In this post I will be reviewing the forex robot for the free to download MetaTrader 4 trading platform called, Forex Impulse Trader. Now, impulse trading for manual traders is not always a good thing as it can lead to rash mistakes and angry trading. However, you do not have to worry about manual trading with the fully automated Forex Impulse Trader which will place trades on your behalf, manage them and exit them, if you let it.
Forex Impulse Trader Trading Strategy
The Forex Impulse Trader places 2 orders at the same time when it sees a good opportunity to do so and will place 2 different take profit levels. Forex Impulse Trader trades on 6 currency pairs on the m15 time frame. The pairs that Forex Impulse Trader trades can be considered major currency pairs thus they wil usually have plenty of liquidity when using an ECN forex broker.
Forex Impulse Trader Back Testing
There are a good range of back tests on the Forex Impulse Trader official website over 8 years on multiple currency pairs. I would however like to have seen 99.9% modelling quality tests using Birts Tick Data Suite.
Forex Impulse Trader Live Results
Forex Impulse Trader Summary
Overall, the Forex Impulse Trader is diverse and can be customised to suit your individual trading requirements. It also comes with instructions, support, updates and a money back guarantee.