Forex Robot Reviews

Pip Commander By Terry Garrett – Reviewd And Discussed

Pip Commander is a forex robot built and sold by a guy named Terry Garrett for $47 on Clickbank. Not a lot of 3rd party information on this EA as it seems it has been quietly released to the market.

pip-commander

Results

On their sales page they show 3 different accounts all trading their own currency pair. Why they have to be on their own seperate account is beyond me (possibly backtests faked into looking like live trading statements?). Regardless, here are the stats of these 3 accounts.

  1. Account #1 (EURUSD) – They show a trading statement of a $5000 account climbing to over $180,000 from theb beginning of 2012 to July.
  2. Account #2 (USDJPY) – Here we have an account grow from $5000 to $88,000 in the same time period.
  3. Account #3 (USDCHF) – This takes $5000 all the way up to $270,000 in the same 7 months time frame.

He shows a deposit to IBFX like you would normally see, but that can be easily added. I still don’t buy that these are real statements. If someone was selling an EA and had results like this, they would be a fool not to put them up on MyFXBook not only for the credibility but the exposure as well. Also the fact that their open trades are not being updated very often and left open for weeks at a time seems a bit odd.

384912012.01.03 00:00:00balanceDeposit MC #638310 IBFX # TX85 000.00

Strategy

Seems to be basing it’s opens off some sort of trend indication and then holding trades for big gains and closing out losers early. While I’m a fan of this sort of strategy, I’m not a big fan of the lack of transparency Terry is providing here.

Remember if you are going to try Pip Commander 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 PipCommander 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 Pip Commander 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 Pip Commander experiences, strategies, thoughts, whatever…

Pip Commander Rating

1 Comment
  • REDSHIRT - Posts:
    August 9, 2012
    Reply#1

    I am interested in buying this software. Can any one have any suggestions please?
    It looks great for profits in the screen shots provided. The MA crossing strategy works well, without any fails. If it is an automated forex strategy, then it is better to own.

    I invite any advise from any friend.

    Thanks,

    red shirt

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