Genie EA is a breakout/scalper Forex software that has been specifically designed to work on five major currency pairs: EURUSD, GBPUSD, USDJPY, XAUUSD, and AUDUSD. It operates on the H1 timeframe and has shown impressive performance since 2003. Unlike other scalpers, Genie EA is highly stable and robust, making it a competitive choice in the market.
Currently, Genie EA is available at a promotional price with a 50% discount, bringing the price down to $495.00. The software offers two live signal modes: normal risk and low risk, both specifically designed for EURUSD. The normal risk mode has a maximum drawdown of 20%, while the low risk mode has a maximum drawdown of 5%. You can access the live signals at the following links:
Normal Risk Mode (max DD 20%): [link to live signal]
Low Risk Mode (max DD 5%): [link to live signal]
Genie EA stands out with its unique auto-increase lot size feature, which allows users to efficiently set up the software without making any mistakes and ensuring correct risk management. The software caters to different risk appetites by offering five types of risk: ultra-low risk, low risk, normal risk, medium risk, and high risk. This allows traders to choose the risk level that suits their preferences.
The recommended brokers for Genie EA are Icmarkets, Tickmill, Darwinex, GlobalPrime, and any broker that provides ECN quotes. The software is compatible with these brokers and ensures optimal performance.
Setting Up Genie EA in Your Broker
Allow web requests to the following URLs for automatic GMT offset calculation: [URL]
Open four H1 charts (EURUSD, GBPUSD, USDJPY, XAUUSD) and add Genie EA to each of them. No set file is required; simply adjust your risk appetite correctly.
The EA should run continuously on a VPS without any interruptions to store historic data.
Backtesting and Performance
For ideal backtesting in MT4, it is recommended to use Tick Data Suite GMT 2 with US DST. In MT5, use a broker that can provide 100% quality tick-by-tick data. You can find the backtest results and comments on the forexroboteasy.com website at the following link: [link to comments]. Please note that past performance does not guarantee future profits.
FAQ
1. Can I watch independent testing of Genie EA?
Yes, you can watch independent testing of Genie EA on the forexroboteasy.com website. They provide updates on the results of testing this product, allowing you to make an informed decision.
2. Can I share my experience of using Genie EA?
Absolutely! We encourage users to share their experiences of using Genie EA. Your feedback will help other traders in making their investment decisions.
This review of Genie EA provides an unbiased assessment of the breakout/scalper Forex software. It is a stable and robust system that has consistently shown excellent performance since 2003. With its unique features and risk management options, Genie EA is a valuable tool for Forex traders.
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