Update May, 6 2010: The NEW version of LerosaProFx was released named LEROSA V. 5. Krak.
You can buy Lerosa for only 200 USD, discount coupon: FRATELLO. This special offer valid till 2010-05-08.
Or you can buy Lerosa for 299 USD with discount coupon: SMALLINVESTORS. This offer valid till end of this year.
Update November 2009: LEROSA FX PRO V. 2a has been released! Several changes have been made aiming at improving EA trading stability in all environments. Stoploss and Takeprofit are now based on ATR and are self-adjustable regarding market current volatility. Trailing is improved too and is based on volatility rate. EA is not trading during all the day but only within certain time interval, which ensure trading in more volatile environment.
Update September 2009: Have recently released the new version of Lerosa EA. This version has some new improvements enabling the robot to cope with unusual market conditions caused
by economic and political turmoil. This new approach enables EA to stand both old and new market conditions. There were some crucial changes in entry logic as well as in position and lot management.
In this version you have to set risk factor manualy as follows:
0.025 - Conservative
0.045 - Moderate
0.065 - Aggressive
The real backtest show good result. Here are our independent backtests of LerosaProFx:
Lerosa Pro FX is a completely automated forex robot which works for all market conditions without one having to optimize or adjust the settings. This way you can be confident that you are trading at the best possible rate at any point of time. It is similar to the automatic trading software used by professional traders but is sold at a very affordable $599 unlike the professional software which cost about $10,000. Small investors can now afford to use the automatic trading software.
Most of the forex robots in the past are designed to suit the market conditions of the past but Lerosa Pro FX adjusts itself to the changes that take place in the market.
The installation has been made very simple by the developers and you just have to put the file into the expert folder of Meta Trader 4 platform. Select the currency and money management type and you can start using Lerosa Pro FX.
The cons of the system - it increased the lot size when it get a loss which is some kind of Martingale strategy which can be risky.
What is the maximum lot size progression Lerosa will undertake?
The EA has been developed and designed to cope with the market successfully on the long run. It is based on unique trading strategy and has complex money management system enabling to earn on market moves as much as possible. It's money management system includes increasing and decreasing capability. The Ea increase factor is 1.4 and the increase procedure occurs no more than 3 times in a row for safety reason. It all depends on market performance. That has been proven to work very well along with other features incorporated in EA. After the increase procedure is over money management opens new position based on available equity and specified risk factor. Increasing and decreasing procedure is switching on and off in accordance with programmed algorithm and not randomly. It's inherent part of the strategy.
How many positions can be opened at once?
As you have already noticed our EA starts each trade with two positions. The first position is aiming at catching small movements, while the other position is targeting larger movements. That concept together with EA's unique strategy makes it even more powerful.
Can I regulate lot amount?
You can regulate lot amount using Risk factor only.
The robot uses formula as follows: lot=AccountEquity X Risk / 1000
So if your deposit is $1400 and put Risk to 0.1, then lot=0.14. Since robot opens 2 positions simultaneously each position is opened with 0.07 lots. It's that simple. Risk can be any number you wish.
*Lerosa V.1c_manual_updated - enables manual setting of risk used by money management. Advanced customers can receive this version upon request!
Check out the Lerosa Pro FX website
