Review of the Forex Pip Bot EA
Launched June 8th, 2010
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Pip Bot | EURCHF / AUDNZD |
H1 | Candle Stick Trading | Yes | Yes | dynamic | None | Forex Pip Bot |
Performance (Forex Pip Bot EA Test Results)
License
Forex Pip Bot is being sold through clickbank for $97.
Strategy
Forex Pip Bot trades based on candle stick strategy. It’s trades are opened with no stop loss but appears to be controlled dynamically by indicators as their back test shows proof of trades being closed with all different loss sizes. I will know more when I get a copy and will update this.
Recommended Brokers
FX Open and Iam FX are two great brokers for running robots with their tight spreads and great execution time during all hours of the day.
Conclusion
Forex Pip Bot is relatively new, and has a 1 year backtest, and a few days worth of forward test results as credibility. Really not much to base a conclusion or decision on, so I will wait to see how it performs.
Safe To Buy?
YES!
Forex Pip Bot has been approved for purchase because of its 60 day money back guarantee with Clickbank.
Overall Rating
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