We’ve got three letters during the months about requesting to review the News Action Trader robot, so, here we go. We’d like you to take a look at the review of this robot.
The robot is introduced as the forex EA with 2 years of the proven account. It works on MetaTrader 4, as well as, the 5 one. It runs with the low-risk trading. 6 currency pairs are allowed to work with.
After this, there are a lot of screenshots from the account. So, we decided not to bring them here and looked on our own.
So, if the robot is as accurate as it’s been told its owner can easily get from 20 to 200 pips after each economic news is announced.
To get more trust the dev allows us to even log in to his account.
The package includes everything needed for trading on the MetaTrader 4 and 5, lifetime support, free updates, supporting AUD/JPY, AUD/USD, NZD/USD, XAU/USD, GBP/USD, ASD/CAD currency pairs.
We’ve got two packages of the News Action Trader robot. The $250/month one includes everything we said plus the 30-day money-back guarantee. The $400 one-time-payment package includes the same.
News Action Trader Strategy and Trading Results
The explanation of how the algorithm works looks like “It collects real-time economic intel to get out needed data and sets parameters to set a trade. News Action Trader has a unique strategy that accounts for the spreads and slippage of trades and will dynamically adapt the trade targets and stop loss based on both variables to ensure your trades are protected.”
The robot works to trigger the trade at the same time when the news come in and close it when the market stops going in the right direction, taking all the profit.
The forex robot runs the real USD account that has been funded for $990 with Pepperstone as a brokerage company, with 1:100 leverage and on the MetaTrader 4 platform.
The average daily gain is 0.15, monthly one is 4.75%. The drawdowns are the mid-range ones (20.07%).
Over two years period there have been traded 1097 deals with huge amount of pips (17807). The average win-rate across the shorts and longs is 62-67%. The average trade length is 2 min. The profit factor is 1.42.
As we can see the most pips have been traded on XAU/USD currency pair, as well as, this currency pair is the most profitable with two others: AUDJPY, and AUD/USD.
The robot runs with a low enough risk of ruin.
Months vary depend on trading results.
The same results we can see on the fxblue official account.
The News Action Trader robot developed by.
We’d like to notice that the dev introduce fearless himself
There’s a Linkedin account, so it adds trust to people.
Should you use the News Action Trader robot?
- Good real trading results
- Almost three years of the account life
- The huge amount of pips were traded
- The mid-level of DDs
- The dev is the real person
- The 30-day money-back guarantee
- A bit expensive price
- Some of the months ended with losses
- Lack of backtests
- Lack of explanations of settings
- Explanations about money management weren’t provided
It depends completely on you. In general, we could notice that the robot runs on the real USD account quite well. It can provide the investor with solid profitability with low drawdowns. The dev is the real person, and you may feel safe because of the money-back guarantee… but if the robot is that good, why does Mick have just 63 connections on LinkedIn? There should be hundreds or even a thousand ones because everyone wants to be in touch with the successful dev, right? So, we told you everything about it, you’re good to make the right decision.