FX-Bit is a new Forex robot that looks to be providing us with a sophisticated martingale strategy. The software trades on 8 different currency pairs and uses market analysis to ensure that I can be traded on all pairs.
Today I’ll be providing a review and try to find it in depth analysis so that we have the power to make the right decision.
The FX-Bit developers are straight to the point. If provide us with my FX book accounts, back tests and just a couple sentences about the system in general. They tell us that they have chose the eight pairs with the low spread and meet updates to the system to provide accurate draw down control. They feel the best way to do this is trade diversification on several currency pairs and they’ve used this to ensure that the reliability and profit are increased.
The FX-Bit system provides 9-12 years on back tests and the developers of this new robot believe that this exemplifies the reliability of their software is all market conditions even in crisis or emergency News-Times. It is nice to see a system like this that is very straightforward and just gives us the goods but I’m not 100% sure that I’m ready to take the plunge. In looking at some of the results I can tell that this is some sort of martingale strategy and I also read online that one of the my FX book accounts is frozen and this is seem to be working properly anymore. This worries me because it could’ve crashed like most martingale systems do.
At nearly $300 I’m not going to recommend FX-Bit immediately but I am calling on some of the Forex robot nation community members to let me know if they are opinions. If you have used this software I would like to know if it is performing well for you and if you would recommend it to the readers of this website. I went to see if I can get a copy of this software and start doing some testing on my own, please let me know if you have any questions or concerns and I’ll gladly respond to your emails or comments.