In this post I will be reviewing the Forex Trend Detector automated forex trading system. Whichever way you look at it this is a decent forex robot. Forex Trend Detector went through year of rigorous development and testing which seems to have paid off when you look at its proven live performance on the website. It has had its ups and downs but is overall in the green. These particular developers have made a few other profitable forex robots over a time span of more than 6 years, so it is clear they know there stuff when it comes to developing automated trading systems.
Forex Trend Detector has 3 risk options – low, medium and high. Of course the higher the risk you use the more money you can make fully automated BUT, you also increase the exposure on your account. Medium risk seems like the sweet spot for this particular forex robot. The concept behind Forex Trend Detector is using a strategy that professional fund managers and insiders would refer to as “smart money”. Infact, they claim that a fund manager with more than 15 years’ experience was involved in the development process.
MT4 Forex Robot Characteristics
- 5 Minute Timeframe
- 3 Licenses
- 60 Day Money Back Guarantee
- Full Support
- Lifetime Updates
- Detailed Instructions
- No Minimum Deposit
- Any Leverage
- MetaTrader 4
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)