Super EZ Forex is a robot that allows you to trade in any currency pair. It is based on a simple algorithm. According to this vendor, this system is suitable for all kinds of trading styles. You can use this EA with the Metatrader 4 trading platform.
This system has been developed by a company known as Triple Arrow Trading System. We don’t know anything about the company’s service history or when it was founded. The identities of the traders and developers have not been revealed either.
Super EZ Forex Robot Review
Since there are several scam services in the market these days, it can be hard to determine which Forex EAs to trust. You cannot often judge how a system would perform just by taking a look at the website presentation. There are several factors that you need to take into account, like live trading performance, vendor transparency, trading strategy, price, etc. This review should help you figure out whether Super EZ Forex is trustworthy or not.
What is Behind The Super EZ Forex Robot?
This robot follows a color matching algorithmic system. In the trading signals, you can see hot zones that are used for confirming long and short trades. This can also function as a suggested stop-loss zone. You can use this robot on multiple computers provided you use your license key with the same brokerage accounts.
One of the most unique features of this robot is Relocation Vs. Repainting. In case the arrows shift their position, a dot is displayed on the chart, thanks to the evidence dot feature. No evidence of the previous location is left on the chart while using predictive or repainting indicators.
It can be possible to conduct a backtest on the system using this feature. You can also eliminate the dot and the arrows in order to customize it as a non-repaint system.
You can use Super EZ Forex to trade in all kinds of pairs for any timeframe. When you purchase the robot, you get access to a private Telegram group where trading updates are provided. You are also provided with a video tutorial containing step-by-step instructions on how to operate the EA.
Moreover, you can access live classes to know more about Forex trading. There are guides provided for price action and chart patterns. Apart from all these, a high-impact news event list and trade tracking journal are also provided for the users.
On the official website, the vendor has not clearly explained the trading strategy used by this EA. In the absence of strategy insight, it becomes difficult to gauge the EA’s profitability, because we don’t know what indicators this system uses or how it manages to isolate profitable trading occasions.
Backtesting results have not been provided for Super EZ Forex. Thus, we have no idea about the robot’s performance based on historical data. Backtests are conducted over several years and pit the system against a variety of market conditions. As such, traders look to these tests as a confirmation of the EA’s robustness.
To use this Forex robot, you need to pay $299, excluding taxes. This will give you access to 2 licenses and any additional license will cost you $149 each. The vendor does not offer a refund for this product.
Trading Performance of Super EZ Forex
On the official website, we have a video and several screenshots showing live trading results. However, these cannot be considered genuine, since they are not verified by a third party. Seasoned Forex traders always look for trading results that are verified by third-party websites like Myfxbook, FXBlue, and FXStat. There is no way we can consider this system to be profitable in the absence of verified statistics.
It is not clear what kind of support is provided by the vendor for this robot. On the official website, we can see an email address using which you can get in touch with the service team.
On the official website, we came across several customer testimonials. All of them are positive and have users heaping praises on the Forex EA. Since they are not published on a third-party website, however, we cannot consider them as authentic.
Super EZ Forex Summary: Worth it or not?