Forex Flex EA Review


Double Bollinger Bands Strategy is a mechanical trading strategy. It means it doesn’t need analysis and interpenetration to decide whether the formed trade setup is strong enough to enter the market, or it is weak and you’d better to skip it and wait for a better one.

October has been a very solid month for me trading just the Default out of the box settings. October 21, at 2: Reasons why trading costs can be impacted: Such a mechanical trading system is good for those who have no patience and knowledge for analyzing the markets and locating the trade setups based on the technical analysis or candlestick signals.

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Forex Ea Laboratory is an absolutely, % independent forex trading service, where you will NOT find dishonest opinions or comments, fake reviews or other crap, only real results and statements of trading. You will also find detailed statistics and bare facts about every expert advisor - without any exceptions!

Can I use it at my broker Yadix, is there anything that I should know when installing? And Yes — you can use that on any broker. You will receive an e-mail with the payment information as well via e-mail. Instead of use key to enter order or modify order and arrow to move to order while you have multiple orders on screen. I would prefer buttons on screen to enter or cancel order and use pointer to highlight the order you want to modify.

Instead of using key pad, can you make it use mouse only? It would be better that way so I can keep my eye on the chart. Please let me konw if that is something you might do.

For moment we research this option, but so far this was the fastest way reacting to the market If you think we can improve to have less buttons feel free to share your views — we are more then open to it.

Hi I need to clarify this.. Can I open multiple pending orders using this tool.. Yes — you can open multiple pending orders, check the manual for how to place a pending order if you do not know it yet. And you of course you can change the TP and SL of those orders, either after placing them or after they are live.

I would love to with a Market Order to place my StopLoss at curtain point without it moving. Is this at all possible? Hi JJ we are still working on improvements of this system as soon as it will be ready you will be notified.

The ability to move lines with a click is certainly convenient, but what appeals to me most is how it will automatically re-adjust the lot size when the SL is changed.

This has two advantages: Your email address will not be published. July 25, at Forex Profit Protector says: July 25, at 8: March 8, at 5: March 9, at March 6, at 4: March 6, at 9: March 2, at 6: March 2, at January 11, at 1: January 15, at 7: December 6, at 5: December 7, at 1: June 9, at 5: June 12, at 9: May 30, at 3: May 30, at 6: April 17, at April 18, at 8: April 14, at 6: April 9, at 5: April 10, at April 13, at 4: April 13, at April 6, at 2: February 20, at 9: February 21, at January 16, at December 22, at 6: November 1, at 8: November 2, at 7: September 8, at 4: September 9, at September 6, at 9: September 5, at September 6, at 7: September 9, at 8: August 1, at 9: August 2, at 6: August 4, at 7: July 30, at August 1, at July 22, at 5: July 23, at 7: May 31, at 1: May 31, at 7: May 2, at 5: May 2, at 6: April 30, at 6: April 30, at 7: April 24, at 5: April 25, at 9: May 6, at 3: May 7, at 5: Chris E Chapman says: March 30, at 4: March 31, at 8: February 25, at February 26, at February 13, at February 15, at January 26, at 5: January 26, at 2: January 22, at 3: January 22, at 4: You can cancel your billing at any time.

Hello, We work only with Clickbank payment system. It is well known system. It allows credit card for providing the payment. Hello, You should fully understand what the service is.

Because it is not an EA. So, there is no any investor passwords. I have an Idea. Hello, First of all you should fully understand what the service is. We have trial test period only for 4. So, you can buy it and research our service.

We have such EAs in our list. Hello, Thank you for your info. We already have such EAs from your list as: Ref Question above,how do I sign up for the trial period? We have the trial period of using the Forex EA Lab.

Hello, Just click on "Add to Cart" button above and make a purchase 4. At any time you can cancel your subscription. Hello plz give me a 1 month free trial version to check this robot.

