In this post I will be reviewing the Everex Eilte Forex Robot. This is a fully automated forex trading system that runs in the popular MetaTrader 4 (MT4) platform which is free to download. It can place and manage trades on behalf of the user. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
Everex Elite Trading Strategy
Primarily, it is based on support and resistance levels whilst using an adaptive stop loss system and heavily involves mathematical equations to analyse the forex market for trading opportunities.
Everex Elite Back Testing
The Everex Elite website displays in detail some back tests which notably have a modelling quality of 99%. It works on multiple currency pairs but it is not clear if they used real variable spreads, swaps, slippage and commissions in testing. These factors can have a major impact on results.
Everex Elite Live Results
Everex Elite Summary
Everex Elite pride themselves on delivering automated trading system solutions. They offer dedicated support which has a quick response time and also free life time updates to users. This particular forex robot runs on the free MetaTrader 4 trading platform and comes with an easy to understand instruction manual for a quick setup – thus, making this a suitable automated forex trading system for all forex traders. You also get free life time updates, dedicated support and licenses for your trading accounts. You may head on over to the Everex Elite website for more information.