Solid robot that performs well over the long term.
10/19/2010
- Pros:
- User-friendly
- Cons:
- None
- Bottom Line:
- Yes, I would recommend this to a friend
- Quote:
- I've been using it on a VPS server for almost the past year. The server signal part put me off at first when purchasing it. So far though, it's been extremely reliable, and their customer support has been excellent.
It's very customizable, despite the initial appearance. Settings of RISK_LEVEL=10 and UserStopLoss=60 (max10percent equity loss or 60 pip loss) have netted me an almost 45% gain (2500+ pips) on the year. Occasionally I would adjust the Lots variable, but now I just leave it.
It's not as spectacular as some of the other 500% per year robots, but I know I can always adjust my conservative settings towards a higher risk. However, I like the consistency and low drawdown with the above settings.
As a final thought, this robot works exceptionally well with trade rebates, as in I have made an extra almost 30% on top of my trading profit
