In this post I will be reviewing the Forex Steroid forex robot. As the name suggests, this forex robot aims to PUMP up (pun intended!) your trading profits. As someone who enjoys going to the gym in my spare time I have to laugh whenever I read the name of this automated trading system as it makes me picture a meat head throwing dumbbells around the gym whilst dribbling protein shakes on his vest! Anyways, back to business – let’s take a look in more detail and see if Forex Steroid is as powerful as the name suggests. With gains averaged out at 70% per month those are some insanely high returns! If a bank or property generates a 2-10% return on investment per year then clearly any returns close to 70% per month is amazing! Those figures suggest that even if it is not performing well by its own standards then it will still be generating big profits. These gains have occurred since 2010, so Forex Steroid has a long track record of making money on auto-pilot.
Forex Steroid Trading Strategy
Forex Steroid is a 100% fully automated forex trading system that runs on the EURUSD primarily due to its volatility with added bonus that this currency pair has some of the lowest spreads and is always liquid enough for speedy execution. Forex Steroid has built in money management which helps to protect your forex trading account from blowing up. It went through years of development and testing before its release and the developers are constantly keeping it up to date.
Forex Steroid Back Testing
The back tests used tick data and have 99% modelling quality which gives accurate back testing results. From these results we can see big profit gains and very low draw downs. This testing process was evidently a good choice and successful as the current forward live verified results match up to those in back testing.
Forex Steroid Live Results
Forex Steroid Summary
Overall Forex Steroid is a superb forex robot with impressive back tests and most importantly there are live results on the website to verify its performance. You get dedicated technical support, easy to follow instruction manual, free updates and the Forex Steroid forex robot for MetaTrader 4.