Quatron Review: Is Quatron EA an excellent hedging Bot? Quatron was launched not quite long ago and has been on the lips of many forex traders who are in the dark of how it works. This review brings into limelight what Quatron is all about.
Table of Contents
What Is Quatron?:
Quatron is a robot designed for major currency pairs and trades several strategies. This bot is quite unique as it uses hedging methodology to analyze price data and find the best entry parameters in all types of market conditions. What this means is that Quatron hedging EA supposedly handles multiple trading strategies for different pairs, thus it is not optimized for any specific pair.
Who Is Behind Quatron Forex Robot?:
From our investigations, Quatron EA is owned and operated by Marek Kvarda who claims to be a trader. We also discovered he is a MQL5 developer who has developed five forex robots; Triton, Forexbot, Zitron, Spunky and Multi Manager. However majority of his trading products are not popular.
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How Does Quatron Work?:
First and foremost, this software is sold for $1,280. The software is designed in such a way that it will analyze both the daily and monthly chart to determine the safest entry. It analyzes 10 periods in order to establish what the direction the market is likely to take. According to the developer, this software utilizes an algorithm however there isn’t much information about this algorithm or its strategy.
What You Should Know About Quatron Software:
Quatron EA was first released on October 6, 2018. But now it is on version 5.0, because of its recent update on November 25, 2018. This means that we are dealing with a very new trading product. However, we think $1,280 is expensive for a software. Other trading app are sold around $200.
+PROS
- Good backtests
- Free updates
- Full settings
-CONS
- No strategy insight.
- No verified trading results.
- Quite expensive
Conclusion:
We can’t say if this software is viable or not. We are not convinced that Quatron EA does exactly what the developer says it does.
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