Expert Advisor Magic-Champ II

Expert Advisor Magic-Champ II's website

Users Rating:

Editor's Rating:

Expert Advisor Magic-Champ II is an EA based in Germany with a long record of success. They have a unique trading algorithm that is designed around risk and money management. While many have thought of Magic-Champ as a good EA but couldn’t get past the price tag, read below for an update on a recent pricing adjustment that will have you excited!

Price: $249.00

Date: January 05, 2012

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Views: 155

Reviews: 2 Reviews

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    around the clock scalper

    THE GOOD:

    The strategy is robust and works great on bigger timeframes

    THE BAD:

    Drawdowns can be big

    REVIEW:

    A very detailed trading manual, and a lot of options make for a very versatile system. the draw downs can be big, but you more than make up for it in the long run with this bot. With the newly reduced price, this robot is a can't miss.
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    REVIEWED BY:
    Horace G
    Jan 18,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Profits locked in

    THE GOOD:

    The EA employs partial closes and dynamic lot calculations.

    THE BAD:

    Trading frequency low

    REVIEW:

    The dynamic lot calclulations help you lock in profit as you gain - seems similar to a split martingale, or labuchere system, which means in the long run you will be gaining and overcome those inevitable drawdowns. The partial closes certainly help with risk management, as well. Overall a great system.
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    REVIEWED BY:
    Kenny
    Jan 20,2012