From the beginning Forex Robotron’s presentation looks like we came back in 1999 and tried to find something on the internet. It’s unprofessional to even show a site like this one in 2021.
Forex Robotron At a Glance
We prepared a table with some details for you:
|Price||$229, $399, $439, and $999|
|Currency Pairs||21 pairs|
|Strategy||Scalping and Martingale|
Forex Robotron Functionality
We have a few details mentioned about the system and its functionality:
- The robot works on the terminal fully automatically.
- It’s a night scalper according to the time frame it trades.
- We can trade five symbols: EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, and EUR/USD.
- The time frame is M5.
- Trading frequency isn’t high – 500 deals annually.
- The settings can be customized if we have a proper experience.
- We have a feature called “Option for NO Trades Open Over Weekend.” It prevents keeping orders on the market.
- The system follows in trading NFA and FIFO restrictions.
- The system can be run on Islamic accounts.
- There are no risky strategies like Hedging, Grid, Martingale, or Arbitrage applied.
- We have a user guide published.
- The installation process takes several minutes.
Forex Robotron has four packages that vary by the number of real account licenses: Basic, Standard, Gold, and Premium. The Basic pack costs $299. It includes one real account license. The Standard pack costs $399. It includes one more real account. The Gold pack costs $499. There are three real licenses. The Premium pack costs $999. There are unlimited real accounts licenses. All packages have an unlimited number of demo account licenses, welcome and lifetime support, lifetime free updates, step-by-step user manual.
Forex Robotron Trading Strategy Tests
There’s a EUR/GBP backtest on the M5 time frame based on 17-year data. The modeling quality was 99.90%. An Initial Deposit was $5,000. The net profit has become $71,039. The Profit Factor was 4.00. The maximum drawdown was low – 2.97%. The robot traded 2723 deals with a 98.60% win rate for the BUY direction.
There’s a screenshot from the StrategyQuant site with all pairs’ performance.
What about Forex Robotron Live Trading Results
There’s a robot applied to the real AUD account on the Peeperstone broker. It trades automatically using technical data from MT4 indicators. The leverage is 1:500. The account has a verified track record. It was created on April 01, 2019, and deposited at A$1,435. Since then, the absolute gain has become 458.33%. An average monthly gain is 6.54%. The maximum drawdown is 57.21%.
The robot traded 1047 deals with 2032.5 pips. An average win is 4.26 pips when an average loss is -7.69 pips. The system traded 457.5 Lots. The win rate is 81% for Longs and 70% for Shorts. An average trade length is one hour and twenty-one minutes. The Profit Factor is 1.47.
The most-traded symbol is EUR/USD (198 deals) when the most profitable is EUR/AUD, with $3396.
It opens orders right after Midnight before the Australian session.
The system tries to avoid trading on Monday.
The robot trades with medium risks to the balance. It has to lose only 12 deals to lose 10% of the account.
As we could note, the robot increases the lot size to make more profits.
The monthly profitability varies much depending on the month.
The presentation includes some feedback that we have seen for years.
We have a company page with a single comment on Forex Peace Army.
The client noted that real trading results are much worse than the backtests.
Forex Robotron Review SummaryForex Robotron Review Summary
Functionality2/5 BadThe system looks like a night scalper
Trading strategy2/5 BadScalping an hour a day
Live results3/5 NeutralResults looked modified. Anyway, the robot is not quite profitable
Customer support1/5 AwfullyWe know nothing about support
User reviews1/5 AwfullyThe robot doesn’t have a trustful and verified reviews
- The robot has backtest reports
- Real-account trading results provided
- No team revealed
- No settings, strategy, risk, money-management explanations provided
- Mediocre trading results
- No refund policy provided