After complex optimizing, the new GPS Forex Robot works four times faster A new additional function was added which allows the GPS Robot find the most optimized settings to the current situation on the market and use it in real trading 13/11/ · GPS forex robot is capable of blowing even a very large account. The fact that small accounts were blown but other large accounts made big profits using this product, is more down to the careful meticulous use of the large account users, in regards to volatility and settings, and not down to account size/5() 05/07/ · GPS Forex Robot is a trading software designed by Mark Larsen and developed by his two partners – Anthony and Ronald. Mark named his robot after a GPS navigator because like the device, it can predict small movements with high accuracy. This review will focus on the latest version of the software – GPS Forex Robot 3. Pricing/5(23)
Review of GPS forex robot V. 3 forex system. (Screenshots)
Invented by Mark Larsen, who has been reviewing EA for many years, and developed by talented programmers Antony and Ronald. The sales page has some sort of exaggerated advertising.
However, the results so far are wonderful. There is no doubt that it is a proven and promising EA, but it should be recognized that it sometimes takes relatively large risk. The balance has increased six times in about nine years. It is a little dangerous to increase the lot size too much. You should be careful when adjusting the lot size, gps forex robot settings. The profit rate is not so high.
However, there is no other EA that has been keeping rising profit curve for such a gps forex robot settings time. Make Buy entries only during the following fixed times. Conversely, It will not enter other than the following time zones. There are many scalping EAs that only enter in the trend direction. On the other hand, GPS Forex Robot will enter regardless of the trend direction. Asian sessions tend to be small range market.
Therefore, most of the scalping EA in the Asian session make short-term contrarian entries. On the gps forex robot settings hand, GPS Forex Robot is neither Market Follower nor contrarian. Trailing stop is a method of taking profit with the return of pips specified from the latest high or low price. In the forward test, the trailing stop pips distance is 6 pips.
As a result of activating trailing stop, take profit pips are often around pips. So GPS Forex Robot is a scalping EA. With this alone, it is an EA that blows off the accumulated profits with one losing trade. However, the GPS Forex Robot will recover the loss through a recovery trade after 90pips stop loss. Specifically, after loss-cutting the Buy position at pips, It will recover the loss with a sell entry of about 7 times the lot size. In the MT4 transaction history chart below, you can see that making Sell entry after the loss cut of the Buy position.
Therefore, if the price drops Actually, when it make Sell entry, position is closed at about 12 to 13 pips and the loss is recovered. In the first place, the probability that the first buy entry will fail is low. This EA traded nearly times since the start of the forward test inbut it have only made 8 Sell recovery trades.
And so far all recovery trades have been successful. However, I do not know the end if the price reverses and continues to rise after the 7 times lot size Sell entry. It is also possible to turn off the recovery trade by setting parameters. However, be aware that if it do not make recovery trade, it will have to stack dozens of winning trades to recover the loss, which will reduce performance.
Start Date months Initial Balance 10, Lot Size 【Fixed】1. The GPS Forex Robot has been back tested for about 10 years. There is no big difference compared to the result of the forward test gps forex robot settings the transaction. If this kind of drawdown occurred immediately after the start of operation and the balance was low, the account would have been in a slightly dangerous state.
So it may be better to set the lot size to slightly smaller value. The setting of lot size is an important item. It is recommended that you enter the lot size yourself without using the automatic lot size adjustment function. The recommended setting is 0. However, it is better to set the lot a little. Therefore, the risk is lower if the lot size ratio gps forex robot settings less than half.
StealthMode Settings that prevent brokers from knowing the set values for Take Profit and Stop Loss. This is a countermeasure because a malicious broker may commit fraud such as stop loss hunting. MagicNumber Sequential number automatically set for each trade. There is no problem with the default settings, gps forex robot settings. It is 7 7 times in the forward test. TrailingDistance Trailing stop pips. The default is 6 pipsand the forward test is 6pips.
TrailingStep Unit of calculation for trailing stop. There is no problem with the default 1 pips, gps forex robot settings. ColorBuy Color indicating the position of the Buy entry displayed on the MT4 chart. ColorSell Color that indicates the position of the Sell entry displayed on the MT4 chart. SendEmail Send a notification to your email when a order is executed. SoundAlert Sound notification when a order is executed. WriteLog There is no problem with the default settings.
