We’d like to introduce to you Vader robot that has been developed by ForexRobotTrader. Visiting the company’s site we’ve checked the “Forex Robots” chapter with prices on their EAs. It was noticeable that the cheapest robot costs $50 and the most expensive at $100. It’s truly hard to believe that the $50 robot can grow your account.
So, what do we know about it?
The presentation starts with good-for-nothing screenshots where we’re suggested that as soon as we start using the robot we never miss signals so a lot of trades will succeed.
Vader robot is introduced as a “powerful, intelligent, and highly accurate” forex EA.
Devs said that Vader was the most downloaded robot on Forex, that’s, of course, lie. The robot has got default settings for almost 20 pairs. It got some features that allow you to keep your forex broker in the dark hiding SL and TP levels internally to avoid stop hunts.
How Vader Forex Robot Works
Vader robot has been applied by Advanced Fibonacci Strategy that should work on a daily basis. The robot takes risks and trades the price as it moves away from the middle zone and when it comes back. Vader unites trend shifts with Fibonacci thresholds to form a well-designed Forex strategy. The money management system enhanced by take-profit and stop-loss patterns allows not to lose more than allowed.
Vader robot trading results
The robot hasn’t got official accounts on fxblue or myfxbook so we can’t check how the robot works on the market.
Instead of data we’ve got links on backtesting where’s the robot during “last ten years” grows to $19 million from nothing. The profit factor is 11.88. The shorts win-rate is 88%, longs 89%.
Pricing And Refunds
Vader costs $100. We know nothing about how many accounts we’ll get, anything at all.
The devs don’t provide money-back and other guarantees at all.
The most warned moment is that we have to provide all your card data for the no-name company.
The devs don’t suggest any kind of auto-updating, any support, anything that is able to help you in your trading.