Review of the FX Wealth Machine EA
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| FX Wealth Machine | EurUsd | 30 minutes | PURE GAMBLING | ? | Yes | 5 pips | 500 pips | www.fxwealthmachine.com |
Performance (Forex Wealth Machine Test Results)
License
FX Wealth Machine is sold for 77$ through Clickbank
Forex Wealth Machine Strategy
It took us exactly 60 Seconds to realize that this system is extremely dangerous and will be like gambling your money away. We have just looked at the Risk/Reward ratio and found it be 100:1. Folks, this is unbelievable, how could anyone even consider this as trading? I’ve never seen or heard of such ridiculous Risk/Reward ratio.
Forex Recommended Brokers
FX Open and Iam FX are two brokers to consider when trading forex robots.
Conclusion
This system is either designed by an experienced trader who acknowledge that this system only looks good on paper and hopes it sells and fool all newbies. Or, designed by a total newbie who pretends to be a professional so that he could convince the newbies to buy.
In either case scenario, this Wealth Machine is based on lies, mis-conceptions and demo/backtest results. When you hit the stoploss on this thing, it is going to cripple your account.
Safe To Buy?
NO!
Hell No!
FX Wealth Machine Rating
Ron can you provide invester password .Has anyone else had any success with this?
OK, maybe I should qualify that first comment. It’s on a $5000 demo at FXDD, but it’s running on a 1-min time frame at 1 lot. Since the 30th of Jan. 2011 I’ve racked-up $7140 dollars all-in. Thats $2140 above the $5000 demo amount. The EA pulls in between $50 and $200 Per session. 21:00-00:00 GMT. …Works for me….