Gps Forex Robot 3 Edu
This forex EA was running neat for many years, and below I have a lengthy review virtually the success I had with it. However, after taking profits on my live account and closing that downward, the demo account I was running got destroyed, so I no longer utilise or endorse this EA.
Y'all can however see the investments I'thou having success with hither, simply the GPS forex robot is no longer one of them.
Here's a link to my demo account on myfxbook. You'll notice that information technology had a very long and profitable run only only couldn't sustain information technology forever:
https://world wide web.myfxbook.com/portfolio/gps-forex-robot-demo/9008745
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My old review is beneath. I leave information technology here every bit a record of my journey, even though I accept moved on from using this forex EA….
This is my total review of GPS Forex Robot three.
My Results With GPS Forex Robot
My initial tests with this robot using the bones settings were profitable but likewise did open some losing trades and took my drawdown levels over 65%. As I researched the bot more than and tweaked the settings, the bot became much more reliable, with more consistent profits and a very low drawdown. Getting the right settings is hugely of import, but once you have them, the bot seems to run much more smoothly.
In this image, yous'll come across some past performance of trading with the standard settings:
Once I plant the perfect settings (which I'thou happy to share with you) the results have been fantastic; 
These are the Myfxbook results from the very outset demo account I set up to examination this EA. Observe how stable my results have been since February 2020 when I got the settings just correct. 
I've tested the GPS robot with diverse Forex brokers, and I find FXChoice to be the best for me. After moving my license effectually between brokers for a while, here is my live account with fxchoice;
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Brokers
The GPS Forex Robot will work with just about any broker. However, the developers suggest using the leverage of i:200. Most brokers who offer this much leverage are unregulated and can be hard to discover (especially for those living in the USA). Here is a list of brokers that volition offer 1:200 leverage (and the countries they volition accept):
- LQDFX – Unregulated but accepts customers from the The states
- FXPrimus – Leverage up to i:1000 but does not accept customers from USA
- Roboforex – Upward to 1:2000 leverage (does not take the USA)
- FXChoice – Leverage up to i:200
Frequently Asked Questions Nearly GPS Forex Robot
How Much Does GPS Forex Robot Toll?
This trading robot costs just $149 (USD) for aLIFETIME license. This includes whatever hereafter updates, and there is absolutely no rebilling or subscription. You lot can apply it on unlimited demo accounts and 1 live account for this price.
What Is the Minimum Investment Amount?
There is no minimum investment amount for your new GPS Forex Robot, simply your broker might have a minimum deposit amount for the MT4 business relationship that it's connected to. You can certainly start trading with as little as $100 in your trading account if your broker accepts that amount.
I've Purchased And Set Up the Robot, But I'one thousand Not Getting Any Trades. Why Not?
The GPS bot does not merchandise every solar day. Sometimes a few days can get by without a trade (and it doesn't trade at weekends because markets are closed). Yet, you should brand certain that you have a smile confront on the top right-hand side of your MT4 screen, and don't forget to add your live MT4 account number into the fellow member'due south area of the GPS website. Besides, in MT4, cheque if you lot take any fault messages nether the Skillful tab at the bottom. Any issues with the EA will be reported here.
Tin I Use the GPS Robot On My Laptop?
Yous can run MT4 and the GPS ea on a laptop, but you need to exist conscientious that it never goes to sleep. Often a laptop volition ability down when not in use, even when plugged in, and you don't want to miss any trades. I use a dedicated PC to run MT4, but a VPS could likewise be a expert solution for y'all every bit an culling to a laptop.
Does GPS Work On Mac OS?
GPS ea runs on MT4, and so as long equally you tin download and install MT4, it tin can be run on various devices and operating systems (including Mac Bone).
Is This a Scalping Bot?
No, GPS Forex Robot 3 is non a scalping bot/ea. It doesn't trade very frequently (sometimes not for a few days), but when it does, there is a very high probability that information technology volition succeed in turning a turn a profit.
Tin I Utilize GPS Forex Robot In My State's Forex Market?
The robot will work on the MT4 platform in whatever country around the world. However, non all brokers have every country, so it'southward more than nearly the broker (MT4 provider) than the robot itself. As long every bit yous can find a broker that operates in your state of residence that uses MT4, then the robot tin exist installed and run with that broker. You can contact me if y'all're not sure which broker you should employ, and I volition endeavor to help.
Full GPS EA Review
I've been monitoring the performance of this bot for near one year now and purchased it in November 2019. Since then I've been testing various settings so that now I have a bot that trades my business relationship very consistently and profitably. In this detailed review, I will share the facts about this EA as well as describing my own experience of running the bot for over i year at present.
Come across my mail "Forex Flex EA Review"
Introduction
This forex robot (EA) has been around for near x years, and it has certainly stood the test of time. On their sales page, you lot can see that they have various verified trading accounts that have made substantial profits. Not only that, only the accounts take not been manipulated or contradistinct, and some testify profits going dorsum 8 years or more (when earlier versions were existence released).
