In terms of looking for profitable trades, FX Ripper is much more likely to target larger winning trades rather than continually try to scalp for small profits.
1. How Else Does Forex Ripper Make Money For You?
But it does not just make money from short terms trends though as it also comes with an advanced EA that capitalizes on longer terms trends. Using more than one time frame, multiple indicators and price patterns, this software is capable of generating many small winning trades while also holding on to some longer term trades.
2. Review of the Forex Ripper Advanced EA
The advanced Expert Advisor is very much focused on looking at longer term trends by analyzing the monthly and weekly price charts rather than analyzing the smaller time frame charts like the main system does.
As compared to the main scalping system, the advanced Expert Advisor's strike rate is higher and makes more money per trade. It should average about 4 trades per week. easy forex review
3. What is The Advantage that Using Forex Ripper Has Over Using other Trading Methods and Software?
Because FX Ripper is designed with a dual approach that also makes long term trades, it will not run the risks of getting shut down by brokers who tend to close down accounts being run by day trading robots, even though this is only a very handful of brokers.