Forex Breakout Genius makes around 400 pips per month by trading the GBPUSD currency pair with amazing accuracy. It examines the trend of the market prior to the European Session Open and places an order in the direction of that trend. Forex Breakout Genius uses a risk to reward ratio of 1:1. Once, Forex Breakout Genius has entered a trade, the robot manages the trade completely by placing a Take Profit level where the trade is closed in your favor and a Stop Loss to limit your risk. After the trade has moved in your favor by preset amount the Stop Loss is automatically moved to Break Even and a Trailing Stop is initiated to protect your profits as the trade nears its Take Profit level.
In this way the Forex Breakout Genius produced a historical win to lose ratio of 7:1 in 2010, simply amazing considering its risk to reward ratio of 1:1. The latest version also offers two levels of take profit! This robot has a feature that enables you to choose which days of the week the EA trades, this is useful if you want to avoid high impact news in the upcoming week.
Now Forex Breakout Genius Robot might not trade every day. If there is no apparent trend then no order is placed that day. In practice it averages four trades a week which usually nets over 100 pips. If you have a mini account you can set the Robot to trade $1 a pip and you will usually recover your investment in your first week of trading. If you have a standard account and set the Robot to trade $10 a pip you can recoup the purchase price in the first trade. It will often make $1000 a week profit.
The Forex Breakout Genius has an excellent money management feature that allows you to set what percentage of your account you wish to trade and the robot trades the correct amount, automatically increasing your lot size as you account grows. It also has advanced features to protect your trades after it has entered them. Three risk settings are available
* conservative 2%
* normal 4%
* aggressive 6%
You can try the Forex Breakout Genius RISK FREE for 30 days!