In this post I will be reviewing the Arteon FX Robot. This is another automated forex trading system developed for the free to download MetaTrader 4 trading platform. It is 100% automated so completely set & forget which makes it suitable for novice traders. The parameters are fully customizable for the more advanced traders. The Arteon FX Robot developers have published real live verified trading results published on the website that at the time of me writing this review show fantastic gains of over 200%+ in just a few months! Make sure you check my forex robot results page for the latest results.
Arteon FX Robot Strategy
The Arteon FX Robot trades multiple currency pairs under any market condition. We do not have any long back tests to confirm this but so far in the few months it has been running it has done very well and this includes trading over a significant holiday period where it still made very good gains. The average trade lasts over 6 hours so it can be considered a day trading forex robot. This also means that there is no extreme scalping involved so it will not be broker/spread dependant although as I always recommend you should be using a regulated ECN forex broker in any case for the very best spreads and execution speeds. The average win is greater than the average loss which gives a favourable risk to reward ratio and ensures that one loss does not wipe out the winning trades. Arteon FX Robot trades 3 of the major currency pairs: EURUSD, GBPUSD & USDJPY. This gives portfolio diversity and ensures that if one currency pair is going through a bad patch you have other currency pair options to make up for it. It also trades AUDUSD, EURGBP & USDCAD. You can choose to trade one or all pairs although I would recommend sticking to the major currency pairs due to the lower trading costs in terms of spreads and the better liquidity. There is no scalping, hedging, arbitrage or averaging.
Arteon FX Robot Back Testing
There are no back tests on the Arteon FX Robot website but we have real live verified results to refer to.
Arteon FX Robot Live Results
Arteon FX Robot Summary
Overall, Arteon FX Robot is a very interesting new comer to the commercial forex robot market and has so far proved itself to be able to make more than 100% per month on a real account with medium risk/drawdowns. If at the time you are reading this review the good results have continued then it would certainly be worth trying out. Once more, it is suitable for all levels of forex trades and includes detailed instructions for a quick and easy setup. It also comes with one or multiple licenses depending on the package you choose, full support, free updates and solid money back guarantee.