Today, we’re going to tell you about a brand new robot called Arbitron. Having gone to the official site we see the video with the “joke” caption like: “We’re suggested OMG (!) 21000% monthly profit”.
We usually don’t believe in ads like this.
So, what’s up with the robot.
There are some screenshots from which we don’t know has it been a real USD account or demo one, etc.
The screen of 3 months performing is nothing in selling trading robots. Usually, devs provide over one-year data about a robot’s performance on the real account.
Arbitron Forex: To Trust Or Not To Trust
The devs applied Arbitrage technology to let the fx robot find the best way to get in trades. “Latency arbitrage trading is a type of trading where the trader uses special software to compare a fast price feed with a slow price feed broker.
When the price on the fast feed is higher than the price on a slow broker it creates a buying opportunity. When the price on the fast feed is lower than the price on a slow broker it creates a selling opportunity,” they described the patterns.
The next chapter tells us about common arbitrage myths across the traders.
The forex robot provide well-designed run automatically pricing system which can be stopped if needed. The price feeder connected to Arbitron and run on the MetaTrader 4 platform.
Arbitron is fully-automated, can suit every brokerage company, gets premium price feed, cloaking module, support and, as well as, the money-back guarantee system.
Not impressive trading results
Arbitron is run on many accounts. Some of them are demos, the rest real ones. Let’s take a look at one of them.
It was a real USD account used FXPrimus as a brokerage company, traded with 1:500 leverage on the MetaTrader 4 platform.
The account has been started at the beginning of September 2019 and ended in the same month. The daily gain was 1,28%, the monthly gain was 271,16%, with low drawdowns (16,63%).
So, results are great, and there were no reasons to stop the robot if only the devs have been afraid of their patterns would stop working in several months.
We don’t know is the robot that good in December 2019.
The robot performed 299 trades and 881 pips. The average trade length is extra small and equals 2 minutes. The win rate for longs is 52%, for shorts 47%. Even with this rate profit factor was very solid and equals 2.53. It can mean only one the money management system worked very well and stopped lose deals ASAP.
In general, robot traded 6 currency pairs and screw up 3 others. The succeeding ones were AUD/USD, EUR/JPY, EUR/USD, GBP/USD, NZD/USD (extremely rare to see), USD/JPY. The best win rate has got AUD/USD: 80%.
The results by currency pairs look like at the chart.
Arbitron has been stopped even on demo accounts like this:
Quite expensive
The devs provide on Arbitron the 30-days money-back guarantee
There are two prices we’re offered.
The $350 package includes the 3 months license. The lifetime license costs $800. We don’t know what “save $242” means.
Account stopped updating
All Arbitron real accounts have been stopped by devs several months ago. The demo ones have been stopped too. Probably, the marketing period has been ended and they needed any promotion anymore.
Conclusion
Arbitron is completely a cat in the bag. No one knows are the patterns still good-to-go and devs provide update services, etc. We even aren’t sure about the money-back guarantee. If you’re pleased with their results, you can try it on the demo account. If you’re not like results you’ll see how the guarantee works.