In this post I will be reviewing the Price Action Robot. Published real verified by FX Blue results are currently showing amazing 140% gain (more than doubled the account) in just a few months of live trading. This is not on a demo account which makes it even more impressive and proves that this is one of the top forex robots just as the developer claims on the website. It makes on average 25% profit per month with a win rate very high at around 70%. The draw down is very low showing that you can make fully automated forex trading profits with the Price Action Robot without needing to take unnecessarily high risks. Profit factor is around 1.50 and trade frequency decent at around 15 trades per day. Importantly, the average winning trade is not far off the average losing trade which means that you will not see all your profits wiped out by a few consecutive losing trades. This forex robot has been released in 2016 and certainly is worth checking out.
Price Action Robot Trading Strategy
The Price Action Robot trading strategy has been developed by a forex trader with over 10 years trading experience so they know what they are doing when it comes to trading systems and this strategy is no exception. It is as innovative as the developer claims and reliable mainly due to the fact that it incorporates price action in finding entry and exit points in the market. This ensures that it reacts to the current market conditions rather than relying solely on lagging indicators that give delayed entries and false signals. The coding logic is based around sophisticated neural programming algorithms which allow it to interpret and analyse the past and current price action data in real time to accurately predict future market movements – which it does with great consistency. This is known as NAMA or Neural Adaptive Market Analysis. This is fancy wording but what it does deserve such an elaborate name! NAMA is smart and can learn the markets thus adapting to any market situation which other systems are not flexible enough to do. It can trade multiple currencies with the same accuracy showing that the strategy implemented by the Price Action Robot is reliable and not optimized for individual currency pairs as it is not required to be so. There is a built in volume tracker which finds profitable trading opportunities depending on the market volume. It also has built in money management features to ensure that the risk to reward ratio is acceptable and draw down is controlled. Risk can be automatically made higher when there is a very high probability trade and automatically made lower when the trade would be considered more risky.
Price Action Robot Back Testing
There are no back testing results from the MetaTrader 4 strategy tester on the Price Action Robot but to be honest, they are not really required when we have the excellent real verified live results to refer to. This is more than enough to give us a fair analysis of the current performance – which at the time of writing this review is fantastic.
Price Action Robot Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Price Action Robot Summary
Overall, the Price Action Robot is a very unique and very reliable forex robot that can consistently make profitable trades with a high win rate and low risk. It has a variety of innovative features included and is not dependent on specific market conditions thus making it flexible to use any time and on any currency pair. The Price Action Robot is one of the only forex robots I have come across that effectively uses a Neural Adaptive Market Analysis and Volume Tracking. This combined with price action and an adaptive money management system makes it something special indeed. It is very easy to install and you can be setup in around 5 minutes with the Price Action Forex Robot running on your MetaTrader 4 account. It comes with an easy to follow instruction manual, full support and a 60 day money back guarantee. There are a few different pricing packages to choose from, including EURUSD only or all pairs. There is also a choice of licenses depending on how many you require. I would say that the EURUSD pair is one of the best to trade in terms of trading costs due to the low spreads and plenty of liquidity. Of course, you should be using a true ECN broker for the best spreads and execution. Make sure that you head on over to the official Price Action Robot website for more information, to see the latest results and most importantly to get your copy of this brilliant forex robot.