FX Bringer provides three independent grid strategies that are combined with a modified martingale approach. The three strategies have different trading hours which are managed internally.
The EA supports three different risk levels for the Money Management and the option so set a fixed lot size for the first trade. The lot size for subsequent trades doesn't follow a strict martingale approach but is calculated based on the market conditions.
Based on the backtests the risk-reward ratio of FX Bringer is about 7:1.
Grid / Martingale strategy.
EUR/JPY, AUD/USD, (USD/CHF)
00:00 - 24:00 GMT
Standard version USD 225 | Ultimate version USD 285.
Payment through Avangate.
Voucher for a 10% discount: 2F0BB1B135
The developers grant a right to return within 30 days of purchase if a feasible reason is given. The refund will be paid back through Avangate.
The licence is valid for one live account and two (standard) or three (ultimate) demo accounts and includes support and updates. To activate the licence, the account number has to be communicated to the support team which will enable trading. Only the Ultimate version supports the currency pair USD/CHF.
A 3-pages manual explains the installation and set up of FX Bringer as well as the input parameters.
The performance of FX Bringer is demonstrated, as follows, on an exclusive FinFX demo account as well as on a live account of the developers.
FX Bringer backtests for the period 2009 - 2014 are shown below.
EUR/JPY, spread: 3.0 pips, risk: 15%
EUR/JPY, spread: 3.0 pips, lots: 0.1
AUD/USD, spread: 2.0 pips, risk: 15%
AUD/USD, spread: 2.0 pips, lots: 0.1
USD/CHF, spread: 2.0 pips, risk: 15%
USD/CHF, spread: 2.0 pips, lots: 0.1
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