⭐ FOREX GPS 3 REVIEW

Foreign Exchange Robot: Forex GPS 3

Software Programmer: Mark Larsen

Scalping: The Asian Session

Forex Pairs: Many Pairs including EURUSD, EURGBP, GBPUSD, and USDCHF

Trading Platform: MetaTrader-4 / MetaTrader-5

License: 1 Real Account License

Pricing: 149 USD

 

📋 INTRODUCTION TO FOREX GPS 3

The GPS Forex is a Forex scalping robot developed by Mark Larsen over the past 16 years. The robot is currently in its third version. The main feature that distinguishes version 3.0 from the previous two versions is its speed and expanded parameter options.

  • The new GPS Forex Robot 3 operates much faster

  • An additional function has been added, allowing the use of optimized settings based on current market conditions for real-time trading

  • The new version allows all primary parameters to be adjusted, enabling adaptation to any trading style

GPS Forex 3 is designed to trade multiple Forex pairs during the Asian session, with a focus on EURUSD, EURGBP, GBPUSD, and USDCHF. The maximum targeted profit per trade is approximately 30 pips. The robot is programmed to detect and exploit price action inefficiencies. GPS 3 includes a Trailing Take-Profit feature to secure gains, along with a Reverse-Trading Strategy to help mitigate trading risk.

 

 

⚙️ FOREX GPS 3 ALGORITHM

GPS Forex Robot 3 analyzes all data derived from primary price action and optimizes its parameters to achieve optimal trading performance. It performs well in historical back-testing and demonstrates sensitivity to spread divergences.

👉 Win/Loss Ratio = approximately 90%

👉 Reward/Risk Ratio = approximately 0.30

Major features of GPS 3:

◘ GPS 3 is designed to scalp during the Asian session

◘ GPS 3 targets trading profits between 5 and 30 pips

◘ Sensitive to spread divergences

◘ Utilizes a Trailing Take-Profit order

◘ Implements a Reverse Trading Strategy that opens trades in the opposite direction to offset potential losses

 

🔧 FOREX GPS 3 PARAMETERS

GPS Forex Robot 3 offers a wide range of parameters to ensure consistent trading performance. It is designed to continuously optimize its key settings to adapt to changing market conditions.

 

✅ FOREX GPS 3 REVIEW PROS

◘ The robot is fully customizable

◘ Forex GPS 3 is designed to trade across multiple timeframes and adapt to any market conditions

◘ Forex GPS 3 can trade a wide variety of Forex pairs

◘ Forex GPS 3 can analyze multiple timeframes

◘ Utilizes Trailing Take-Profit orders

◘ Implements a Reverse Trading Strategy to minimize market risk

◘ Forex GPS 3 is fully mobile-compatible and can operate on any operating system, including smartphones and other mobile devices

 

❌ FOREX GPS 3 REVIEW CONS

◘ Forex GPS 3 applies a wide Stop-Loss strategy (Reward / Risk Ratio = about 0.30)

 

💭 FOREX GPS 3 REVIEW CONCLUSIONS

 

The GPS Robot 3 is a fast Forex scalper that offers a variety of basic parameters. It trades a wide range of currency pairs across multiple timeframes, with a primary focus on the Asian session. Forex GPS 3 fully adapts to evolving market conditions but performs best during strong trending markets. The cost of Forex GPS 3 is $149 (one-time payment).

 

FOREX GPS 3 REVIEW

ForexRobots.net


♖ Advanced Strategy Building

StrategyQuant is a cutting-edge platform designed for building fully customized algorithmic trading strategies—tailored exclusively for professional traders seeking advanced automation and precision.

Join the Algo-Trading Revolution with a 14-day Full Trial..

Go to top