MT4 Forex Weekend Gap EA is a new automated trading solution. The developers believe that they have found the most successful strategy in Forex. They claim that the software trades at a 93.3% success rate but this is not backed up by any verified trading results.
Today I’ll be providing a review and letting the Forex Robot Nation community understand whether or not this is a worthwhile investment opportunity or just a quick fix.
MT4 Forex Weekend Gap EA Review
Today I’m looking at a new Forex robot, the MT4 Forex Weekend Gap EA. I got a few emails this week about this system so I thought I would take a closer look. There are quite a few aggressive claims and most are being promoted through a video on their web page. The video really only covers a very short period of time, picking out winning trades and discussing why they were taken. This is a common way to promote Forex systems but it’s not a method that works for me. I appreciate the in depth analysis, but if this is the only results for an automated system, it’s just not enough.
As I’m sure you already know the MT4 Forex Weekend Gap EA is focused on a market behavior these developers refer to as the weekend gap. This gap is when a broker closes trading over a weekend and then opens trading on a Monday evening. There is generally a gap between the closing price Friday evening and opening price on a Monday morning. They feel they can take advantage of this gap but they don’t explain how or why. They explain how a gap works in full detail but not how the EA works in correspondence with this factor.
At this point in time I can’t recommend MT4 Forex Weekend Gap EA. There is just not enough evidence for me to value this as a real investment. Obviously, as I always do, I’ll open up this post as a place for traders to leave their comments. If any of the Forex Robot Nation readers want to vouch for this system then I will consider giving it a shot but I just don’t see why they wouldn’t use myfxbook or MT4live. This is an automated software so there’s really no reason for a lackluster trading history. Thanks for stopping by today, I hope you get some winning trades and that you make the right decision when it comes to Forex products.