Forex Gump EA Review [2020]

For today’s post, we brewed a detailed and honest review on another forex robot and named it “Forex Gump EA Review [2020].” While collecting information about this forex software, we are amazed by the unique features and user-friendly details of this forex software. However, there were also a few areas in which vendors could have performed better. But it is how it is.

Without talking any further, let’s disclose this information to you so that you decide whether you want to bring it home or not. Let’s kick-off.

What is Forex Gump EA?

Forex Gump is an automated expert advisor tailored to enhance your forex trading experience. It was established in 2017. The vendors claim to design it in a minimalist manner so that everyone can prosper using it. The main motive of putting this software to life is to yield maximum profits using an innovative trading strategy.

So do you want to know whether the developers won this goal or not and what is that innovative strategy that works behind this software? Then you will have to keep reading to the bottom.

Makers Of Forex Gump EA

After conversing about the robot of the day in this Forex Gump EA Review, it is essential to talk about the person operating behind it.

The man behind this software is called Andrey Kozak. However, the highlightable aspect here is that Andrey has already published around 44 products on the MQL5 marketplace, some of which are under the same moniker that is “Gump.” This detail boosted our confidence on forex Gump, and our suspicions on it being a scam cleared off to a certain level.

The developer Andrey Kozak lives in Ukraine. If being honest, these details would have made more sense if found on the official website of this robot. But unfortunately, like many other forex robot vendors, they are also not willing to tell us about the details of their developers. That’s why we had to look for these important details online. What can be the possible reasons behind this unprofessionalism?

forex gump ea

Trading Strategy Of Forex Gump EA

In this section of Forex Gump EA Review, we will look closer at the strategy of this software to assess whether it is reliable or not? Although the official website of vendors doesn’t inform us much about the trading strategy. But for this review, we compiled every kind of minor and major detail you must know.

If we name it, we can call this strategy a high-frequency scalper strategy. One minute time chart of this software also suggests it. Trendy candles and news filters are the climax features of this expert advisor. Don’t know what these terms mean? Don’t worry. We will explain.

Trendy Candle refers to a technique in which a robot trades candlesticks by relating the nearest bars and volumes and then triggers positions with that data. News filters save you from losing profit due to the volatility in the result of high impact news.

Forex Gump EA keeps working 24/5. It runs on the MetaTrader 4 platform. It supports nine currency pairs. These are AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF and USDJPY. With this robot, you also have the power to customize. You can customize it to High, Middle, and Low settings.

Pros And Cons

We have some other good news for you in the pros section of this review.

Pros:

  •  The prices are affordable.
  • Vendors claim that along with their algorithm, this robot has a high profitability indicator.
  •  It keeps checking the opportunities of lucrative trades consistently.
  • It is entirely automated.
  •  It also has a take profit feature.
  • This robot keeps adjusting it as per the changing situation of the forex market.
  • You can trade with it for as low as $40 on a micro cent account.
  • This EA works in a calculative environment with no human emotional instability or
    negative consequences involved.
  • The extraordinary settings of Forex Gump EA preserve you from losing moolah even if
    the system crashes.
  • Easy to use and install.
  • You can enjoy yourself and let the system do profitable trade for you.

Cons:

  •  No backtests on the official website of Forex Gump EA.
  •  Officials have not updated this system since launch.
  • The website has no information about developers or strategy.

Trading Results and Client’s Feedback

You can see a few trading results on the site of Forex Gump EA. These results tell us that this EA is a success with a total return of over 2000%. While according to the client’s feedback on different sites online people have mixed opinions. Some users gave it 5-star ratings while others don’t seem to be happy with it. This confusing kind of feedback urges us to give it a try ourselves to watch everything crystal clear. But be careful and don’t take significant risks.

Pricing and Packages Of Forex Gump EA

Of course, Forex Gump EA Review would be incomplete without informing you about its prices and packages. Therefore below, we will discuss the pricing of Forex Gump EA.

The sellers have two types of packages for you. You can pick the one you like. So the surprises are still not finished. The next surprise is that both pricing plans have a 30 days money-back guarantee.

The first package is for €199. The features of this package are.

  1. One live account
  2.  One demo account.
  3. Full support 24/7.
  4. Free updates.

The second package can cost you €399. The features are

  1. Three live accounts.
  2. Unlimited demo accounts.
  3. Free support 24/7.
  4. Free updates.

Conclusion Of Forex Gump EA Review

We will wrap up this post with the final verdict that although the vendors didn’t elaborate the algorithm on which this EA works. But the features and fantastic user experience makes this a bot a must-try. So will you buy it? Is this the best forex robot?

In the end, please leave a comment for us on our best mt4 indicators blog if you have any questions or concerns. We will help. Also if you have already used it or planning to use it in future don’t forget to update us with your feedback because your feedback matters. Until next time, keep generating profits!

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