Comments on: Automated Pips EA Special Review (Fake Results)

By: Stephen

Stephen — Fri, 08 Apr 2011 18:42:34 +0000

I started running this EA last October with a high risk level using default settings which has a default lot size of 1.0. It doubled my $7900 account in 3 months, but I didn’t like the draw down with the lot size so big. I stepped out of trading for awhile and started it up on a $1000 account on 4/1.This time I set the lot size to .10 lots with a 70 pip stop loss. It has been making trades in sync with my signals service. So far out of 40 trades there have been no losses. The account is up $200 since the first of the month. I’m not sure why this EA has bad press as it has been very solid each time I’ve run it on a live account.

By: Paulina

Paulina — Sun, 27 Feb 2011 13:27:54 +0000

I did make some pips with this EA. Not using it any more. Just did not feel comfortable NO SL and NO TP

By: Reed

Reed — Sun, 05 Dec 2010 13:46:28 +0000

Not sure what you all are doing wrong, but in 6 demos and a live acct it’s performing incredibly. In 2 months it lost once, pretty heavy but more than made up for it. Lost $1018, but made $3120.

By: reinier

reinier — Fri, 05 Nov 2010 09:45:17 +0000

I did try the full backtest with every click but it does not do any trade in 2000,2001,2002. moneymanagement does not work, it will always trade 1 lot and does not matter what risk percentage you select. I am now fighting to get my money back. They also claim a 2 month periode of new settings update for 7 dollar for the 1st month. after one week they charged me already for the full month subscription.

By: dominique Joseph

dominique Joseph — Thu, 04 Nov 2010 00:46:17 +0000

hi, I also bought that I ve lost in 5 days more than 700 . After 2 weeks of mailing for refund request i finally got my money back from clikbank.

By: Dino

Dino — Wed, 03 Nov 2010 06:03:26 +0000

Yes, I bought this one with all the bells & wistles. I new straight away I’d been had! Asked for my money back straight away but they insisted it was a qualitly product.
Dont get me wrong it shows great results in back testing with near 100% acurate. BUT dosnt use STOPS, so we all know what happens with no stops. I questioned this with there support team but they assured me that the EA uses broker protected settings & stealth stops bla, bla bla. Anyway got my money back for all the extra’s but kept the EA so I could run it on demo to see what happens?
It only took a couple of weeks but it took 2 profit trades & the 3rd trade blew the account with a margin call!
I got my money back & told them to stick there stealth stops!!

Dino.

By: kevin

kevin — Sat, 25 Sep 2010 12:34:57 +0000

Don’t buy it. in 3 days it opened one trade that cost me 500 dollars. I’m getting my money back.

By: Yonas

Yonas — Mon, 20 Sep 2010 08:39:56 +0000

great review admin and great site you have going here. Regardless of your warnings, I may still purchase this one just to check it out and refund it later. Gotta see what all the hype is about lol.

By: admin

admin — Mon, 20 Sep 2010 08:37:02 +0000

They have results posted on their site now, something seems fishy about them though. The 5 year account has a 0.52 swap exactly on every trade that generated a swap. That’s a little odd.

Each account is only trading 1 currency pair, I thought It supported all majors? Thats also a little odd.

Fabricated backtests turned into forward tests? Possibly…