www.4xproject.com/robot/review/cloverix
www.forexpeacearmy.com/public/review/cloverix-ea.com
EA (mq4) + Manual
Homepage / Vendor
The homepage of CloveriX contains mainly Forward – and Backtest-Results. There are no claims made about high profit and it’s clearly stated that it will not work on all brokers. Before beeing able to buy CloveriX there is a read me to agree on which explains who should not buy CloveriX.
The homepage of CloveriX contains mainly Forward – and Backtest-Results. There are no claims made about high profit and it’s clearly stated that it will not work on all brokers. Before beeing able to buy CloveriX there is a read me to agree on which explains who should not buy CloveriX.
Delivery
As owner of CliveriX the first delivery you get contains:
- a 8 page pdf incstruction manual
- the cloveriX EA ID software
This software is used to generate a computer specific key which needs to be forwarded to CloveriX.
After that you get the 2nd delivery withing 24 hours which contains:
- EAP – CloveriX (Expert Advisor Protection with CloveriX)
As owner of CliveriX the first delivery you get contains:
- a 8 page pdf incstruction manual
- the cloveriX EA ID software
This software is used to generate a computer specific key which needs to be forwarded to CloveriX.
After that you get the 2nd delivery withing 24 hours which contains:
- EAP – CloveriX (Expert Advisor Protection with CloveriX)
License
CloveriX is bound to the computer hardware you generate the key on. It needs a key for each computer which should be available upon request.
CloveriX is bound to the computer hardware you generate the key on. It needs a key for each computer which should be available upon request.
Installation
As described before you need to generate a key first. The EAP you get then has a kind of auto-installer which makes CloveriX available inside the Metatrader platform. The EAP program must be running always for the whole time when you want to run CloveriX.
After that the vendor expects that the purchaser knows how to attach the ea to a chart.
As described before you need to generate a key first. The EAP you get then has a kind of auto-installer which makes CloveriX available inside the Metatrader platform. The EAP program must be running always for the whole time when you want to run CloveriX.
After that the vendor expects that the purchaser knows how to attach the ea to a chart.
How does it work ?
CloveriX is a scalper which trades between 21:00 and 23:00 GMT. It uses Moving Average, RSI and WPR to define the trade entry / exit criterias. The robot is build with a strong security concept to protect if from abuse.
CloveriX is a scalper which trades between 21:00 and 23:00 GMT. It uses Moving Average, RSI and WPR to define the trade entry / exit criterias. The robot is build with a strong security concept to protect if from abuse.
Settings
The settings of this EA mainly allow to adapt to the broker used (external / internal tp, GMT Offset etc.). They are well documented in the manual and there are configuration examples for different brokers listed as well.
The settings of this EA mainly allow to adapt to the broker used (external / internal tp, GMT Offset etc.). They are well documented in the manual and there are configuration examples for different brokers listed as well.
Money Management
CloveriX uses an internal risk moneymanagement the possibility to define the risk to be taken.
CloveriX uses an internal risk moneymanagement the possibility to define the risk to be taken.
Broker Requirements
This robot is a scalper and needs tight spreads during it’s working hours. The vendor clearly states that it may not work well on all brokers. They list some brokers it should work in the manual and on the homepage. The best performance it seems to have with TadawulFX.
This robot is a scalper and needs tight spreads during it’s working hours. The vendor clearly states that it may not work well on all brokers. They list some brokers it should work in the manual and on the homepage. The best performance it seems to have with TadawulFX.
Conclusion
The vendor behind seems to seriously try to have a profitable product. They don’t claim big wins and don’t do any kind of aggressive marketing. Due to the nature of the strategy it is broker dependent which is also clearly stated. What we have seen so far it seems to be optimized to current market condition which for that kind of scalping strategy is a must. We appreciate the level of honesty and are looking forward to our own forward test results.
The vendor behind seems to seriously try to have a profitable product. They don’t claim big wins and don’t do any kind of aggressive marketing. Due to the nature of the strategy it is broker dependent which is also clearly stated. What we have seen so far it seems to be optimized to current market condition which for that kind of scalping strategy is a must. We appreciate the level of honesty and are looking forward to our own forward test results.
