Last Updated On Sun, 26 Mar 2023

Forex Truck Review Introduction

Forex Truck is a smart trading robot that works 100% automatically.

Trading Idea

Forex Truck Expert Advisor has a special feature - it consists of two blocks that work together in addition to risk control.

The strategy and algorithms used in the EA made it possible to achieve full compatibility with any broker, so there is no need to select a broker with special trading conditions - any broker will do.

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Forex Truck Criteria


One account (real or demo with unlimited possibility to change the account number), licensed for life.

Broker / VPS

Forex Truck is fully compatible with any broker. While in order to get the best achievable stability and profitability, we recommend using Golden Pickaxe on IC Markets, Tickmill, or Alpari Forex brokers in conjunction with TradingFX VPS Forex VPS.

MT5 Version

Forex Truck has versions that can run on MetaTrader 4 & MetaTrader 5.

User Guide

A detailed user manual is included.


High-quality and friendly technical support 24/7.

Refund Policy

30 Days money back guarantee by Forex Truck EA vendor.

Supported Currency Pairs


MetaTrader Chart Timeframe


MyFxBook Verified Real Money Trading Result Statement

Started On
Jan 16, 2020
MetaTrader 4
Starting Balance

Trading Strategy

First Block

The first block is responsible for opening orders. It finds good entry points and only uses a fixed lot. Sometimes it opens only one order, and sometimes it can open the second one, depending on the signals of the algorithm.

One way or another, the first block accompanies each trade and tries to close it with good profit. But if the situation in the Market changes, Forex Truck EA does everything possible to close trades in a small profit, or even in a small loss, in order to avoid prolonged drawdowns.

In most cases, the first block does an excellent job, but if the situation goes beyond the usual for this block, then the second block gets involved.

Second Block

The second block comes into operation only if the situation for the first one looks difficult to fix, and has already been going on for some time.

This block is designed to quickly fix everything and close all trades in total profit. The algorithm of this block resorts to opening additional orders based on the Market situation. These orders could be opened by Forex Truck EA with a small increase in lot sizes, which will allow us to quickly resolve the situation with unsuccessful trades. Moreover, ultimately this allows getting a profit, and not a loss.

Risk Control

In Forex Truck robot, the developers have implemented a reliable system for limiting drawdowns, which will ensure the safety of your funds, and in case of failure, will not allow loss of more than what you were ready to. The EA sets StopLoss and also monitors the status of orders in real-time so that, if necessary, closes them by the Market (forcibly).

All this works in accordance with a “risk” value specified in the settings of the EA.

Last Updated On Sun, 26 Mar 2023

Talk about Forex Truck

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.