Omega Trend EA Review
Welcome back to our best ea forex blog! Today we will be doing an Omega Trend EA review. Last time we did a detailled Forex Trend Detector Review. Keep reading to find out all important details about one of the most known forex robots available in the market.
Our team will be studying everything starting from the strategy, features, pros & cons, reviews, and how trustworthy are the creators behind it.
Stay tuned to find out every single detail yo need to know before buying this EA. You will see if this one make our Best Forex Robots page.
What is Omega Trend EA?
Omega Trend EA is a Forex trading robot that works both automatically and manually, depending on the strategy you want to use and the one that works best for you and your plans for the short, medium, and long-term. Apart from this, the robot comes with 3 different trading principles that allow all Forex traders to make the most profits in a short time. And, it doesn´t matter if you are a beginner just getting started in this business or if you are already a professional Forex trader. This EA will for sure make you boost your gains no matter what.
Also, this EA works on MetaTrader4 with a 1H timeframe. It has many open trades on the official website where you can see the overall performance of the bot. So, these are also verified by Myfxbook with over 12+ years of backtesting available on the website.
The only downside we have found so far is it only operates with 3 different currencies. These are EURUSD, GBPUSD, EURJPY.
We are very impressed so far! What are your thoughts at this point? Amazing, right?
Omega Trend EA Features
- High slippage protection.
- High spread protection.
- Time management system.
- Advanced money management.
- Broker protection.
- News filter.
- Fully automated.
- 100% compatibility.
- Life-time support.
- NFA and FIFO compatibility.
- Multiple currency pairs.
- Easy to use and self-updating.
- Recovery system.
- Profit protection.
Who is behind Omega Trend EA?
As you may know, an Omega Trend EA review wouldn´t be complete for us if we didn´t take our time to investigate about the team behind this EA. The good news is the developers have their information listed on the official website.
The company behind Omega Trend EA it´s called FXautomater. They have over 10 thousand happy clients around the world, with 30+ Forex robots both free and paid launched online, and the whole team of professionals has more than 15+ in the Forex business. And, they have over 10 years of experience in creating and developing successful automated trading systems to help people get financial freedom.
Apart from this, the developers state their mission with their company is “to find working trading strategies, test and develop automated trading forex robots”. So, they feel like their clients´ success is their success too. Because they work so hard on developing and updating all their EAs to be the best until they get the clients´ satisfaction.
Overall, it seems like the people in this team are truly committed and passionate about their job. They like helping all clients to find success while using the software they spent so many hours working on until the final result was perfect enough to finally launch online for customers to buy.
Omega Trend EA Trading Strategy
In this section, we will be doing an Omega Trend EA review in terms of strategy and profitability. So, like many other EAs, this robot tries to adjust itself to the ever-changing Forex stock market conditions, to find the best moment to open and close trades, and also sell.
Omega Trend EA detects trends during some specific market conditions. Additionally, as we said above, the bot comes with 3 trading strategy principles implemented. These are called trend spotting, strategy diversity, and dynamics entries and exits.
The first one, trend spotting, allows the bot to select the right trend to extract pips from the most profitable parts. The strategy diversity means that no “default” strategy will work out for everyone, that´s why this bot comes with 2 different types of strategies you can choose from.
And lastly, we have the dynamic entries and exits, this means that sometimes the EAs miss profit opportunities because of the static entry. That´s why Omega Trend EA avoids these annoying problems with stop-loss and trailing stops.
We must mention again this EA works only with 3 different currency pairs: EURUSD, GBPUSD, EURJPY. If you have read our Forex Megadroid review you will see that its possible to trade with many other pairs.
Remember you can always check the accuracy of this strategy on the official website. There you will find countless open trades verified by Myfxbook with over 12+ years of backtesting.
Omega Trend EA Packages/ Prices
For our Omega Trend EA review, we listed all the details just in case you wish to purchase this incredibly affordable EA. Sadly, there is only one offer to choose from. But, for the price, we believe it´s an amazing opportunity for those not so experienced traders and beginners who want to give it a try to Forex trading but don´t have a lot of money to invest at the beginning.
- Price: USD 97.
- 1 real account
- 3 demo accounts
- 24/7 support
- 60-day money-back guarantee
If you want to get more features involved with the EA, remember you can always adjust the settings to meet your standards. And, there are many available free bots on their official website that you can download and try whenever you want. There are other forex robots with higher or lower prices off course. If you read our Forex Megadroid review you will see that the prices are similar.
Omega Trend EA Pros & Cons
- Affordable price.
- 24/7 customer support available.
- 60-day money-back guarantee.
- 2 strategies to choose from.
- Backtesting results for over 12 years.
- H1 timeframe.
- Only supports 3 currencies: EURUSD, GBPUSD, EURJPY.
Conclusions Omega Trend EA Review
This is the end of our Omega Trend EA review. Overall we have to say we are very happy to announce there are only great and satisfactory things our team can say about this EA. There are only good reviews from the clients stating they have had good performance since purchasing the bot. BTW next week we are going to post our Forex Trendy review article!
Another amazing thing to point out is the amazing developers and companies that worked so hard to create this product for their customers. Also, the price point is so affordable for most traders, making it an amazing EA to start learning about trading.