This Forex Winner EA Review will tell you everything you need to know about the robot before you consider buying it.
This robot is just one of the thousands of forex trading robots that are available on the internet today.
Remember that only about 10% of these forex trading robots are legit
This is why you have to make research on any robot that you intend to buy.
Forex Winner expert advisor is a robot that has the ability to handle different economic impacts.
Some of these impacts are NFP (Non-Farm Payroll & Employment Change), PPI(Producer Price Index), CPI(Consumer Price Index), FOMC(Federal Open Market Committee), and so on.
The robot uses a self-updating algorithm that calculates upcoming trends and events.
Also, this robot uses a compound interest formula for capital investments.
It identifies entries and enters them with an auto-calculated risk to reward ratio.
While entering trades, it uses solid stop-losses & take-profits too.
In addition, this robot only records a 15% drawdown on every trade according to the developers.
Furthermore, the minimum amount that a trader requires to use this robot is $100.
Lastly, the signals that the robot uses are always 95% accurate according to the developers.
| Robot Faq | Answers |
|---|---|
| Trust Score | 35% |
| Price | Rent Package ($299), Basic Package($399), Super package($699), and Ultra package($10,000) |
| Refund? | No Money-Back Guarantee |
| Strategy | "Trend is your friend" swing strategy with technical indicators. |
| Currency Pairs | Major Pairs Especially EUR/USD |
| Fully Automated? | Yes |
| Trading Platforms | MT4 |
| Live Account | Yes |
| Historical ROI | 50% Monthly ROI for the Basic Package and 75% Monthly ROI for the Super Package |
| Website | Forex Winner EA Website |
Forex Winner EA Review: Strategy Review.
The robot works with the combination of three successful forex trading strategies.
These three strategies work with a mixture of many important technical indicators to get the best daily indicators.
Furthermore, the robot uses the “Trend is your friend” swing trading strategy and never uses Martingale, Grid, Hedging, and Averaging methods.
With this strategy, the robot identifies entries and enters them with an auto-calculated risk to reward ratio.
Forex Winner EA Review: Live Account.
The robot has a live account proof.
On one of the live account proofs, the robot recorded a drawdown of 23.82%.
This is against the claims that the robot ensures a drawdown of 15% on every trade.
In addition, the robot recorded a huge drawdown of 43.27% on another live account.
In fact, on that same account, it recorded an average loss of -150 pips.
These analyses should ring something to your ears.
Should You Buy The Robot?
Firstly, why do you have to buy a robot that has no money-back guarantee?
This is one of the six things you should consider before buying a robot.
Without a money-back guarantee, a user has no option to return the robot and get his back.
This is almost the same as most Ponzi schemes that have ended up being scams.
Then, another thing you should consider is the pricing of this robot.
The Forex Winner expert advisor has four prices of which only two are vital.
These four prices are:
Rent Package (30 days) – $299.
Basic package (50%) – $399.
Super package – $699.
Ultra Package – $10,000.
The difference is these prices are something you should be wary of.
A good forex expert advisor will give its users the same benefit of trading.
Furthermore, why do you have to buy a robot that records huge drawdowns?
This robot recorded a drawdown of 43.27% on one of its live account trading results.
As a forex trader, you should know that drawdowns increase the vulnerability of losing trades.
Lastly, there is a probability that you might lose all your money on a single trade.
The Forex Winner EA recorded an average loss of -150 pips on a single trade.
Considering the fact that some traders can use higher lots and leverages, losing this amount of pips can mark the end of such traders’ trading journey.
SUMMARY
Forex Winner expert advisor is an expert advisor that has the ability to handle different economic impacts.
It uses a self-updating algorithm that determines upcoming trends and movements.
In addition, it uses a compound interest formula for capital investments.
However, this robot has some shortcomings that every intending buyer should be wary of.
Here are the shortcomings:
Firstly, the robot has no money-back guarantee.
Without a money-back guarantee, a trader can never return a robot to get his money if he is not satisfied with its performance over a period of time.
Also, the robot’s pricing is another shortcoming.
This robot has four prices which are:
Rent Package (30 days) – $299.
Basic package (50%) – $399.
Super package – $699.
Ultra Package – $10,000.
Do you still want to buy the robot after reading to this point?
If I were you, I will keep visiting forex dominant for more reviews and articles like this.
Or I register for an advanced forex class to get a better understanding of the forex market.
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