EuroRise

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EuroRise

EuroRise is an Asian session scalper that trades on the M15 charts of the USDCHF and EURGBP currency pairs. Unlike most other systems that hide their secrets, EuroRise is a breath of fresh air, offering an explanation of their strategy on their sales page:

EuroRise first determines the current support and resistance and also the current trend. If the current trend is up, but the price hits the support, EuroRise goes long, expecting the price to return back to normal and the other way around.

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Price: $147.00

Date: January 04, 2012

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Views: 387

Reviews: 8 Reviews

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    My new favorite!

    THE GOOD:

    Great product with very good results in 2011. I have never seen the broker suitability deal before, but it sure paid off. I ended up switching mine once I checked. Good risk management with a stoploss of 11 pips plus spread. Didn't have to change any settings.

    THE BAD:

    i hated the monthly fee model, but see now that they went to a lifetime deal

    THE BOTTOM LINE:

    I have moved most of my EA portfolio to Eurorise.
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    REVIEWED BY:
    Chris
    Jan 11,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    nice asian scalper - secure

    THE GOOD:

    I like the risk-reward factor and tight stop loss.

    THE BAD:

    Make sure that you have a broker than can keep up with this system

    REVIEW:

    I like how this EA shows you its strategy so yo know what your getting into - and then comes through with the promised results. It uses none of the shady EA moves like martingale or SL widening and since you can know its strategy it returns predicable profts.
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    REVIEWED BY:
    William M
    Jan 11,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

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    Overall Solid EA

    THE GOOD:

    A very good EA - there are ups and there are downs but overall, my account has grown over 10%. Also, their Support is top-notch. Had some trouble installing when I first bought but they walked me through it.

    THE BAD:

    I prefer high trade frequency personally and I hit some losses back in November but made a good recovery and I'm positive.
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    REVIEWED BY:
    chartmonster
    Jan 14,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Proven Strategy

    THE GOOD:

    I like the way that they explain so much about the workings of this robot. "Black boxes" always make me nervous, even if they seem to work.

    THE BAD:

    More expensive than some other winning robots.

    THE BOTTOM LINE:

    After the market has been flooded with robots with "proven" results, where you don't know what they're doing with your money, it's nice to have a company that shows you exactly how you should win with their product.

    It's ready "out-of-the-box", only works on a couple of charts, but that's all you need as it does work.

    REVIEW:

    This robot is unusual because it places limit orders, so you always have a chance to check or override them. Add this to the fact that they tell you what they're doing, and really you're just automating a solid strategy that you might trade yourself.

    The robot looks at the underlying trend, and the level of support, and expects the price to bounce off the support just like technical analysis tells you it should. Placing limit orders, it doesn't take up a trade unless it looks like this has happened.

    The team behind this obviously have a very practical approach. They will even rate your Forex broker, taking account of slippage, etc., to let you know whether you need to take your account elsewhere for better results.

    So far the results have been good. I haven't owned it very long – I don't think it's been out for long – but I know something about trading and because the workings of this program are spelled out, I know it is based on sound principles that should result in profit.
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    REVIEWED BY:
    Brian P.
    Jan 30,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

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    Fantastic risk and money management

    THE GOOD:

    What for me puts the system over the rest is 2 things: real account examples and great risk and money management.

    THE BAD:

    A lot of traders dislike Asian scalpers for certain reasons like trading hours and activity, but I find that Eurorise is a consistent system and one of my faves.

    REVIEW:

    I want to stress the 2 points above why I like this system. First off I appreciate any Ea that puts their data out there. Data that's verified, and real. But on top of that, the developers factor in real spread data to furhter support their claims. That really impressed me. But above all I am quite impressed with the tight money management and risk controls. In terms of risk, the risk:reward is better than anything I've seen out there. Also Eurorise adds this moving average that once hit will protect your account with paper trades until you normalize. Just check this thing out, you won't regret it.
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    REVIEWED BY:
    Yohannes J
    Feb 18,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Reliable company and robot

    THE GOOD:

    First off just want to commend Eurorise for actually logging in and updating their accounts.

    THE BAD:

    low pip profits, so might be a negative for some

    REVIEW:

    Great bot trading the USDCHF and EURGBP. Tight stop loss makes for a good risk:reward. Always appreciate a bot that provides the 30-day guarantee so I can test it out as well.
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    REVIEWED BY:
    Lenny Sherrod
    Mar 3,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    works great with my risk level

    THE GOOD:

    my favorite thing about this scalper is the risk/reward. i trade pretty conservatively so the tight stoploss works for me here

    THE BAD:

    well even with the broker suitability system in place, i still had to play around to get the best settings to work with my broker

    THE BOTTOM LINE:

    if you want a great scalper and you trade conservatively like me, youll get a deal with eurorise. steady pip gains that won't be washed out with draw downs - it works good with me
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    REVIEWED BY:
    Charles Malone
    Mar 14,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

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    I love this robot

    THE GOOD:

    I'm liking this bot even more now that they've switched over to lifetime. Tight stoploss works with my trading style.

    THE BAD:

    If you are more of an agressive and risky trader, skip this system

    THE BOTTOM LINE:

    The company has a great support staff. The broker matching, helped me narrow in the right broker for the system.
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    REVIEWED BY:
    Kara
    Apr 5,2012