Market / MetaTrader 5 / Experts /

Cherry Red FX

120 USD

Demo downloaded: 63

Published: 14 February 2024

Current version: 226.8

Cherry Red FX

4.5

Experts
Michael Prescott Burney
Version: 226.8
Updated: 19 March 2024
Activations: 5

UPDATED AS OF 3.19.2024 WITH NEW QUALITY CONTROL UPDATE FOR PERFORMANCE VALIDATION!

CHERRY RED FX IS ON SALE FOR ONLY 120.00 UNTIL MAY 1ST!!! GRAB YOUR COPY TODAY!!

WHEN YOU PURCHASE CHERRY RED FX MESSAGE ME FOR ANOTHER SYSTEM IN MY OFFERINGS FREE OF YOUR CHOICE!!!

Unleashing the full potential of algorithmic trading, Cherry Red FX is a powerhouse expert advisor designed for the USDJPY H1 chart. With an outstanding track record from March 2021 to March 2024, Cherry Red FX boasts a significant net profit of $120,000 from a $3,000 balance, asserting its high-performance caliber. This EA ensures consistency with a remarkable 96% win rate across 1,068 trades, demonstrating a robust strategy while maintaining risk management with a modest maximum drawdown of just 3.2%.

Cherry Red FX employs a fixed lot method, promoting stability in trading volume despite market fluctuations. It strategically navigates the forex market with a single maximum position and an entry amount of 1.0, ensuring precise and measured exposure. This calculated approach reflects a disciplined trading system, suitable for traders who favor a balanced risk-reward ratio.

The EA integrates a sophisticated suite of technical indicators, including Bulls Power, Williams' Percent Range, DeMarker, Bollinger Bands, Directional Indicators, Stochastic Oscillator, Momentum Indicators, and Moving Averages Crossovers. These indicators synergize to pinpoint accurate entry and exit points, delivering a strategic edge in diverse market conditions.

Cherry Red FX is more than an expert advisor; it's a comprehensive trading solution for the USDJPY H1 chart, designed to thrive in today's dynamic forex landscape. Whether you're looking to preserve capital with a conservative approach or capture significant market movements, Cherry Red FX is engineered to serve your trading ambitions with precision and reliability.

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128

Teguh Andriyanto 2024.02.15 16:10 #

Hi Michael I just bought Cherry Red (thanks for the support and fast response). And I will immediately test it on a real account. I will update (share) the test results on this review channel.

366

stucan 2024.03.22 10:22 #

This EA from Michael doesn't really convince me at the moment. The ratio of the number of winning trades is not bad, but the loss with just one negative trade is simply too high. I wouldn't recommend the EA at the moment. However, I will continue to test this. If you are interested in my current public demo account, where I also test other EAs from Michael, please write to me. Use Myfxbook for this. I posted a screenshot of this EA and its trades in the comments. I will adjust my rating if anything changes.

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WHEN YOU BUY AMNESIA FX MESSAGE AFTER PURCHASE TO RECEIEVE ANOTHER EA OF YOU CHOICE FROM MY OFFERINGS ABSOLUTELY FREE!!! Amnesia FX presents a sophisticated and innovative trading solution for the discerning Forex trader. With its move from the 5-minute chart with version 2.0, to the H1 chart (1 hour chart) for the newer 3.0 update! Amnesia FX now leverages the stability and clarity of higher time frames, allowing for enhanced market analysis and more consistent trading outcomes The heart o

80 USD

ONLY 47 COPIES ARE AVAILABLE IN TOTAL! FLASH SALE!!!! FOR THE NEXT 5 COPIES PRICE IS $100.00!!! Introducing GOLD DIGGER XT , a revolutionary Expert Advisor crafted for the discerning trader who aims to harness the volatility of the XAUUSD on the H1 chart . Designed with precision, GOLD DIGGER XT has undergone extensive back testing, ensuring reliability and robust performance. Key Performance Metrics: A stunning Total Net Profit of $93,570.10, demonstrating significant financial growth. An impr

100 USD

UPDATED AS OF 3.19.2024 WITH NEW QUALITY CONTROL UPDATE FOR PERFORMANCE VALIDATION! PROP MASTERS EA PRICE IS SLASHED TO 120.00 FOR THE NEXT 5 COPIES ONLY BEFORE IT RETURNS TO ORIGINAL PRICE OF 480.00!!! Prop Masters EA for GBPUSD H1 Chart: The Epitome of Precision and Performance Embark on a revolutionary trading journey with Prop Masters EA, meticulously engineered for the GBPUSD H1 chart. Dive into the financial currents with a formidable win rate of 96% and a prudent risk management syste

