Table of Contents
- CabEX EA Review – Best Expert Advisor For GBPUSD Trading
- Visit the Official CabEX EA website
- Visit the Official CabEX EA website
Price: $540/Year (2 REAL & 2 DEMO ACCOUNTS, FREE UPDATES & SUPPORT)
Currency pairs: GBPUSD
Note: CabEX Expert Advisor is available as yearly subscription or three years subscription
– CABEX ANNUAL SUBSCRIPTION LICENSE: 2 REAL & 2 DEMO Accounts, Regular Price: $540/Year
– CABEX THREE YEAR SUBSCRIPTION LICENSE: 2 REAL & 2 DEMO Accounts, Regular Price: $1,450/3 Years
Important: Due to BREXIT, the GBPUSD pair involves chaotic price movements and unexpected spikes!
LIVE ACCOUNT TRADING RESULTS:
CabEX EA Review – Best Expert Advisor For GBPUSD Trading
CabEX EA is a profitable Forex Expert Advisor for Metatrader 4 (MT4) platform designed by the PhiBase team.
This Forex Robot works best using the GBPUSD currency pair and 1 hour time frame.
The trading strategy is based on elimination of noise by considering only the H1 close for most part of the strategy. Hourly High/Low/Close values are considered for calculating the ranges and trade management.
CabEX EA identifies potential trends and reversals moves. This strategy is Non Grid/Non Martingale and NFA/FIFO compatiable. Potential to gain between 40% to 60% per year using recommended risk. The maximum drawdown seen in three years live trading is about 15%.
CabEX EA – Why This Forex Robot Trades The GBPUSD Currency Pair
In general, the GBPUSD currency pair involves chaotic price movements, very sharp and unexpected spikes. These are features that are very suitable to employ short term trading startegy that can be very rewarding. The UK economy is the second largest after Germany in the Euro zone. But the pound accounts for less than 15% of daily global trading volume due to which the liquidity on GBPUSD tends to be much lower when compared to EURUSD. This lack of liquidity fuels short term price spikes that makes technical levels fail. The price action involves false break outs, fund movement to clear out stops/pending orders prior to the real deal moves.
Volatility on the GBP/USD pair is very abrupt and vicious. The Pound is highly sensitive to rate decision of the Bank of England and other economic factors that affect the GBP/USD pair like the British Consortium shop price index (BRC), retail sales, trade balance, Bank of England MPC minutes and the behemoth interest rate decision by the Bank of England. The price movements are huge and the noise makes it very difficult to design automated systems that can survive this pair.
About Trading Strategy Of This Forex Expert Advisor
CabEX EA V2.0 adapts between managing trades based on H1 closing values and HLC values based on the strength of the current price action. This enables the EA to lock in gains while giving trades enough room to reach higher targets.
Use of H1 closing values effectively filters away most part of the noise. The EA identifies potential trends and reversals moves.
Protective SL is placed on the server side at 120 pips and TP is set at 500 pips. The CabEX EA uses a hidden stoploss at 60 pips. Close below the hidden SL will close the trade. The hidden TP is at 300 pips. The FX Robot has a very dynamic trailing SL system which moves the hidden SL to breakeven when the gain is above 50 pips. When the trade gains 100 pips, the hidden TSL is set to 50 pips. The Forex Expert Advisor attempts to give maximum space for the trade to work its way towards higher gains and attain a risk:reward of 1:1.5 – This is very important part of the strategy.
CabEX EA – Best Expert Advisor For GBPUSD Trading In Action
CabEX EA for Metatrader MT4 comes with license for 2 (two) REAL LIVE accounts and 2 (two) demo accounts.
The Expert Advisor has an installation file and online user manual. The detailed online user guide walks you through the simple setup process. The EA is fully automatic – No need to configure or optimize settings. The recommended settings are the EA’s default values. The reference accounts will run recommended defaults parameters.
I am confident that CabEX EA will impress you with its trading strategy. Please go through the trading strategy description and the statistical analysis prior to making your purchase.
Refund Policy: NO REFUND POLICY! Refund in case of Non-Delivery or Non-Activation of CabEX EA.
CabEX EA is instantly available at unbelievable price, i.e. only $540/Year. So don’t wait to grab your copy!