After several seconds on the site, we have a pop-up offer to exchange our email address for a demo version of the EA, investor password, news, updates, and other info.
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The GPS Forex Robot 3 is a long-live Forex robot market participant.
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We’ve got a video and text explanations about Mark Larsen and the system he introduces. He insisted that the system is delivered with proof of trading successes.
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Antony and Ronald worked hard with Mark to create a well-designed robot.
GPS Forex Robot Features
Let’s talk about its features:
- The robot works automatically on the MetaTrader 4 terminal.
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- We’ve got real proof that the system is used by a person who’s deposited $1,000,000 in trading via it.
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- We have many proofs and pictures that those people are real.
- We can get access to trading results using an investor password.
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- The new 3-rd version of the robot works four times faster.
- The system is safer and more profitable.
- We can change the main parameters to run our own trading style.
- There’s a no-name extra feature that allows set Entry Point more precisely.
- There’s a Trailing Take Profit feature.
- The installation is very simple.
- A VPS service and an ECN account will be great to use to be more stable.
Pricing
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There’s a single EA package. The robot costs $149. The package includes the robot itself, a PDF user manual, installation files, an EA’s file for direct copying (if needed), access to the member area, and a 60-day money-back guarantee.
How it works
- It works automatically.
- The system is a set-and-forget trading solution.
Trading Strategy
- The robot opens a single trade at 1 a.m. +2 GMT offset for IC Markets.
- A reverse strategy allows opening a trade in the opposite direction with increasing Lot Size (we can manage multiplier or turn this option off) to recover after a lost trade (x6 Martingale).
- It uses Martingale when needed if we allow it.
- The robot doesn’t trade without SL.
- The EA does not involve Grid for trading.
- It performs on the H1 time frame.
- The EA executes several times faster after receiving the 3rd update.
- We can change many parameters to customize the trading experience as we want.
- There’s a Trailing Stop Profit feature to cover gained profits.
- It works with EUR/GBP, EUR/USD, GBP/USD, and USD/CHF symbols, but a frequently traded symbol is only EUR/USD.
Trading Results
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We’ve got several backtest reports. It’s a EUR/USD currency pair on the H1 time frame. The test was performed from 2007 to 2020. The modeling quality was set at 90%. An initial deposit was $10,000. It became $100,951 of the total profit. The maximum drawdown was 5.68%. The Profit Factor was 2.84. It has traded 995 deals. The win-rate for Short positions was 100%, for Longs was only 87.51%. An average win-streak is eight deals.
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It’s a real USD account on FX Choice. The system works automatically with 1:200 leverage at the MetaTrader 4 platform. The account has lost a Track Record Verified badge. The account was created on May 21, 2012, and deposited at $100,000. Since then, the absolute gain has become +554.12% (the smooth and predictable line of growth on the chart). An average monthly gain is +1.77%. The maximum drawdown was 37.70%.
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GPS Forex Robot has closed 487 deals with 373 pips. An average win is 5.05 pips when an average loss is -69.45 pips. The win-rate is 93% for Longs and 100% for Shorts. An average trade length is six hours. The Profit Factor is 2.09.
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As we can see, the most profitable are 21 deals of recovering, over 466 deals on the Long direction, during Martingale trading – $563,129.
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The system is a past Midnight scalper, trading before the Asian markets are opened.
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The most-traded days are Tuesday (176 deals) and Thursday (253 deals).
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It works on the account with medium risks to the balance.
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The robot uses Martingale recovering right after hitting an SL level.
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The system provides little but stable profits every week.
Customer Reviews
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Five hundred sixty-eight people recommend this service.
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There’s a wall of comments. The number of them hasn’t changed for half a year or so.
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There’s a page of GPS Forex Robot on Forex Peace Army with a 3.086 rate based on 108 reviews.
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There are many positive comments with settings, as well as negative ones without them.