Forex Fast Profit Robot Review

forex fast profitAbout the Forex Fast Profit EA

The producers of this Forex robot claim that it can generate constant streams of profit with minimum risks. Specifically, the design of this product was constructed on a well-tested and proven grid trading strategy using a low-risk technical indicator. In additional, the Forex Fast Profit Robot (FFPR) is promoted as being able to trade all Forex market conditions proficiently by detecting quality trading opportunities exhibiting maximum profit potential.

The grid strategy which forms the foundation of the software design is said to have been extensively tested over a period of seven years. During that time, this tool generated consistent verifiable profits for its users. After confirming the validity of the basic components of the FFPR, it is now endorsed as a trend following tool possessing a high profit capability.

This robot executes new trades only in the direction of the prevalent trend by exploiting the greater reliability of the higher time-frames. In addition, the software incorporates code designed specifically to exploit the benefits of popular technical indicators as well as key price patterns, such as retracements and breakouts, etc. The primary features of the Forex Fast Profit Robot are as follows:

–      Fully 100% automated requiring no human intervention whatsoever

–      Capable of optimizing its key operational parameters to comply with ever-changing market conditions

–      Simple to install and operate

–      Supports a lifetime of free upgrades and enhancements

–      Supplied with a comprehensive user’s manual and an operational guide

–      Subscribers have access to a private members only area

–      This product is supported by a 30 day guarantee in case of customer dissatisfaction

–      Enables you to trade the Forex market automatically with zero emotional input

So, does the Forex Shocker overall performance conform to all these daring marketing claims or is it over-hyped? The following test results and succeeding analysis are introduced to supply objective responses to these applicable issues.

Performance Tests

The results from a sequence of tests, that have recently been performed, are now detailed in the following table. In addition, the average values are displayed in the rightmost column.

 

Test 1

Test 2

Test 3

Average

Total Trades

284

282

292

286

Short Positions (won)

113

111

121

115

Long Positions (won)

169

167

177

171

Profit Trades

184

182

192

186

Loss trades

98

96

106

100

Largest Profit

$2,539

$2,537

$2,547

$2541

Largest Loss

$337

$335

$345

$339

Average Profit

$79

$80

$81

$80

Average Loss

$66

$64

$74

$68

Maximum Consecutive Wins

15

13

23

17

Maximum Consecutive Losses

8

6

16

10

Average Consecutive Wins

3

1

11

5

Average Consecutive Loss

3

2

4

3

 

Key Parameters

You now need a process to help you in judging whether or not the Forex Fast Profit Robot is a rewarding purchase. For instance, will it make you money?  You can achieve this objective by determining its win-to-loss ratio, reward-to-risk ratio and expectancy value. These key performance parameters are now calculated for this expert advisor using the average values listed in the above table.

1.       Win-to-loss ratio = 65%

2.       Reward-to-Risk ratio = 1.18

3.       Expectancy Value = $28.20

These results imply that you could acquire a return of $28.20 for each dollar waged by trading the Forex Fast Profit Robot over the long haul.

User Comments

A thorough internet investigation did not disclose any adverse comments or reviews about the Forex Fast Profit Robot. Nevertheless, some concerns have been expressed about the high risk nature of this product because its design depends upon Grid and Martingale strategies. However, no serious mishaps have been reported about the usage of these techniques to date.

Verdict

This Forex software tool registered noteworthy performance parameters, as exemplified by a solid win-to-loss ratio. The reward-to-risk ratio posted was greater than unity, which again is quite a good outcome.  Consequently, a promising expectancy value of $28.20 was logged. The Forex Fast Profit Robot undoubtedly demands more of your time as a direct consequence of these inspiring results. You can achieve this objective simply by following our advised course of action.

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