Directional Forex Robot uses large and reliable trends for ensuring the best returns with low risk. The vendor claims that it uses the Heiken Ashi Smoothed indicator with unique algorithms to provide successful results. It is a fully automated system that also has a manual trading option inbuilt into it. As per the vendor, the system has generated $59,513 in 2022 and $28,899 in January 2022.
Is investing in Directional Forex Robot a good decision?
To verify the high profit and low-risk claims of the vendor, we have evaluated various aspects of this FX robot. From our analysis, we find that there are no verified trading stats. The vendor does not provide backtesting results. However, the FX EA is not expensive and works on all FX pairs and timeframes.
Company profile
The Forex Robot Trader is the company that creates and promotes this FX robot. Founded by Don Steinitz, the company’s other products include Odin, Vader, Falcor, Ganon, and more. The developer team headed by Steinitz comprises many programmers well-versed in MQL code that is required for designing FX robots. As per the info on the About Us section, the main objective of the company is to provide the best FX robots and indicators. We could not find company details like its founding year, location, phone number, etc.
Main features
As per the vendor, the important features that make this FX EA stand out from other similar products are:
- It can work on all FX pairs and timeframes.
- It works on the Metatrader 4 charting platform.
- It can work on 4 or 5-digit quotes automatically.
- You get custom indicators and templates with the package.
- In-built trailing SL capabilities are present.
- It uses automated money management methods.
- Robot settings including applied price types, color objects, text, etc. are adjustable.
For the strategy, the vendor explains that the robot waits for a trend to develop on multiple timeframes before making entries. It places trades in the trend direction and holds until there is a reversal in the trend. The vendor maintains that it can detect potential trends expertly and can stay for the entire trend length. A counter-trend technology is used where the robot buys on price drops and sells when the price rallies. The vendor claims that the approach helps to maximize your ROI and provide a smooth equity curve in your portfolio.
Price
You can buy this FX robot for $49. Its original price was $199 as per the website info. However, the vendor has provided a 75% discount resulting in the present pricing. There is no other info on the features you get with the package. There is no money-back guarantee for the product which makes us doubt its reliability. When compared to the price of other competitor products of similar categories, we find the price is affordable.
Trading results
There are no backtesting results for this FX robot. While it is true that strategy testing does not predict the future performance of a system, traders use it to understand the strategy and its efficacy. The vendor provides monthly performance reports for the ATS. Here is the report for February 2022.
From the report, we can see the robot has generated a total net profit of 30,613 for a total of 366 trades. The profit factor is 4.95 and the maximum drawdown is 0.01%. Profitability of 75.96% is present. From the results, it is clear that the risk is minimal and profits are appreciable. However, the results are not verified by a reputable third-party site like myfxbook, FXBlue, etc. The lack of a verified track record makes it difficult to evaluate the system properly.
Customer reviews
Unfortunately, we could not find user reviews for this FX robot on reputed sites like Forexpeacearmy, Trustpilot, etc. But we found user feedback for the Forex Robot Trader company on the Forex Peace Army site. For a total of 270 reviews, the rating the company has received is 2.262/5. Here are a couple of the user testimonials:
From the feedback, we can see that users are not happy with the product. While one user could not download the product, the other customer complains about the poor support.
Directional Forex Robot review summary
Directional Forex Robot assures a reliable trend-based approach that can bring high profits and minimal risk. Our evaluation of the system reveals that there are no verified trading results or backtesting stats for the robot. Instead, the vendor provides monthly performance reports that are unverified. Although the price is affordable, the lack of a money-back guarantee makes us suspect the reliability of the product.
