Forex Smart Bot has been developed by Steve Evans. Forex Smart Bot turned a deposit of $5,000 into $157,702.8. In another live account, it turned a deposit of $6,000 into $99,689. Steve Evans says that he is a full time forex trader with 20 years of trading experience. Forex Smart Bot is not a one line code EA. It is a pretty sophisticated hybrid robot that employs a mix of long, medium and short term strategies. Forex Smart Bot will adapt its trading strategy in accordance with the market condition. If the market is trending, it will use a trend trading strategy and if the market is ranging, it will use a range trading strategy so that your ROI is optimal.
Forex Smart Bot Uses Auto Associative Memory Algorithm
Forex Smart Bot knows what currency pair to trade and when. It has got the Auto Associative Memory Algorithm that helps it check the mood of the market and then pick the right short, medium or the long term strategy to trade. Intelligent risk and money management algorithm is build into it so that there is a max number of orders it can open at one time as well as the max allowable drawd0wn. In other words, Forex Smart Bot chooses the best currency pair to trade in accordance with the short, medium and the long term trading strategy and ten automatically decides the best trade settings.
There is a detailed Forex Smart Bot user guide as well as detailed manuals. There is a 60 days of no questions asked money back guarantee. So if you get interested, you can download Forex Smart Bot, go through the user guide as well as the other detailed manuals. Once you have gone through the user guide, install the robot on your demo account in accordance with the user guide instruction and then let it trade for a full month.
At the end of the month, check what was the return and what was the drawdown during the month. If you don’t get good results, return Forex Smart Bot and get a refund. In case you get good results, further test it on a live account with a small deposit of $500 using the risk setting of 1%. If you get good results with this risk setting of 1%, you can think about trading with Forex Smart Bot using a bigger deposit of $2K 0r $5K.