New Forex Robot on the Block

We recently received an email from a group that’s been developing the Forex Ultra Robot. If you been to our site more than once you know we like robot trading. Finding a perfect robot isn’t easy, but there are a lot of potentially good ones out there. After receiving this email I wrote back asking for a demo copy so I can share my results with everyone. Within a couple of hours I got a very nice email from the Forex UltraBot Marketing team. They gave me complete access to the robot members area to learn about their robot. I was given the Metatrader EA and their manual. I was really impressed with the service right away.

After logging in things couldn’t be easier especially for a newbie to Forex Trading. Since we have a lot of experience with these type of robots it just made the process a hell of a lot smoother. Everything you need is in the members area. You create a profile with your name and Metatrader account number. You also get the user guide and customer support information. Also, within a couple of days they already came out with a new version of the robot, that provides enhancements and improvements. From getting the EA to installing the EA it couldn’t be easier.

Now for the results.
We started the Forex UltraRobot on 2/17/2010 – 03/01/2010
Broker – FX Solutions
Account Size – $10,000
Money Management – AutoCalculateLot which means the lots will increase or decrease depending on the amount of money in your account.
Four Pairs Traded at the same time – GBPJPY, EURGBP, EURJPY, GBPCHF

I don’t know what it was, but we got off to a really bad start. This could have been bad timing, but I almost turned it off thinking this thing has no chance to making it on my website for my visitors to read. Within a few days my mind changed. This robot has shown some resilience for sure. In two weeks of trading four different pairs and pretty much keeping all the defaults the Bot has turned my account from $10,000 to $10,304.

Here is where it gets interesting. You don’t have to trade all pairs. I only did it to show you how this robot performs on all pairs. Listed below is a breakdown of each of the four pairs.  The amounts would be different since we used the bankroll management feature, but this will give you an idea of what it would have done.

  • GBPCHF – Profit of $217.69 or 2.1%
  • GBPJPY – Profit of $1,332.97 or 13.3% (Yeaaa)
  • EURJPY – Loss of $1,296.89 or -12.9% (Yikes)
  • EURGBP – Profit of $113.88 or 1.1%

February 17, 2010 – March 1, 2010 – Performance report on all pairs.  As you can see the results come out pretty clean when you trade all four pairs.  It will be up to you on how you want to trade this Robot.

To start trading this Forex UltraRobot Click Here.  It is reasonably priced and it may make you some money.

UltraRobot Statement for February

To start trading this Forex UltraRobot Click Here.  It is reasonably priced and it may make you some money.

 
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