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ForexFiv EA v9.3 - popular highly profitable scalper

Published: 18.12.2020
Reading time: 23 minutes
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forexfiv-ea

ForexFiv EA v9.3 is a combination of several very advanced secret algorithms and a market scanner that is able to find the best market conditions to open a trade. This combination is capable of bringing 100% + profit per month with a maximum drawdown of no more than 10%. Backtests for 1 year (see below) show + 2,051% profit with a maximum drawdown of only 0.45%. At the same time, the EA does not use dangerous trading methods - martingale, hedging, grid. It's just an enrichment machine!!! What do you think?

Сharacteristics of the ForexFiv EA v9.3

  • Platform: Metatrader4
  • EA version: 9.3 (there is an earlier version 6.03 in the archive)
  • Currency pairs: Any, recommended AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY
  • Trading Time: Around the clock (the Expert Advisor's trading time can be set in the settings)
  • Timeframe: Any, recommended M5
  • Recommended broker: Roboforex, XM, Forex4you

EA Forex Fiv trading algorithm

As I mentioned above, the Expert Advisor has a certain secret algorithm that the developers are not silent about. But since EA Forex Fiv trades pending orders, it can be assumed that this is trading from some levels, maybe support / resistance or from the some borders of a channel.

After installing the EA ForexFiv v 9.3 on the chart, you will see the following picture:

ea forex fiv v9.3

Back Testing

EA can trade on any timeframe / pair, and even on higher TFs, it opens more trades. But it shows the best results according to the test results on M5 and on the following currency pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY. The developers claim that they spent 2 years optimizing the EA's operation on these pairs, and this is reflected in the presets that are supplied in the archive by the robot. It was on these pairs with these settings that I performed testing:

AUDUSD M5 Auto Lotforex fiv ea backtest AUDUSD 2020 M5

EURJPY M5 Auto Lotea forex fiv backtest EURJPY 2020 M5

EURUSD M5 Auto Lotforex-fiv-ea-backtest-EURUSD-2020-M5

GBPUSD M5 Auto Lotfiv ea v 9 3 backtest GBPUSD-2020-M5

USDJPY M5 Auto Lotea-fiv-backtest-USDJPY-2020-M5

On M1 TimeFrame, the EA shows more modest results:

USDJPY M1 Auto Lotfiv-ea-backtest-USDJPY-2020-M1

The same conditions, but with a Fixed Lot:

USDJPY M5 Fix Lotforex-fiv-backtest-USDJPY-2020-M5-fix-lot

To save time, tests were only done for 2020. But I assure you that the advisor will successfully pass over a longer period of several years.

Settings

EA settings allow you to set limits on time and days of trading. You can choose as automatic lot calculation depending on the account size or set a fixed lot. EA has a news filter that allows it to successfully bypass unpredictable price fluctuations caused by some important economic news.

Full list of settings

forex-fiv-settings

  • Licence= More Free EA on FXProSystems.com
  • IndicatorServer=https://fxprosystems.com/
  • OnlineIndicatorAddress=880.649.553.42
  • Password=ForexFiv
  • UseOnlineIndicator=true
  • UseNewsFilter=true
  • Trading24h=true
  • High_Impact=true
  • Low_Impact=false
  • UseTimeStop=true
  • StopHours=true
  • StopMinutes=true
  • MinsUntilNextLowNews=35
  • MinsSinceLowNews=28
  • Info=News Currency Filter
  • USD=true
  • EUR=true
  • GBP=true
  • JPY=true
  • AUD=true
  • Lot_Type=2
  • Fixed_Lot=0.01
  • Auto_Lot=0.01
  • Max_Lot=35.0
  • Max_Spread=17
  • distancePip=2.01
  • Magic=20200309
  • UseEquityStop=true
  • UseTrailingStop=true
  • TrailStart=32.1
  • MaxTrades_Hilo=29
  • TotalEquityRisk=10.0
  • slip=2
  • SessionFilter1=true
  • SF1Hour_On=5.0
  • SF1MinuteON=33
  • SF1Hour_Off=9.0
  • SF1MinutOff=0.0
  • DayFilter=Select the days for indo Run to trade
  • Monday=true
  • Tuesday=true
  • Wednesday=true
  • Thursday=true
  • Friday=true
  • Saturday=true
  • Sunday=true
  • TradeMonthEnd=true
  • Start_Time=00:00
  • Stop_Time=23:59

Despite the fact that ForexFiv EA v9.3 is a very reliable and stable forex robot, you shouldn't be reckless and forget about Money Management. Do not invest funds that you are not ready to lose and withdraw profits on time. And of course, in order to protect yourself from unpleasant situations with a network interruption and just so as not to keep your PC constantly on, you should use a VPS server.

