Phoenix Forex expert advisor is a very complicated EA. It uses many standard MetaTrader 4 indicators (like moving averages and envelopes) to determine the position entry and exit points as well as position parameters. This expert advisor has many input parameters and internally stored data sets for each of the five currency pairs it can be used to trade with. The abundance of the indicators and conditional checks make Phoenix expert advisor a little slower for CPU to process.

My test of the Phoenix MetaTrader expert advisor resulted in about $6,400 profit using GBP/USD pair on a fifteen minute timeframe using 1 standard lot to open positions. Testing was done over a one year period, with maximum drawdown as little as $96. I've also checked it on a three years period and it showed the same performance.

Phoenix Forex expert advisor is a very complicated EA. It uses many standard MetaTrader 4 indicators (like moving averages and envelopes) to determine the position entry and exit points as well as position parameters. This expert advisor has many input parameters and internally stored data sets for each of the five currency pairs it can be used to trade with. The abundance of the indicators and conditional checks make Phoenix expert advisor a little slower for CPU to process.