FXStabilizer PRO EA Review
FXStabilizer PRO EA is an automated trading robot designed to trade Forex currency pairs and earn stable profits. This expert advisor (EA) was created by the ForexStore Group and works on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
In this comprehensive FXStabilizer PRO review, we will analyze the features, performance statistics, pros and cons to determine if this is a recommended forex robot worth using.
Overview of FXStabilizer PRO EA
FXStabilizer PRO EA trades 8 major and minor currency pairs including EURUSD, AUDUSD, EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP and GBPCHF.
The robot contains preset strategies for EURUSD and AUDUSD using two modes – Durable and Turbo. Durable mode aims for steady growth with low risk while Turbo mode is more aggressive for faster profits at higher risk.
For the other 6 currency pairs, you can optimize the settings yourself or run the default modes. FXStabilizer PRO works best on the 1 hour (H1) timeframe.
In addition to the standard version, FXStabilizer PRO includes a special “Unlocked” version with fully customizable settings and no restrictions. This allows advanced users to modify and optimize the EA as needed.
The robot uses an algorithm that analyzes the market to identify high probability trades. It is designed to close trades at a profit whenever possible using various technical indicators and rules.
Features of FXStabilizer PRO
Here are some of the main features and characteristics of the FXStabilizer PRO forex trading robot:
- Trades 8 currency pairs – EURUSD, AUDUSD, EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP, GBPCHF
- Durable and Turbo modes – For steady growth or aggressive trading
- Works on MT4 and MT5 – Compatible with all brokers using these platforms
- Unlocked version included – Fully customizable settings and no trade restrictions
- Uses technical indicators – Combination of indicators to identify trades
- Closes trades at a profit – Advanced algorithm aims to close profitable trades
- Hard drawdown control – Limits losses when equity drops
- No martingale – Does not use dangerous martingale techniques
- Low risk – Default settings are optimized for steady growth
These features allow FXStabilizer PRO to trade automatically, earn consistent profits, limit losses and work reliably in different market conditions.
Performance Statistics and Results
It is important to analyze the backtests and live trading results to gauge the performance and earnings potential of FXStabilizer PRO.
The vendor provides limited backtests on the website with a modeling quality of just 90%. More extensive backtests would be needed to fully verify the long-term profitability.
There are multiple MyFXBook verified accounts showing the latest live results of FXStabilizer PRO. For example:
- FXStabilizer Turbo EURUSD – Started with $500 in 2016. 3,134 trades with 65% win rate. +2,956% total gain.
- FXStabilizer Durable EURUSD – Started with $10,000 in 2016. 920 trades with 61% win rate. +921% total gain.
- FXStabilizer Turbo AUDUSD – Started with $2,100 in 2018. 687 trades with 59% win rate. +1,034% total gain.
- FXStabilizer Durable AUDUSD – Started with $10,000 in 2015. 2,102 trades with 70% win rate. +89% total gain.
- FXStabilizer Pro USDCAD – Started with $3,100 in 2018. 749 trades with 63% win rate. +1,145% total gain.
The live accounts have been running for years with steady growth, suggesting the robot can produce consistent profits long-term. However, past performance does not guarantee future results.
Check my advanced Forex Kingle Scalper Robot
Using FXStabilizer PRO EA
FXStabilizer PRO works right out of the box with the default settings optimized by the vendor. However, you can adjust the inputs to match your own risk tolerance and preferences.
Here are the key settings to check before running the EA live:
- Trade mode – Select Durable or Turbo
- Lot size – Default is 0.1 but lower is less risky
- Risk limit – Max drawdown percentage
- Auto risk – Lot size calculated based on balance
- Currency pairs – Select which pairs to trade
- Timeframe – 1 hour (H1) recommended
The EA will open, manage and close all trades automatically according to the strategy rules and settings. You just need to keep your computer running with a stable internet connection.
Using a virtual private server (VPS) ensures your expert advisor keeps trading 24/5 even when your PC is off. FXStabilizer PRO also works with all ECN/STP brokers such as IC Markets, Pepperstone, XM and more.
Pros and Cons
Here are some of the main advantages and potential disadvantages to consider:
- Proven long-term live results
- Trades multiple currency pairs
- Steady account growth
- Low drawdown control
- Fully automated trading
- Durable and aggressive modes
- Unlocked customizable version
- Works with all brokers
- Limited backtests
- Requires monitoring
- Drawdown can be high in Turbo mode
- Needs good broker with low spreads
- No guarantee of future profits
So in summary, FXStabilizer PRO provides reliable automated trading on multiple currency pairs with features to limit risk and losses. However, extensive backtests are lacking and profits are never guaranteed.
FXStabilizer PRO is an established forex robot with a long track record of generating steady profits on multiple currency pairs. The combination of strategies and risk management allows it to navigate different market conditions while limiting losses.
The live results are impressive but traders should be aware there are no guarantees of long term profitability. Performing more extensive backtests can help determine if the robot aligns with your risk tolerance and trading style.
Overall, FXStabilizer PRO is worth considering for automated forex trading due to the positive features and real account results over several years. Just be sure to start small, use proper risk management, and monitor performance closely.