In this post I will be reviewing the Forex inControl automated forex trading system. This is a trading system developed for the MetaTrader 4 trading platform that runs fully automated placing and managing trades for you. It is a complete set and forget trading solution with no manual intervention required on the traders behalf. There is no prior trading experience required to use the Forex inControl forex robot as it comes with detailed instructions for a fast and easy setup. Just make sure that you run it on an ECN forex broker with good liquidity providers for the best possible execution speeds and lowest spreads. Forex inControl is currently achieving around 25% per month in profit which is around 0.7% per day. These are great returns for any automated system.
Forex inControl Trading Strategy
As the name suggests, Forex inControl aims to control the drawdown on your trading account by entering into established trends across 4 different currency pairs. This gives great diversity to your trading portfolio and spreads the risk out. You are able to specify your maximum acceptable drawdown within the EA settings to ensure that the EA does not go beyond that. Based on recent live results at the time of writing this review, this forex robot has not come close to significant draw downs and is performing superbly well. The pairs that Forex inControl trades on are GBPJPY, USDJPY, AUDUSD and EURGBP. Whilst these pairs do not have the liquidity of majors such as the EURUSD and GBPUSD pairs they do have relatively low spreads and plenty of volume to catch some nice moves. You are free to optimise and run Forex inControl on other currency pairs should you wish and have the experience to do so – otherwise it is ready to use straight out of the box with the default settings. There are 3 trading modes you can choose depending on your trading style – conservative, normal and aggressive. Whatever method you choose, the EA is great at waiting only for the best possible entry points into the market with high probabilities of making profitable trades.
Forex inControl Back Testing
The Forex inControl website includes some very impressive back tests going back 11 years and showing some great gains with low risk. The modelling quality is 90% which means that the results are somewhat accurate, tick data would have been ideal to achieve 99% modelling quality but so far the EA is matching the back test performances on the real accounts. Overall we can say that the back tests confirm that Forex inControl is a safe and profitable automated forex trading solution.
Forex inControl Live Results
Forex inControl Summary
Forex inControl is a very solid automated forex trading system that does not require any dangerous money management techniques to make consistent profits in a safe manner. It has great diversity by trading multiple pairs and is flexible depending on the requirements of the individual user. The back tests results are of course very impressive and so far backed up by the real account performance. It comes with full support, licenses, updates and a no questions asked 30 day money back guarantee.