Today I’m reviewing the latest Forex expert advisor by Rita Lasker and her Green Forex Group, Forex Anti Robot. With a name like this, you would think that the developers are against automated trading, but that’s certainly not the case. Rita claims that the reason for this name is because she’s developed a product specifically “to protect your deposit.” Yet, every EA is developed with this framework as the main foundation, so I don’t see the connection.
Owned and operated by the Green Forex Group, run by Rita Lasker, this development team frequently releases new products throughout the year, but they rarely stick, as they are more interested in their next product launch, than they are in sustainability. In doing a WHOIS record search, I’ve found that the domain is registered to the address, 1531 Concord Pike #303 0, Wilmington, DE, US. In order to get in touch with support, traders can email ritalasker@gmail.com.
Contents
Forex Anti Robot Review
If you’ve gone through one of Rita Lasker’s sales pages, it feels like you’ve gone through them all. Much like her other product releases, the Forex Anti Robot sales page is filled with fluff, and copy writing jargon built to try and tug on the right strings in order to make sales. This approach is obviously working for her, because she continues to release products every few months. Yet, that doesn’t mean that it works for me.
In terms of trading logic, Rita claims that the system uses an “exclusive the shotgun safety algorithm.” This strategy calculates the daily range of price fluctuations using the Stochastic and CCI oscilators to determine entry points. She feels that this approach, combined with the opening only one order per currency pair at a time, limits the risk, and gives traders the best opportunity to sustain winning trades.
The software also includes a precise trailing stop, a time sensitive strategy, and on chart visualization, take profit and stoploss. These parameters are very common in the Forex robot marketplace, and should be included in just about every automated trading system available.
Breakdown
- Type: Forex Robot
- Price: $99
- Strategy: Stochastic and CCI
- Timeframe: H1
- Pairs: EURUSD, GBPUSD, USDCAD
As is often the case, the Green Forex Group claims that the Forex Anti Robot is only available at $99 for the first 300 copies. This type of time sensitive offer is a common marketing tactic used by Rita Lasker. She wants traders to make hasty decisions, and sign up with her product before doing their due diligence. Don’t worry about the time constraints, I’ve never seen the price raise even years after the product’s original release.
The original system also comes with 2 bonuses, which includes the Forex smart level indicator, and a Megatimer software that shows the active time sessions for each currency pair on your chart.
Rita Lasker
Rita has been actively releasing it producing Forex trading systems for many years in this marketplace. Her approach is consistent, and she’s released quite a few trading products. Most of which are either indicators or Forex expert advisors. Here are the last few releases that we’ve reviewed at Forex Robot Nation:
Trading Results
The main issue I have with the Forex Anti Robot is the same concern I have with every single product ever released by the Green Forex Group. The trading results portion of these sales pages always leaves me wanting more. Instead of using Myfxbook or FX Blue to verify their trading statements, they just provide us with a single trading statement, with a small sample size, that could be easily modified and manipulated by the vendor.
Even if the trading statement being provided to us is real, it still doesn’t give me any confidence in the product because the sample size is so small. In this case, Rita shows us that the software was profitable from August 13th, 2018, to September 13th, 2018.
Considering it’s now October 3rd, 2018, the results are already a month old, and no longer active. We are looking at such a small trade window, and one that isn’t even transparent at all.
Rita desperately needs to start using free statement sharing services.
Conclusion
While the sales page is flashy, and some of the aspects discussed by the Green Forex Group are impressive, I just can’t recommend a product that is 5 years behind when it comes to their trading results.
If there’s anything you would like to add to the review, please leave your questions and remarks below the article now.
I endorse most of your comments.
Flashy sales page
No real substance
The goals of the EA are little different to that of any other Rita product (or indeed anything else)
The 300 copies is the obvious turn off and one suspects completely untrue whether actual sales ore 30 or 3,000+ The price may well drop when the next new super product is released.
Personally I would appreciate any product that has a demo version – i.e. restricted to a demo account say or number of trades. This would be the best way to show confidence in any developed product.
I’d be the first to buy a product if I’d just doubled my funds in a matter of days / weeks or even a small percentage of the profits