Last Updated On
Sun Nov 24th, 2013
Refund policy
30 days.
Recommended Broker
Although Forex Earth Robot performs well on any Mt4 platform no matter which broker is engaged, the EA authors recommend Alpari (Alpari-Standard).

The EA authors introduces it as the greatest expert advisor ever to hit the automated Forex market, and that they are a Russian team with over 60 joint years of experience in Forex trading.

Forex Earth Robot has a limited modifiable settings, able to trade on all account types proficiently including micro, mini and standard, designed to exploit the fourth and fifth decimal places of prices quoted.

Strategy

Although sometimes more than one joint is open, in the same direction, Forex Earth Robot doesn't apply a grid martingale strategy, it incorporates a powerful money management strategy and tends to look for high quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any Mt4 platform no matter what the broker is.

Forward Tests

Forex Earth Robot GBP/USD System by ProForexCompany | Myfxbook

Settings
Medium risk
Started
Mar 25, 2015
Leverage
1:500
Broker
Alpari NZ
Account Type
Demo
Starting Balance
$1,000
Forex Earth Robot GBP/USD System by ProForexCompany | Myfxbook

Forex Earth Robot v3 high risk System by ProForexCompany | Myfxbook

Settings
High Risk
Started
Oct 08, 2015
Leverage
1:500
Broker
Alpari NZ
Account Type
Demo
Starting Balance
$1,000
Forex Earth Robot v3 high risk System by ProForexCompany | Myfxbook

Forex Earth Robot v3 medium risk System by ProForexCompany | Myfxbook

Settings
Medium Risk
Started
Oct 08, 2015
Leverage
1:500
Broker
Alpari NZ
Account Type
Demo
Starting Balance
$1,000
Forex Earth Robot v3 medium risk System by ProForexCompany | Myfxbook

Forex Earth Robot v3 low risk System by ProForexCompany | Myfxbook

Settings
Low Risk
Started
Oct 08, 2015
Leverage
1:500
Broker
Alpari NZ
Account Type
Demo
Starting Balance
$1,000
Forex Earth Robot v3 low risk  System by ProForexCompany | Myfxbook

Backtest

Strategy Tester Report 12/1999 - 06/2013

Strategy Tester Report 12/1999 - 06/2013

Bottom Line

Although Forex Earth Robot performance results are promising, you should be concerned about some other result aspects, for example, the recorded reward-to-risk (R/R) ratio value is below the unity, never was a reassuring sign, as being weak, the (R/R) ratio offsets the impressive win-to-loss (W/L) ratio benefits of 82%​, resulting in a great reduction of the crucial expectancy value (EV) by the dismal R/R​, so it just posts an incurious​ $0.64.

The poor (EV) value in the previous tests that was made over months doesn't guarantee that important profits could be made by trading over the same period of time, as if Forex Earth Robot would start to trade against any unusual trading circumstances​, additional losses may quickly result.

Forex Earth Robot Info Summary

Version Used: 1
Pairs: EUR/USD, GBP/USD
Timeframe: M5

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Rating: 4.48/5 (259 vote(s) cast)

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Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.