In the archive ForexFiv_v9.3_EA.rar (950.0 kB):

  • ForexFiv.ex4
  • EA ForexFiv_V9.3_fix.ex4
  • ForexFiv Updater.xml
  • CTimer.ex4
  • ForexFiv PRICE METRE.ex4
  • ForexFiv Updater.dll
  • ForexFiv- AUDUSD.set
  • ForexFiv- EURJPY.set
  • ForexFiv- EURUSD.set
  • ForexFiv- GBPUSD.set
  • ForexFiv- USDJPY.set

Free Download ForexFiv EA v9.3

Author:
Daniel
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Comments:
  • Romain
    Published: 18.12.2020 Reply to the message

    Thank you Daniel, i will try it...

  • William Mubiru
    Published: 18.12.2020 Reply to the message

    after all installations are made, it shows status off. what does it mean?
    i followed everything, but can't trade, it also shows ''status off''
    Any help needed?

    • Soso
      Published: 19.12.2020 Reply to the message

      Your chart shown smile face yet?

  • obafaith
    Published: 18.12.2020 Reply to the message

    Great, please how can we get profit hunter ea

  • Angelika Lender
    Published: 19.12.2020 Reply to the message

    Hi, the download file has 6.3 version as well. %) Do I need to copy this as well into MT4?

  • Tai ngoc nguyen
    Published: 19.12.2020 Reply to the message

    Thanks! I test many indicator very good and got profit

  • Pablo
    Published: 19.12.2020 Reply to the message

    Hello, I tried it on BT, it crashes, presumably an EA worth $ 2200, with DLL, works, with your experience !!! It would be better to sell an EA that works, with the guarantee of its trajectory,; These products, what you get is to detract from your image, a hug and happy holidays!

  • Ciprian
    Published: 20.12.2020 Reply to the message

    Where can I buy this EA, in case it shows good results in time?

    • Daniel
      Published: 20.12.2020 Reply to the message

      Download for free. Why Buy?

  • Mohammad
    Published: 21.12.2020 Reply to the message

    Thanks.
    but how to use EA forexfiv :(

  • Zoltan
    Published: 22.12.2020 Reply to the message

    Something is not OK with this expert. I've been using it for days, but so far it's only produced a loss. (ECN demo account, $ 3400 capital, 1:30 leverage) Interestingly, running the same day with the same settings on the strategy tester makes each day profitable. But in reality it works completely differently.

  • meet gondaliya
    Published: 24.12.2020 Reply to the message

    robot not plase any trade.plese solv this problem.
    i can use tis robot on "octafx Broker".

  • Duy Hai
    Published: 28.12.2020 Reply to the message

    Hi Daniel. Can you give me a super cool method when I trade? I watched a lot of your apps. Yes, I only win 60%

    • Daniel
      Published: 28.12.2020 Reply to the message

      Trust me 60% is a lot. Many do not recruit even 30%.

  • Sergejs
    Published: 28.12.2020 Reply to the message

    Hi!
    I cannot download it. Please check link or send me this EA via e-mail. Thanks a lot! Waiting for your reply.

  • Abie
    Published: 30.12.2020 Reply to the message

    Does this works on ECN broker? The EA seems unable to enter trades even though it has smiley face :(

  • Amin
    Published: 30.12.2020 Reply to the message

    it doesn't work on live acc,
    any idea

  • amir
    Published: 02.01.2021 Reply to the message

    hello i run the ea , but it s not opeening any possition
    what i have to do ?
    broker :icmbroker
    i have set the ea with set file

  • dan
    Published: 04.01.2021 Reply to the message

    its not work at live account %)

  • alif
    Published: 07.01.2021 Reply to the message

    when backtesting the result was outstanding. However, when go live with real account, $100 gone within an hour. How it works on backtesting, demo and live accounts all different. dont know what to say %) :(

  • Haspert Martin
    Published: 07.01.2021 Reply to the message

    Daniel cómo estás,

    Soy Martin, bueno sentí curiosidad y descargué el Forex Fiv, lo estoy probando justo ahora :)

    Consulta, entiendo que esta EA es gratuita, la licencia expira?

    y otra pregunta, veo que tiene la opción de trabajar guiándose por un indicador online conectado a un server remoto, tengo

    permiso para utilizarlo, tiene algún costo?

    Gracias y saludos!

    • Daniel
      Published: 08.01.2021 Reply to the message

      Everything is free. But be careful when using this advisor. First, install it on the demo acc for at least a month ...

  • Trevor Clifton
    Published: 12.01.2021 Reply to the message

    Hi Daniel downloaded Forexfiv V 9.3 installed Expert in demo 0.01 fixed lot jpy/usd done 68Trades only 19 wins spreads 1.5 /.05 anything that can be changed in settings Regard Trevor

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