Robinhood FX EA is a trading solution for working on Forex with it. The advisor works on an CNH account and this is memorable. Several robots became scammers in the past. They could belong to this developer. The devs claimed that it’s “One of the most profitable Forex robots.” In this Robinhood FX EA review, we will check the efficacy and reliability of this trading tool to help you decide whether it is a good deal for its price.
Detailed Robinhood FX EA review
The robot has a below average presentation. There’s a few details on plainest about how the system functions.
- We can expect that the robot will be working automatically for us.
- There’s a money-management system applied.
- The system doesn’t use Martingale strategy to work on the market.
- It cuts drawdowns to keep our account safe.
- “The real trading systems don’t have such a nice equity curve. They have their drawdown and stagnation.”
- We should start trading with this robot on a demo account.
- The devs promise stable and sound monthly profits.
- We have “Real Proper Capital Management and Specific and carefully calculated Trade Entries and exits.”
- We should expect that the system calculates lot sizes for us automatically.
- There’s a broker spy module added to protect our orders from a broker.
- It looks for the best market conditions.
- All orders are protected by SL levels.
- It can be set to the next accounts: ECN, STP, Micro, or Cent accounts.
- The magic numbers inform us that orders were opened by the robot.
- Trading is allowed on EURUSD.
- The only time frame to work is H1.
- We have to have over $200 on the balance.
- We can start trading without previous experience.
Robinhood FX EA strategy tests
The presentation doesn’t have verified backtest reports. It’s a huge con because we have no idea of what was going on during testing the system. We don’t know from what broker the tick data was used.
Robinhood FX EA trading results
We’ve got a widget from the FXBlue site where we can find verified trading results. The system runs a low-deposited CNH account on an unmentioned broker. The balance includes $1,035. We have no deals floating on the market. The closed profit is $282.72.
It has gained over 97% of the total return. An average monthly gain is 23.5%. The accuracy rate has decreased a bit from 81.9% to 79.5%. The profit factor has fallen three times from 6.89 to 2.36. An average trade frequency is 0.9 deals a day. The advisor has traded 588 pips.
The RIO is 1.92. The risk of ruin has doubled to 5.8%. An average trade length is 46.7 hours. The average result is $3.37. An average win is $7.44 when an average loss is -$12.26.
The system trades almost only the Buy direction (77 orders) over the Sell direction (7 orders).
Monday with 10 orders keeps being the least traded day.
It focuses on opening orders during the European trading session.
The system opens less orders in October than in September 2021.
We may note how dangerous a Grid of orders is when a deal gets lost.
There are three packages available on the site. The basic pack costs $127 when the regular pack costs $147, and the business pack costs $167. From the first to the last, the number of real account licenses increased from one to three. There’s no rental options or money-back guarantee features provided. There’s 24/5 support available.
The system has a page on Forex Peace Army created. We have only one testimonial published.
This post looks like a scam or fake. We can’t be sure that this comment is connected in any way with the robot.
Robinhood FX EA is a system that works with a single pair, using an unnamed strategy that looks like a Grid of orders. So, the system can’t be safe for our account. The developers don’t share backtest reports with us. We have no refund policy provided if something goes wrong.
Leave a Reply