FX Stabilizer trades the market on auto mode. It comes with two different packages that vary on the number of currency pairs it can trade. There are many backtests and live account results on the website that we can use to our advantage to predict the future outcome of the system.
There is no information present on the developer of the system and their related experience. The only way to contact them is through a support request which you can fill on the website.
Forex Flex EA At a Glance
Price | $739 |
Trading Platforms | MT4 and MT5 |
Currency Pairs | EURUSD,AUDUSD, EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP AND GBPCHF |
Strategy | N/A |
Timeframe | N/A |
Recommended Deposit | N/A |
Recommended Leverage | N/A |
Money Management | Yes |
FX Stabilizer Functionality
The robot has the following features:
- It contains two different modes that increase or decrease the risk according to choice
- Uses hard drawdown control that stops trading when the equity reaches a certain threshold level
- Works on both MT 4 and MT 5 terminals
The user manual is restricted to those who purchase the system, and the developer does not share the settings that can be tweaked. There is only information about enabling durable and turbo modes that bring different profits due to varying risks.
FX Stabilizer Trading Strategy Tests
The developer does not present any information on the trading strategy of the robot. This raises many concerns over the genuineness of the product.
There are, however, lots of backtesting results available for many currency pairs. You can see the statistics live on the website or download them to check the trading history. Results are available for both turbo and durable mode from the respective years of 2013 and 2009. The difference in years suggests that the turbo settings may have incurred a stop-loss between 2009 and 2013. Therefore, the developer chooses to start the test from 2013. Even for the durable test on EURUSD, the drawdown is 33.11%, meaning that the account loses more than 1/3 of its initial value. It is evident from the backtesting history that the robot uses martingale and grid strategies.
What About FX Stabilizer Real Trading Results
Live account results are available for both turbo and durable mode on single and multiple currency pairs. As the robot is using risky strategies, a high drawdown is evident from the results. In most cases, it wipes out nearly half of the account’s value before making it back into the positive territory. Monthly output can stand between 3-6%, which is quite poor given the number of risks we are taking. Only on the aggressive settings at multiple currency pairs can we see a 74.69% average monthly output.
The profit factor in most accounts hangs above 2, with a win rate of around 60%. Trades are held for several days to implement grid and martingale strategy, which does not allow exits in the negative territory.
User Reviews
Customer reviews at Forex Peace Army give a 3.353 rating for a total of 7 reviews. The number of replies is relatively low for a system that has been in place for a long duration. This shows that traders are not satisfied with the output and therefore chose not to purchase it. Poor performance is evident from the reviews where traders complain of a high drawdown and little to no profits.
FX Stabilizer Review Summary
FX Stabilizer EA-
Functionality3/5 NeutralThe robot works on MT4 and MT5.
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Trading strategy2/5 BadThe developer fails to disclose the strategy.
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Live Results3/5 NeutralLive results show performances of various systems.
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Customer support3/5 NeutralCustomer support is only available through a support ticket.
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User reviews2/5 BadReviews are not good enough.
The Good
- Verified trading records
The Bad
- Poor performance
- No transparency of developers
- High cost