Not alot of detail around the traps for this IrisFX Forex EA review. But I’ve had it on good authority that Strategy 1 has been performing well, now and in the past.
So, I’m going to give it a whirl in the lab and see how we get on!
IrisFX essentials:
- Trades EURUSD H1 chart
- Uses 3 strategies
- Partly trend following strategy used with a trailing stop loss
- From the same guys that produced Cloverix (EM Innovations)
Test 1: Vendor Strategy Test
2008 to June 2011 Strategy Test results (Strategy 1 only).
View full 2008 to June 2011 Strategy Tester results
Currently running IrisFX on Alpari UK, testing started on 2nd July 2012. Current results are as follows:
| Current Floating Profit ($) | Total Balance ($) | |||
| 0.00 | 4066.77 | |||
| View our IrisFX Demo Test Statement | ||||
Lab Result:
Good EA, is in use, 7.2, my system transactions by a single, profit.
I have got very good results with the combined strategies over the last week. It seem to work better in volatile markets.
Aslam
Hi guys, is this EA still performing well? does it have large drawdown?
Hi Guys,
Thats what I said it has worked well for me in the last few days, in this volatile market.
See Ya!
Aslam
hi cam, can this ea work with other brokers except alpari uk.?which brokers others are using with it?.
please i need answer to this questions.
Still early days. It’s starting to make profit on my live FXPig. To early to tell yet if this is a keeper.
This EA only works on demo accounts. In the real world commission and slippage will turn this from profitable to unprofitable. Besides, the profit:risk profile is unfavourable, so even if you manage to make some profit one hit will clean weeks of profits. I tested it and it’s not worth the risk. I recommend to stay away.
Hi cam,
You are using it on your live account and is profitable right,i have used cloverix ea before from the same guy that made IrisFx ea,i think is going to be profitable if brokers does not interfere with it.
Your broker is not one of the preferred broker by the vendor,am planing to use it with pepperstonefx, either is going to work.
looking forward to hear from you cam.
Yes, but it’s still early days. So time will tell. I went with a different broker because I know they are true ECN, so any EA will work well if it’s slightly broker dependent.
Yes cam, i know is too early,am just trying to prepared my self down in advance and to see if is going to work with pepperstonefx Razor account.
hi cam,
what do you see to new forex super scalper that is just being released?is it going to work?
Hi Oluclay, I’m not really following your question.