In this post I will be reviewing the FXSecret Immortal forex robot which is a fully automated forex trading system that is compatible with the MetaTrader 4 (mt4) trading platform for Windows and MAC. You can download mt4 free of charge from most reputable online forex brokers, I always prefer to use an ECN forex broker for the best possible trading conditions which include tight spreads, low commissions, fast execution speeds, regulation and excellent customer support. As FXSecret Immortal is an automated system, you simply just need to follow the provided setup instructions to attach it to your mt4 charts and it will analyse the markets for potential trading opportunities. When it finds them, it can place and manage the positions on your behalf. The developer has kindly provided a verified Myfxbook account which shows this particular robot has been running for around 7 years and made very good returns although it must be said that it has gone through some very choppy periods which may put off many traders due to the significant drawdowns involved.
FXSecret Immortal Strategy
The FXSecret Immortal trading robot implements a combination of 3 different trading strategies and runs on the EURUSD. One of the good things about using different strategies is that you can potentially take advantage of different market conditions. E.g. One strategy may be suitable for a ranging market whereas another may be more suited to a trending market. It is possible to choose in the settings of the EA whether to use all three systems, or a certain number of them, if needed. The system will automatically calculate lot sizes and Stop Losses based on the risks specified in the settings of the EA.
The developer states that “FXSecret is a private community of successful traders that provides the best automated solutions for trading on Forex Market.” Their company was established in 2012, but the development of their Forex robots started in 2009 – I have actually reviewed some of their previous works a few years back. One of the things I like about these developers is that they have taken experience from past results and implemented their findings into newer versions of their work to try and improve performance. If the FXSecret Immortal robot does not perform, it is certainly not for them wanting it to. The developer mentions that for trading with FXSecret Immortal combo system it is preferable to have a minimum deposit of $1,400 for a reliable trading, or $700 for an aggressive trading. I would only ever trade with what you can afford to lose due to the significant risks involved with online trading – most traders lose money!
FXSecret Immortal Back Testing
There are unfortunately no back tests shared on the FXSecret Immortal official website but we do have the verified Myfxbook account for reference that has been running for a very long time. The more seasoned traders amongst you may wish to use Birts TDS to optimise this forex robot in the mt4 strategy tester and perhaps find your own bespoke settings for various currency pairs and time frames.
FXSecret Immortal Live Results
FXSecret Immortal Summary
Overall, the FXSecret Immortal robot is well established and is diverse due to the fact that it incorporates multiple strategies into one expert advisor (EA). It has made good gains at the time of me writing this FXSecret Immortal review but you may wish to check the latest performance to see how things are going up to the point you are reading this. My main concern is the significant amount of draw down and stagnant periods the robot has gone through. It comes with setup instructions, full support and updates. There is no mention of a money back guarantee.