In this post I will be reviewing the oddly named Frarelin Forex Robot. It took me a while to get around to spelling this one correctly! As with most forex robots, the Frarelin Forex Robot is developed to run in the free to download MetaTrader 4 trading platform. It is suitable for any level of forex trader as it is a fully automated trading strategy that is you simply set & forget, allowing it to handle all of the trade entries, management and exits on your behalf.
Frarelin Forex Robot Trading Strategy
The Frarelin Forex Robot trades on 2 of the most major currency pairs in the EURUSD & GBPUSD. What is great about trading these currency pairs is that they have some of the lowest spreads and plenty of liquidity. I would be using a true ECN forex broker for the ideal trading conditions.
Frarelin Forex Robot Back Testing
There are no back testing results on the Frarelin Forex Robot official website. You can back test to your heart’s content, provided you are familiar with back testing using the MetaTrader 4 strategy tester. I would also recommend that if you are indeed back testing, use Birts Tick Data Suite (TDS) for the most accurate back test results possible.
Frarelin 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.
Frarelin Forex Robot Summary
Overall, there are better options than this EA in my opinion, please see my forex robot reviews for alternatives. It does come with detailed instructions, full support, licenses, free updates and a money back guarantee.