Directional Forex Robot is a fully automated Forex trading system that claims to locate major and reliable trends on your trading charts. As per the vendor’s claims, the EA generated a total profit of $39,708 in the last 30 days.
You can purchase this EA for only $49. It is much cheaper in comparison to the other expert advisors available on the market. The original price is $199, but the vendor is currently offering a discount of 75%. Unfortunately, the vendor does not entertain refund requests.
Directional Forex Robot trading strategy
For making its trading decisions, this robot uses the Heiken Ashi Smoothed indicator. Before making its entry, it stands by for trends to develop in several time frames. It places trades in the direction of the trends and maintains this approach until there is a reversal.
For identifying individual orders, it uses magic numbers. The vendor claims that by keeping the orders separate, the EA can maximize ROI while smoothing the equity curve in the trader’s portfolio. Directional Forex Robot can easily detect the start of prospective trends and stay for the entire duration of the trend. You can use this system in tandem with other robots built by the same developer as well as third-party services.
Directional Forex Robot features
This is a robot that is compatible with all Forex currencies and works on all timeframes. You can run it on the Metatrader 4 charting software. It functions with 4 or 5 broker digit pricing automatically.
When you purchase the EA, you get access to all the templates and custom indicators. It is possible to terminate a trade manually without causing any disruptions to the system. For risk management, the system uses trailing stop loss. Also, it has automatic money management capabilities, which means it can adjust the size of the trading lot based on your account balance.
The user has the freedom to adjust the inputs fed to the EA, such as moving average modes and applied price types. They can also adjust all color and text objects.
Directional backtesting results
It is a common practice for EA vendors to test their systems using historical data. They test the robustness of the system by pitting it against different market scenarios. Since the tests are conducted with several years’ worth of market data, we can get an idea about the robot’s long-term performance. Unfortunately, the vendor has not shared the backtesting results for this expert advisor.
Directional live trading results
There are no verified trading accounts for this robot on websites like FXBlue, FXStat, or Myfxbook. The vendor has shared the monthly trading results on the official website. Here we have the results for the month of February 2022. As you can see, the EA has conducted 244 trades through this account, winning 73.77% of them and generating a total profit of $21,173.30. The win rate is quite high compared to other systems and the profit factor is 4.76.
For this month, the robot has a relative drawdown of 0.01%. This tells us that it does not use risky trading strategies. There have been 10 maximum consecutive wins and 3 maximum consecutive losses so far in February.
Here you can see the recent trades conducted by the robot presented in tabular format. The EA trades with a fixed lot size of 1.00 changing the take profit drastically based on the order. These results also show us the opening and closing price, opening and closing time, commission, taxes, swap, and profit.
Directional Forex Robot reputation
The parent company behind this robot is known as Forex Robot Trader. It is the brainchild of Don Steinitz, a former gambler based in Las Vegas. He claims to work with expert MQL programmers, but we don’t know their identities. The vendor has not shared any contact information. Other robots from this developer include Odin, Vader, Ganon, Falcor, and Reaper.
At this moment, there are no user reviews for this expert advisor on third-party websites like Trustpilot, Quora, Forex Peace Army, and Myfxbook. This indicates a lack of reputation.
Directional Forex Robot review summary
- Strategy – 4/10
- Functionality & Features – 5/10
- Trading Results – 5/10
- Reliability – 4/10
- Pricing – 6/10
Directional Forex Robot is one of the cheapest expert advisors in the market. However, it suffers from a lack of vendor transparency. The vendor has not shared the verified trading results for this system. Also, we don’t have any authentic user reviews that could tell us about the general experience of customers with this robot.
