GPS Forex Robot

GPS Forex Robot is a forex expert advisor (EA) for the MetaTrader platform introduced by Mark Larsen and two other programmers in 2010. The developers describe the trading system as a GPS navigator for the forex market, aiming to predict short-term movements with a high probability of success. They named it "GPS Forex Robot" because it is right 98% of the time. In the 2% of cases when it is wrong, the EA has a reverse strategy that opens a trade in the opposite direction to cover the small loss.

The latest version of GPS Forex Robot is version 3, and it is compatible with trading instruments such as EURUSD, USDCHF, and EURGBP currency pairs. Unlike other EAs, GPS Forex Robot does not require a specific trading timeframe, providing flexibility for traders.

One notable aspect of GPS Forex Robot is its impressive Real Account Performance Test on Forex Peace Army, which has been running for almost 10 years. As of the time of this description update, the EA has generated a remarkable 570% profit.

Pros and Cons

Pros:

• High probability of success in predicting short-term movements
• Includes a reverse strategy to cover small losses
• Compatible with popular currency pairs
• No specific trading timeframe required
• Impressive long-term performance on Real Account Performance Test

Cons:

• No specific cons mentioned

Scammer or Not?

Based on the available information, there are no indications that GPS Forex Robot is a scam. The EA has been developed by experienced programmers and has a long track record of success, as demonstrated by its Real Account Performance Test on Forex Peace Army.

Safety Check

While GPS Forex Robot appears to be a legitimate and reliable EA, it is always essential for traders to exercise caution and conduct thorough research before investing their funds. It is recommended to test the EA on a demo account and monitor its performance before using it on a live trading account.

FAQ

Q: Can I leave feedback about my experience with GPS Forex Robot?

A: Yes, you can leave your feedback about your experience with GPS Forex Robot on the forexroboteasy.com website.

This review of GPS Forex Robot provides an overview of the EA's features, its compatibility with the MetaTrader platform, and its impressive long-term performance. Traders should conduct their own research and consider their individual trading strategies and risk tolerance before using any expert advisor.