Forex Robot Reviews

Nova Code Trader Review | A Scam?

This entry is reserved for our official review of Nova Code Trader This is a forex product being sold on most likely Clickbank or Plimus for a TBA price. They will most likely offer a refund policy of 60 days no questions asked money back guarantee.

Remember if you are going to try any forex robot and forex system 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 Forex Nova Code Trader 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 Nova Code Trader 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 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.

34 Comments
  • April - Posts:
    February 18, 2012
    Reply #1

    What a great blog

  • Rodney Bokanovich - Posts:
    January 22, 2012
    Reply #2

    I enjoy what you guys are usually up too. This sort of clever work and reporting! Keep up the awesome works guys I’ve included you guys to our blogroll.

  • joey - Posts:
    November 9, 2011
    Reply #3

    Hi there, I discovered your blog by means of Google while searching for a similar matter, your site came up, it seems good. I’ve bookmarked it in my google bookmarks.

  • Paul S - Posts:
    September 9, 2011
    Reply #4

    I have been a Pro Trader for the past 25yrs , 8 yrs FX. I found Nova in my junk folder and out of bordom thought i would have a look. This forst thing that alarmed me was the hyped up voice on the video. I am sure i have heard this same voice 1000 times. So after briefly looking at it i quickly came to the belief that this was just another FX Scam.

    If you want to be successful in trading, first you must master your emotions and trading mind. No software can do that. In FX, if you can master 1 simple techniqe that will return 10 pips per day, All your dreams are made. 1 rule, 1 techniqe, 10 pips. KISS

  • Johnny Anderson - Posts:
    September 5, 2011
    Reply #5

    Incredibly informative thank you, I believe your trusty subscribers could quite possibly want even more blog posts like that keep up the excellent work.

  • Website - Posts:
    August 1, 2011
    Reply #6

    I think this is one of the such a lot important info for me. And i’m satisfied reading your article. However wanna statement on some common things, The website taste is perfect, the articles is truly great : D. Just right job, cheers

  • online trading guru - Posts:
    May 4, 2011
    Reply #7

    Thank you for the information. I found it very helpful and I am really looking forward to seeing your posts in the future. Terrific blog.

  • Klaudiuz - Posts:
    April 10, 2011
    Reply #8

    I too am a victim of Nova Code Trader and the Ultimate Edge rubbish. All my emails to Plimus is in vain as they continue to stick to the 30 day trading proof condition for a refund. Is there anybody who has managed to get a refund and if yes, please share with us what needs to be done to recover our investment. Could we gather all the victims and make a claim as a group or lodge a complaint to the proper authority to assist our situation? I am running out of ideas so if there’s anyone out there who can help please let me know. Thanks.

    • Don - Posts:
      April 20, 2011
      Reply #9

      I was successful in getting my refund ($1,997); the vendor wouldn’t do it but Plimus got it for me after a series of arguments with the vendor that I elevated to Plimus. I held my breath until I saw the actual credit issued on my credit card. But it worked.

  • Danerch - Posts:
    April 3, 2011
    Reply #10

    Chris and Meadsie are absolutely right! I’m a victim too. They did not deliver what they mentioned in their webinar. First, they said they are giving 3 systems to cater for various market conditions but all the 3 given are just variations of the same kind (they are almost identical actually!). 2nd, they talked so proudly of their lifetime support rendered by professional traders in the Owners’ Club, but this is not present in the member’s area. They don’t even have a “contact us” or “support” link on the website. When I went through Plimus to ask for refund, they repeatedly mentioned about the need to try out their system for at least 30 days and if we could proof that their system is unprofitable, then they would issue refund. This is totally different from what they mentioned about “givng their system a try and if we are not satisfied at all, we will get our refund, no questions asked”. When I elevate to Plimus to highlight a potential scam, the vendor replied that I was a low live thief and rip-off artist. They were adamant that they have delivered all the products they mentioned in thier webinar but when I asked about the Owners’ Club thingy that Ray and Barron promised during the webinar, they were mum on this. BTW, there was also an upsell on Ultimate Nova Edge (for $497) which were supposed to contain a few components of killer strategies. I got the first component recently, to my horror, they were nothing simply free chartings (namely Renko, Kagi and Point and Figure charting). I have these charting free from my MultiChart Platform and these assholes are charging $497.
    Chris, likewise, I will fight to the end to get my refunds. Does anyone here have any experience in fighting such a scam through Plimus? I’ve elevated my communications with the vendors to Plimus for at least 4 conversations ago but it’s been comms silence from them. Aren’t they supposed to mediate or provide some form of investigation into the vendor with such customer comments?
    Best of luck to all. Good trading.

  • Chris - Posts:
    April 3, 2011
    Reply #11

    Have finally reecieved a refund from Plimus. After a week of many e-mails requesting a refund. I never downloaded any of their system after reading the reports from all of you above. Thanks for all the info regards this systems serious faults. Cheers.

  • chris - Posts:
    March 28, 2011
    Reply #12

    They are refusing to refund the price…until 30days evidence of trading…Have asked for a refund from Plimus and just the same reply and no answers to specific questions….all the trading review sites are totally negative about this load of old recycled trading indicators…I will persist to the end for a refund……

  • meadsie - Posts:
    March 27, 2011
    Reply #13

    so much for another Fail-Proof system. These guys treat us like idiots & school kids.Hope they get all they are due. Absolute wasters I say.

  • Steven Johnson - Posts:
    March 23, 2011
    Reply #14

    Please excuse my typing on my two reviews. i try to check before I submit, but it is hard to see the mistakes until submitted. However, if you can decifer the misspelled words, this is an honest review. I have no axe to grind. However I did buy software from them last summer. The software would work, but it was not foolproof as they would have you believe. As usual, the ideas are good, just the application leaves something to be desired. My main interest this time around was the constant range bar app, which as I stated, was very unstable, just not quite as advertised.

  • Steven Johnson - Posts:
    March 23, 2011
    Reply #15

    Well I attended the seminar today at 1:00 EST on 3-23-2011. Talk about a scam, this is it. First I was supposedly signed for seminar tomorrow (3-24) at 1:00 PM. But I got a notice to join in today even though the seminar was supposedly filled. As soon as I got into Seminar, I started to copy it to my Real Player. It copied the whole 2 hour plus seminar in 2-3 minutes. That was odd! Supposedly this was a live seminar. I do not think so!!! The tip off came when they announced a special site to buy the NovaCode at a special discount. I immediately tried to get on the site. The site did not exist. Then I checked out the recording. It is 3:12 PM on 3-23-2100 right now. I already put up a review on another site. If this seminar started at 1:00, why was I able to see the end of it at about 2:15 EST today on my real player. Supposedly it was 2 hours plus. If you watch it you will take over 2 hours to watch it. As to the seminar, it said or showed nothing concrete about NovaCode that was not already said in the hype promos to get you to sign up for the seminar. No real software charts were shown or explained, just some generic forex charts ( daily and 4 hour). The Avant Garde (??) software appears to be software they sold in the summer of 2010 as Sublime Forex Chamipions Green Dragon Software. They are to be used on Daily and 4 hour Charts. Supposedly the offer includes an advanced version of the Constant Range software. The free demo offered for download was very unstable. It would work for awhile and then stiop. It requires you to reload it often to get the constant range candles. Supposedly the price of all software today offered was valued over $12,000.00 and was going to be offered for $2497.00. But today only to the first 100 buyers there was to be an even better price. However, the web site was non existant. The siminar was really funny, they say how different seminar attendees were buying the software and there was a countdown clock to show when the special offer was over. All recorded when I first got into the webinar in 2-3 minutes. If they misrepsent the simar as live when it is not, when they say they will take live questions and they do not, how can they be trusted to delivered what they promise. Buyer Bewae!

