GPS Forex Robot Review 2023

Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 21, 2023
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In a nutshell: GPS Forex Robot is an advanced forex trading system developed by Mark Larsen and his team of two programmers in 2010. Inspired by the functionality of a GPS navigator, this expert advisor (EA) is designed for the MetaTrader platform, making it accessible for forex traders of all experience levels.

The core principle behind GPS Forex Robot is simple: it aims to predict short-term market movements with remarkable accuracy. Just like a GPS navigator in your car predicts the best route, the GPS Forex Robot aims to navigate the complex world of forex trading by predicting short-term market movements with a very high probability. In fact, the developers claim that it is right about 98% of the time.

But what about the other 2% of the time? This is where GPS Forex Robot truly stands out. In the rare instances where the initial prediction is incorrect, the robot employs a unique reversal-based money management system. It instantly opens a trade in the opposite direction to cover the small loss, which is a great advantage in the ever-changing world of forex trading.

The GPS Forex Robot 3, the latest version of this expert advisor, comes with several advanced features. It is compatible with three currency pairs – EURUSD, USDCHF, and EURGBP. In addition, it doesn’t restrict you to any specific trading timeframe. Simply download the robot, attach it to your charts, and let it take care of placing and managing trades for you.

This GPS Forex Robot review offers an in-depth assessment of the tool to assist you in determining whether it aligns with your trading requirements.

Service TypeFees
Forex Trading Bot$149
Pros & Cons
Pros
  • Backtests provided
  • Real account trading results
  • Low price
  • 60-day money-back guarantee
  • Compatible with most brokers and various devices, like Mac OS
Cons
  • An extremely low frequency of open trades
  • Just a few currency pair to work with

What is Gps Forex Robot?

GPS Forex Robot is a forex trading robot designed for the MetaTrader platform, suitable for forex traders of all experience levels. Inspired by GPS navigation, the robot predicts short-term market movements with high accuracy.

The standout feature of the GPS Forex Robot is its ability to predict market shifts with an estimated 98% success rate. In the uncommon instances when a prediction is off, it employs a unique reversal trade strategy, opening a trade in the opposite direction to minimize losses.

The latest version, GPS Forex Robot 3, offers advanced features. It works with three currency pairs and doesn’t require a specific trading timeframe. For a one-time fee of $149, users can access this powerful tool, compatible with most brokers and various devices.

What sets GPS Forex Robot 3 apart is its adaptability. It continuously adjusts its settings based on current market conditions, using a combination of technical indicators and price action. This flexibility is essential in the dynamic forex market.

How does the GPS Forex Robot 3 work?

The GPS Forex Robot 3 uses a combination of technical indicators and price action to predict short-term market movements with remarkable accuracy. It aims to predict market shifts with an impressive 98% success rate. In addition, it employs a reverse trade feature to cover the rare instances when a prediction is off. It continuously adjusts its settings based on current market conditions, and its latest version operates at a speed four times faster than its predecessors, allowing for more precise and accurate trades. You can check out the tool using this link.

GPS Forex Robot 3 Features

The GPS Forex Robot 3, the newest version of this expert advisor, offers a number of improved features. These features are tailored to enhance trading experiences and improve profitability.

High Probability Trades

A standout feature of GPS Forex Robot 3 is its ability to predict market movements with remarkable accuracy. With a trading history marked by success, it relies on forex indicators and other tools to forecast future market trends with a 98% success rate. Moreover, for the rare 2% of trades that may not go as planned, a reverse trade feature has been incorporated, which triggers a trade in the opposite direction based on certain market conditions, helping to preserve profits.

Faster Trading

Notably, the latest version of this profitable robot operates at a speed four times faster than its predecessors. This increased speed allows for more precise and accurate trades, further enhancing trading outcomes.

Demo Trading Account

A helpful feature for traders, especially those new to the forex market or trying out new strategies, is the inclusion of a demo trading account. This allows users to practice with virtual money, reducing the risk associated with real trades. The demo account feature provides a safe and risk-free environment to test new strategies and see their potential results without any actual monetary loss.

Adaptability

An innovative function has been added, enabling the GPS Robot to dynamically find the most optimized settings for the current market conditions and apply them in real trading. This feature enhances the robot’s adaptability to fluctuating market conditions.

Enhanced Profitability

The GPS Forex Robot 3 has been designed to be twice as safe and significantly more profitable. It incorporates a new feature that employs a trailing Take Profit, when deemed necessary, for better trade management.

Customization

The new version of the robot provides users with the flexibility to modify primary parameters, allowing for customization to better suit individual trading styles.

Ease of Installation

The installation process for the GPS Forex Robot 3 is straightforward and user-friendly, making it an accessible tool for traders of all experience levels.

This comprehensive set of features, combined with the trading tool’s impressive track record, makes GPS Forex Robot 3 a compelling option for traders looking to optimize their trading strategy and boost their trading success.

GPS Forex Robot 3 Performance Insights

The GPS Forex Robot 3 developers have made a commendable effort to showcase its performance through verified Myfxbook accounts. This level of transparency is a positive sign for potential users who are considering this trading tool. By providing access to these accounts, the developer gives traders an opportunity to see the EA’s real-time performance, offering a clear view of its capabilities.

The key metrics available, including gain, drawdown, profit factor, and trade duration, give a comprehensive overview of the robot’s performance.

Below is one of the remarkable results in a real-money account, showcasing the true potential of this trading tool. Since its inception in May 2012, with an initial deposit of $100,000, this verified Myfxbook account has witnessed an impressive growth to nearly $700,000 over the years.

Back Test

The developers of the GPS Forex Robot 3 provided backtested results to offer insights into the robot’s historical performance. These results serve as a testament to the product’s potential efficacy and offer prospective users a chance to gauge its possible impact on their trading strategies. By sharing backtested results, the team behind GPS Forex Robot 3 demonstrates transparency and a willingness to help traders make informed decisions about incorporating the robot into their trading routines.

GPS Forex Robot Price

The GPS Forex Robot 3 offers premium trading assistance at an accessible price point. For a one-time fee of only $149, users can unlock the full potential of this powerful trading tool. The reasonable pricing makes it an attractive option for both novice and experienced traders seeking to enhance their trading strategies. With its impressive track record and proven performance, the GPS Forex Robot 3 represents a valuable investment for those looking to navigate the complexities of the forex market with confidence.”

GPS Forex Robot 3’s 60-Day Money-Back Guarantee

This trading tool comes with the assurance of a 60-day “Explodely” money-back guarantee, providing ample time to assess its performance thoroughly.

During these 60 days, users can evaluate the robot’s effectiveness in trading the forex market and generating profitable trades. With this risk-free guarantee, potential users can comfortably explore the GPS Forex Robot 3’s features and determine whether it aligns with their trading objectives.

Customer Reviews of GPS Forex Robot 3

The GPS Forex Robot 3 has received a mix of reviews on Trustpilot. While many users have expressed excitement about the robot and have shared positive experiences, some users have voiced dissatisfaction with the product and have raised concerns. However, it is noteworthy that the team behind GPS Forex Robot 3 has made efforts to address and respond to many of these issues raised by customers.

Is the GPS Forex Robot 3 Suitable for Your Trading Needs?

If you’re in search of automated trading software that can take over the manual trading tasks you would otherwise handle yourself, the GPS Forex Robot 3 might be a good fit for you. Although the frequency of trades isn’t high, the software is known for its accuracy in predicting short-term movements in the forex market. So, if you’re interested in an expert-backed trading system that operates quietly in the background, the GPS Forex Robot 3 could be a strong contender for consideration.

GPS Forex Robot Review – Final Thoughts

The GPS Forex Robot is a great trading tool that has captured the attention of many forex traders since its inception. Its unique approach to predicting market movements with high accuracy makes it stand out in the world of automated trading systems. The robot’s key selling point is its ability to forecast market shifts with an impressive 98% success rate. Additionally, its reverse strategy feature effectively covers the rare instances when a prediction is off, providing an added layer of security for traders.

The latest version, GPS Forex Robot 3, offers advanced features that cater to both novice and experienced traders. It works with three currency pairs and offers the flexibility of not being tied to any specific trading timeframe. Moreover, its adaptability to current market conditions is a testament to its advanced technical capabilities. The developers have gone the extra mile to provide traders with a comprehensive set of features aimed at enhancing their trading experiences.

With a one-time fee of $149, the GPS Forex Robot 3 is reasonably priced, making it accessible to a wide range of traders. Furthermore, the 60-day money-back guarantee ensures that potential users can evaluate the product thoroughly before making a long-term commitment.

The robot has received mixed reviews on Trustpilot, with some users singing its praises while others have expressed dissatisfaction. However, the responsive customer support is a positive sign, as it shows that the team behind the robot is actively engaged in addressing users’ concerns. If you’re in search of a sophisticated yet user-friendly trading tool, the GPS Forex Robot 3 might be worth considering. Click here to get instant access to the robot.
Learn More About Gps Forex Robot

Frequently Asked Questions

If the robot’s initial prediction is incorrect, it opens a trade in the opposite direction to cover the small loss, effectively minimizing losses when a prediction is off.

The GPS Forex Robot 3 developers offer a verified Myfxbook account to display its real-time performance. Users can access these accounts to view the robot’s actual trading results.

The robot works with three currency pairs – EURUSD, USDCHF, and EURGBP.

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Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.