This really innovative Forex Robot, named MRNBOT, has been devised by David Morris. The best thing about this high-frequency FX Robot is that it uses innovative MRN technology which scours the Internet for “mood data” (similar to the spiders used by search engines), it then interprets the keywords and looks for hidden trends, then sends them to your trading software in real time to place trades. Clever!
How Does It Work?
Well, according to what I could make out during my review:
- It uses MRN technology to scour the web for hidden trends, like search engine spiders (however, I’m unsure how the Backtests below can take this into account??)
- It combines this information with indicators
- Has the speed and accuracy of a ‘scalper’ style EA
- Has lower draw downs than your typical scalper EA
- Trades USDCHF and CHFJPY pairs (MRNBOT Advanced version also trades USDCAD and EURGBP)
- 5-digit and ECN broker compliant
Take a look at the impressive 10 year Strategy Tester Report below…