In this article, we will take a close look into these points:
Forex Robotron is fully automated trading system. It supports multiple currency pairs for trading which is a plus because the trader can trade simultaneously on more than 1 currency pair. Here are the supported currency pairs EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPAUD, USDCAD, USDCHF. The recommended timeframe for trading is 5 minutes (M5). It consists of universal settings. There is possibility to set the forex robot to not keep trades opened over the weekend. The owner of the expert advisor shares backtests with Real Tick Data, 99% Modelling Quality. The developer of the forex robot has mentioned that they tested the robot on real variable spreads(real slippage) and including trade commissions of $9 per lot(per round turn).
This forex robot is a software which trades fully autoamted in the forex market without the need of human interractions. As a trader required from you is to install it on your metatrader 4 trading platform and make sure it runs 24 h per day in order not to miss trades. You have to open an account in forex broker if you want to trade in real money accounts(live accounts). You are not able to use this software without MT4 trading platform, so if you don't have such then you have to install one. The mt4 terminals are available in every forex market broker so you don't need to pay for it, it is free.
After the purchase you will get step by step instructions, provided by the develioper of Forex Robotron, 1 to unlimited licenses for all of your metatrader 4 accounts. This is not all, you will receive all the updates for free and support as well. The EA has no martingale, grid or arbitrage. It is compatible with US brokers, Non-US brokers, Islamic Friendly brokers. You will have 30 days testing period, this means if you don't get desired results you may ask for refund.
Updating Forex Robotron
To install the new version of this forex robot, you have to visit the official website and download the latest version and delete all the previously used files. Then copy the latest version to the folders explained in the instructions.
IMPORTANT: I want to mark that if you have opened trades please contact the developer of the EA to get further details if you can do the update of the new version of the robot. I personally suggest you to close your current opened trades, stop auto trading close your metatrader 4 trading platform and then install the new version.
Forex Robotron Settings
Forex Robotron Backtests
Below I get backtests results which are shared in the official website of the forex robot.
1. Backtest results on EURAUD | Deposit is $5000 | Net Profit: $21,412 | Max Risk 10% | Date: 2009 - 2019
2. Backtest results on EURCHF | Deposit is $5000 | Net Profit: $34,633,431 | Max Risk 10% | Date: 2003 - 2019
3. Backtest results on EURGBP | Deposit is $5000 | Net Profit: $923,290 | Max Risk 10% | Date: 2003 - 2019
4. Backtest results on EURUSD | Deposit is $5000 | Net Profit: $2,568 | Max Risk 10% | Date: 2016 - 2019
5. Backtest results on GBPAUD | Deposit is $5000 | Net Profit: $26,377 | Max Risk 10% | Date: 2009 - 2019
6. Backtest results on USDCAD | Deposit is $5000 | Net Profit: $356,319 | Max Risk 10% | Date: 2003 - 2019
7. Backtest results on USDCHF | Deposit is $5000 | Net Profit: $191,773 | Max Risk 10% | Date: 2003 - 2019
SUMMERY - Forex Robot Review - Forex Robotron
If we take into consideration the backtest results and all the points listed, I think as a trader everybody should take a look at this expert advisor. I beleive that you can give a try and test it for 30 days, since the owner of the software allow this. However, it is really important to mention as well that we always have to ask the developers for REAL money accounts and results in myfxbook or fxblue. I beleive that every forex robot has to have real money testing accounts which we(traders) can check the results.
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