Review of the Forex PipStrider EA
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Pipstrider | AudCad, GbpUsd, EurUsd | N/A | Martingale | Yes | Yes | 40 pips? | Risk unlimited | www.pipstriderea.com |
Performance (Robot Name EA Test Results)
License
The Forex pipstrider is leased for a 60$ monthly fees or a one time payment of 597$ payed through Paypal.
Forex Pip Strider Strategy
The Forex Pipstrider backtests posted on their website can’t be duplicated, so not sure if we could move into any forgery accusations here, since that would require more investigation and time to put on this robot which we are truly not interested in wasting our time with.
Pipstrider EA uses a Martingale strategy, which means it will double the lot size for every time it loses until a winning trade finally shows up. there is absolutely no Forex EA Martingale strategy that could survive on this Market, period!
Forex PipStrider Recommended Brokers
FX Open and Iam FX are two brokers to consider when trading forex robots.
Conclusion
If you wish to learn forex the easy way, just stay far away from Martingale based strategies.
Safe To Buy?
NO!
Forex pipstrider has not been approved for purchase
Forex Pip Strider Overall Rating
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