In this post I will be reviewing the Forex Trend Hunter forex robot. I will start by saying they have real verified results published on the website via MyFxBook widgets which is always a good sign – although the results are not the most impressive I have come across. The developer is putting their money where their mouth is and so far it is in profit overall despite having its ups and downs. Nothing ground breaking here but perhaps more realistic than some forex robots which claim unrealistic percentage gains in the thousands every year. This robot is from the same developer who brought you the Forex Trend Hunter and Forex Pulse Detector automated forex trading systems that I have previously reviewed.
Forex Trend Hunter Trading Strategy
Forex Trend Hunter is a fully automated forex trading system so you can set it up in just 5 minutes with relative ease and forget about it whilst it makes you money on auto-pilot. It is a long term automated trading system which trades with the trend – the old saying “the trend is your friend” applies here! These types of system are usually reliable as they move with the overall direction of the market and aim for sustained and safe profits rather than risky short term profits. Trend Hunter aims for at least 25 of pips per trade which gives it a respectable risk to reward ratio and does not require a specific broker for scalping with low spreads. Despite being a long term automated forex trading system, it trades on the m15 charts. Usually a long term system would use a higher time frame.
Forex Trend Hunter Back Testing
Looking at the 12 year back tests, Forex Trend Hunter produced amazing results on the EURJPY, GBPJPY and EURUSD currency pairs. However, tick data was not used so the modelling quality is 90% and we must also consider that real spreads and commissions were not incorporated in the testing. As this is not a scalper we could perhaps overlook the spread issue as it shouldn’t have had a major impact on the results.
Forex Trend Hunter Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Forex Trend Hunter Summary
Overall this is a decent forex robot, in all honesty not the greatest I have seen but it is in profit on the verified account and perhaps by the time you read this review things would have improved. The price is perhaps reflective of the performance as it is in more of the budget range of forex robots. Full support, updates and 60 day money back guarantee included. They actually have 3 forex robots currently available on the website with more coming soon. I have the developers other forex robots in my forex robot reviews section, you can see all live results from this and the developers other robots on the Forex Trend Hunter website.