Forex Earth Robot Review Introduction
The EA authors introduce it as the greatest expert advisor ever to hit the automated Forex market, and that they are a Russian team with over 60 joint years of experience in Forex trading.
Forex Earth Robot has limited modifiable settings, able to trade on all account types proficiently including micro, mini and standard, designed to exploit the fourth and fifth decimal places of prices quoted.
Trading Idea
Forex Earth Robot incorporates a powerful money management strategy and tends to look for high-quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any MT4 platform no matter what the broker is.
Forex Earth Robot Criteria
License
4 versions of the EA are available, one for each of the supported 3 pairs separately and the 4th runs on the 3 pairs together.
User Manual
Included with the EA Package.
Support
24/7 Professional Client Support.
Recommended Broker
Although Forex Earth Robot performs well on any MT4 platform no matter which broker is engaged, We Recommend Installing it on IC Markets Forex Brokers for the Best Stability and Profitability.Refund Policy
30-Day Money-Back Guaranteed by the EA Vendor.
Supported Currency Pairs
EURUSD, GBPUSD and EURGBPMetaTrader Chart Timeframe
M5Forward Tests
Strategy
Although sometimes more than one joint is open in the same direction, Forex Earth Robot doesn't apply a grid martingale strategy, it incorporates a powerful money management strategy and tends to look for high-quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any MT4 platform no matter what the broker is.
Bottom Line
Although Forex Earth Robot performance results are promising, you should be concerned about some other result aspects, for example, the recorded reward-to-risk (R/R) ratio value is below the unity, never was a reassuring sign, as being weak, the (R/R) ratio offsets the impressive win-to-loss (W/L) ratio benefits of 82%, resulting in a great reduction of the crucial expectancy-value (EV) by the dismal R/R, so it just posts an incurious $0.64.
The poor (EV) value in the previous tests that were made over months doesn't guarantee that important profits could be made by trading over the same period of time, as if Forex Earth Robot would start to trade against any unusual trading circumstances, additional losses may quickly result.
MyFxBots Admin
[Last Modified On Tues, 8 Aug 2017]Talk about Forex Earth Robot
Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.