FX Blaster Pro is a robot that is a quite known trading robot among the EA’s released in 2020. The presentation is featured by a myfxbook-widget based on the real account performance. The developers introduced it as a “Consistent and Profitable” expert advisor.
FX Blaster Pro has two packages: Standard and Advance. The Standard pack costs $299. It’s featured by a single real account license. The FX Blaster Pro advance costs $459. We can use the EA on three real accounts. We can rely on a user manual, fee updates, 24/7 friendly support, and a 30-day money-back guarantee.
FX Blaster Pro Strategy
- The system is based on three different unique stand-alone strategies that make EA keep getting smarter and smarter concerning the market.
- The EA trades AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, and USD/CAD.
- The system is based on Trend, Hedge, Grid, and Martingale strategies.
FX Blaster Pro Features
The presentation lacks robot features and settings explanations:
- The robot can work automatically on the terminal.
- The system is designed for trading on MT4.
- We EA doesn’t require human intervention.
- We can customize everything we need to improve the trading experience.
- FX Blaster Pro is a broker-free trading solution. We can pick any broker we want.
- The EA is consistently profitable.
- There’s a money-management system. Most likely, the EA calculates lot sizes automatically.
- There’s a recovery algorithm.
- Recovering means the robot requires increasing Lot Sizes to recover after significant losses. The Martingale strategy is exactly what they mean.
- The robot has protection from high slippage and high spreads.
- The money-management system covers all deals with SL and TP levels.
- We can run with different risk levels from low to mid, high, or combined. The developers don’t explain what ‘combined’ means.
FX Blaster Pro Backtesting Results
There are no backtest reports. It’s a huge disadvantage because we can’t be sure that they are real owners of the robot, and the system was well-tested on the past data before the robot was released.
FX Blaster Pro Trading Results
The robot runs a real USD account with high risk on the For Financial Services broker automatically. It uses technical indicators in trading from MT4. The leverage is set at 1:1000. The account has a verified track record. It was created on March 17, 2020, deposited at $1000, and never withdrawn. Since then, the absolute gain has become +238.98%. An average monthly gain is 11.63%. The maximum drawdown is acceptable – 8.24%. Twelve traders track the account.
The robot has closed 3193 deals with 511 pips. An average win is 10.55 pips when an average loss is -21.01 pips. The win-rate is 66% for the BUY direction and 67% for the SELL direction. An average trade length is three hours. The Profit Factor is 1.65.
FX Blaster Pro trades AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, and USD/CAD. The most traded currency pair is EUR/USD – 676 deals, but the most profitable is USD/CAD – $588.67.
The expert advisor focuses on trading during the European trading hours.
Wednesday is the most-traded day – 740 deals. The fewer traded days are Monday (583) and Friday (547 deals).
The EA runs the account with affordable risks to the account balance. For losing 10%, it has to lose 97 deals in a row.
As we can see, sometimes a Grid of orders is closed with significant losses.
FX Blaster Pro Reputation
There are no pages of FX Blaster Pro on Forex Peace Army and Trustpilot. It’s a significant disadvantage because we know nothing about if the people work well with it or not.
There are social network links that are still not fixed. They go nowhere.
At least, we know that our deal will proceed through Click2Sell.
FX Blaster Pro Review Summary
- Strategy – score (6/10)
- Functionality & Features – score (6/10)
- Trading Results – score (7/10)
- Reliability – score (8/10)
- Pricing – score (6/10)
Conclusion
FX Blaster Pro is a Trend, Grid, and Hedge robot that uses Martingale. Several months ago, there was a Lot Size column on myfxbook where we could see these insanely-high Martingale deals. Now, this data is covered by us. Trading results look average for this type of robot. We’d like to repeat once again – Grid and Martingale EAs can blow the account for a day.
