In this post I will be reviewing the Greenbull Robot. This is a fully automated forex robot for the free MetaTrader 4 trading platform. The Greenbull Robot website has published verified live real trading account results that prove the excellent performance of this particular forex robot. It has so far turned a $10,000 deposit into $1,233,847 profit. I cannot express how impressive these gains are and it certainly makes this a must have forex robot for any forex trader who wants to make a lot of profit from automated forex trading with any initial account size. Current Greenbull Robot statistics at the time of writing this review show an impressive 6,284%+ net profit, 1,133+ pip gain, only 7% draw down, 2.0+ profit factor and all this in just over 1 years trading. 6,284%+ net profit in 1 year is amazing and is one of the best live performances I have seen from any fully automated forex trading system.
Greenbull Robot Trading Strategy
The Greenbull Robot is designed to trade on support and resistance breakouts. It is extremely accurate at analysing the market prices and picking only the best levels of support and resistance that leads to a significant breakout. It is superb at filtering false breakout signals and even adjusts risk in real time to protect your trading account. Greenbull Robot will ensure that it locks in profit at the earliest ideal opportunity whilst ensuring the account is protected by managing the exit with the least possible draw down. It is therefore high profit with low draw downs, gives your account protection and evolves to the current market conditions. The Greenbull Robot trades primarily on the EURUSD and GBPUSD (1 hour time frames) currency pairs which give low spreads and plenty of liquidity for low trading costs and fast execution. It is not spread dependant but in any case you should be using a regulated ECN forex broker.
Greenbull Robot Back Testing
Back testing was done using real tick data for 99% modelling quality for the most accurate results possible. The EURUSD and GBPUSD pairs performed very well with the EURUSD coming out as the overall winner. The back tests show highly profitable results over 5 years of testing with low draw downs. The profit factor is high and importantly, the average winning trades are much larger than the averaging losing trade which signifies a good risk to reward ratio.
Greenbull Robot Live Results
Greenbull Robot Summary
The Greenbull Robot package includes the MetaTrader 4 forex robot, life time license, dedicated 24/7 support, free updates and easy to follow instructions making it suitable for beginner traders. I am very impressed with the performance of this forex robot and highly recommend that you visit the Greenbull Robot website to see the latest results for yourself and for more information.