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In simple words, Like the GPS navigator in the car the robot is trying to predict the short term movement with a very high probability. This simple trick makes the robot really undefeatable on both backtest and live trading. The best part is - the system does not involve any tricks like martingale, grid or no-stoploss trading that can easily blow your account.
It uses an absolutely new approach, and moreover, our expert is unique to the forex market. You will not find anything similar on the internet. It, as a rule, will give us the long position so that a profit is made fast enough in regards to the specific parameters, which the GPS Forex Robot uses. However, if the price chart is under the influence of certain factors and drops sharply down, then you have to change your course of action and go to market with a short position.
In this case, the likelihood of gaining a profit will be very high, despite the instability. This is a result of a strong downward trend forming from this type of price behavior. The package comes with the software, the trading manual and a single license for live trading. There is a 60 day money-back guarantee that is offered through the ClickBetter payment processor. The software takes a slow and steady approach and over the past 8 years the system has only racked up trades, most of these trades came in and since this year they have been less and less.
In there have been only 19 trades, which means the system is trading only times per month. I have done some extra research on Mark Larsen and the original GPS Forex robot and like any other system on the market there are positive and negative reviews. There was one review by a man who claims himself to be the lazy trader that went into great detail about the GPS software and he tells us that he believes Mark Larsen is a scammer.
I am not sure about the viability of his claims so I cannot comment on this further. Though, there are some scam affiliate marketers really pushing this software which does make me worry a bit. I hope my review helped you get a better understanding about the software and that you come back to Forex robot nation soon to learn more about what we have to offer.
Please leave your comments below and let me know what you think. GPS Forex Robot is a long-term trading expert advisor with a large base of affiliates promoting it. Hi Mohsen, to see this you will want to look at the Myfxbook and then scroll down to the monthly statistics. I hope they speak up and let us know what is going on!! Reverse trrade is horrible.
Blew up my account when eurusd opened a sell reverse trade and it goes against the trade. It does not work properly and you will lose all of your money. I tried it out and had them log in and set it properly so that I knew it was setup correctly. DO NOT waste your money!!! I have not had any issues like this myself with the robot. I recommend checking for errors in your journals or experts tabs, doing a deeper dive. How often does yours make trades and which time frames? It has never opened the 3 other pairs.
You need a large account to make a decent profit. Thanks for updating your review. It uses martingale 7 times initial lot size to do a stop and reverse trade after closing losing trade. The fake performance results are achieved by them skipping the trades where it will lead to these blown situations. Yes, you certainly can. Your email address will not be published.
This site uses Akismet to reduce spam. Learn how your comment data is processed. Summary GPS Forex Robot is a long-term trading expert advisor with a large base of affiliates promoting it. Overall 3. Comments Rating 2. Pros Myfxbook results Long-term software Known developer. Cons Limited strategy insight Some poor feedback.