In this post I will be reviewing the Forex Pulse Detector forex robot. This is from the same developer who brought you the Forex Trend Hunter and Dynamic Pro Scalper forex robot that I have also reviewed. Clearly they have experience in coding systems and ideas that they implement into their forex robots that are backed up with back tests over a long term period of time and more importantly with live verified results published through MyFxBook. At the time of writing this review, the real account tests are up between 50-70%+ in just a couple of months trading. It would be interesting to see how they are doing at the time your reading this review. Let’s see what Forex Pulse Detector has to offer.
Forex Pulse Detector Trading Strategy
The idea behind Forex Pulse Detector is that it will take advantage of market impulse – the hint was in the name! It combines multiple indicators that look for opportunities for price to start forming a reversal. Currently it performs best on the GBPUSD and EURGBP currency pairs although the developers state that they are working on adapting it to others. In saying that, 2 currency pairs is adequate enough as this forex robot has enough quantity and quality of trades so there is no need to over trade by using untested pairs. The fact it trades the m15 time frame confirms it is a very active automated trading system without generating lots of false signals as some systems do on the lower time frames.
Forex Pulse Detector Back Testing
The website has published some back tests showing good results over a 5 year testing period with decent gains, low drawdowns and high profit factors. However, the modelling quality is 90% which means that back testing did not use tick data or real spreads. We need to take that into account and perhaps only consider the live results when looking at this robots performance.
Forex Pulse Detector Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Forex Pulse Detector Summary
Forex Pulse Detector is a fully automated forex trading system for the MetaTrader 4 trading platform, which you can setup quickly and leave it to run. As with all forex robots that need to be running 24/5 you may need to purchase a virtual private server (VPS) to run MetaTrader on if it is not possible to always have your computer/laptop running. Unless of course the robot that you are using only trades at specific hours then you can just have your computer/laptop on during that time but keep in mind that it may manage open trades outside these hours. Forex Pulse Detector comes with dedicated support, free updates, a 60 day money back guarantee and licenses for your demo and your live trading accounts. You can request for these licenses to be changed to other account numbers should you wish to do so. Check out the Forex Pulse Detector website for more information.