MyFxBots
Updated on Tue Aug 8th, 2017

Forex Earth Robot Review Introduction

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.

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, Tickmill, or Alpari 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 EURGBP

MT4 Chart Timeframe

M5

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.

Forward Tests

Forex Earth Robot Forex Trading System by Forex Trader DOGFightTIC

Forex Earth Robot Forex Trading System by Forex Trader DOGFightTIC
Settings: Default Settings
Started On
Dec 08, 2013
Leverage
1:500
Broker
Alpari NZ
Account Type
Demo
Starting Balance
$200.00

Alpari Forex & Investment Trusted by Millions Worldwide, Make your Money Work for you!
Alpari Forex & Investment Trusted by Millions Worldwide, Make your Money Work for you!

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.

By:
4.56/5
324 total votes.

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.