With Christmas time upon us many traders are now looking to take stock of their trading portfolios while many more of us are thinking of the resolutions we want to make in 2011. As we would all like to increase our profits next year, it is with this back drop that the release of Leo Trader Pro may be quite timely.
Launching just before Christmas, Leo Trader Pro is possibly the last automated Forex trading system release we will see this year.
| Where To Buy: | Leo Trader Pro |
| Price: | $149.00 |
| Currency Pairs | EURUSD |
| Time frame | Any |
| Type: | Trade Cloner |
| What You Receive: | Leo Trader Pro ex4, installation guide, updates |
| Guarantee: | 60 Day Money Back |
What’s Behind the Leo Trader Pro System?
The Leo Trader Pro systems markets itself as being Neural Net based FX Trading robot. This infers that it has the capability to think and learn from market movements.
Neural networks are an adaptive technology that is said to allow the robot to adapt to current market conditions. This sounds a similar approach to that used by Forex Megadroids RCPTA process which has helped to contribute to the profits that this robot has made for traders.
The neural nets for this robot have been developed in a way that they can analyse what is happening today in the markets as well as what has happened in the past. This analysis then allows Leo Trader to establish an accurate overview of price behaviour, market trend and inter-market relations before entering a trading position.
How to Use the Leo Trader Pro System
Leo Trader Pro is provided as a standard Expert Advisor for the MetaTrader 4 platform. The Expert Advisor is a small file that you install into you MetaTrader platform as per the instructions provided with the system.
One done you simply need to configure the simple parameters and then just flick the switch. Leo Trader Pro is designed as an automated Forex system and should be left to run on your trading account 24 hours per day.
It is recommended that this Expert advisor is used on a Forex VPS but it can equally be used on a normal home computer, provided you are happy to leave your Internet connected and your Metatrader platform running twenty four hours a day.
Strategy Tester Backtest Results
Its hard to draw any real conclusions as to how Leo Trader Pro will perform, as it is not possible to back test performance due to the type of EA this is.
The trading algorithms are strictly ‘black box’ and are held on a central server. Instead of the trade triggering from an algorithm on your terminal, instead the trade instructions are received from a central server and then are sent to your MT4 terminal.
However to give traders some confidence in the system Leo Trader Pro has provided access to (and made a big thing of) live account results. The live account can be verified by visiting the Leo Trader Pro website and entering the username and password supplied below.
Login To Verify The Real-Money, Live Account :
Login: 1331
Password: LTP082010
Server: FinFX-Live
Initial Verdict Of Leo Trader Pro
What you will find when logging in are a truly impressive set of results. Since the system was put live in the August 2010 it has returned a staggering 500% profit on the account. That equates to a return of 113% return per month!
To say we are often sceptical of such claims is an understatement. But here the launch of Leo Trader Pro makes another first. Jani Hjerrpe the CEO of broker FinFX where the robot has been running live for the last four months has verified the performance that this robot has achieved.
So either we expect to hear of a law suit in the next few weeks for mass fraud, or Leo Trader Pro really can perform.
Additional variables that you are going to need to consider with this EA are server lag, spread and slippage – the broker used here could make a big difference to results.
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