Forex Robot Reviews

Erio’s Earner User Reviews And Discussion

erios earnerErio’s Earner is not a new forex robot, but one which has been slowly increasing in popularity so I figured I should have a post up for discussion on it. This robot is actually a monthly subscription where you just get a trade copier and receive copied trades from their master account. You get 14 days free then $49 a month after that through Paypal.

This system trades the AUD/USD, EUR/USD, GPB/JPY, GPB/USD, USD/CAD and USD/JPY.

Risk

Up to a maximum of 110 pips, however the stop loss is dynamic and adjusts depending on the behaviour of price action. Historically the maximum stop loss is hit on only 1% of trades. Typically trades are stopped at -10 to -20 pips.

Reward:

Dynamic, many trades are closed at +5 to +10 pips, however as price accelerates the system identifies the strength of each move and often captures moves of up to 40 pips. Trades 30-40 times per week.

Erio’s Earner trades scientifically, as he says “there is no voodoo!”. Trading decisions are based on calculations across over a dozen interconnected indicators, these include Bollinger Bands, ADX, Volume and EMA’s (plus others). It definitely doesn’t employ grid or martingale strategies.

Results

Their current Myfxbook account has only been running since Early June but has made 88% return at about 4.8% per day, but a 24% drawdown to boot. So while the return may be favourable, the risk may not be tolerable.

Remember if you are going to try Erio’s Earner that you fully understand how the system works before running it live. I always recommend to use your refund period to test it thoroughly for at least a month. If your results are above satisfaction, then and only then should you consider taking steps to trade it live with your hard earned money. Just because a website says their system will make $xx,xxx a month doesn’t mean it’s going to. So if you are not satisfied, do not hesitate to request your money back. If you are interested in more information on this forex product then check out the link or any comments below.

If real user reviews of Erios Earner EA are what you are looking for, then check the comments below. They are real customer experiences with this product. If there are no comments, then be sure to come back frequently and check for updates as our review and discussion of this product continues to grow.

If you have experience with Erio’s Earner or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.

If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.

Ok guys lets get the ball rolling, here at ForexFBI we encourage our visitors to discuss your Erio’s Earner, strategies, thoughts, whatever…

1 Comment
  • Richard Smith - Posts:
    June 24, 2012
    Reply#1

    I’ve found some unbiased forward tests results at the following link that might be worth following. I’ve signed up for their signals and so far so good, but for any potentials I’d recommend these results 🙂

    http://www.dailyforexpips.com/EA-Forward-Tests/?id=329277

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