  • Jose Jimenez - Posts:
    March 23, 2011
    Reply #16

    NOVA TRADER? A total scam! I attended their “canned” webinar, and they claim they are releasing only 100 copies of the software. Right! If you believe that, then I have some ocean front property in Arizona, that I’m selling dirt cheap! (-:

  • Steven Johnson - Posts:
    March 23, 2011
    Reply #17

    As far as I am concerned, there is just mostly hype, but not much delivery at this time on the Nova Code. All links for purchase given at most supposed review sites are only to sign up for their webinars. I did download the app that is getting the most hype on this software. The constant range bar app seems good in theory and makes sense, but does not deliver? The app is very unstable. It is supposed to eliminate the choppiness and false signals that is generated on the charts. The chppy charts on the EURUSD the last several days is a good example. Constant range bars is supposed to eliminate the choppyness. Yes, I think it does. However, the app given away is so unstable, I have not be able to give it a thorough test drive. The instructions say use your favorite indicators on the chart. Well, try to put them on and the constant range bars stop working. You have to restart the range bar app by using the execute on chart command. Several sites describe several modules included with the software. This is the Sublime Forex Software that was promoted and sold last summer (2010) Then the idea was the way to eliminate the false signals found on lesser time frame charts was to use daily and 4 hour charts with their software. Now, the constant range bar app is supposedly the app that will eliminate the false signals. Interestingly, the app offered for free download runs on a M1 chart. Because of the constant range bar app is so unstable, I’m not sure if this software has any real merit. It will depend on whether there is a newer version of the constant range bar app that is stable and delivers as advertised and if the customer support is good. Too often, forex sortware is promoted and sold with no technical support. I can think of only app I bought, where I was not disappointed by the support. That is bad, because, there was one app I bought that worked well, but I needed to reinstall, but could not because there was no tech site to down load the app and install code from. The install code need changed everytime you need to reinstall! That guy still promotes on the web, but I would never recommend him nor buy anything from him again. As for the NovaCode, for me the verdict is still out, but I will attend the webinar to see if there is any substance behind the hype. The constant range bar app seems to do what it is supposed to do, it is just unstable and will not keep running. It seems like if you sneeze, it stops running!

  • Corina Gleave - Posts:
    March 22, 2011
    Reply #18

    You made certain good points there. I did a search on the topic and found the majority of people will go along with with your blog.

  • Ron M - Posts:
    March 22, 2011
    Reply #19

    Good Evening All
    I have a simple question for you all. If You Have Norton AV on your computer how did you get past it???
    I have NAV on my computer and it keeps deleting the very first program because it says it is a Threat. Now what’s wrong with this picture?

    Lots of people can down load it and some can’t. I’ve checked on other sites as well and there are some people that can’t DL it because of Norton.
    I tried to EMail. Barron but have not gotten nothing back as of yet. It’s been 2 weeks now.
    Any Ideas?????????????????

  • Bob - Posts:
    March 17, 2011
    Reply #20

    Following my negative comment on this site, and report of problems on the internet rating services for FX services, the comments from people on this site have suddenly stopped.

    If you cant see a scam a mile away, then read the format and look at the profile pics or avatar used on the comments section of this site below the sales spiel. Every comment has the same sort of form (as if everyone in the world thinks the same), and every profile pic/avatar is the same sort of form. I pasted some comments below if you are too busy and just want to read a few constant repetitive comments as if this is the best thing since sliced bread. The avatar pics dont paste. Note also the Facebook comments insert box sits in the middle of these and the real posts – which is a program fault because the prior comments are all fake.

    As for the trading concept described using SMA5 and EMA21 on weekly and SMA55 and SMA 8 on H4 using type 1 and 2 risk models. I tested it on some items and it does not work satisfactorily as per the hype and sales spiel. Check it out on gold for example at the moment. The system gives a buy and the PA dropped big time instead. If you like losing cash, buy this and use it and find out in real time if you cannot see how the content of the comments and ultra hype of the site has been faked.