Hello, Please, read more carefully. It is not an EA. Nice, But te problem is i dont want to spend time on building EA's Thats your job, or are you just a salesman? I give the settings in my mind you build it for me? Hi, Please, read more carefully what is our service.

We only test existing EAs on the market and write a reviews. Hi, Payments will made automatically every month. But you can cancel your future payments at any time and close your account.

A that i have to install on my platform and how does it work. Hello, Please, read carefully our website above. It is website where you can find detailed statistics and bare facts about every expert advisor, brokerage, VPS server and other money making software - without any exceptions! Hello can you send EA to me to use for 7 days after I pay 33 Yuan to you??? Hi, I'm a little confused I'm interested in programming a trailing stop to work the way I need it to work. And I may not be understanding EA's correctly, nor your website.

Can you site help me learn to program?? Hi, You can buy our robot here http: Also in behalf of model, if you include looked up the registration advice, which says the wholesalers domain was registered in "It looked like a great clue," he says, "I liked what I review online, so I bought a pairDistinctly blend inoperative to the thoroughfare on a cloudless date and regard thoroughly two pairs of sunglasses in substitute for ones subdue, one polarized, equal not and compare the intent because of the lenses of each match upWholesale companies know what women lack - they bear worn out years studying the trendsThe artist is Taiwanese born, James Jean, known as the cover illustrator in behalf of the comic work series, Fables and The Bumbershoot Academy.

When are you going to introduce other methods of payments like the Liberty reserve, VISA, or even wire transfer etc since you know that click bank does not accept some countries. We allow a wire transfer. Please, contact support at: Thanks, This is very useful system. So after 23 months, no more payments? Do I understand this correctly? Could someone please advise of any progress as I would at least like to read EA Lab as weel as I would like to receive the GPS robot but if I am on any wating list gould you please advise.

Thank you for your assistance - Gayle. Please, provide through email your CBReceipts of both purchases. We will provide you access to the member areas. Sir, I can see this is a great system, but those of us from countries where Clickbank does not do business with, how can we get it. Please, contact support at support gpsforexrobot. I'm sure we will find solution of your problem. Really enjoyed your lab,very good services good job. Mark - if u can help me - I'll post a blog on mywebsite and suggest folks visit your website if they are looking for EA options.

Hey you may even end up listing my EA, too. Please, contact support with this suggestion! Hi Mark, A buddy of mine is member of your site - fxloot - this is how I found you - good website Mark. Ive come to the end of a year long EA project and am looking to safeguard it against hacking with view of commercial release soon.

I was thinking to use these guys - http: Hoping you can help. Thank you for this! I like forexea lab! Thank you for your valuable information about Fx trading.

Amongst your recommended EAs which I bought one or some of free EAs are realy making profitable in my live trading.??? I'll get in touch with you again very shortly. Your article was excellent and erdiute. You are the best guys! Very nice job Dear Mark! I follow you already during three years and can say that all that you doing is great!

I really appreciate your daily work and want to say to you thank you very much for your service! It's absolutely great laboratory! I Try to it and find this web, not reconizage. Clickbank will take payment from your credit card automatically. And you will receive the notification email. I am very interested of it but i want to read it first,thank you.

An undoubtedly brilliant idea meant to save us endless time searching the market, and relieve us of troublesome headaches determining a credible Robot to purchase. Pablo Emilio Munoz Lara says: Hola Marcos Soy miembro de fapturbo hace alg??

Es por esto que me gustar? It is very simple. Purchase your membership through this link: Testing expert advisors has to become most importance action before any serious trading. Very interesting idea of your EA Lab might help people to do investing things better. Aldo Luis Monzani says: Well, I have bought FapTurbo, till may , but I didn't work as well. Hi Aldo, You can download most optimized settings from the info page of FapTurbo here: Moreover, if you will have any other questions in the future please use this contact form: Hi Mark, If watched your previous site regularly.

Left a few comments but were always edited, or comments not posted. Your reviews were bias to say the lease especially regarding the brokers. Now you what us to pay for the services that are freely available at places like "forexpeacearmy" to name just one.

