• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Forex Trend Hunter Review

November 3, 2021 by Forex Winner Leave a Comment

Forex Trend Hunter

Forex Trend Hunter is present on a custom website where the developer sells the system for $55. Traders can use the robot on their accounts with a starting balance of $500. The algorithm is fully automated and comes with lifetime updates. To understand how the EA performs on a live account and to make the right purchasing decision, we will go through all the crucial points of the robot. 

Detailed forex robot review

The robot is available on a custom webpage that details all the information. There are multiple headings and FAQs sections to cover all the questions about the EA. The developer tries to convince customers by presenting features, live, and backtesting results. 

Best Forex Robots ›

Compare leading trading systems on the market

Vendor transparency

The developer of the product is unknown. There is no information on the topic. On the website, they only state that they have a trading experience of 12 years in the market. No portfolio is provided to confirm their statement.

Features

The robot has the following set of features:

  • It provides backtesting and live results.
  • There is high slippage protection enabled.
  • The robot can turn off trading when the spread is high.
  • The broker protection system protects from unfair exchanges.

How does it work?

The robot works by following the steps mentioned below:

  1. Purchase the product from the website and provide the developer with your account number.
  2. Download and place the EA in the experts’ folder.
  3. Attach it to the charts to start trading.

Forex Trend Hunter strategy tests

Forex Trend Hunter works on  EURUSD, EURJPY, GBPJPY, USDCAD, and USDJPY. It uses a trend-following approach with an advanced recovery system. From the history on Myfxbook, we know that the robot uses martingale strategy. The developer is not transparent about this on their website, which raises many questions about their credibility.

Trading history on Myfxbook.

Backtesting results are available for USDJPY auto lot, where the relative drawdown was around 29.59%. The test was done on the 60 minutes chart with a starting balance of $10000. The robot tanked an average profit of $64590.29 during this period. The winning rate was 75.66%, with a profit factor of about 1.68. There were 588 trades in total, and the best trade was $4552.96, while the worst one was -$3612.24.

Backtesting records.

Live account trading results

Real trading results are tracked via Myfxbook, which has been showing performance from April 15, 2020, till the current date. Since then, the robot has had an average monthly gain of 0.55%, with a drawdown of 6.81%. The drawdown value is high, which gives us a risk-reward of 6:1. The winning rate stood at 57%, with a profit factor of 2.06. The best trade was $135.37, while the worst was -$61.88 in a total of 83 trades.

Live results on Myfxbook.

Pricing

The robot can be bought for a one-time price of $55, with a license for 1 live and 2 demo accounts. There is a 60-day money-back guarantee. 

Price of the robot.

Customer reviews

There are a few customer reviews available at Forex Peace Army. One of the users states that the company is providing unlimited demos and is satisfied with the performance. We cannot conclude anything from only two statements. It is necessary that multiple users should test the system to get a general view of the community.

Customer review.
Review Summary

The use of martingale strategy makes the algorithm extremely difficult to use. Traders will have to be cautious with the implementation of such EAs as they can cause liquidation.

Advantages
It comes with live account performance
Disadvantages
The live results are on a demo account
No information on the developer
It uses a martingale strategy
3

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex Robots

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Dogecoin (DOGE) Realized Profits Soar 225% in 24 Hours

May 22, 2025

AML Agency Tells Russians: Crypto Exchanges Send Us Your Data

May 21, 2025

Fresno car dealership owned by former MLB pitcher allowing Bitcoin as form of payment

May 20, 2025

Footer

Forex Broker Reviews

Interactive Brokers

Interactive Brokers Review

November 12, 2019 By Forex Winner

activtrades logo

ActivTrades Review

November 6, 2019 By Forex Winner

nordfx

NordFX Review

November 14, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure