Vader Forex Robot uses an aggressive method of approach for ensuring the best results. As per the vendor, the system has generated $158,588 in the previous 30 days and $129,897 in January. It uses the daily Fibonacci levels for predicting the profitable entries and exits. This automated system is fully equipped to handle all aspects of your trading making it a complete solution, according to the vendor.
Detailed Forex robot review
Forex Robot Trader is the company that creates and promotes this FX EA. Other FX robots from the company include Odien, Falcor, Ganon, and more. There are no company details present like the founding year, the developer team, location address, phone number, etc. The website has a simple and quick to use navigation system. As per the vendor, the charts of the EA provide easy-to-read info on the Fibonacci levels, trends, and entry points.
Some of the main features that the vendor claims give this system an edge over its competitors are:
- It uses a fully hands-off method for trading so you need not worry about any aspect of the process from the beginning to the end.
- The ATS identifies signals, opens trades, manages risk, and secures profits numerous times in a second.
- It uses an advanced Fibonacci method of approach that is very effective.
- To prevent the system from unscrupulous brokers, it uses hidden SL and TP levels.
- The system automatically calculates the lot size from the account equity and supports full lots, mini, and micro-lots.
- The main approach involves overbought or oversold re-entries. Orders are placed when there is a pullback of price after it moves from the mid-zone.
- Optimized settings are used as the default settings for use on more than 20 pairs without any adjustments.
- More than 1000 daily users are present for this FX EA making it the most downloaded FX EA.
We could not find info on the currency pairs the system works on, the recommended leverage, deposit, broker, etc.
Vader Forex Robot strategy tests
This FX robot uses the big price movements happening away from the mid-zone and the retracements when price returns for the main trading approach. It combines the Fibonacci thresholds with trend shifts to ensure high profits. Further, an automated SL and TP are used. There are no backtesting results present for this ATS. Although the performance in the backtests does not predict a similar future performance, they help to know about the strategy and its efficacy. The lack of backtests makes it difficult to understand the approach used.
Real account trading results
We could not find real trading results verified by reputed third-party sites like Myfxbook, FXBlue, FXStat, etc. However, the vendor provides monthly performance reports for the EA. From the stats, we can see the system has generated a total net profit of 129897.10 and a profit factor of 11.71. The maximum drawdown is 0% and the profitability is 88%. A total of 1074 trades have been completed. From the results, we can see the profits are high and the account has grown consistently. We prefer results verified by sites like Myfxbook as the results reveal more info on the system like the lot size. The lack of verified proof makes us doubt the reliability of the results.
A discounted pricing of $79 is present for this FX robot. Its original price was $199 which has been discounted by 60% now. The package includes MT4 compatible trading software, free demo accounts, easy installation, and free support. There is no mention of a money-back assurance which makes us suspect the reliability of the FX EA. When compared to the market average, we find the price is affordable.
Unfortunately, we could not find user reviews for this FX EA on trusted review sites like Forexpeacearmy, Trustpilot, etc.
Vader Forex Robot assures a completely automated system that takes care of all aspects of trading. The vendor offers performance reports for the ATS to prove the efficacy. However, the results are not verified by a third-party site like myfxbook so it is difficult to analyze the effectiveness of the approach. Further, there are no backtests present. While the pricing is not expensive, we find the system has some downsides like the lack of a refund offer and the absence of user reviews. You need to consider the benefits and drawbacks before you invest in this system.