What a lode of bull!! Thank you so much. I do appreciate all your help. And I look for what ever help you can give me in the future.

Your laboratory is unique as you are unique. Hi Mark, Thanx for the infro. Hi, Mark great job on your ea lab, your like a breathe of fresh air to some one like me a newbie. Thanks for your ea lab. You are a great man. Hello Mark,your EA Lab very usefully especially for me who i am new trader so keep going and i'm waiting for the new updates well done my friend. Thanks for the sharing Its really a valuable information for me Good job. Really good work Mark. It's help me a lot!!!!!!!

Mark I love your job! Please take me to your group! I really want to help you with your work!!!!! I really like your service! It helps me to create my own success portfolio and get first profit on the forex market! Thank you for your website!! It's really great job!! Thank you, Mark for the EA Lab.

It's very helpful for newbies like me. Hi Mark, Excellent job! Dear Forex Dude, I wanna say many many thanks for your reliable, and effective project. Please keep it up!! Thank you for providing information. Looking forward to re-inventing my trading strategies. Great stuff, Mark, very helpful info. Guys, great site and valuable info.

Best wishes and thanks. Thank you so much! What i gona say , Words is not enough Thanks Mark. Thank you for the your work and the good website, you opened my eyes.

I have searched on so many sites. Then I found you. Yours is the best one. WOW this is a great stuff thanks Thanks for all the good reviews about EAs and brokers.

Mark great job again buddy! I don't know where we would be without you. Enjoyed the EA Lab! Confirms some of the thoughts that I'm had been considering in my overall plan.

Hi Mark, thanks so much for your hard work. We really appreciate your afford on the review! Keep it up, forex community needs someone like you! Thanks for making it so clear and concise! Thanks that a successful trader like you are willing to impart your experienced and willing to let us access to some of the important forex details. Hi Guys you are doing a fantastic job Mark many thanks for all your efforts and great ealab!! Guys your website is wonderful!

Very good site Mark, you can easily understand and follow. Thanks and waiting for the new EA's ; Ian. Very simple, and powerful advise! Thanks Mark, very effective service.

Thank you for your website and reviews. It is really helpful for newbie traders like me to be able to shift through all those claims and sort out the good from the bad or worse. I hope to be able to utilize the information that you have provided in order to make a good choice - whether to buy an EA or not.

Thanks , very informative site. Good trading to you! Good and useful representation, helpful and to the point. Keep up the good work. It helps small dudes like us.

I am glad that finally I have found a honest site that give quality infomation I am really interested in the forex! Hi Mark, Thanks for a great site! I know zero about forex but I want to learn!! Hey Mark, I liked your site, your reviews seem honest and straight forward. I am new to forex so your site was very useful to me. I just wanted to tell you what a great site you have. I have been in the investment business nearly 20 years and get appalled with some of the hype around trading systems.

During my daily round i noticed that i may have been doing something wrong since i started with the DBB strategy less than a week ago. I was moving the SL of both positions to break even when the price moved 1xSL in my favor.

But now that i read the article again see the quoted text below , i see that i should only move the SL of the first position and that i should not move the SL of the second position until the first position hits TP.

Or does it not matter? When the first position hits the TP, you move the SL of the second position to breakeven. If the first position is 1: The way i interpret the above quoted text is that if the price is at 1. So at that point you have two different stoplosses, is that correct? You move the second position SL when the first position hits the TP. In that example, my target would be pips.

What i wanted to know was when to move the second position to breakeven. Again, sorry to take up your valuable time, i realize you must be very busy between writing all these wonderful articles and answering questions from other people. Sorry for my confusion. The above article is written by Kamel and that is his strategy. Just read it multiple times and watch examples from authors.

I have simplified this strategy to maximal extent and even increased the profitability and proved it in backtest. So if the original strategy is too complicated to you, you can use the rules i have posted above. I think that can tell us more about its success rate. It is impossible to answer this question, because markets behave differently every month.

Please read the below comments. Some trader have back-tested this system and published the results on this page. Thanks for your article i have read all the article and it is very good for daily time frame trading… can you tell me how to download Double bolinger Band…. You should add two Bollinger Bands to the same chart. I am desperate that you did not answer my question on Mar 5, on this same thread..!!

Example for a downtrend: Please upload an example to tinypic. The typically DBB setup: Thank you for sharing this. It has to be back-tested to see how it has worked in the past. Hello Chris I am appreciate to find this site as I am novice in trading and thank you and your friends for such huge support, almost read all 5 steps and trying follow your points.

I am at stage of analyzing and practicing, so I have question: May I know what did I miss? Thank you for your attantion. Sometimes even the best and strongest setups hit the stop loss. You have to be prepared for it. Have you ever check what is the winning rate for this strategy? It looks so simple to follow and yet effective. Thank you for sharing a system so effective and simple with all of us and for free. I just stumbled across your free system online, since I just completed a very similar daily system myself and looked for ideas to finally make it work.

I created one with a quite similar idea to catch trends in the beginning. Since I did not know a better way, I based mine on moving averages and candlesticks but I find your approach with two sets of Bollinger bands a whole lot more comfortable and precise than MAs alone could be.

So your way to keep things simple is just incredible to me. I plan to apply that system as soon as possible. First I need to refund my account, because I let mine be torn down by a lot of mistakes Chris identified in his article about greed. So I hope to do better in the future.

You and Chris are incredible, unselfishly educating people with true wisdom and encouragement. My ultimate goal is to be able one day to give wisdom for other people to prosper just the way you guys do. I am truly greatful and will keep reading your stuff and learn and master everything you share. This trading system is simple and effective. Just started back-testing it and collecting the information on other articles and your comments.

I am somewhat new to technical analysis in general, so I was thinking of trying this system alone because it is simpler and seeing if I can handle it alone, without using the main system. Chris what happened to Kamel??? Many days have passed since I last saw Kamel articles last in this site. I hope to get something new from Kamel. Hmm I agree perfectly with u on this point of view. Kamel, show Chris that you are not lazy so that we can see something new articles from u. Only the 3 candlestick have to be bullish in case of long trade setup.

Are you saying that trading with the stochastic system that you taught us and use it on weekly timeframe, we can be consistently profitable? It is explained above. You add 2 Bollinger Bands to each chart. One with default settings.

The other one with Dev 1. Charith, You can add 2 bollinger bands with deviations 1 and 2. If you save this as a template then you can use it again and again easily. This will be easy for you.

Indicators links are at the end of the post. I hope those who LuckScout users who developed the indicators make them compatible with the new MT4 build.

Make sure to read this article: Yes, I see a short trade setup based on DBB around that area. Of course there is no Please mark the trade setup somehow so I can see what setup mean exactly. Do you have a special explanation for not trading this set-up or was it okay to take the positions? I see only half of the circle.

By the way, the It is explain in the article that you should add two sets of Bollinger Bands indicator. One with the default settings and the second one with Deviations: Open your mt4 account or platform and go to the insert button click it select bollinger bands a box should pop up click the parameters it should be 20, 2, Repeat this process and add change the deviation to 1 you should have two sets.

If yes, please share that as well. Surely it is always defeating my understanding! Thank you kamel, been using your strategy for a while now and love it, so simple yet very effective!! I think I have to start using this strategy combine with master Chris strategy and see what result it will give.

I love your article so comprehensive. Hi Chris and Kamel and everyone one who works in this site. I am new to your site and just registered few days ago.

I have been reading your articles about DBB strategy and I found it so amazing. I looked at so many patterns specially in EURUSD and I kind of feel the pattern of the candle stick or maybe the length of them or the distance they have from the BB1 upper or lower band can make a difference. Thanks a lot for your help and support and your amazing information.

I just want to say thankyou for posting this article because It will help me start making profitable trades. Up until now In have only made small profits and mostly losses trying to trade the shorter time frames.

