In this post I will be reviewing the Claudius Forex EA. This is a fully automated forex trading system developed to run on the free to download MetaTrader 4 trading platform. Claudius Forex EA despite being a relatively new forex robot at the time of writing this review it has started very well generating some good automated trading profits with relatively low risk. It is very simple to use, you simply follow the provided instruction manual and can have it up and running on your demo or live account in around 5 minutes. From then on it will handle all the trading for you making it a set and forget trading solution as with most forex robots.
Claudius Forex EA Trading Strategy
The developer claims that over 12,000+ hours has gone into making this a profitable forex robot and I can certainly understand that having spent endless hours coding myself. Whether results are good, break even or bad we must appreciate and respect when extremely hard work is put into trying to develop a successful automated trading system. Claudius Forex EA trade on the EURUSD and GBPUSD which are major currency pairs for trading and that gives lower trading costs (lower spread) and fast execution due to there being plenty of liquidity on the majors. As I always recommend ensure that you are using a true ECN forex broker for the best spreads and execution speeds. The Claudius Forex EA takes short term trades which generate around 15-20 pips profit on average. So far it has been very consistent and includes multiple different forex trading strategies in the one forex robot. The trading logic is dynamic meaning that it can adjust to all market conditions and trade accordingly. The money management is also dynamic and there is a medium to high frequency of trading volume. It includes additional useful filters such as maximum spread/slippage and a profit protection system.
Claudius Forex EA Back Testing
There are no back tests published by the developer on the Claudius Forex EA website currently but that is not so detrimental as they have provided live verified by FX Blue results.
Claudius Forex EA Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Claudius Forex EA Summary
Overall, Claudius Forex EA is certainly a forex robot that grabs my attention although it is in the very early stages of live testing. I would be confident with it due to the fact that it trades 2 of the major currency pairs and does have a reasonably acceptable risk to reward ratio. I would be careful not to increase lots too high with this forex expert advisor – or any other forex expert advisor for that matter. It does come with full support, licenses, detailed instructions and a money back guarantee if you are unhappy with its performance. Going by the results so far, it is doing well. Let’s see how it continues moving forward.