Today, we’d like to talk about a well-known scam-like company called FRT.
Here, we can see a “brutal” message to every person who visits the site and, of course, every EA of them has its own totem creature. For Odin is a bear.
The next we see are the numbers that aren’t connected to reality.
There are several photoshopped screenshots of the chart with fake pips gained. Why is this fake? We see that it’s a EUR/JPY H1 chart. The EA details show that it’s the M30 time frame. So, EA details were photoshopped on this screenshot.
The second from the six screenshots looks the same.
The presentation also includes that statistic. Everything’s unclickable, so we don’t know what data was behind this chart.
The vendor asks just for $129 for it. The price includes 35% OFF.
Odin Forex Robot Trading Strategy
There’s a grid strategy behind the system. First, we don’t know any grid-based legendary EA across the web. Second, the grid can’t be a self-contained strategy. There’d be an additional strategy with which the Grid one should be paired. Of course, the developers tell nothing about it. This fact doesn’t increase the level of trust because Grid is scary, but Grid plus a strategy we don’t know is twice scarier.
The robot looks for every price movement. After that, it checks little time frames to notice trading opportunities. Analyzing this, it finds the best Entry and Exit Points.
Odin Forex Robot Features
Let’s talk about its features:
- The robot is a fully automated trading solution.
- It has a “legendary” grid-based strategy behind the system.
- There’s broker protection that allows covering Stop Loss and Take Profit levels and protecting us from High Slippages and High Spreads.
- Odin is a number-one-choose for professional traders. (it’s a good joke).
- We can optimize many settings we want.
- The robot trades over 20 currency pairs.
- There’s a quick and simple installation.
- The user guide and manual are provided.
- It can work with any account size as well as a type of account.
Odin Forex Robot Backtesting Results
There are no backtest results. The developers decided not to provide us with them.
Odin Forex Robot Fake Trading Results
These most-likely photoshopped screenshots for every past month the vendor introduced as real account trading results. The short look will be enough to catch the fact that the person who has $16,59M on balance simply doesn’t need to sell his or her EA. It’s nonsense, right? Right. The “results” have 26.03 of the Profit Factor. The maximum drawdown was $264, so it was around 0%. The win-rate for Shorts was 94.68% and for Longs was 95.03%. The robot performed 1109 trades, where 1052 of them were profitable. An average win-streak was 19 trades in a row.
Odin Forex Robot Reputation
As it should be, there are some positive testimonials from clients or fake ones.
Frankly saying, we were shocked by how many reviews there are. The robot has a 2.24-star rate based on 268 testimonials.
People said what we said. These trading results aren’t connected to how the EA performs on demo or real accounts.
It’s another robot, and it doesn’t work as well.
So, now we know that the default settings from the package have no Stop Losses.
We had the same thoughts looking at the data, but people have to waste money to understand that.
It’s so typical when EA doesn’t work properly – the developers blame brokers.
Odin Forex Robot Review Summary
- Strategy – score (0/10)
- Functionality & Features – score (0/10)
- Trading Results – score (0/10)
- Reliability – score (0/10)
- Pricing – score (0/10)
Conclusion
Odin is a 100% scam. Everything we know about it is just that it uses a grid strategy and there’s broker protection. There are no backtests, 3rd-party verified real or demo account trading results, strategy explanations, symbol info, risks preferences, ECN requirements, broker suggestions, and so on. Forex Peace Army shows how many people were frauded by this company that sells various robots that do the same – waste people’s accounts.
