In this post I will be reviewing the Rocket EA for the MetaTrader 4 trading platform. The Rocket EA is an expert advisor (forex robot) that will automatically enter, manage and exit trades for you. Also, as I always try to reiterate, I would make sure that I am using an ECN regulated broker for the best possible trading conditions.
Rocket EA Trading Strategy
Rocket is a fully automated trading strategy. It is a martingale based system so will increase lots to recover form losses which is very dangerous. The Rocket EA will usually trade at least once per day, and depending on market conditions, it may trade multiple times. It trades on the 5 minute charts and aims to capitalize on swing movements that are established during the Asian trading session. These swings are being traded in both buy and sell directions. Eventual larger swings are traded with a basket of trades.
Rocket EA Back Testing
There are no back tests on the Rocket EA official website.
Rocket EA Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Rocket EA Summary
Overall, I would personally avoid using this particular forex robot. I find that it is too risky for my personal taste. I have conducted many forex robot reviews and there are alternative options that I would prefer over this EA. It does however come with instructions, full support and a money back guarantee.