Armas Bot is a new Forex robot that’s been built to generate massive profit on autopilot with just a few clicks of the mouse. The developers of the system tell us that they’re going to be letting us in on a shocking, closely guarded secret that no Forex guru wants you to know. They tell us that we should disconnect our phone and lock the door.
Today I’ll be reviewing the software and informing the Forex robot nation readers of its viability.
- Price: $125-$299
- Type: Undisclosed
- Results: Live
- Pairs: EURUSD, GBPUSD
- Timeframe: M5
Armas Bot Review
Obviously the Armas Bot sales page approach is a little childish as they tell us to lock the door but I’ll try not to hold that against them in my review. They tell us that the software will profit each month because the system will calculate the exact take profit levels for every trade regardless of complex market conditions. They use a profit trailing function to make sure that traders can profit in longer trades. The robot is built to trade on the EURUSD and GBPUSD pairs on the M5 timeframe. At the time of the review there are 3 different possibilities, one license for $125, 2 licenses for $179 and 4 licenses for $299.
I am happy that the developers of the Armas Bot provide us with a live trading account on my FX book. We can see here that their software started trading at the beginning of November and has continued through the Christmas holidays successfully. There account is currently over 70% positive, keep in mind that I’m only discussing these figures at the time of the review so it will be a good idea to recheck the my FX book account to ensure that it is still profitable. They do not show us open trades which is common practice but we always have to understand that there’s a possibility of a floating drawdown that we don’t see. The trades are quite long, as the front page shows us trades that last anywhere from 20 hours to 6 days. Considering this is on the M5 timeframe, that’s an extremely long time to wait.
At this point in time I would like to hear more from the Forex robot nation community before I provide a final verdict on the Armas Bot. There is very little information online at this juncture any my FX book community discussion doesn’t give us any clarity. There are positive and negative reviews, but nothing substantial enough for us to rely on. If you something you would like to add please leave a comment or question below the article as always. Thanks for coming to Forex robot nation and please click contact at the top of the page if you ever need any help trading.