The “brutal” Odin Forex Robot was designed by a Forex Robot Trader company. We know them for a long time, and they always act scammy. The Odin presentation is not an exclusion. It has no useful information that should help us to figure out if the system fits our expectations.
The presentation starts with how much the system “gained.” These numbers are scams, and they are not proved.
Detailed Forex Robot Review
The Odin robot has features, settings, and strategy explanations:
- The Odin robot works automatically for us.
- The system is based on the Grid strategy.
- Most likely, there’s a trend trading that’s enhanced with a Grid strategy.
- The owner doesn’t tell us about this.
- The system has a broker protection feature to cover Stop Loss and Take Profit of each deal from eating by a broker.
- It includes High Spreads and High Slippage protection features.
- The developer mentioned that Odin is a number-one-choice of professionals in 2021. It’s a manipulation.
- We can customize any settings we want.
- The system trades more than 20 currency pairs. The vendor didn’t tell us which ones.
- The setting up process will take several minutes and zero effort.
- We’ll receive the robot with a user guide.
- We can use it on any account size and on 4 and 5-digit brokers.
We’ve got “Helpful Stats” that are not quite helpful. We don’t know how they formed these charts. There’s no data that we can check to ensure these statements are true.
The vendor hides behind the site and we know nothing about the developers behind the Forex Robot Trader systems.
Odin Forex Robot Strategy Tests
The developers provide no relevant backtest reports that could be analyzed. It’s important to know how well the EA handled past tick data.
Real Account Trading Results
These screenshots are everything we have about how the robot works on the chart. First, there is little data shown as for the well-designed robot. We also noticed that the robot has an “Analyzing” status on these screenshots, not trading. It means all these lines and profits were photoshopped over them.
The presentation has several links on “trading results.” So, we have a $17,1M account. Of course, it’s a lie. The total net profit is $114.7k. The Profit Factor is 25.29. The maximum drawdown is less than 0.01% ($420). The robot traded 1023 deals with 93% of the win-rate for Shorts and 95% for Longs. An average win-streak is nineteen deals.
The Odin robot costs $129 with a 35% discount. The original price was $199. We know almost nothing about the package features. Most likely, there should be support and updates.
There’s a block of faceless user reviews. Probably, there are fake ones.
There’s a page of Forex Robot Trader on Forex Peace Army with 269 reviews and a 2.241 rate based on them.
There’s an endless wall of negative reviews from customers who use them to make profits. People noticed that no one could repeat these trades that are consistently published on the site.
Odin is scam software. It’s not surprised us at all because Forex Robot Trader scams people for over fourteen years.
We’re surprised that there are many investors who don’t read testimonials on the web and who are hooked by a cheap offer.
Clients tried Odin on the real accounts of over fifteen brokers and couldn’t manage to get the results like the developers posted on its site. So, just avoid it for your best.