In this post I will be reviewing the Lion FX Trader forex robot for the MetaTrader 4 trading platform. During its first year trading, Lion FX Trader has made over 1,200% on a REAL trading account. These are amazing gains for any forex robot with acceptable draw downs. As with all forex robots Lion FX Trader is a fully automated forex trading solution. You simply set it up on the MetaTrader 4 trading platform and leave it to handle all of the trading positions opening, managing and closing for you. It is suitable for all levels of traders and includes easy to follow instructions to get setup and running on your trading account in just a few minutes. The developers of Lion FX Trader have been specialising in coding forex robots for a while now with some great results to show for their efforts over the years and they continue to develop new robots whilst refining the already developed ones such as Lion FX Trader.
Lion FX Trader Robot Strategy
Whilst the strategy behind the Lion FX Trader is understandably kept mostly private we can see a few key points regarding the strategy. Firstly it has so far proven to be safe, consistent and reliable whilst making very good gains. The trading logic incorporated in the Lion FX Trader robot is trading swings between support and resistance levels combined with technical indicator analysis and complex math calculations. The combination of trading key price levels along with the further technical analysis ensures that the strategy is aware of the latest market movements and can look for the best opportunities to enter and exit. The unique algorithm uses a dynamic open and close depending on the market conditions which makes it very flexible and adaptable to the ever changing market conditions. There is no dangerous martingale money management system, hedging or grids and the Lion FX Trader will more often than not cut losing trades early and allow winning trades to run which maximizes possible gains. Of course for best results, lowest spreads and fastest execution, make sure that you are using a regulated true ECN forex broker! It trades the EURUSD (15 minute timeframe) which is one of the major forex currency pairs and has some of the lowest trading costs and most liquidity due to its popularity.
Lion FX Trader Back Testing
The Lion FX Trader website includes an interesting EURUSD 15 minute back test where we see a small $97 deposit growing into over $7,000 in just 2 years! Now, $7,000 may not seem like a lot to some people but when you consider how small the initial deposit was – this is a HUGE gain. We see an acceptable draw down and the average win is greater than the average loss which gives a positive risk to reward ratio. My only issue with the back test would be the fact the modelling quality is 90% so no tick data was used and thus no real spreads or commissions included. That being said, the results are still impressive and Lion FX Trader has real live verified results to back them up.
Lion FX Trader Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Lion FX Trader Summary
Overall, I believe Lion FX Trader to be a very good automated forex trading system when you consider the combination of analysis it incorporates, the decent money management and perhaps most importantly the long term verified real results the developer has shared that show this forex robot making amazing gains with acceptable risk. I would highly recommend that you at least check out the trading results for yourself, you will be impressed! Especially if the gains are even greater at the time you are reading this review. What’s more is that the developer is very skilled and has been around for a long time, they offer excellent support, free updates and a money back guarantee. You have nothing to lose in trying out this forex robot but perhaps a lot to gain!