Today, we’re going to tell you about another robot that’s called Forex Gump. The robot, as well as, the presentation are quite new. They’re in live for just two years. So, let’s take a look at the two-page presentation.
About Forex Gump robot
The robot trades every day and how devs said it’s a very profitable EA. Forex Gump has got trendy a candle and news filter to avoid news ups and downs. The money-management system includes the take profit feature that allows providing unique settings for every deal the robot starts.
The robot can be run on three different packages of settings: Low, Middle, High ones. They provide kind of the stop-loss system that doesn’t allow you to lose more money than you’re ready to risk.
The robot runs on the M1 timeframe and supports the next currency pairs: USDJPY, EURUSD, GBPUSD, AUDUSD, EURCHF, EURGBP, EURJPY, USDCAD, and USDCHF.
Forex Gump Robot Trading Results
The robot runs on the reak USD account verified by fx blue.
As we can see from the chart, the robot started trading at the end of July 2018. During the period the account has been funded several times: the funded deposit grew from $2100 to $4600, $9600, $19600. It proves to us that the devs entrusted more and more funds for the robot to work with.
During the period Forex Gump managed to get $17321 of the profit. The profit chart shows us how smoothly and predictable the robot is in everyday trading duties.
The last half of a year has been with profit factor over 2 and equals 2.2-2.3 that’s high enough.
If we don’t talk about the first month we can notice that the average monthly return is about 5-8%, not more, but it’s still a good result for sure. The robot hasn’t lost any months during the period.
The win-rate is so predictable and stays at the point of 75%. The average trade length is a little bit more than 3 days. The average amount of every day performed trades is 14. The robot is live during 528 days checked 3 of January 2020.
The trade duration so varies, it means that the take profit feature works very well.
“Pips traded” varies too but usually is between 3000-5000 in a month.
There are no preferable currency pair, the robot truly looks for opportunity across all these currency pairs.
Two of the most tradable currency pairs are EUR/JPY and GBP/USD.
It’s extremely rare to see that buy and sell directions have got the same win-rate.
How much does it cost?
The robot costs little comparing to the results that it shows. The €200 version includes 1 live account, the €400 one includes 3 live accounts. As well, there provided the 30-day money-back guarantee.
The devs suggest us to start trading for a different amount of funds from $4000 to $40 (cents) account with the recommended leverage equals 1:100 or higher.
Final thoughts
Forex Gump looks at least not bad to take a look at it like on the robot you’d like to try. The results are good, the price is quite low. The devs provide not only a demo account to try it out but also the money-back guarantee.
