Greetings everyone. I must admit I’m a big fan of expert advisors (aka forex robots). They allow me to make money even when I don’t have time to trade manually. As such I make sure I’m “in the know” when new forex robots are made available to the public. The logical reason is that once in a while I do come across real gems. So I thought that perhaps you my dear reader would also like to be kept as up-to-date as me. Hence I’m thinking that from now on I shall make an announcement whenever a new forex robot is released.
Now permit me to begin my news releasing career by announcing the availability of a new commercial forex robot called USDBOT.
USDBOT was created by a fellow by the name of Mark Trenton. This is the first time I’ve heard of this guy, so I don’t think this EA is released by one of those “forex superstars” that keep on churning out EA after EA – trust me I would know as I’m on their mailing lists.
From what I can gather USDBOT is an EA that specializes in trading the USD/JPY pair. On their sales page they make some bold claims:
52.5% Profit ($524.70 NET) In 11 Days On A $1,000 Deposit
94% Profitable Trades.
LOW Drawdown – 0.33 %
Being a risk averse trader the low drawdown really appeals to me. Also it’s good to see that they’ve put up LIVE account performance results. Too many of these commercial EAs plaster a fancy backtest that shows their robot taking a small account into the hundreds of thousands range, yet when it comes to live market performance their robot falls flat on its face.
Well, I think that eventually I’ll bit the bullet and buy this EA as well – right after I buy another one called IvyBot (I’ll post something related to this one soon.)
The price of USDBOT is $149 – a little steeper than the typical $97 most forex robots sold on ClickBank go for, but what can you do, they ask what they ask.
Ok, I’m gonna get going cause I just got home from the gym and I’m exhausted. Thank you for your attention and for reading my blog.
To find out more details about USDBOT please checkout its homepage.
P.S. There is a forum thread dedicated to this EA over at the Forex Nirvana forum. Check it out by clicking this link.
Happy Trading!
Cheers,
Alan