Forex Combo System

Forex Combo System's website

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According to the vendor Forex Combo System is a new generation automated trading system for MetaTrader 4, developed specially for the most liquid pairs – EURUSD and GBPUSD. The system comprises three entirely autonomous trading systems which open and manage their positions independently of each other. The new version for the GBPUSD pair has just been released as well and seems to be included in the package. It is nowhere revealed who are behind the Forex Combo system, either as developers or vendors.

Price: $299.00

Date: January 04, 2012

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Views: 297

Reviews: 7 Reviews

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Combo system = solid

    THE GOOD:

    i like how its a very adjustable system

    THE BAD:

    not all strategies work as well as the others

    REVIEW:

    There are a large number of settings with this EA, leaving you options to trade however fits you the best. I like how there are 3 separate systems you can run, scalper, breakout, and reversal. I have had great success with the scalper and breakout strategies. Definitely check out this bot if you want some variety in your EA.
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    REVIEWED BY:
    Nathan Bales
    Jan 14,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

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    4 Strategies in 1

    THE GOOD:

    The diverse strategies combined in this robot make for a well balanced and steady EA.

    THE BAD:

    Might be a high price point for some

    REVIEW:

    With four separate strategies: reversal, breaktout, scalper, and eurorange, you can take your pick at which best works for you. I like how these strategies add diversity to your forex robot - it's as if you have a portfolio of bots in one system. While the price point might be a little high for some, you will definitely make that investment back and quick.
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    REVIEWED BY:
    Charles W
    Jan 14,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Choices

    THE GOOD:

    This is a do everything product, so if you buy it you don't need to worry about other Forex robots for different market conditions.

    THE BAD:

    Even though they spell it out, there are a lot of settings that you can play with that will upset the performance.

    THE BOTTOM LINE:

    This is a massive expert advisor. Don't be put off by the high price, you are getting several expert advisors built into one, and the different strategies mean that you can make money in any market.

    REVIEW:

    So if you buy a scalping robot, what happens when the market is unsuitable for scalping? Or a robot that rides a trend, if the market isn't trending? Or one that trades on reversals, if the market is just going straight up?

    That's obviously the question that the makers of this system decided to face, and rather than pretend one method can suit all conditions, they come right out and said that there are four methods for making money on the Forex market. The sales page tells you all about them, but basically they are scalping, trend following, looking for reversals, and trading in a range. This covers just about all the conditions that you will find.

    The disadvantage if you're not organized is that this means there are a lot of settings that you can play with. As the EA comes set up already, I'd advise leaving them alone unless you really think you can make a difference, and then only change one thing at a time and test it for a while.

    The Forex Combo System is capable of big things, and by definition can outperform any single Forex robot over the range of trading conditions that the market sees. This one is a keeper!
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    REVIEWED BY:
    Mike H.
    Jan 30,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Versatile System

    THE GOOD:

    You have a lot of options in terms of system strategies when it comes to Combo System, hence the name probably

    THE BAD:

    The manual was a little brief for me, I needed to do some more research online for optimal results

    REVIEW:

    I really like this EA. You get 3 automatic systems, that you can see how they operate. Most EAs work in secret, but FXC lays it out there. You go in there knowing exactly what SL and profit you can expect, so you can pick and choose what's best gonna work for you in the end. I think it's a real versatile EA, one of the best that I've used.
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    REVIEWED BY:
    Henry G
    Feb 8,2012

  • User's Rating:

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    The steadiest EA i've encountered

    THE GOOD:

    Out of all the forex robots I've demo'd read about or purchased, FXC takes the cake. No marketing lies - they lay out what to expect and deliver.

    THE BAD:

    As with all forex robots, your capital will zigzag at times, but unlike others, with FXC i've seen my account just gradually climb.

    REVIEW:

    One other great thing about FXC is that the devlopers are constantly improving on their system. When I first started trading combo system the bot boasted 3 different strategies, and now they have a fourth strategy with the Eurorange. Which isn't to say that all these strategies are or should be utilized, or perform at teh same level, but the diversity these strategies provide will give you solid options.
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    REVIEWED BY:
    Darren B
    Feb 18,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Great strategies, waiting for stability

    THE GOOD:

    3 things that are good about this system:
    scalping
    breakout
    retracement
    It's three great strategies rolled into one.
    the retracement strategy made 45 dollars today on sell EURUSD 5 minutes chart

    THE BAD:

    FXC only trades the EURUSD pair on the M5 timeframe, so you're limited in that sense, if you're more used to running multiple pairs on teh same system

    REVIEW:

    I made 45 bucks today on sell EURUSD 5 minutes chart using the retracement strategy. The S1 strategy has been a little off for me as of late though. I love the fact that I'm getting 4 different ways to trade to use during a single trading session. The options are exactly what a pro needs.
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    REVIEWED BY:
    Patrick Doumaine
    Feb 24,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Robot lives up to its name

    THE GOOD:

    as the name states, the combo system has 3 solid systems that have been great for me. the latest addition of GBPUSD trading is especially good right now

    THE BAD:

    be careful with the money management settings - when turned on it is similar to martingale so beware

    THE BOTTOM LINE:

    this system can perform, stick with it in the tough times and it will pay out in the end. id like to hear if anyone else has had luck trading the new pair with this one, too
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    REVIEWED BY:
    Kenneth T.
    Mar 14,2012