Forex Auto Millions is a new Forex robot from an unknown developer.
In this review I take a look at the automated results and more.
The product comes with the Forex robot and instruction manual.
This Forex system costs $99 and is being sold on the Clickbank payment processor.
Tagline: Zero losses and 100% winners just about every single time this automated system opens a trade.
I believe the results for this system in myfxbook are back test results as they are strategy tests.
While it is an impressive back test this isn’t something I like to go on, and thus I will have to do my own testing.
They provide a screen shot of myfxbook and it looks like there is an actual account behind it.
The problem with this type of Forex results is that it really cannot show a true image of the strategy itself and thus does not depict how the Forex product will actually perform. This is our opinion on Forex Auto Millions on behalf of Forex Robot Nation and an adroit ascertainment of the market for Forex products itself.
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You cannot contact them. You have no one to ask how many accounts will be licensed. After you pay, you do not know which way you will receive EA. It seems to them that it is important to just pay. :))
Is it advisable to trade forex robot on Android fines. Can it work effectively as expected.
A computer is required Francis
Did this robot ever forward tested, regardless demo or live?
I don’t believe so Yosh.
Strategy tests on historical data is useless. Curve fitting optimizations is old school. Publisher EA is only acceptable proof running on live acct.
I don’t like backtesting period but especially more so if they are using ridiculous lot sizes. It obviously uses trailing SL and from what you can see, the initial SL is 700 PIPs. Please, test it on forward live demo and let us see the results for just one month.