HAS Forex Robot is a trading solution that has a simple presentation that includes some product explanations but lacks backtest reports and trading results. The main claim informs us that the system seeks for huge trends running 8 time frames at once.
The original price of the system was $199 for a single real account copy. We have a current price discounted–$49.00 (75% OFF). The presentation doesn’t include mentions about what features the package includes. So, most likely, we have no refunds.
HAS Forex Robot trading strategy
- The system is a trend-based trading solution that works based on a HAS indicator.
- We have no mentions about the currency pairs.
- It works with eight time frames at once.
HAS Forex Robot features
There are various details about the system explained. So, we gathered them in the following list.
- The advisor can help us with completely automatic orders execution.
- We can work through the MetaTrader 4 platform.
- The robot receives data from the “Heiken Ashi Smoothed” (HAS) indicator and “MTF HAS Bar Lower A” and “MTF HAS Bar Lower B” to build a tunnel of the price move.
- It shows as a red dot in the middle of a blue square or a blue dot in the middle of a red square.
- The system can provide us with data about changing volatility.
- It shows how strong or weak the price movement is.
- The body of the candle is calculated from the open and the close price and the wick is calculated off of the high and the low of price.
- If the price goes wildly the HAS candle will have a higher body.
- The higher the wick and shorter the body the more likely to see a change in direction of the market.
- Every single time frame has its own structure.
- The higher time frames overrule the lower time frames.
- So, the lover times frames work based on the connection with the higher time frame structure.
- The support and resistance levels from higher time frames influence the price on the lower time frames.
- If the trend was created by the next time frame it was a good idea to place an order on the lower time frame.
- The developers tested the system based on 50 or 100-day trends.
- If we trade trends on the H1 time frame, we have to take into account the H15 time frame.
- Every time frame has unique support and resistance levels.
- The relationships between price levels and profit targets are calculated with Fibonacci ratios and the principles of Gann.
- If a trend that appears on a weekly chart could have been seen first on the daily chart.
HAS Forex Robot Backtesting Results
We don’t have backtest reports published either. So, the presentation doesn’t tell us about how well the system was tested and what results it could manage to receive. It’s a core disadvantage because we don’t know the statistical details like a win rate, drawdowns, accuracy, profitability, trading frequency, and so on.
HAS Forex Robot live trading results
The presentation includes a report for every month generated. From the account number, we may note that this account isn’t real. Anyway, the professional robot designers post their trading results verified by Myfxbook, FxBlue, MQL5 or FXStat.
The account balance has $6,101,303 on the board. There was no maximal drawdown, win rate, profitability, and recovery factor data because the advisor hasn’t lost any order. Of course, this doesn’t look real. The robot has traded 145 orders where 80 of them were executed in the short while the rest were executed in the long direction.
HAS Forex Robot reputation
The company has created a page on Forex Peace Army. There are 270 testimonials published from former clients. This formed a rate of 2.262.
Clients inform us that the system doesn’t act properly and the best possible way to work with it is just simply avoiding the trading solution from this company.
HAS Forex Robot review summary
- Strategy – score (4/10)
- Functionality & Features – score (3/10)
- Trading Results – score (1/10)
- Reliability – score (2/10)
- Pricing – score (4/10)
HAS Forex Robot is a trading solution that doesn’t execute orders on the demo or real verified account. The presentation includes only general explanations about the strategy behind the system. We don’t know details about features like money-management systems, risks, managing drawdowns, and so on. Also, people warned us from using this robot in their testimonials written on Forex Peace Army.