In this post I will be reviewing the Eklatant Forex Robot for the mt4 trading platform. As the name suggests, this is another fully automated forex trading system that runs in the worlds mot popular and free to use forex trading platform – MetaTrader 4. Eklatant Forex Robot is suitable for beginner traders as it requires no manual trading on your part, you simply setup this forex robot and let it do all of the analysis and trading on your behalf. The official Eklatant Forex Robot website has real live verified accounts showing impressive automated gains of around 40% per month and 400% in total, at the time of me writing this review, make sure you check my best forex robots page to see if the performance has continued to be as impressive! The win rate is very good at 75% whilst the average win is similar to the average loss, thus giving a risk to reward ratio of around 1:1 which combined with the high winning percentage, proves to give good results.
Eklatant Forex Robot Trading Strategy
The Eklatant Forex Robot utilizes superb advanced detection systems to automatically determine specific and profitable breakout opportunities and capitalize on them safely, it utilizes powerful Fibonacci levels to set laser-accurate and dynamic trades, along with Bollinger bands. It also incorporates various indicators like moving average, CCI, RSI and Stochastics. This combination does lead to low risk and high probability trades. Just make sure that you are using a sensible lot size for your account and do not over leverage yourself. Also, make sure you are using a reputable true ECN forex broker for the best trading conditions including low spreads, low commissions and super-fast execution from the best liquidity providers around. Eklatant Forex Robot works on EURUSD,GBPUSD,EURGBP and USDJPY 5M timeframe.
Eklatant Forex Robot Back Testing
There are no back tests on the official Eklatant Forex Robot website although we do have real live verified accounts to judge it’s performance.
Eklatant Forex Robot Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Eklatant Forex Robot Summary
Overall, the Eklatant Forex Robot is doing well based on it’s current results although there is little information provided on exactly how this forex robot operates which to be honest is standard practice as developer of course do not want to give away their secrets considering the sheer time and effort placed on coding fully automated forex trading systems. Full instructions for an easy setup are included along with full support, updates and a money back guarantee. Certainly worth checking this one out despite the name!