In this post I will be reviewing the Delton Pro Forex Robot. Delton Pro is a fully automated trading system for MetaTrader 4. I would certainly prefer using an ECN forex broker for competitive spreads and plenty of liquidity with reliable execution and minimal slippage. It can be used for beginner, intermediate and advanced forex traders – as with any forex robot there is no manual trading involved. It is a completely set and forget automated trading system. The Delton Pro support team will even set it up on MetaTrader for you through team viewer which is a free to use screen share application.
Delton Pro Trading Strategy
What I really like about Delton Pro and what makes it unique to some other forex robots is that it uses a strategy based on market psychology, price action, candlestick patterns and Fibonacci levels. This is advantageous as the strategy tries to read what the market is doing in real time rather than relying on lagging indicators that can only show what has happened in the past.
It also does not incorporate any risky martingale, grid or hedging money management styles. There is no arbitrage or scalping involved. It has a time filter to ensure it only trades during certain times and also a money management feature.
Delton Pro Back Testing
There are back tests published on the Delton Pro website. I do not recommend drawing complete conclusions on the quality of a forex robot based on back testing alone.
It would have been useful for potential users to see 99% modelling quality back tests using Birts TDS in the MT4 strategy tester. For the upmost accuracy, back tests can be conducted using real tick data, variable spreads and including commission, swaps and slippage.
Delton Pro Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Delton Pro Summary
Delton Pro is a fully automated trading system with a core strategy built around foundations of price action analysis which helps it react to the current market behaviour. It is NFA/FIFO compatible so suitable for US brokers and includes free lifetime updates, dedicated support, instruction manual, free installation, unlimited demo account licenses, one live account license and a no questions asked money back guarantee.