Forex Robot Software

We are pleased to offer you information about the Forex robot software created by Don Steinitz. After many emails with Don, we are excited to share with you, our review and performance of this trading robot. You don’t always know who are dealing with when buying a product, but Don was very open and very responsive to all our questions. We worked out a way so we can share the performance of this trading software and hopefully prove to you that it is one of the best robots on the market.

Forex Robot Trader Review

We got off to a fast start setting the robot up only because we know the Metatrader platform. For novices this setup can be pretty complex and it will require patience. Don provides several tutorial videos and write ups to help you get through the initial setup. Once you are all setup there is not much else to do except watch the software in action. Setting this robot up will help you learn the platform as well. With the amount of programming the fee of $199 seems very reasonable. Now all we have to do is make a profit and we can say the $199 is very cheap.

Forex Robot Trader Performance

We will start monitoring results as of May 4, 2008.
Our setup – Demo Account at InterbankFX
Starting Balance – $10,000
Money Management turned on so our amount of lots trade will increase as we make money and decrease as we hit draw downs.
We are trading 10 currency pairs.
All of our settings will be default.

Our Rules – We will run the robot continuously in a Forex Auto pilot mode and not touch it unless we run into a software problem. The robot will be active during every news event as well. We will update this page as the results come in over the coming months.

Here is a look at the platform on Day 1. We have already entered a few trades. None of them have closed yet.

Below will be our log going forward. Please check back on a regular basis for the results. Another option you may want to try is the Forex Trend Scalper. It has potential and you can read our thoughts here.  Another product you may want to consider is the Correlation Code , which brings your level of trading to a new level.

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