Pips4Idiots is an indicator that trades best on the 1H
timeframe. It has so many positive comments that will make everyone think their pulling a fast one on
them. OK, no quick judging.
On their VIP page there is a list of accounts that the site owner or indicator
inventor makes visitors believe are real! On one account that spans almost a year, the account (trading
with a pips4idiot indicator) made over 100% in profit by depositing $1,000 and banking $11,781 and
trading 0.50 lots on all trades. The second account also spanning a year and trading 0.50 lots constantly
made even bigger profits; with a $1,000 deposit and a balance of $14,092! The last account, with a
$1,000 deposit meant to blow our minds with the ‘perfection’ of this indicator made $15,760 in profits.
Whether those accounts are real, demo or just fabricated remains to be seen.
One can’t find the price of Pips 4 Idiots on the site directly, but looking through the several videos
you can get to know the cost of this piece of ‘skyrocketing-earning’ software — $97. The software has
not been made available to the public yet, so there are no payment APIs to make direct purchase of
this software when it’s launched. There is, however, an opt-in to obtain your email address to get you
informed before hand for the launch of this software.
I cannot indite anything concerning the strategy of this indicator but just from the look of the account
statements, my four-year-old son could tell Pips4Idiots is a scalper. I’m sorry but scalping is one strategy I would not want to manually trade through an indicator.
Getting on personal opinions; I don’t think it’s ok to buy Pips 4 Idiots, reason being; almost 100% of the
171 (at the time of this writing) are positive. This makes me suspect someone’s been paid to write all-
positive comments. In the forex market, as per my experience, nothing’s perfect but this little software
is too close to perfection. Then again, I’m sure this site wants to collect emails to sell similar products
(other than this one that may be a decoy) to. I won’t buy this nor recommend anyone to buy Pips4Idiots.