of traders benefiting from this powerful software.
forexroboteasy.com
1 review
From the onset, I was enticed by the promise of a sophisticated algorithm that could potentially increase my profits in the forex market. The idea of an automated system that could make trading decisions based on market trends and patterns was appealing. However, the reality has been far from the expectations. The software's performance has been underwhelming, to say the least. It has consistently failed to deliver on its promise of generating substantial profits. The trades it executes often result in losses, and the few profitable trades are not enough to offset these losses. Moreover, the software seems to lack the ability to adapt to changing market conditions. It often makes trades based on outdated trends, resulting in unnecessary losses. I've also noticed that it tends to make risky trades, putting a significant portion of my investment at risk. The customer support has been equally disappointing. Whenever I've encountered issues with the software, the response from the support team has been slow and unhelpful. It's clear that the company is more interested in selling their product than in ensuring customer satisfaction. In conclusion, I regret purchasing the Reaper EA MT5. It's a waste of money, and I wouldn't recommend it to anyone looking for a reliable forex trading software. There are far better options available in the market that offer better performance and customer support.
The author of this software seems to be more focused on creating new products rather than improving the existing ones. I've noticed a constant stream of new night scalper EAs being released, while the Reaper EA MT5, which I've invested my time and money in, remains stagnant with no significant improvements or updates. This has been quite disappointing, to say the least. I had hoped that the author would take into account the feedback from users like myself and make necessary enhancements to the software. But it seems like our voices are falling on deaf ears. The lack of support and improvements has made me question the reliability of this software and the commitment of its author. In light of my experience, I find it hard to recommend the Reaper EA MT5 to anyone. It's a significant investment of time and money that, in my case, did not yield the expected returns. I believe there are better options out there that offer more support and are more dedicated to improving their existing products rather than continually releasing new ones. In conclusion, my experience with the Reaper EA MT5 has been far from satisfactory. The lack of profitability, coupled with the author's apparent lack of interest in improving the software, has left me feeling disappointed and frustrated. Therefore, I would not recommend this software.