Forex Robot Reviews

Forex Pips miner EA Review

Review of the Pips Miner EA
 

EA Name Currency Pairs Timeframe Strategy ECN 4&5 Digits Take Profit Stop Loss Home Page
Pips Miner EurUsd 5 Minutes Short Term Yes Yes 40 pips 290 pips www.pipsminer.com

Performance (Robot Name EA Test Results)

License

The pips miner is sold for €129 or €199 or €249 depending on which Edition you choose.

 

PipsMiner Strategy

Their Risk/Reward set-up is not bad, which is a 7:1 ratio. I wish this EA could backtest profitably in the period between 2000 and 2007.

 

Recommended Brokers

FX Open and Iam FX are two brokers to consider when trading forex robots.

 

Conclusion

It has been around for quite sometime now, with no single live forward test posted on their Webpage. If this was profitable, they would have posted the damn live tests to attract buyers… That along with the short backtest results view makes their EA consistency questionable.

   

Safe To Buy?

MAYBE!

There is no clear money back guarantee on their sales page.

PipsMiner Overall Rating

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