Review of the Forex Secret Robot by Karl Dittman
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Secret Robot | EURUSD | H4 | Trend | Yes | Yes | Dynamic | Dynamic | Forex Secret Robot |
Performance (Forex Secret Robot EA Test Results)
License
Forex Secret Robot is being sold through Plimus for $149.99 with a 30 day money back guarantee.
Strategy
Forex Secret Robot tries to catch short 2-5 day trends. This approach could slowly drain your account in a ranging market where the price is just bouncing up and down hitting a smaller SL than TP. Doesn’t make sense to run it just on one currency pair. Would be smarter to run it on many and ride the profit of the trending pairs.
Recommended Brokers
FX Open and Iam FX are two great brokers for running robots with their tight spreads and great execution time during all hours of the day.
Conclusion
Forex Secret Robot has a very basic sales page covering nothing but the basics. They have no results, and only an image of a very short backtest. I usually don’t waste my time on shady products but what the heck, lets see how it performs.
Safe To Buy?
MAYBE!
Forex Secret Robot has not officially been approved for purchase. While it does have a 30 day money back guarantee with Plimus, I would wait to see how it performs first.
Overall Rating
