Are you interested in investing in currency trading but don’t have the time or expertise to do it manually? Autotrading with the Profit Hammer Bot might be the solution you’ve been looking for.
Profit Hammer bot is an Expert Advisor that can be used on the MetaTrader 4 (MT4) platform for auto-trading in the currency market. It has been designed to execute trades automatically based on pre-defined parameters and trading strategies. The bot has shown impressive results, with a return of almost 300% since its inception in just seven months.
The monthly returns of the Profit Hammer Bot have been consistent and impressive, with an average monthly return of 21%. In July 2022, it returned 0.43%, and in August 2022, it returned 19.99%. The returns skyrocketed in September 2022 with an impressive 48.23%, followed by 35.83% in October 2022, and 29.83% in November 2022. December 2022 saw a slightly lower return of 6.97%, followed by 6.75% in January 2023 and 9.17% so far in February 2023.
The impressive returns have come with a maximum drawdown of 38.8%. The profit factor is 3.19, which is a measure of the profit-to-loss ratio, indicating that the bot has been profitable. The Sharpe ratio is 0.26, which is a measure of risk-adjusted returns. A Sharpe ratio above 1 indicates that the returns are better than the risk-free rate.
Profit Hammer bot trades only six currency pairs at a time: EURUSD, EURGBP, AUDUSD, AUDCAD, AUDNZD, and NZDCAD. Sometimes, it also trades EURCHF and USDCAD. With a high winning trade percentage of 75%, the bot has executed 568 trades so far, gaining 7108 pips.
The account that started with a capital of $10069 has grown to $39574 in just seven months, which is a testament to the bot’s consistent performance. The results may vary based on market conditions, but the Profit Hammer Bot has shown that it has the potential to generate impressive returns in the currency market.
In conclusion, the Profit Hammer Bot is an auto-trading Expert Advisor that has delivered consistent and impressive returns in the currency market. It trades only a few currency pairs at a time and has a high winning trade percentage. The bot has shown a return of almost 300% since its inception in just seven months, which is remarkable. If you’re interested in currency trading but don’t have the time or expertise to do it manually, the Profit Hammer Bot might be worth considering.