In this post I will be reviewing the Forex Trend Detector automated forex trading system. Whichever way you look at it this is a decent forex robot. Forex Trend Detector went through year of rigorous development and testing which seems to have paid off when you look at its proven live performance on the website. It has had its ups and downs but is overall in the green. These particular developers have made a few other profitable forex robots over a time span of more than 6 years, so it is clear they know there stuff when it comes to developing automated trading systems.
Forex Trend Detector Trading Strategy
Forex Trend Detector has 3 risk options – low, medium and high. Of course the higher the risk you use the more money you can make fully automated BUT, you also increase the exposure on your account. Medium risk seems like the sweet spot for this particular forex robot. The concept behind Forex Trend Detector is using a strategy that professional fund managers and insiders would refer to as “smart money”. Infact, they claim that a fund manager with more than 15 years’ experience was involved in the development process. This forex robot has a coding algorithm that will protect your account and control draw down so trades are exited at a minimal loss if not in profit. This money management algorithm is combined with a volatility breakout strategy which logically means it works best on more volatile forex currency pairs. Volatility strategies are logical by nature and used by many big and serious investors so the idea behind the Forex Trend Detector automated system makes complete sense. Finally, it can adapt to any market conditions but as my review suggests, it works best in more volatile markets.
Forex Trend Detector Back Testing
There is a back test on the website that shows a good amount of profit with low draw down over just 2 years’ worth of testing. I would like to have seen back testing over a longer period of time and with real tick data, spreads and commissions included. None the less, the live results so far are similar to the back tests.
Forex Trend Detector Live Results
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Forex Trend Detector Summary
Forex Trend Detector is stable and consistent with the developers providing full support and free lifetime update as well as a no questions asked 60 day money back guarantee. This gives the buyer peace of mind although if this forex robot full fills its potential you will be too busy counting your profits! One of the live accounts they share made nearly 1000 pips in just 3 days and that is verified by MyFxBook. Hard to argue with that! Looking further across the website the current real live verified account has made almost 400% profit at the time I am typing this so perhaps even more by now should it maintain this fantastic performance.