In this post I will be reviewing the Nagachika Expert Advisor for the free to download MetaTrader 4 trading platform. The Nagachika Expert Advisor has so far made almost 300% in returns with a maximal drawdown of 10%. The win rate is impressive at around 70% with a profit factor north of 3 and results for around half a year worth of trading. It is safe to say these are impressive statistics and I would recommend that you check the current results at the time you are reading my Nagachika Expert Advisor review to see how things are progressing now. If results are still going great then it may just be the ideal opportunity to get a proven forex robot! It is suitable for beginner and advanced forex traders.
Nagachika Expert Advisor Trading Strategy
The Nagachika Expert Advisor trades on the EURUSD, AUDUSD & USDCHF currency pairs and the 1 hour time frame. This is a good selection of major currency pairs which will give low spreads and plenty of liquidity for fast trade execution. The Nagachika Expert Advisor implements the Ichimoku technical indicator for trade analysis which helps to detect the market direction and therefore allow the Nagachika Expert Advisor to enter with the trend. Of course, the exact science behind entry and exit criteria is secret as the developer does not want to give it away. What is important is that we can see so far it works! There is no dangerous money management techniques implemented, such as hedging, martingale or grids and there is an option averaging in option which is not required but can be used should you wish to experiment. Otherwise, the Nagachika Expert Advisor is ready to use straight out of the box.
Nagachika Expert Advisor Back Testing
There are no Nagachika Expert Advisor back tests available at this time but really we do not need them when we have the real live verified statistics to follow which at the time of me writing this review are very impressive.
Nagachika Expert Advisor Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Nagachika Expert Advisor Summary
Overall, the Nagachika Expert Advisor is a really interesting forex robot and I am vry intrigued by the Ichimoku concept that it uses. The real results are very impressive and it seems very stable and consistent. I would certainly recommend the Nagachika Expert Advisor at this time and you have peace of mind with the money back guarantee. It also comes with full support, free updates and detailed instructions for a fast and easy setup. Free setup via team viewer is also offered.