Forex Steam

I'm a newer trader, or well I was when I bought Steam over a year ago.

Steam helped me learn how to automate trades and get some easy pip wins every week with low risk.

Plan on using it for a very long time.

I don't recommend trading over the holidays but I've been using a very low max spread, and I've been able to avoid most of the volatility and actually win throughout this time period.

At just over $100 Forex Steam is a bargain.

You don't get the flash, and it's a bit harder to setup than something that costs $200, but it's a good bot to start out with.

Can expect 10-20% per month.

I left a similar review for Forex Steam already, but I think it's important to share it on a couple platforms.

Steam is a winning robot, but it takes time.

I struggle to matchup with the vendor results, and decided to take my own path. I started playing with settings, optimizing, and eventually found myself very profitable. The support team did provide me resources which helped, like the time restricted strategy, but I did a lot of the work on my own.

Mostly the work was setting up 4 demo accounts, changing the settings, letting them run 3 weeks, then changing again until I found what I liked.

I have seen so many wonderful Forex Steam Reviews here and I have to say I agree with ALL OF THEM. I bought the software in mid 2019, and I've since grown my accounts substantially. THe only trouble I've really ever had with the software is when I was using it during the election a couple weeks ago. Took a few losses then, but the Forex Steam team mentioned this may happen on twitter so it's not my fault for not listening. Still up big though.

There are two version provided with Forex Steam, the Normal and the Light V10. I don't recommend the "normal" to anyone, this thing is very high risk and has a funky money management system. It's nice that they provide two options, but it does seem like 99% of the Forex Steam users are running Light V10, so stick to that.

My Light V10 account is up 250%, and I haven't adjusted much. I use a tight max spread setting, trading just the EURUSD, and sometimes I'll manually intervene, but usually only once every few months I'll cut a trade short if I don't like the direction it's going in.

I swear I used to shake every time I'd go over to my computer because of the mental pressure of manual trading. Now that I'm using Forex Steam for automated trading this is gone. The pressure is aleviated and I'm able to trade in peace. I even started to do some manual trades with the winnings so I don't feel like I'm losing my money. Just playing around with the money that STeam is making me.

Not sure exactly how Forex Steam works, but the trade algorithms seem really effective. I really like the entries that the robot takes, because the trade never starts in a loss. It's like they have the perfect trend direction system in there some how. Maybe they are using indicators or something proprietary, but whatever it is, is really working to increase my trading account.

I'm a newb, I'll admit it. But I don't care about my lack of trading experience, because Forex Steam handles that for me. I probably make more money than real traders who spend hours a day looking at the charts, just because of my robot. I found something that works for me, and I'm very thankful for that.

Long time member, thought it would be a good idea to let everyone know that this is still working for me. It's crazy to think that I've been using this for so many years, but it's my favorite hobby to get a few extra hundred bucks a month in my pocket.

From demonstrating total availability and transparency in every action taken, can't be thankful enough to have joined this team

I'm into my 4th month with Forex Steam and the EA continues to perform well.

My focus lately has been on USDCHF and EURGBP on a time restricted account with defaults.

Long-term trader that just signed up with Steam 2 months ago.

Never really liked robots or even the thought of robots so I'm excited to say that Steam is very very good. I've made only a few adjustments, like lowering the max spread like the devs say to avoid volatile markets.

Using the Steam Light version with time restricted settings during the pandemic and I'm up consistently.

On some pairs I'm just having it open trades during 3-4 hours a day and this is keeping the risk low.

(Base on myfxbook: Won 53 out of 59 trades, which represents 90%.
Lost 6 out of 59 trades, which represents 10%)
I'm using very simple settings on 4 currency pairs with this EA, where 3 is Time Restricted Strategy. To be more profitable, I also manually enter trades base on this EA entry, a bit risky but i'm confident on every position that this Forexsteam EA open.

Good risk reward ratio for a scalper and excellent features like pip retrace to minimize risk / save capital.

Worth the time and effort.

Been with this product for going on three months soon, and I've yet to sustain a single losing week.

I monitor the software pretty close, but rarely ever intervene.

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Been with steam 4 years, and it's crazy to think this is my first review but it is.

Out of the 4 years I've only had 3 losing months, and the rest are either breakeven or wins.

What you want from an ea.

Happy to say that my account has grown 22.3% in the last month, and I hope that this continues because I really need it right now, as I bet we all do.

Simply my favorite robot in 2020.

I know that times change, and so do robots. I got Steam in 2016, didn't like it very much, but whatever they did with the V10 update was great because I've had gains every month for the last 6.

Thanks.

Been with Steam over 2 years and have had zero issues with stop losses.

The retrace feature works great, and I will close out trades I'm not comfortable with.

10/10 service

It's not all sunshine with this EA be aware!
This EA can generate several profits but they publish not the ones with the stop losses. These bring back your results with a tenfold! This EA is a big RED FLAG! Unless you love to loss money..

Have experience it over a couple of months and tested it over a longer period. Stop losses have been eliminate in their statements. They are not transparent with the data and their eager support will tell you that it's because of your settings, broker, etc. There are other portals like forexrobotnation.com what is run by the same people. They manipulate test, reviews and results. It's a scam and should be banned!