WriteDebugLog There is no problem with gps forex robot settings default settings. Summary of GPS Forex Robot The profit rate is not high, but it is outstanding as the length of the forward test results in real accounts. However, if the Buy entry fails, recovery trade will be executed. All recovery trades have been successful in back-testing for over 10 years and forward-testing for over 9 years.
In the first place, there are not many situations when recovery trades are needed. However, although the probability is low, we cannot predict the outcome if the recovery trade fails. You should be aware of the risks of recovery trades, but the results of the forward tests are excellent. Even though the price movements look the same, there are differences in the execution such as slippage.
So even if the same EA, the results may be different between demo gps forex robot settings real. GPS Forex Robot open results with real account to the public, gps forex robot settings, so it can be considered that it has been proven that profits can be made with real accounts. Spreads are likely to be wide and slippage is likely to occur. The manual recommends the same FX Choice as the forward test. However, it can be used with brokers other than FXChoice. GPS Forex Robot makes large lot recovery trade.
so it is advantageous to have as many account balance as possible and it will operate stably. On the contrary, if the balance is small, the risk of large loss is high.
Other brokers only have the advantage of be able to open large position, and the bonus disappears when the equity balance reaches 0, gps forex robot settings. This is gps forex robot settings advantageous operating environment for this EA. However, if there are many small losses even for buying entries that have high probability of winning trades despite having operated according to the recommended settings on XM, it is better to consider switching to FXChoice.
Bonus cannot be received with Zero account. XFXEA Review and Verification-Dangerous Martingale EA? FXRapidEA Review and Verification. Forex Real Profit EA Review｜Good? Forex Diamond EA Review and Reputation, gps forex robot settings. Forex Cyborg EA ｜ Review and Rating! Easy Walker Fx（EA）- Review＆Examination. Skip to content EA Review, gps forex robot settings. GPS Forex Robot（EA）- Review＆Examination. Forward test results in real accounts for over 9 years Outstanding performance in real accounts The gps forex robot settings factor is that the recovery trade with a large lot size fails.
The time bar of the displayed chart is not related to trading signals Trading Method Scalping ~ DayTrade Terminal MT4. GPS Forex Robot [Official Page]. Email Email address used to purchase GPS Forex Robot CBReceipt After completing the EA purchase procedure, gps forex robot settings, enter the CBReceipt number in the email sent from GPS Forex Robot Team. AutoGMTOffset Setting to automatically get the MT4 server time information.
UseRevAfterSL Whether to make a recovery sell entry after the first buy entry reaches the stop loss. UseTrailingStop Whether to use a trailing stop for Take Profit. ExpertComment A comment that enters the transaction history of MT4. Recent Posts Popular Posts. Any time frame is possible. The time bar of the displayed chart is not related to trading signals. After completing the EA purchase procedure, enter the CBReceipt number in the email sent from GPS Forex Robot Team.
Setting to automatically get the MT4 server time information. Settings that prevent brokers from knowing the set values for Take Profit and Stop Loss. Allowable slippage value.
GPS FOREX ROBOT UPDATE - THESE ARE THE ONLY SETTINGS THAT WILL TRULY WORK !
, time: 9:18GPS Forex Robot（EA）- Review＆Examination | TARIKI HONGAN FX
30/09/ · Here are the basic GPS Forex robot three set-ups or procedures: · Installing You have to use a broker to make sure you are working efficiently with the right forex trading system. As · Trading Parameters When you got the robot installed, you can adjust trading parameters beyond default settings. 4/5 25/05/ · GPS Forex Robot 5/25/18 Final Review (Fast Settings) Welcome to the gps forex robot final review. I'm happy to say we were able to finish strong. We closed a lot of trades this week and had 2 trades still open going into the weekend. I would of liked to have had all Estimated Reading Time: 2 mins 13/11/ · GPS forex robot is capable of blowing even a very large account. The fact that small accounts were blown but other large accounts made big profits using this product, is more down to the careful meticulous use of the large account users, in regards to volatility and settings, and not down to account size/5()
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