Forex Earth Robot Review
Forex Earth Robot Overview
Price: $149 – $299
Installation Support: Available
Number of traders per day: Few
Currency pairs: All Pair
Fully Automated: Yes
Trading Platform: MT4
Live Account: Yes
Historical ROI: 10-25% ROI every month.
In this blog, I am going to share some of my experiences regarding the forex earth robot. MyFxBook verified results are showing more than 100% profit gains in just a very short time or a few months while I am writing these reviews. Monthly gains are around the 30% mark.
Forex Earth Robot can run on any Meta Trader 4 (MT4) broker although I always recommend a regulated legal True ECN broker for best results and outcomes with any forex robot.
Forex Earth Robot very easy to install and setup it takes just 5 mins to set it up very easy to follow manual instruction and after it you will be able to do trading, a complete set and forget trading solution.
It is suitable for beginner traders and requires no previous trading experience
Forex Earth Robot Trading Strategy
Forex earth robot trades on 2 major currency pairs – EURUSD and GBPUSD.
These pairs give positive low spreads and quick execution because of their high liquidity.
One of the best key features of the forex robot claimed by its designers is that it utilizes the best risk to reward ratio means that it targets to achieve successful trades that are bigger than the losing trades.
This would be valuable as forex robots that have a poor risk to rewards ratio can see profits cleared out in only a couple losing trades while a decent risk to reward ratio implies that a couple losing trades can be recovered from rapidly.
It also means that a forex robot doesn’t need a very high success rate to be in profit overall and there can be considered a stable automated trading solution.
The forex Earth Robot does have a very high success rate (around 70-80%) with low to medium drawdowns (around 15-20%). Keeping in view present MyFxBook statistics the losing trade average is greater than the successful trade average so the risk to reward ratio is not good as claimed.
This Forex Robot has an advanced money management system that can be fully modified although you can use the default settings and just adjust the lots to suit your required level of risk.
Forex Earth Robot Back Testing (Not Available)
Forex earth robot developers did not publish any backtesting on their website, but they are not required to publish because they have verified MyFxBook accounts to evaluate the robot current performance.
LIVE RESULTS (NONE)
Summary (Was Buyable Until Corona Virus Melt Down)
There is some good earning potential with this Forex robot and it is very reasonable. I would have liked to have seen few real account results published rather than demo accounts although there may not be quite a bit of a distinction in execution as it isn’t generally a spread dependent forex robot and trades significant cash sets (low spreads, quick execution).
The profits are stable and the drawdown is acceptable. The risk to reward ratio can be adjusted marginally to confirm that are successful trades are greater than the losing trades.
Possibly some of the optimizations would find even better settings than the defaults provided by its designer.
This Forex Earth Robot comes with 60 days money-back guarantee. Full lifetime support and the client will receive free updates. It’s been updated a few times so its developers are always very keen to improve things.
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