In this post I will be reviewing the FXAdept forex robot that trades fully automated in the MetaTrader 4 forex trading platform. Live results on the official FXAdept website show impressive gains that average at around 30% per month. There is no prior forex trading experience to use the FXAdept forex robot as it is a complete set and forget trading system. Simply follow the easy to understand instructions and you can have FXAdept setup and running on your mt4 trading account in minutes. From there, you let it do all of the hard work for you and if the results are anything like they have been so far, you can be making consistent fully automated trading profits! The FXAdept real myfxbook verified account has made around 150% in under a year with only 18% drawdown. FXAdept has a long proven track record and looks to be a consistent performer.
FXAdept Trading Strategy
The developers are keen to point out that FXAdept does not use any dangerous martingale or grid strategies, thus chances of one wrong trade blowing your account are minimal. FXAdept does not also use a forex scalping strategy but rather stays in trades for at least a few hours and aims for a good amount of pips profit. FXAdept can change according to the current market conditions and trades on the popular USDJPY currency pair. Make sure you use a good ECN forex broker for low trading costs and the best liquidity providers which will give you low spreads and superior execution, a good combination alongside this forex robot. The main technical analysis used in the FXAdept expert advisor (forex robot) is the RSI indicator which is good at picking overbought and oversold market conditions. This is used alongside other additional filters to ensure high probability entries and exits. FXAdept has a low risk and high risk option to suite your preferred trading style.
FXAdept Back Testing
There are no back tests on the FXAdept official website although modelling quality is 90% so we would like to see 99.9% modelling quality back tests which basically means the test are done using Birts Tick Data Suite and thus including real tick data, real historical spreads, commissions and slippage. That being said, at least FXAdept provides a real verified myfxbook account that has been running for a sustained period of time with good results.
FXAdept Live Results
Overall, the FXAdept is a very solid forex robot and a good option for sensible gains without needing to use any dangerous money management or trading strategies. It is certainly not for the get rich overnight crowd but if you are a patient and disciplined trader, the FXAdept Expert Advisor has so far proven to produce reliable results. It comes with full support, updates, instructions and a money back guarantee.