Popular, profitable with trade confirmation on MyFxbook, FOREX GUMP EA-deserves attention and a place in your portfolio of Forex trading robots. Let’s conduct a FORREST GUMP EAreview so that you properly understand all the pros and cons of this expert advisor.
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FOREX GUMP EA review
So, FOREX GUMP EA is one of the successful grid robots that trades both ways at the same time (on BUY and SELL) and applies partial locking of unprofitable positions. This is not to say that this trading robot is the grail. On the official monitoring of FOREX GUMP EA MyFxbook, he earned more than $ 65,000. However, at the same time, the expert advisor entered a trading drawdown, which reached more than 60% of the deposit amount. This is a floating drawdown that has been building up over a long time of FOREX GUMP EA operation. And this is the main disadvantage of the trading robot – it earns as quickly as it increases floating losses on the trading account!
FOREX GUMP EA MyFxbook monitoring
Two years of working on a real account, more than 2600% of the profit!
The EA trades on the M1 timeframe. At the same time, it is a multi-currency trading robot that can enter into transactions simultaneously on such currency pairs as: AUDUSD, EURCHF, EURGBP, EURJPY, GBPUSD, USDCAD, USDCHF, USDJPY, EURUSD.
Multicurrency significantly improves and diversifies the Expert Advisor’s trading results and allows its trading account to grow faster and more smoothly. You can independently evaluate your progress in the monitoring above. It looks beautiful!!
Monitoring FOREX GUMP EA MyFxbook suggests that this expert Advisor is capable of long-term trading. Yes, it works with a floating drawdown, but this drawdown grows more slowly than the increase in net profit on the trading account. The average profitability statistics of this robot is as follows:
+ 2.5% per week and about 10% per month. These are quite high indicators and considering that the trading adviser shows them for the last 2 years, it is quite stable! Recall that during the official monitoring of FOREX GUMP EA earned more than 2600% of the profit!!