Best Forex Robot Review

Forex Shogun is a trend oriented trading strategy designed to work with Metatrader4. This Expert Advisor runs on the H4 GBP/JPY chart. It has been developed by a team of Forex market analysts and IT experts well known for their other successful products, such as the Pips Miner EA family.

One of major features that distinguishes Forex Shogun from other EAs available is its very good SL/TP ratio of 1 to 2. Traders often complain about strategies having a stop loss that is too large compared to a take profit level. This is not the case with Forex Shogun, as the EA uses a stop loss of 140 pips and a take profit of 280 pips.

However, these are default settings and can easily be changed by the user. You can set your own SL and TP to suit your needs and trading style.

Additionally, the robot has a built in Anti-Loss Feature which enables the trader to get out of a position in case the trend reverses. In such case, the position is automatically closed before the price hits stop loss, thus preventing a loss greater than 60 pips.

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