60 USD

ONLY 48 COPIES OF THIS SYSTEM ARE AVAILABLE AND THE PRICE WILL DOUBLE EVERY 10 PURCHASES UNTIL THE 50 COPIES ARE SOLD!!! IT WILL THEN BECOME AN EXCLUSIVE SYSTEM ONLY AVAILABLE TO ITS BUYERS!!! WHEN YOU BUY RECLUSE FX YOU WILL ALSO GET ANOTHER SYSTEM FROM MY OFFERINGS OF YOUR CHOICE ABSOLUTELY FREE!!! Introducing the Recluse FX, the pinnacle of trading sophistication for the US30 on the H1 chart. Since its inception in 2021, this Expert Advisor (EA) has not only promised but delivered a spectacul

150 USD

Knox FX for XAUUSD H1 Chart next 3 copies only at $100 BEFORE PRICE GOES TO $220 FOR THE LAST 10 COPIES I WILL SELL!!! 13 MORE COPIES LEFT BEFORE IT BECOMES EXCLUSIVE TO BUYERS!! SET FILES ARE IN THE COMMENTS SECTION!! (FIXED LOT+BEST RISK SET RECOMMENDED STARTING OUT) Knox FX Gold System - Version 2.0 Elevate Your Trading with Precision and Stability Unlock the potential of gold trading on the H1 chart with Knox FX Gold System's latest innovation, Version 2.0. Updated 4.23.24 this expert adv

100 USD

ALL SYSTEMS ON SALE FOR $120.00 UNTIL MAY 1ST!!! WHEN YOU BUY POLTERGEIST EA MESSAGE ME IN THE CHAT FOR ANOTHER SYSTEM OF YOUR CHOICE FREE!!! ONLY 10 COPIES AT THE SALE PRICE BEFORE I PLACE IT BACK AT 360.00!!! Introducing 'Poltergeist' EA – Your Ultimate Trading Companion for GBPUSD H1 Discover the unparalleled precision of 'Poltergeist' EA, expertly crafted for the GBPUSD H1 chart. With its remarkable blend of 300 strategies, this EA boasts an impressive 95% win rate from March 2021 to Mar

60 USD

Discover Deep Purple XT: A Trading Revolution for GBPUSD on the M15 Chart ONLY 47 COPIES ARE AVAILABLE!! PRICE IS 90 FOR THE NEXT 5 COPIES!!! GRAB YOURS TODAY!! MESSAGE AFTER PURCHASE FOR ANOTHER FREE SYSTEM OF YOUR CHOICE!!! SETS ARE LOCATED IN THE COMMENTS SECTION OF THE MARKET PAGE! (LOWEST RISK SET RECOMMENDED STARTING OUT!) Are you ready to transform your trading with a system that has turned $500 into $1,000,000 in just 365 days? Deep Purple XT is not just a trading system; it's your new t

90 USD

Dragons Breathe FX for USDJPY H1 Chart For a limited time when you purchase dragons breathe fx you will also get Knox fx or world's fx absolutely free!! $60.00 FIRST 10 COPIES THEN I RAISE THE PRICE TO 120.00!!! --5 COPIES LEFT-- Elevate your trading with Dragons Breathe FX, the Expert Advisor (EA) tailored for the USDJPY H1 chart. Designed to be a powerhouse in the realm of forex trading, this EA combines the predictive precision of Bollinger Bands and the trend-following prowess of Moving A

60 USD

Parallax FX EA for AUDUSD H1 Chart ONLY 50 COPIES WILL BE SOLD! WHEN YOU PURCHASE PARALLAX FX YOU WILL ALSO RECEIVE WORLDS FX OR KNOX FX ABSOLUTELY FREE!!! (MESSAGE ME AFTER PURCHASE TO RECEIVE THE BONUS SYSTEM) Introducing Parallax FX, the ultimate trading system meticulously engineered for the AUDUSD H1 chart. This advanced Expert Advisor stands at the forefront of financial technology with an arsenal of 300 finely-tuned strategies, poised to execute up to 100 trades simultaneously with surgic

30 USD

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60 USD

THERE ARE ONLY 24 COPIES OF BONKAI XT AVAILABLE!!! SUPER SALE ON BONKAI XT FOR THE NEXT 4 COPIES THEY ARE PRICED AT $90.00!!!! AFTER ALL COPIES ARE SOLD THE SYSTEM WILL BECOME EXCLUSIVE TO THE 25 BUYERS Introducing Bonkai XT, our premier Expert Advisor meticulously tailored for the USDJPY H1 chart. This advanced trading system is designed to navigate the complexities of the forex market, providing traders with a potent blend of precision and performance. Core Performance Metrics: Substantial

60 USD

Title: Prop Farmers Pro: A Comprehensive Guide to Mastering the EURUSD H1 Chart FOR THE NEXT 72HRS ONLY WHEN YOU PURCHASE PROP FARMERS PRO AT ITS INTRODUCTORY PRICE YOU WILL RECEIVE POLTERGEIST EA (VALUED AT $720.00) ABSOLUTELY FREE OF CHARGE!!! SETS ARE LOCATED IN THE COMMENTS SECTION!! (LOWEST RISK SET RECOMMENDED TO START) Introduction: In the dynamic world of forex trading, the quest for an Expert Advisor (EA) that consistently delivers results is paramount. Prop Farmers Pro emerges as a ga

60 USD

Introducing CHROME XT for XAGUSD (SILVER) H1: The Pinnacle of Precise Performance ONLY 50 COPIES WILL BE SOLD WITH PRICE INCREASING EVERY 5 PURCHASES UNTIL ALL 50 ARE GONE!! Leverage the collective intelligence of 300 meticulously crafted strategies with CHROME XT, our premier trading system designed for the XAGUSD (SILVER) on the H1 chart. CHROME XT encapsulates advanced financial modeling to deliver unparalleled trading precision. Key Performance Metrics: Stellar History Quality: 99%, ensuring

30 USD

UPDATED AS OF 3.17.2024 WITH NEW QUALITY CONTROL UPDATE FOR PERFORMANCE VALIDATION! KAIJU X IS NOW 150.00 FOR A VERY SHORT TIME!!! GRAB YOUR COPY TODAY!!! WHEN YOU PURCHASE KAIJU X EA MESSAGE ME FOR ANOTHER SYSTEM OF YOUR CHOICE FROM MY OFFERINGS ABSOLUTELY FREE!! Introducing Kaiju X EA, a formidable force in the forex market, meticulously designed for the USDJPY H1 chart. This Expert Advisor harnesses the volatile nature of the Yen to deliver outstanding results, reminiscent of the mythical Ka

150 USD

Cluster Luck FX for GBPJPY H1 Chart EXPERIENCE CLUSTER LUCK AND ITS PERFORMANCE ABSOLUTELY FREE!!! Embark on a trading journey with Cluster Luck FX, a cutting-edge Expert Advisor specifically calibrated for the GBPJPY H1 timeframe. Boasting a repository of 100 dynamic strategies, this EA is a powerhouse for rapid-fire trades that demand precision and speed. Optimized for Contemporary Market Pulse: Cluster Luck FX represents the zenith of optimization, finely-tuned for the market’s pulse over the

FREE

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FREE

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FREE

UPDATED AS OF 3.19.2024 WITH NEW QUALITY CONTROL UPDATE FOR PERFORMANCE VALIDATION! 4 MORE COPIES LEFT AT 60.00 THEN THE PRICE GOES TO 120.00 SECURE YOUR COPY WHILE THE PRICE IS LOWEST! Introducing SHRED FX, the expert advisor designed for the CADJPY H1 chart that has meticulously carved its niche in the trading world. From March 2021 to March 2024, SHRED FX's algorithm demonstrated an extraordinary ability to capture market momentum, amassing an impressive $11,700.00 net profit from a $3,000 b

60 USD

BALLISTIC IS NOW AVAILABLE TO THE ENTIRE COMMUNITY AT NO COST!!! EXPERIENCE THE PERFORMANCE OF MY SYSTEMS FOR YOURSELF WITHOUT PAYING A DIME!!! Introducing the 'Ballistic' EA: a formidable force in the forex trading world, specifically tailored for the AUDJPY H1 chart. This expert advisor is not just a tool but a sophisticated trading companion, designed to navigate the volatile forex market with precision and agility. Key Features: Exceptional Win Rate: With a remarkable win rate of 95%, the 'B

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UPDATED AS OF 3.19.2024 WITH NEW QUALITY CONTROL UPDATE FOR PERFORMANCE VALIDATION! ---FOR THE NEXT 72HRS WHEN YOU BUY PROP HUNT EA YOU GET ANOTHER EA OF EQUAL OR LESSER VALUE ABSOLUTELY FREE OF CHARGE!!!--- 3 COPIES AVAILABLE AT 150.00!!! GRAB YOURS TODAY! Introducing the Prop Hunt EA , a robust trading solution expertly engineered for the NZDUSD H1 chart. With its inception dating back to March 2021, this EA has consistently demonstrated a high performance in the ever-volatile Forex market. He

150 USD

Introducing Asunder XT: The Ultimate Forex Trading System for the EURUSD H1 Chart SLASHED PRICES ON THE NEXT 5 COPIES ONLY!!! THESE WILL GO QUICKLY!!! ONLY 50 COPIES WILL BE SOLD BEFORE ITS MADE EXCLUSIVE TO THE 50 BUYERS ONLY!!! GET YOURS NOW!!! SET FILES ARE LOCATED IN THE COMMENTS SECTION OF THE MARKET LISTING!! In the fast-paced world of forex trading, the Asunder XT stands as a beacon of innovation and success. Designed specifically for the EURUSD H1 chart, this powerful Expert Advisor em

60 USD

WHEN YOU BUY METAMIND FX YOU GET ANOTHER EA OF YOUR CHOICE FREE!! FLASH SALE FOR THE NEXT 5 COPIES ONLY AT $60 BEFORE PRICE RETURNS THE 120.00!!! ONLY 50 COPIES OF METAMIND FX WILL BE SOLD BEFORE IT BECOMES EXCLUSIVE TO THE BUYERS!! Introducing the MetaMind FX for EURUSD H1 CHART , an advanced Expert Advisor (EA) meticulously crafted to adapt and thrive in the dynamic world of forex trading with a respectable 1:2 R:R (risk to reward ratio) on every trade placed. Boasting an impressive Total N

60 USD

ONLY 50 COPIES WILL BE SOLD WITH THE PRICE INCREASING BY $60 EVERY 5 PURCHASES!! WHEN YOU BUY ROUNDHOUSE FX MESSAGE ME FOR ANOTHER FREE SYSTEM IN MY OFFERINGS OF YOUR CHOICE!!! RoundHouse FX Trading System Overview: Market Focus: GBPUSD on the H1 (1-hour) chart. Strategy Quantity: Utilizes a conglomerate of 73 distinct strategies to scan and identify multiple trading opportunities simultaneously. Risk-Reward Ratio: Employs a strategic 1:2 risk-reward ratio to maximize gains while minimizing ex

30 USD

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stucan 2024.03.22 10:22 #

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Reply from developer Michael Prescott Burney 2024.03.22 10:31 #

Stucan, thank you for the informative review on Cherry Red FX! I will use the information to improve the system when i release new updates down the road. I really appreciate you providing useful reviews for the community to reference when deciding to purchase one of my systems. My goal is to provide honest transparent systems that work in real live trading accounts and not just in the back tester.

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Teguh Andriyanto 2024.02.15 16:10 #

Hi Michael I just bought Cherry Red (thanks for the support and fast response). And I will immediately test it on a real account. I will update (share) the test results on this review channel.

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Reply from developer Michael Prescott Burney 2024.02.15 17:56 #

thanks for the awesome review of Cherry Red FX!! dont hesitate to contact me with any questions regarding the system or anything else for that matter!!! Have a great day :D

Version 226.8 2024.03.19

ENHANCED WIN RATIO WITHOUT SACRIFICING TRADE FREQUENCY
RAISED TRADE FREQUENCY
ADDED MORE ROBUST STRATEGY INDEX 300 STRATEGIES
BETTER DD CONTROL
FIXED BUGS AND BOTTLENECKS IN THE CODE

Version 225.8 2024.03.05

better trade frequency
fixed bottlenecks in the code
improved the win ratio

Version 25.2 2024.02.29

MORE TRADES
MUCH MORE AGGRESSION
100 STRATEGY INDEX WITH HIGHER FREQUENCY