Forex Robot: GPS Forex Robot 2
Developed by: Mark Larsen.
Trading Style: Scalping Forex
Platform: MT4 / MT5
Cost: 167 USD (one-time)
GPS Forex Robot Review
The GPS Expert Advisor is a pure Forex scalper developed by Mark Larsen. The main difference between the version 2.0 of the GPS Robot compared to the version 1.0 is that the second version is much faster. This characteristic is crucial for a Forex scalper. The robot trades a great variety of currency pairs based on the Asian Session. The currencies traded include EUR/GBP, EUR/USD, USD/CHF, GBP/USD and some others.
How the GPS Forex Robot Forex Robot Works?
GPS Forex Robot is a scalping machine targeting profits of about 25 pips. This expert advisor focuses entirely on the Asian session and targets to execute profitable trades based on price inefficiencies. The GPS 2 algorithm includes a Trailing Take-Profit order to secure gains while there is also a reverse strategy include in order to offset risk.
GPS Forex Robot Past Performance
According to the past 6 years, the performance of the GPS Robot is good and that is based on both win-to-loose ratio and Drawdown ratio (%).
GPS Forex Robot 2 Basic Settings
The GPS Robot 2 is a fully-customized Expert Advisor so that it can adapt to any trading style.
GPS Forex Robot 2 Review Key Points:
Here are the main features of the GPS Robot 2:
■ The GPS 2 scalps the Asian Session
■ The Robot can be fully customized
■ The Robot can be fully adapted to multiple trading styles
■ The GPS Robot 2 trades a great variety of currency pairs
■ Trades multiple time frames
■ The GPS Robot 2 targets profits of about 25 pips
■ Trades any market conditions
■ The GPS Robot 2 Implements a wide Stop-Loss strategy
■ The Robot is using Trailing Take-Profit Orders
■ The GPS Robot 2 includes a Reverse Strategy to minimize risk
How much GPS Forex Robot 2 Costs?
The GPS Robot 2 costs 169 USD for one-time purchase.
■ GPS Forex Robot 2 Review