Business

iProfit MT4 EA Completes Six Years in Real Trading

Published

6 years ago

July 18, 2019

The Forex market is the largest in terms of trading volume and offers maximum liquidity. It is easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions. Financial Institutions and large banks are the major players. They have access to excellent infrastructure, knowledge, real-time information and data to be successful in trading. Retail traders who enter Forex start off with a disadvantage and need to work really hard on every aspect to see profits. Most get lured into Forex trading with unrealistic expectations only to end up losing it all.

ForexInfoBook.com aims to level the playing field for retail Forex traders by providing factual and concise information. The site provides unbiased reviews about Forex trading software, VPS and Brokers.

ForexInfoBook has completed its review of iProfit HFT MT4 EA based on six years of real trading history. It is surprising to see an MT4 EA continue performing well for so many years without any hype. iProfit is not the regular “run-of-the-mill” EA, and promises to be a great tool for serious investors and traders.

History

The strategy has been developed by Phibase Technologies – a software firm specializing in Forex trading research and development. Phibase has been in the field of strategy development since 2011 and their product line includes several automated strategies like Cabex, Raybot, Index and iProfit.

Phibase have had their share of failures with Synergy (2012-2014), Ray Scalper (2012-2015) and Turbit (2014). It must be said that Phibase Team is very professional in their developmental approach and have been around to provide high quality support. It is rare to find professional EA vendors with live trading history to prove that their strategies work in real trading.

What is iProfit Neural Network Trading Strategy?

High Frequency Trading (HFT) strategies are used by large investment banks, hedge funds and institutional investors who have access to powerful computers which can make a large number of transactions at high speeds and low cost. They typically make a very small gain or loss on each trade – the goal is to make a net profit for the day after accounting for all costs involved. Large investment firms may use proprietary algorithms which are usually closely guarded secrets or even some simple strategies like moving average cross overs. Such firms employ many different strategies simultaneously – some of which generate a large number of trades and while other strategies may not trade that frequently, but may aim for larger gains.

It is impractical and unprofitable for retail traders to consider use of such HFT strategies since the spreads, cost of trading and execution slippage/speed are enough to guarantee loss over a period of time.

So what does iProfit HFT for retail trader mean? While HFT strategies function on price data in second or minute time-frames, iProfit EA is based on price from hourly time-frame. Basically the concept appears to be the same – make a large number of trades for small gain-loss and take a net profit at end of trading. iProfit HFT trades about 15 to 20 times per week and tries to make a net profit by end of the week. All trades are closed before market close on Friday. Read the full review of iProfit MT4 EA.

As per the developers of iProfit, the neural network model is a simple model which is designed to just predict the High and Low of the next hour. The EA uses this prediction to make its trade entry and exit. The developers claim that iProfit is powered by a self-contained, self-learning Neural Network (NN) algorithm. The strategy does not try to outsmart the markets but aims to keep generating small gains while keeping losses low – This is indeed the principle of HFT.

It is very rare for a good strategy with proven real trading history to be available for review. The developers of iProfit HFT EA have provided excellent strategy details, tests results and significant amount of information on their website. iProfit HFT EA has been in live trading since August 2013. The trading strategy has survived several different market cycles on a variety of pairs and has made decent gains in the process.

Conclusion

iProfit is most suitable for traders who want to have a safe, proven frequent trading strategy in their portfolio. The EA will deliver small gains on a weekly or monthly basis which quietly add up to grow your account in the background. This is how large investment firms use HFT to make small gains on a segment of their portfolio.

iProfit HFT EA is not for traders looking for “Forex Robots” that promises to “double money every month”. It would also not be suitable for traders with account sizes less than $3000 since the gains will not justify the cost of the EA.

If your Forex trading account size is over $5000 and your broker provides leverage of 1:50 or above – then this is a great way to get started with this retailer version of High Frequency Trading.

Business

Mega Construction Projects That Relied on Advanced Crane Technology

Published

2 weeks ago

February 21, 2025

Matthew Wiles

When it comes to large-scale construction projects, the right equipment can make all the difference. From towering skyscrapers to massive bridges and complex infrastructure developments, cranes play a crucial role in lifting, transporting, and positioning heavy materials with precision and efficiency. As technology has advanced, so too has crane engineering, allowing for safer and more ambitious builds. In the points below, we take a closer look at some of the world’s most impressive mega construction projects that relied on cutting-edge crane technology to bring them to life.

Burj Khalifa – Dubai, UAE

Standing at a staggering 828 metres, the Burj Khalifa remains the tallest building in the world. Constructing such a colossal structure required cranes that could operate at extreme heights. Specialised luffing-jib tower cranes were employed to lift materials hundreds of metres into the air, battling high winds and desert heat. These cranes were anchored to the structure itself as it rose, ensuring stability and precision throughout the build.

Sydney Metro – Australia

As Australia’s largest public transport infrastructure project, the Sydney Metro has transformed the way people move around the city. The project required massive tunnel boring machines (TBMs) to carve underground routes, but just as critical were the cranes used to transport and position enormous precast concrete segments. Mobile and crawler cranes with advanced hydraulic systems played a key role in assembling stations and track infrastructure with minimal disruption to existing road networks.

Hong Kong-Zhuhai-Macau Bridge – China

This engineering marvel, stretching 55 kilometres across the Pearl River Delta, is one of the longest sea crossings ever built. Given its scale, floating cranes with immense lifting capacity were used to position pre-fabricated bridge sections. Some of these cranes had lifting capabilities exceeding 3000 tonnes, demonstrating the sheer power and precision required for such a complex marine project.

The Panama Canal Expansion – Panama

The expansion of the Panama Canal was one of the most ambitious infrastructure projects in recent history, involving the construction of massive new lock chambers. Gigantic gantry cranes were used to install the enormous steel lock gates, some weighing over 3000 tonnes. These cranes had to operate with pinpoint accuracy to ensure the seamless functioning of the canal’s new locks, allowing for the passage of larger vessels.

Hinkley Point C Nuclear Power Station – UK

The construction of this next-generation nuclear power plant has required some of the world’s most advanced heavy-lift cranes. The site features one of the largest land-based cranes in the world, capable of lifting reactor components that weigh hundreds of tonnes. These high-tech cranes have been crucial in ensuring the safe and efficient assembly of the plant’s intricate infrastructure.

The Role of Advanced Crane Technology in Modern Construction

Each of these projects would have been impossible without the evolution of crane technology. Innovations such as digital load monitoring, autonomous operation, and enhanced safety systems have allowed cranes to handle heavier loads with greater precision than ever before. For companies tackling complex construction projects, working with an experienced crane hire provider is essential. Businesses like Sventek Cranes offer cutting-edge crane solutions, ensuring that even the most ambitious projects can be completed safely and efficiently.

Mega construction projects continue to push the limits of engineering and design, and advanced crane technology remains at the heart of these achievements

Whether it’s lifting components for a record-breaking skyscraper or positioning bridge segments over open water, cranes will always be an integral part of building the world’s most remarkable structures. By leveraging state-of-the-art crane systems, today’s construction industry is making the impossible possible – one lift at a time.