Thanks again and keep posting. Could this be due to algorithmic trading killing market inefficiencies? As I explained once, you can use BB1 and locate the strong candlestick signals. There are so many traders who do it. Algorithmic trading cannot affect market. Please kindly share a screenshot as an example, so that I can see what you are talking about exactly. My broker is CM UK. Could you give me advice on this?

Pardon for the many questions, I just registered an account and bursting with questions Thanks a lot again! Yes, the daily candlestick close time can make the candlesticks shapes different. In most of my screenshots I use the FxPro charts. You can do the same for your analysis, and then use your broker platform only to take the positions.

Thank you sir for this new strategy of trading. I would like to know how to add second set of BB to my screen. I tried but could not succed. Thank you so much sir Kamel, you have solved me alot of headache especially in determining the target and stop loss.

How to use this strategy in Amibroker software? Can the DBB strategy be profitable using 4 hour charts? Or is it better to stick to Daily and longer time frames with this strategy? The longer the time frame, the stronger the signals. Shorter time frames will have more losing positions. I would like to know when you mentioned you check only 15 minutes a day to check for a setup, does that mean you are only looking for 1st candlestick and 2nd candlestick close below Upper BB1 and 3rd candlestick close above Upper BB1 setup only?

I hope you understand my question. We should check the last 3 closed candlesticks. Please also read this article: The 3rd candle was 2 days ago, but i think the price still ok to take position. I just want u guys too take a look the chart and confirm for thia signal, cause im new for this DBB system. Hello Anton Praja I have opened position on this currency pair on I am still still holding the position. I have 2 doubts to clarify 1. Does the color of the candle candle no.

Is this strategy valid if candle 2 and 3 touches BB1 bottom line and BB2 bottom line. That method seems interesting, I will give it a try. Sorry if there has been already an answer, but is the strategy suitable with CFD and metals charts?

And if no, why? Dear Chris,So thankful for your hard work you have done so far to improve our trading skills. Special thanks to Kamel for this simple and effective DBB strategy. Thank you for back test Report of this strategy by JojoW.

HI Kamel Another confusion. After 14th March, there was a selling signals but after Candle stick 3, which was closed down BB1 lower band, prices startd going up all of a sudden. Hi Kamel and Chris.

Found the LuckScout website only yesterday and am in the process of reading through your articles. How do I set up the alerts indicator? Do you always set a market order when an eligible candle closes, or is a pending order an equally plausible entry?

If so, would a pending order have to be cancelled if not triggered within one bar? So you will have to give more time to the market to hit the order. Did you test this, or is it more a style-of-trading thing?

Thanks, and happy trading. Thank you Kemal for the article. Although I have read before, still this is invaluable article to remind me. I like that you guys are simple and realistic. I look forward to many more great articles. This eBook shows you the shortest way to acheive Financial Freedom: Just before you go, did you check This System? Make sure to do it now, otherwise you will regret.

Article by LuckScout Team. October 25, at October 26, at 3: October 25, at 1: October 25, at 2: October 25, at 3: October 26, at 1: December 9, at 4: October 25, at 4: October 25, at 5: October 26, at 5: October 26, at 9: October 26, at October 27, at October 25, at 6: October 25, at 7: October 25, at 8: October 26, at 4: October 26, at 6: October 26, at 8: October 27, at 2: October 26, at 2: October 27, at 1: October 27, at 3: October 27, at 5: October 27, at 4: October 27, at 6: October 27, at 7: October 27, at 8: March 2, at 7: October 29, at 9: October 30, at 2: October 31, at November 5, at November 8, at November 9, at 1: November 9, at 8: November 9, at November 17, at 5: November 17, at November 28, at November 29, at 9: December 9, at 7: December 18, at 6: December 20, at 1: December 18, at 7: Michael stJohn van Eeden says: December 21, at 6: March 2, at 6: January 3, at 3: January 3, at 2: