The Robbery 1.0 Forex Robot is a type of automated trading software designed to analyze market trends and make trades on behalf of the user. This robot is specifically programmed to identify profitable trades in the Forex market, using a combination of technical indicators and algorithms to make informed decisions. The Robbery 1.0 Forex Robot is designed to be user-friendly, allowing even novice traders to take advantage of the Forex market's potential.
: Available in standard and non-hedge formats upon request from the developer. Cost : Historically listed at $99 USD on the MQL5 Market .
Unlike the infamous "Martingale" robots (e.g., Forex Infinity), Robbery 1.0 does not double the lot size infinitely. It caps at 3 hedge levels. Level 1 = 0.10, Level 2 = 0.20, Level 3 = 0.40. If Level 3 fails, it triggers a hard Stop Loss at -50 pips. This prevents total account wipeout. robbery 1.0 forex robot
However, as with all things in life, Robbery 1.0's winning streak couldn't last forever. A series of unexpected market events, including a surprise interest rate hike and a geopolitical crisis, led to a sudden and severe market downturn.
However, veteran traders know that backtests for Grid systems are notoriously optimistic. Backtests assume infinite liquidity and zero slippage. In reality, during high-impact news (Non-Farm Payrolls), the 6-pip TP often turns into a 20-pip loss due to slippage. The Robbery 1
In the high-stakes world of Forex trading, where millions of dollars are won and lost on decimal-point movements, the names of trading robots often lean toward the aggressive. However, few names are as polarizing—or as memorable—as the .
: Start with a small account and follow the "2% rule," only risking a small portion of your capital per trade. www.ig.com : Available in standard and non-hedge formats upon
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The Forex robot is an Expert Advisor (EA) developed by Serhii Tymchenko , originally published in December 2021 for the MetaTrader 4 (MT4) platform. It is designed to capitalize on short-term market movements following periods of consolidation. Core Strategy and Mechanics The robot uses a breakout strategy based on price impulses:
The default settings are hyper-aggressive. Change the following: