In this post I will be reviewing the Pastorpro Forex Robot for the MetaTrader 4 free to download trading platform. Despite only running for a few months the Pastorpro Forex Robot is showing returns of over 30% with a win rate greater than 70%. However, I would be cautious considering the drawdown of this particular fully automated forex trading system. Please make sure you check the latest performance to ensure that the draw down has not cancelled out all of the gains as it is too early to say if this would be the case! The Pastorpro Forex Robot is suitbale for forex traders of any level as it is a simple set & forget automated trading strategy.
Pastorpro Forex Robot Trading Strategy
The Pastorpro Forex Robot trades 2 of the most popular currency pair in the EURUSD & GBPUSD. This is advantageous as these pairs have some of the lowest spreads and lots of liquidity for super-fast trade execution at the best possible prices, of course provided you are using a good ECN forex broker with no dealing desk! The average win amount is slightly less than the average loss size however the win rate is great than 70% which makes up for this to some extent. The drawdown however would be my main concern but some traders do not mind this style of trading and would take the extra drawdown for the potential rewards. My advice would be to start out trading small lots on a demo account until you become used to the style of the Pastorpro Forex Robot.
Pastorpro Forex Robot Back Testing
There are no back tests on the Pastorpro Forex Robot website although that is fine due to the fact that we have real live verified trading results to follow.
Pastorpro Forex Robot Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Pastorpro Forex Robot Summary
Overall, I personally feel that it is a bit premature to draw an accurate conclusion on the overall performance of the Pastorpro Forex Robot although it has showed decent potential thus far. The logic behind it seems sound and the statistics are not the worst. The deal decider will be dependent on the results at the time of you reading this review and if it has continued its early gains for a sustained period of time. It does come with full support, updates, licenses and a money back guarantee should you be “eager” to give it a go!