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Robo T

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Trendopedia AI
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
Accounts: 4
Updates: 1 year
Support: Developer
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EASY Scalperology
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
Accounts: 4
Updates: 1 year
Support: Developer
FreeDemo🆓
EASY Breakopedia
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
Accounts: 4
Updates: 1 year
Support: Developer
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Overview of Robo T

  • Robo T is an Expert Advisor developed for MetaTrader, designed for automated trading in the Forex market.
  • It operates as a non-indicator trading system, relying on price actions and classic indicators to make decisions.
  • This EA boasts verified results on a live account, demonstrating consistent performance since its launch.
  • Key settings include configurable lot sizes, take profit levels, and trailing stop options, enhancing flexibility for traders. 💼

Key Features

  • Distance from the current price for placing orders can be specified through the Level_ord setting.
  • Lot sizes can be defined separately for buy and sell series (Lot_1 and Lot_2).
  • It has sophisticated trailing stop functionality that can operate in both profit and loss scenarios.
  • Averaging orders can be placed based on defined drawdown distances and multipliers. 🔄

Trading Strategy

  • The strategy focuses on capturing price movements and managing positions effectively through a grid-based approach.
  • It adjusts dynamically to market conditions, searching historical data to evaluate average trend movement, optimizing its positioning strategy.
  • This robot does not engage in guesswork; it modifies its grid size and order placements based on real-time data analysis.
  • Manual intervention can still be applied, allowing traders to manage open positions as they see fit. 🤖

User Feedback

  • Users have expressed appreciation for Robo T’s reliability in profit generation during various market conditions.
  • Some users highlighted the importance of needing to understand and adjust parameters for optimal performance.
  • Reviews mention that the automated feature significantly reduces emotional trading, allowing for a more systematic approach.
  • Concerns have been voiced regarding trailing stop function; users recommend customizing this feature further. 🛑

Conclusion

  • Robo T stands out as a robust option for traders looking for an automated solution that limits emotional influences while navigating the Forex market.
  • As with any trading robot, ongoing monitoring and parameter adjustments are crucial for maintaining peak performance.
  • Ultimately, it serves as a powerful ally in the pursuit of profitable trading. 🔥
Robo T

Easy Rating: 0/0

MQL Rating: 0/0

Is Robo T the holy grail of trading? Let’s unearth this intriguing system designed to trade forex automatically! Created by the wizard Iurii Tokman, Robo T promises to leave your trading to the robots. But does it really deliver, or are we simply chasing trading fairy tales? Di ...

Release Date: 11/12/2013