Forex Robotron EA stands as a testament to durability among forex robots, having undergone significant enhancements over time while consistently garnering positive feedback, as evidenced by user testimonials on its website. Robotron is renowned for its excellence, gathering a devoted user community and offering top-tier customer support.
The Forex Robotron website showcases verified performance data from Myfxbook over an extensive timeframe, distinguishing it as one of the few robots developed and refined over many years, continuously upgraded based on user input and the developer’s diligent efforts.
Operating across multiple currency pairs with uniform settings underscores its adaptable trading strategy, avoiding over-optimization. Equipped with various features, including filters for broker suitability and market conditions like maximum spread/slippage, Robotron’s trading algorithm ensures robust performance.
Notably, Forex Robotron EA employs a dynamic close condition, allowing it to respond to prevailing market dynamics by exiting trades opportunistically, providing a level of flexibility lacking in some fixed-level Forex robots.
Live Results
Several Myfxbook verified accounts showcase the most recent results of the Forex Robotron EA, offering a valuable opportunity to observe its trading patterns and analyze the latest statistical data. Current results stand as a crucial factor when selecting a suitable forex robot, providing insight into its performance amidst ever-changing market conditions. Without up-to-date information, evaluating the effectiveness of a system becomes challenging, as it lacks visibility into its recent performance within the dynamic market landscape.
Trading Strategy
Forex Robotron specializes in trading ranging markets through a blend of price action and technical analysis, complemented by dynamic money management and trade filters to anticipate market movements proactively.
The trading activity of Robotron typically occurs from the latter part of the New York trading session extending into the Asian trading session, with GMT trading hours automatically configured within the code.
Users have the option to utilize Robotron with default settings, with the flexibility to adjust lot sizes or risk levels according to their preferences. Advanced traders may choose to experiment with settings on demo accounts or within the MT4 strategy tester. However, surpassing the developers’ default settings with personalized set files would be a remarkable feat.
Forex Robotron’s fully automated nature makes it suitable for traders of all experience levels. All that’s required is access to the MT4 trading platform and a Forex broker account.
It’s important to note that Forex Robotron doesn’t engage in hedging, martingale, grid strategies, or arbitrage.
The settings of the Forex Robotron EA are externally accessible, allowing you to modify them through the inputs window when attaching the robot to your trading platform charts. While you can opt for the default settings provided by the developer, which have already been optimized, it’s advisable to ensure that the lot size or risk level is suitable for your risk tolerance, as every trader’s preferences differ.
For those with experience, there’s the opportunity to experiment with the Forex Robotron EA settings to create personalized set files. Utilizing the MT4 strategy tester, you can backtest the software across various currency pairs and chart timeframes to identify a unique combination of settings that align with your trading style and objectives. Although there are recommended currency pairs, you can also run it on other financial instruments. However, if you intend to experiment with the Forex Robotron software, starting with a demo account might be prudent to assess its performance.
Back Testing
The Forex Robotron EA underwent extensive backtesting across numerous currency pairs spanning many years, thereby introducing diversity into trading portfolios. Historical data indicates the Expert Advisor’s ability to deliver consistent performance over 15+ years, utilizing identical settings across multiple currency pairs. This stands out in contrast to the common practice of optimizing robots individually for specific pairs within shorter timeframes.
Crucially, these backtest were conducted within the MT4 strategy tester, incorporating real tick data along with variable spreads, commissions, swaps, and slippage. This meticulous approach ensures a modelling quality of 99% and optimizes testing conditions within MT4 to the fullest extent.
In contrast, developers often resort to backtesting at 90% modelling quality without utilizing tick data or factoring in spreads, commissions, swaps, or slippage, all of which can significantly influence the performance of any trading system.
Conclusion
In conclusion, the Forex Robotron EA, without a doubt, stands out as one of the most impressive Forex robots we’ve ever reviewed. The developer has dedicated numerous years to refining it and deserves recognition for their efforts. User feedback has been overwhelmingly positive, and the Myfxbook accounts have demonstrated sustained performance over an extended period.
As is the case with any forex trading system, it’s recommended to deploy the Robotron EA personally on an ECN forex broker, known for offering optimal trading conditions. These may include tight spreads, dependable execution speeds, and competitive commissions, all of which are crucial considerations for both automated and manual forex systems.
Forex Robotron comes with a user-friendly instruction manual for swift setup and operates on a fully automated basis, allowing users to set it up and leave it to run. And lastly, customer support is widely praised for its excellence.
