Directional Forex Robot is said to be a fully automated system that trades large and reliable trends on your charts. It capitalizes on huge movements of pips daily to make profits from them. This, the vendor admits, leads to a solid long-term performance.
The features of this robot are outlined below:
- It has adjustable text and color objects.
- It includes a built-in automatic management.
- The system works on all currency pairs and timeframes.
- It has optional trailing stop loss capabilities built-in.
- The EA runs on the MT4 terminal.
- The robot works with 4 or 5 broker digit pricing automatically.
- You can close any trade manually without disrupting the EA.
- It incorporates all custom indicators, templates, and expert advisors.
- The inputs such as “applied price types” and “moving average modes” can be modified by the user.
The current retail price of Directional Forex Robot is $49. This is after the vendor slashed its price by 75%. A money-back guarantee is not included in the package.
This EA is the creation of the Forex Robot Trader (FRT) Company, which was founded by Don Steinitz. Over time, the company grew to include several highly qualified programmers that are very gifted and knowledgeable about the mql, a code that is usually used to write Forex robots. The team has developed several other products which include, but are not limited to Odin, Vader, Reaper, Hedge, and Volatility.
According to the vendor, this robot relies on the Heiken Ashi Smoothed (HAS) indicator, but when it comes to placing buy and sell orders, totally different algorithms are applied. Essentially, the EA waits for trends to develop on multiple timeframes prior to entering the market. This means that it places trades in the direction of the underlying trend(s) and stays in till the trends begin reversing.
Directional Forex Robot lacks backtest results. Without this data, it is difficult to predict what kind of outcomes the algorithm will produce in the long-term.
Though live trading results are available, they are not verified. The vendor has posted several statements illustrating the alleged monthly performance of this robot. Let’s take a look at the results for January 2022.
As you can see, the data is presented in a backtest-like format. The robot has made a profit of $9484.60, which is quite large and unrealistic, given that the period of trading is two weeks. Subsequently, the account has accumulated a balance of $3957310.47 from years of trading.
Based on the drawdown (0.01%), the EA hardly engages in risky trading. Out of the 116 trades completed, 78.43% of the short positions and 80% of the long ones have been successful. The average profit trade is $127.19, whereas the average loss trade is -$92.38.
Though we could not find user reviews for Directional, the parent company (FRT) has a page on FPA. Here, numerous clients have narrated their experiences with its different products. Sadly, many of these traders have nothing good to say about the robots. As such, they complain about losing their money with these systems.