Forex Robot Reviews

MRN Bot – The MRN Forex Robot Reviewed And Tested

 

David Morris just sent me an e-mail about his new forex robot releasing on October 26th. What he forgot to include in his e-mail were results and specifics about this MRN bot. All he tells me is it has M.R.N. technology and is the first news reading robot, which I can 100% prove is not true. Anyways, onto the review…

EA Name Currency Pairs Timeframe Strategy ECN 4&5 Digits Take Profit Stop Loss Home Page
MRN Bot Unknown N/a News trading? Yes Yes Unknown Unknown  Website

Performance (MRN Bot Test Results)

Vendor shows no test results in the pre-launch phase, will update when they do or when I get a copy running.

License

MRN bot is being sold through Clickbank for a TBA price, but most likely $99 with 3+ upsells.

Strategy

MRN bot claims to be the first news reading forex robot which is not true. There have been news trading robots for the past couple years. How it actually trades the news and which currency pairs it supports remains to be seen.

Recommended Brokers

Check out FX Open and Iam FX for forex robot brokers.

Conclusion

Amateurish video, no pre-launch results, false claims… I guess we will have to wait and see on October 26th if this MRN Bot is any good.

Safe To Buy?

MAYBE!

The only reason this gets a maybe is because of the 60 day money back guarantee with Clickbank.

MRN Bot Overall Rating

Tags:
6 Comments
  • David - Posts:
    December 8, 2010
    Reply #1

    I must be luckly but have been opening and closing 10-15 trades a day on 3 pairs with profitable results. I’m running a demo account on IamFx. Don’t know how well it will run on live account but as of now I’m satisfied with current results.

  • Angry Customer - Posts:
    December 7, 2010
    Reply #2

    I bought from David Morris up to MRN-Bot-Ultimate(three payments – over 300$)!!!
    It was a serious mistake, cause not even once within almost 6 weeks I didn’t get a single
    reply to my support-questions on info@mrnbot.com though the promise was to answer every
    single mail. So beware and don’t buy any stuff from David Morris, cause he(they-who knows)
    only want Your money!!!
    If I should be wrong and anybody managed to use MRN-Bot in a satisfying manner – please let me know in a post here on ‘forexfbi'(I will then get in contact via email and go into details what
    happened) – Yet I think the money is gone for good – and maybe there is no David Morris at all.

  • wayne - Posts:
    November 14, 2010
    Reply #3

    It never traded until i bought it. The support team is very poor. I send 4 emils to them but nevery get respone. Lucky to get refund from Clickbank.

  • Colin Nuske - Posts:
    November 12, 2010
    Reply #4

    I had no luck with this EA. It had lots more losses than wins in the first several weeks on a demo account, however my money was refunded without hassle. Sorry I can’t be more positive, if it works for you I wish you all the best.

  • tim - Posts:
    November 2, 2010
    Reply #5

    So far three out of three MRN trades bad when it FINALLY traded. Website said it would start trading first day.

  • reinier - Posts:
    October 30, 2010
    Reply #6

    I have backtested this ea but backtest was very poor, stil profit but like 5% per year profit, so I did not try forward testing as forward results are most time less then backtest because of spread

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