Saturday, July 21, 2012

RobinVol Ea - Just a clone of GrowthBot?

Good Day all, today let's talk about the RobinVol EA Forex System. This system is based on and similar to the GrowthBot Ea forex system with an added bonus. As we all know the GrowthBot trades the EurUsd breakouts and opens a basket of trades based on the volatility of the breakout. The bonus with this forex system is it will open positions after the breakout basket as the price feed begins to retrace in a channel. This is a nice addition to an already solid strategy.

The vendor of this forex system is well known in many forex forums around the internet and is well respected. He states that the strategy is a long term investment as long drawdown periods are likely. His website is full of informative information like backtests and statistical analysis that is really nice to see. I believe this to be a solid system if you can withstand losing about 55-60% of your trades while "waiting" for some really big moves in the market. The vendor is really dedicated to his craft.

The cost of this forex system is quite high at $395 and then $195 for subsequent years thereafter. The vendors LIVE account was set up with a substantial amount of equity which means he is very confident in his system, see below. If anyone has experience with this system let me know!

UPDATE 10-4-2012 RobinVol 2.0 Is now available which includes the following:
- Improved profitability for strategy 2 whilst also lowering the risk.
- Improved position sizing algorithm
- Implementation of suggestions from our current users.

Robin VOL V2 Live account widget click below