GPS Forex Robot 3 Review

GPS Forex Robot 3 Review

◙ Robot Name: GPS Robot 3

◙ Robot Platform: MetaTrader4 | MetaTrader5

◙ Robot Type: Forex Scalper

◙ Price: €149

Introduction to the GPS Forex Robot 3

The GPS Forex Robot 3 is designed to operate as a Forex scalper, typically targeting profits of 5 to 30 pips. This new version 3 is significantly faster than version 1. The robot costs a one-time fee of 149 Euros. It was developed by Mark Larsen.

The GPS Forex Robot 3 Main Features

The GPS Forex Robot 3 offers an adaptable trading environment with a variety of configurable parameters, aiming to suit different trading styles. Additionally, the robot can automatically identify optimal settings based on current market conditions.

◘ Scalping Forex robot
◘ Focused on the Asian session
◘ Trades EUR/USD as well as EUR/GBP, GBP/USD, USD/CHF, and others
◘ Includes a trailing take-profit feature
◘ Features a reverse strategy that opens trades in the opposite direction to offset occasional losses
◘ Adapts to current market conditions

Fully Customized Expert Advisor

Customization is a key advantage of trading with the GPS Robot. The Expert Advisor can be fully tailored to fit any trading style, including intraday, swing, and long-term trading. While the robot is flexible enough for various styles, its primary focus remains on short-term trading, particularly with respect to risk management.

Back-testing results for the GPS Forex Robot are very strong, showing favorable win-to-loss ratios and low drawdown percentages based on six years of historical data.

GPS Forex Robot 3 Review Conclusion

The GPS Forex Robot 3 is a scalping robot that trades a wide range of currencies, mainly during the Asian session. We suggest this robot performs best in clear trending markets because it allows considerable stop-loss space while maintaining a relatively tight profit/loss ratio. The robot is versatile, adaptable to different trading styles, and can be used across multiple time frames.

 GPS Forex Robot 3 Review

ForexAutomatic.com

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