    Leave A Reply (40 comments So Far)

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    1.
    Micheal
    44 mins ago
    FANTASTIC STUFF !!!
    A really good system It is going to change the way to trade.
    Give me a seat to Webinar now!
    2.
    Hans
    2 hours ago
    Thanks, this is very useful and I am looking forward to the next video. This is what a newbie needs. Simple but powerful.
    3.
    Muyen
    4 hours ago
    Excellent strategy, and very remarkable Thanks for sharing it
    Thanks again.
    4.
    Frank Lobach
    4 hours ago
    Seems like the maths indicates a good system, but like most things that take a fair bit of calculating, it tends to lead to not using it,so the software to do all this for us ,is a very good idea.I will be very interested to see how it works, and what the cost will be to buy it.See you at the webinar.PS if I do not make it on that day, will it be recorded to watch later please?
    cheers, Frank
    5.
    Steve
    4 hours ago
    Powerful stuff. I love this. Thank you.
    6.
    Albert
    4 hours ago
    Thank You for teaching me how to trade the correct way.The Fibo and Range bar system works in any market. Keep up the good work. Albert– Miami,Florida
    7.
    Brian Thomas
    6 hours ago
    You now have my full atention. Will see you at the webinar.
    8.
    Tom Murphy
    6 hours ago
    Hi Mr Barron Sanctis,
    Thank you very much for your wonderful video.
    I really enjoyed it, and I hope it will improve my trading.
    1 ?:
    What is Profit Target for GBP/USD
    Thanking You,
    Tom Murphy …Ireland
    9.
    TLenhardt
    7 hours ago
    Can’t wait to get started ……….
    10.
    Bob Anderson
    7 hours ago
    This sounds and looks great.
    It will take me a lot of study to keep up.
    I wish I was younger, when my mind could absorb the detail quicker, I will watch this and others of your videos to take it all on board.
    I am very impressed!!
    11.
    Kennedy Akpogbuwe
    7 hours ago
    This is a great service. Thanks a lot
    12.
    Bob Hammett
    7 hours ago
    Wow I thought it was great and will be trying it out over the next week. I can’t wait for the software to assist in the math and with the trade entry and exits. Hope it is not to expensive I want it. Now spending way to much time in front of the computer and loosing way to much sleep. Waiting for the next video.
    13.
    Lindsay
    7 hours ago
    Wow That was a real Brain stormer for me.
    I hope I can manage to administer it as well as you have put it up in the Video.
    Does this System work on daily or 4 hour charts.
    Thanks again for the information, I look forward to the following lessons
    14.
    Alan Kerr
    7 hours ago
    Any chance we can get a written copy of the rules? This is GREAT!
    15.
    Alberto “Forex Dude”
    7 hours ago
    Awesome information… I’ve been waiting for something like this for a while.
    I can’t wait to see the next videos. When are they coming out?
    16.
    Allan J
    7 hours ago
    Very quick but exciting eh,
    17.
    Roger
    8 hours ago
    Very exciting and and great news for us dummies trying to gain some confidence to jump in and trade the market. THANKS.
    18.
    Hilary Glazer
    9 hours ago
    what a wonderful 21 minutes !! because i just love the set it-and-leave mentality. i have collected lots of methods paid and free; some quite similar to this video. and this is really the best: most of the studies required by all these methods are applicable to pip range bars as well as the regular timeframe bars.
    19.
    Mark S
    9 hours ago
    Hi Guys, Many thanks for your wonderful system.I am very impressed by your generosity especially when so many other systems are a total TAKE. Keep up the great work. Much Appreciated. Prosperity to All
    20.
    Steve
    10 hours ago
    I was skeptical at first, but checking the Fibo System closer, it looks good. I am signed up for webinar. I have been running the Range Bar System on my MT4 and it seems to be offering good trades, though I have not actually entered trade using it yet.
    21.
    BG
    10 hours ago
    Being familiar with Fib numbers, this sounds quite usable.
    22.
    Guus
    10 hours ago
    So clear, So simple, So beautiful! Thanks, Guus
    23.
    Dreenie
    10 hours ago
    Are you absolutely kidding me? I have been following your training and it is fantastic! I have spend (you don’t want to know how much money) on personal training and systems that have so frustrated me, I have at times wanted to just throw my hands up and walk away!