It'due south important to run into diverse verified sources of long trading history. Many other forex robots hide their by functioning considering the bot will endure huge losses equally market place conditions change, and therefore, they can't show a total history. As nosotros shall discuss, information technology'due south non but on the GPS sales page where we can notice a long track record, only their results have been proven in various third-party sources. You'll see equally we go through this review that GPS Forex Robot 3 is an incredibly adept value at only $149!
Members Area
After purchasing the bot, you will be granted access to the member's area. This is where you go admission to the software and your license. Information technology'due south also got additional content such every bit some FAQs, some bonus strategies, and tutorial videos. Some of this content is a picayune dated now, and it could benefit from being refreshed, in my stance. However, everything you need in order to get set up is in this members area, and some of the bonus content is helpful for absolute beginners who know little about the forex market place.
Support
From within the members area, you also have access to their customer support. Although many of my subscribers take purchased this EA and relish it, not many people take many good stories to tell about their support! It's probably the biggest negative of this production. If you lot demand billing support, that tin exist done through ClickBetter (who will take emailed you an order confirmation certificate). For anything else, you might be better checking if your question is already answered in the member'due south area FAQ or my FAW's higher up. Hopefully, you won't demand their support anyway, simply if you do, don't expect a swift response.
Forex Brokers
The GPS Forex Robot 3 will work well with any broker as long as they utilize MT4. Different brokers take very different services to offering, and you do need to consider factors such as whether or non they offering free MT4 accounts, where they are regulated if they accept customers from your country and the cost of trading (spread and swap rates). I have used GPS forex ea with multiple brokers, including FXChoice, FXPrimus and LQDfx. The suggested leverage for running the bot (according to GPS developers is 1:200, then your banker needs to offer this.
Setting Upwards The EA
Setting up this bot on MT4 is very like shooting fish in a barrel. If you've already fix expert advisors on MT4 in the past, so you will discover the process to be the same and only takes a few minutes to consummate. If yous've never washed information technology before, though, and so installation instructions are provided in the member'south expanse. Once yous have the EA installed on the currency pair yous want to trade with, you should see a smiling confront on the right-hand side of the screen, which ways yous're fix to trade. At this signal, you can load my settings if yous want to utilise them (I share my settings free of charge to those who sign up to the bot using my referral link). I explain how to load these settings on the free bonuses folio, then make sure you contact me, and so you take access to this page.
Personal Rails Record
We've already mentioned that on their sales page, GPS Forex Robot shows some of their own verified trading history using the bot. However, I accept published my own trading history and have found other 3rd party proof of exceptionally skilful profits using the GPS Forex Robot 3.
My total trading history is published here – https://www.myfxbook.com/members/TradeWise1/merchandise-wise-gps-ea/6186094
Even during extremely volatile markets, in which nigh traders were getting wiped out, my trading remained assisting. I have so far averaged about 8% per month and expect the returns to remain consistent now that I take institute the best settings. Many investors pay thousands of pounds to fund managers, independent financial advisors, brokers, and the like to earn them v-10% returnsper annum. This bot exceeds those returns quite considerably and is available for a fraction of the cost. Y'all should e'er remember that forex trading is high-risk, though, and your capital isn't ever safe, especially in the electric current worldwide economic state of affairs.
ForexPeacearmy reviews
There are some interesting reviews on forexpeacearmy for this production. Some of them are from people who clearly gave upwardly on the bot too soon without finding the best settings, but others are from people who have been getting consequent profits, equally I have. Perchance more importantly, though, FPA themselves take been running a live test of this bot for many years, and their tests are showing a 552.91% render! Come across here for more details – https://www.forexpeacearmy.com/forex-strategies/704/gps_forex_robot
It's very rare that FPA test bots, and getting such potent results goes to testify the quality of this EA.
Conclusions
A lot of people buy bots such every bit the GPS Forex Robot 3 and test it for a brusk time earlier writing a negative review and looking for the adjacent shiny object, buying that, and repeating the whole process over and over again. Some bots fail miserably when analyzing forex indicators or pulling out when their opposite trade starts losing.
Whilst it'due south true that many bots out there simply don't work in the long term, at that place'due south sufficient evidence to suggest the GPS Forex robot works and is, in fact, quite reliable in helping you get outstanding and stable profits. Based on my own positive experiences, I call back that anyone looking for an automated fashion of profiting from the forex markets should seriously consider information technology. My trading results so far have been excellent and consequent.
I hope you enjoyed this GPS Forex Robot Review. If you have whatever questions, delight post a annotate below. Thank you for visiting.
This review is for https://gpsforexrobot.com/
If yous enjoyed this review you lot might likewise similar our Yieldnodes review
Source: https://tradewise.community/gps-forex-robot-3-review-plus-free-bonuses/
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