Forex Gale Robot turned a deposit of $10,000 into $46,690.46 in 102 trading days. Forex Gale made a monthly return of 26.5% with a profit factor of 1.38. The weekly return was 5.8%. You can take a detailed look at the Forex Gale third party verified account statement posted on MT4i site. Forex Gale has an inbuilt high spread and slippage protection plus an inbuilt stealth mode that hides the take profit and stops from the broker.
Forex Gale Robot is a trend trading robot and not a scalping robot. It has got 3 strategies that you can trade either individually or together. If you want to trade only 1 strategy, you need at least $500 in your account and if you want to trade the 3 strategies together, you will need at least $1,000 as equity in your account. Forex Gale EA trades on the 6 pairs EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF and USDCAD at the same time whether you use 1 strategy or the 3 strategies together. The recommended broker is Alpari. You can use medium or low risk settings to reduce drawdowns.
MT4 Strategy Tester only backtests one currency pair at one time. Since Forex Gale Robot trades all the 6 pairs quoted above at the same time, backtesting this EA is not possible. However, forward testing this robot on a demo account is a good idea before you decide to trade live with this robot. Forex Gale EA comes with no questions asked 30 days money back guarantee period. So what you should do is forward test this robot on three different demo accounts using Strategy 1, Strategy 2 and Strategy 3 separately. You can use all the 3 strategies together also. At the end of the month, make a decision whether you want to further test this robot or go for a refund. Always make it a rule to test an EA thoroughly before you decide whether you want to trade live with it. Testing helps you get familiar with the working of the robot as well as you also can figure out if this robot is worth trading on a live account.