    I really am baffled as to the reason why you would give away such valuable insight FREE OF CHARGE! What’s the catch?
    I’m just trying to say “Thank you” in a very round about way. This is more than I have ever received from any other training – and I’ve paid thousands doing it.
    24.
    Carmen Galloway
    11 hours ago
    This would be my dream come true way of trading if I can absorb it, I’m gonna try, it is awesome!!! I have registered for the WEBINAR, I WILL BE THERE.
    25.
    George
    12 hours ago
    Great system and methodology Barron. Made some good pips with the range bar this morning. Thanks & God bless
    26.
    Wayne
    12 hours ago
    I went through everything in the previous video, Range Bar Training, but am hung up from using it. Could you please guide me as to how to get it to work?
    My screen in the upper left corner reads USDCHF,M2 (offline) and I am not getting any update in prices since I got to this part.
    Two question:
    1. What do I need to do to get price data updates?
    2. How can I get (setup) other chart pairs to follow and trade. I usually work with 4 trading pairs.
    Thanks
    Wayne wayne100@cox.net
    27.
    Obed Mubaiwa
    12 hours ago
    Ihave seen so many trading systems before. this is really different. I am stopping everything to just learn this. I truly beleive this will give me the edge
    28.
    Milosz
    12 hours ago
    I salute you. Thank you
    29.
    William S
    12 hours ago
    Fantastic approach. Can’t wait to try. Love your concept & free software. Thanks so much.
    30.
    vejian
    13 hours ago
    Nice n very useful information…… But a lot of calculation…. i believe that there is software will do all that work….. can’t waitin for next video….
    31.
    Ronald
    13 hours ago
    Hi Barron, this FIBO system looks great, does it work on the range bar charts to?
    32.
    Uwe
    13 hours ago
    Excelent strategy, I will make a backtest.
    33.
    Jon
    13 hours ago
    FANTASTIC STUFF !!!
    WELL DONE!!!
    You are my hero in trading (for now at least!!!)
    hope to learn more from you.
    best regards
    Jon
    34.
    Vic
    13 hours ago
    Fantastic concept. Waiting for the next video to start enjoying stress free Trading
    35.
    KEVIN STEEMAN
    14 hours ago
    YOUR SYSTEM IS VERY PROFESSIONAL AND INNOVATING,I LEARNED A LOT FROM YOUR VIDEOS AND I SUGGEST YOU KEEP UP YOUR GOOD EFFORTS;AND THANKS FOR SHARING IT TO US.RGDS
    36.
    Abdul Rasheed
    14 hours ago
    A really good system It is going to change the way to trade.
    arasheed
    37.
    raj
    14 hours ago
    interesting video, just 1 question how do I plot fib lines for profit targets on chart above and below 55sma
    38.
    E.T.
    14 hours ago
    I greatly enjoyed both videos thus far. Is the F.I.B.O. System mainly for long term trading (swing, position) or can it also be applied to shorter term trading such as scalping and/or day trading? Also with the F.I.B.O. System do you use only time based charts or can it also be used with Range Bar charts?
    Thanks for now for sharing all this free material, I will give it try shortly and see how well it works in real live trading.
    39.
    Wayne
    15 hours ago
    Very exciting. Am looking forward to the complete message and system.
    Thanks
    Wayne
    40.
    Mary
    15 hours ago
    I see your system keeps everything simple and easy, something we can all use, even a newbie. I love to learn all i can about the forex and .this hits the spot, Repeated revieve is the mother of all skill, If possible could you record the webinar for future review. I appreciate your unselfishness by providing us with these systems to profit more efficiently. Even though there is never a guarantee in this market I believe this is a true game changer. Thanks for all you have given to the trading community. This is truly remarkable. God Bless

  • Bob - Posts:
    March 16, 2011
    Reply #21

    I downloaded the free software and discovered it did not do as represented. I attempted to uninstall and discovered the computer user system had been hijacked and would not permit part of the system to be deleted or uninstalled. The comments section of the Nova site is selectively censored by the site to make it appear as if there are no problems.

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