Forex Robot Reviews

Forex Wealth Robot EA Review (Test Results)

Review of the Forex Wealth Robot EA

EA Name Currency Pairs Timeframe Strategy ECN 4&5 Digits Take Profit Stop Loss Home Page
Forex Wealth Robot
EURUSD H1 Long indicator based trades controlled by static TP/SL No Automatic 500 500 Forex Wealth Robot

Performance (Forex Wealth Robot Test Results)

License

Forex Wealth Robot can be purchased through clickbank for $77 and will work on unlimited accounts/computers. It requires no activation.

Strategy

Forex Wealth Robot uses a static TP/SL with a trailing stop and uses Parabolic SAR, ADX, RSI and Momentum indicators to determine it’s entry points. With a 500 stoploss and takeprofit, this could be an EA that leaves trades open for very long periods of time. On top of that it rarely opens trades, I am talking about 2-3 trades per month rare!

Recommended Brokers

FX Open is a great broker for running forex robots with it’s tight spreads and great execution time.

Conclusion

Forex Wealth Robot has a typical long and ugly sales page with with ridiculous claims showing only backtests. This is 99.9% of the time bad news. I don’t expect much from this one, I can’t believe I am even reviewing/testing it. But I’ve seen worse packages perform well so I will keep my mouth shout for now.

Safe To Buy?

YES!

Forex Wealth Robot has been approved for purchase ONLY because of it’s 60 day no questions asked refund policy through Clickbank.

Overall Rating

VN:F [1.9.22_1171]
Rating: 5.5/10 (2 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)
Forex Wealth Robot EA Review (Test Results), 5.5 out of 10 based on 2 ratings
7 Comments
  • Matthew - Posts: 10+
    September 18, 2013
    Reply #1

    Obviously does not trade often enough to give any feedback… even after two years! I am guessing either now it has hardly done any trades, or else Russell has given up.

  • Juan - Posts: 15+
    July 29, 2010
    Reply #2

    20 trades for 86 days runing… very low activity. Somebody knows why this EA does not continue working??
    Few operations, but all positives and low price product.

    • mrforex - Posts: 1
      March 17, 2011
      Reply #3

      hw is the ea performing i am planning to buy them no feed backs

    • mrforex - Posts: 1
      March 29, 2011
      Reply #4

      HW IS THE EA PERFORMING

  • deji adekunle-obembe - Posts: 1
    July 7, 2010
    Reply #5

    how can it be purchased?

  • Russell Critchley - Posts: 1
    May 4, 2010
    Reply #6

    Purchased Forex Wealth Robot Sunday, 2.05.2010 (New Zealand) Tuesday 4 .05.2010 and waiting for the first trade on demo account.

    • mrforex - Posts: 1
      March 17, 2011
      Reply #7

      hw is forex wealth performing please give me a feed back

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