Directional Forex Robot seeks to profit from large trends. Its inner workings are based on the following premise; the bigger, the better. The devs assert that large movements of pips have helped the robot to record a solid performance within a decade. So, it will trade big and reliable trends on your charts.
This robot is a product of Forex Robot Trader, a company founded by Don Steinitz, an ex-gambler. FRT has been around for nearly two decades now. Falcor, Odin, Hedge, Waverunner, and Reaper are just a few examples of the systems the team has created to date.
Features
The robot has several features, which we have outlined below:
- It works with 4 or 5 broker digit pricing automatically.
- It comes with all custom indicators and templates.
- All text, color objects, as well as robot inputs (e.g., “applied price types” and “moving average modes”) are customizable.
- It supports all Forex currencies and can work on any timeframe.
- It is compatible with the MT4 charting software.
- The robot has an inbuilt automatic money management system.
- It includes optional trailing stop loss capabilities.
- You can close any trade manually without interfering with the robot’s capabilities.
How to start trading with Directional Forex Robot
Directional works with the trend. It usually looks for trends that have developed on multiple time frames and then makes trading decisions. So, the EA will initiate trades in the direction of underlying trend(s) and remain there until the trend begins to reverse.
The robot is sold at a 75% discount following the vendor’s decision to drop its price from $199 to $49. A refund policy is unavailable.
Backtests
The devs do not present the backtest results of this robot. We cannot emphasize the importance of this data enough. By running their EA through the charts, the devs are able to identify market fractals and patterns and know how they affect its trading strategy. This way, they can adjust it to work better in the real market.
Unverified trading results of Directional Forex Robot
You can see below that the vendor has not supplied the public with verified live records. Instead, we have monthly statements telling us that the EA makes large profits for the user on a monthly basis. In fact, it was able to make $50,118 worth of profits in November, 2021, the highest income made so far in the last 6 trading months. The losses incurred by the system are not indicated.
Customer reviews
There are no customer reviews for the EA anywhere on the web, including on reputable sites like FPA, Trustpilot, Quora, and Myfxbook.
Is Directional Forex Robot a viable option?
Advantages
- Low-cost
- Support for all currency pairs and all timeframes
- Adjustable features
Disadvantages
- Unverified trading results are presented
- No backtest results
- Lack of customer feedback
Wrapping up
Directional Forex Robot is a customizable EA with low investment costs. However, it doesn’t have backtest results or verified live data that can help users know how it really performs in the market. Since customers have not reviewed the product yet, you may not know what to expect if you decide to use it.
