$259 Buy Now
FXRiseUp EA is a 100% fully automated Forex robot for the EURUSD currency pair. It was built for both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Its developers claim that it uses an advanced supply and demand tracker to find the most favorable entry price. This automated trading tool helps traders skip all the leg work, which is required in manual trading. With FXRiseUp EA, traders do not have to know how to interpret trends or signals, market changes, or invest long hours to maximize their returns. This software promises to do the stuff for you to meet all your needs.
In this FXRiseUp review, we will be analyzing this EA and letting you know if this service does meet trader expectations.
The developer of this Forex robot is the ForexStore group, a popular software developer behind many successful trading robots including FX JetBot EA, FXStabilizer, FXParabol, ForexExtract, FXCharger, Forex Truck, etc. There are links to their social media pages, where traders can follow up with their recent works.
The developer is very consistent and has a long history of producing and updating Forex robots in the market. This FXRiseUp EA is a solution for a classic supply and demand expert advisor for the EUR/USD currency pair.
Note: Currently, there are notable positive aspects of this EA. We like the level of transparency shown by this developer in the area of trading statistics and strategy analysis.
FXRiseUp EA Review
We have conducted a detailed analysis of this automated software and decided to give this EA a good rating. Our assessment and verdict are based on:
- Elaborated trading strategy
- Trading performance data
- Low drawdown figure
- Money-back guarantee policy
- Transparency factors
- Positive reviews from experts alike.
FXRiseUp EA Strategy
The FXRiseUp team does provide details about their trading strategy. This is a huge plus in their presentation as traders want to know what the trading strategy is to make the right decision
According to the developer, the FXRiseUp EA is designed with an advanced supply and demand zone tracker. Based on this algorithm, the FXRiseUp EA algorithm scans the market continuously, looking to enter at the utmost favorable and discounted price. Using pending orders, the robot automatically places trades at this price level that eventually locks in profits.
In addition to the core supply and demand tracker algorithm, the FXRiseUp comes packed with advanced risk management features that help determine the best time to trade the EURUSD currency pair. There are two trend indicators that help to enhance the support and demand tracker to find the best entry area and stay out of the markets when there are risky trading conditions.
Also, a News filter is added to stop trading actions at a set time before any related news event. This period is marked with very high volatility and the FXRiseUp EA automatically resumes trading a set time period after the news events.
- Type: Forex Robot
- Strategy: supply and demand tracker, trend filter, and News Filter
- Currency Pairs: EUR/USD.
- Time frame: H1
- Price: $259.
This expert advisor is available to buy for $259. Its lifetime membership includes a 30-day money-back guarantee. Thus, if a trader decides that his Demo or Real trading account fails to provide successful trading results by the end of 30 days, he/she can easily ask for a full purchase price refund. Also, the robot package comes with versions for MT4 and MT5, a user manual, and customer support.
The vendors provide a comprehensive backtesting result that shows the trading performance of their software from January 2017 to March 2023. Traders can download the report for verification and analysis.
In addition to backtesting results, the developer provided live trading result data, verified by myfxbook.com.
FXRiseUp vendor provides a single myfxbook.com account, which was created on January 02, 2022. The account is showing a +223.87% total return in more than a year. We see that this trading account shows a low drawdown statistic -10.48%, which means a low risk of ruin and safety of funds. Low drawdown depicts proper risk management that prevents unnecessary money losses.
Since its activation, the robot has traded 1,419 trades and 1,385.1 pips. It has won 832 out of 1,419 trades, which represents 59%. Its average win result is $28.32, while the average loss is lower and equals -$22.37. The average trade length is 2 hours and 46 minutes. The profit factor is only 1.79.
The robot maintained an impressive performance throughout 2022 and it is still yielding positive returns in recent months.
FXRiseUp EA Review Conclusion
Currently, there are notable positive aspects of this EA. We like the level of transparency shown by this developer in the area of trading statistics and strategy analysis. There are also many other aspects of their presentation that do meet the current market standard. Therefore, taking into consideration the above-listed advantages of FXRiseUp EA, we are recommending this expert advisor at this time.
FXRiseUp Expert Advisor259 USD
- Myfxbook result
- Performance result
- Transparent vendor
- Simple to use
- Fair pricing
- Money-back guarantee
- Free updates
- Strategy explanation
- Low drawdown
- Average win rate
- No trial version
- Single currency pair