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The Robotrader
 
Tested Result: good in 2008
The Robotrader
 

Updated: August-2008

Profitable: 6.5/10

Easy To Follow: 7/10

Honest Result: 5/10

Support: Fast support

Bonus Value: 3/10

Results: 2/5

The Good: Good results in 2007-2008

The Bad: Poor results on history

 
 

REVIEW: Obviously these guys decided to clone the ForexAutoPilot business plan. I am not a marketer to judge how good they copied the sales page and graphics ideas but for sure their EA is way worse than FAP.

I would not say that they are scam and the EA is total loser. That is not a case here. Their EA works very fine in 2007-2008. It trades on EURUSD M30 and does not make many trades. Average number of trades is 10-15 per month. I guess they optimized it for 2007-2008 performance but if we dig deeper in time we can see that the system behaves totally unpredictable and the Money-Tree turns into the Dead Tree.. The decision is yours but I would not trust my hard earned money to such a black box with unpredictable resuls.

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Forex Risk Disclosure. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
 
 
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