Forex Trading Alert Robot is a piece of Forex trading software by Chris Dawn that is said to automate the trading process.
What does the product offer?
According to creator Chris Dawn, Forex Trading Alert Robot is easy to use with a “dummy-proof” interface and is fully compatible with meta trader 4. He also claims that Forex Trading Alert Robot is able to make investments (as opposed to “gambling”) and that the automated nature of it means trading can be carried out 24 hours a day. Forex Trading Alert Robot has a claimed 85% profit reliability “built right in”. A part of this is that Forex Trading Alert Robot is allegedly able to evolve and adapt depending on the current marketing conditions. As well as the main software there is a bonus product in the form of Forex Trading Alert Advance Linear Regression Robot which Chris Dawn says “turbocharges” your money making potential.
How does the product work?
For all the slick talk there is very little in the way of tangible information about how Forex Trading Alert Robot works. Chris Dawn says that it uses proven trend following algorithms as well as using fixed calculated stop loss and take profit parameters. This all sounds well and good but the lack of solid information is somewhat disappointing.
What is the initial investment?
Forex Trading Alert Robot is available for a limited time offer of $65 which represents a discount of over 45% of the normal sale price which Chris Dawn says is $149. This discount is allegedly only available for 500 licenses after which the price will go up. Forex Trading Alert Robot also comes with a 60 day money back guarantee as the product is sold through ClickBank.
What is the rate of return?
There is no explicit rate of return for Forex Trading Alert Robot but they do show lots of enticing trades which show profits of anywhere between $140 and $3,600 profit per trade. These would likely prove to be the exception rather than the rule.
Conclusion
There are so many different Forex trading bots out there that it can be difficult differentiating one from another, especially because they almost all follow the same sales spiel practically word for word. At the end of the day Forex Trading Alert Robot just doesn’t do enough to stand out from the crowd. I’m always cautious about any trading robot that claims it is fully automated, even when it is allegedly able to adapt and evolve. That aside if you are looking for a reasonably priced Forex robot then you can probably do worse. The one thing that Forex Trading Alert Robot does have going for it is the reduced rate price which is very competitively priced.