Pip Brains EA Review & Discount (PipBrains Test Results)

Review of the Pip Brains forex robot.

Update (June 18th 2010) Version 1.1 release! – This is supposed to fix some of the major issues including the discrepancy of results people have been seeing. I will have this up for the start of this week.


10% Off Coupon Code: FBI-RLHI-FBI


Update(April 28th, 2010) – I received word from PipBrains creator that he is completely revamping the system for these new market conditions we are seeing. He says the current conditions will result in in-frequent trading, and up and down results which is exactly what I have seen so far. Well I guess cheers to him for all the effort, will just have to remain patient on this one for now it seems.

EA NameCurrency PairsTimeframeStrategyECN4&5 DigitsTake ProfitStop LossHome Page
Pip BrainsEURUSD/ USDJPY / EURJPY / AUDUSDM15The brain does what the market will let it do.YesYes40-7080-150Pip Brains

 

Performance

License

There are two packages available:

Pip Brains Advance Package – Has all settings available to modify including all indicator settings, take profits, stop losses etc… Over 63 variables to play with. Includes an advance settings guide to understand this monster of a system.

Pip Brains Lite Package – Has only the basic settings available to modify like risk, lot size, magic numbers, trading days and a few other basic variables.

Pip Brains is a membership based platform where you are limited to 1 live account, and unlimited demo accounts. but you have the option to purchase additional account use.

  • 1 extra account for $159.9
  • 2 extra for $298.99
  • 3 extra for $399.99

Many people we’ve talked to running pre-release copies of Pip Brains are doing so on more than account because of the success they’ve been having of recent. You can use unlimited demo accounts, and changing your live account number can be done on your profile page in seconds.

 

Strategy

Pip Brains uses advanced and highly optimized indicators to intelligently pin-point precise market conditions to open certain trades under. It’s hard to label Pip Brains with a specific strategy, the brain does what the market will let it do.

Pipbrains has now been updated to have 3 different strategies mixed together, controlled by a series of indicators and market monitoring algorithms to determine when to run each strategy. You can expect anywhere from 2 to 10+ trades a day with this very powerful, robust EA.

You have the option to turn on or off each of the 3 strategies, as well as turning off certain days of the week like sundays and fridays.

 

Recommended Brokers

Pip Brains works on just about any broker out there but be warned that if your broker does not allow hedging, it will prevent some of the strategies to co-exist. Our recommended FXOpen or IamFX are no exception and provide great execution time and spreads for this powerful EA.

 

Conclusion

I would have to say Pipbrains would be the one forex robot off our site to try first. It’s reliability from it’s A.I. intelligence makes it one of the least stressful robots to control your money.

Overall Rating

  • wind Reply
    Jun 26, 2010 @ 7:41 am

    yes, I had suffered big lost especially on the USD/CHF. But I wonder why the forexfbi admin din suffer such big drawdown? Is it really because of the lite and advance difference? I doubt.

  • fulcrumfx Reply
    Jun 25, 2010 @ 23:11 pm

    Just checked Reny’s account, down to $3.05 ouch

  • myths Reply
    Jun 25, 2010 @ 22:55 pm

    Yeah… yesterday I also lost about 30% of my account and most of the lost because of USD/CHF, this bot is not as good as what I expected, very disappointed .

  • Reny4jah Reply
    Jun 25, 2010 @ 20:56 pm

    Good luck , Steve.

    My FXOpen’s $1,000 demo account which had initially increased beyond $3,000 was wiped clean in the early hours of Friday leaving me with just $3.05.

  • Allan Reply
    Jun 25, 2010 @ 18:10 pm

    oooooooooooh nvm I guess it is because it is already friday XD

  • Phillip Reply
    Jun 25, 2010 @ 12:38 pm

    I would like to know if this software takes $250 account as a start up?

  • Steve Reply
    Jun 25, 2010 @ 10:30 am

    The FXOpen demo I loadd last night isn’t even trading. The demo with FXCM-UK has two winners and two losers and is negative 155.00 in three days. I used preloaded parameters for the FXOpen demo and not making any trades

  • wind Reply
    Jun 25, 2010 @ 5:33 am

    not doing well for me either, lost almost 40% of my account. quite disappointed, even I saw good support from Andy. might have its potential!!

  • Reny4jah Reply
    Jun 25, 2010 @ 5:14 am

    You are right! The latest loser’s “trick” the robot performs is that it opens USDCHF trades with more disproportionate lot sizes when compared to that of EURUSD. For example, as at the time this review was posted, I had open trades for USDCHF whose lot sizes were 10 times more than that of EURUSD. If the trend goes in the direction of USDCHF, there is a potential for a huge gain. But if the trend is in favor of EURUSD, then the account must suffer a big drawdown.

    For the hedging strategy to work properly, the lot size ratio for the two opposing pairs must be 1:1. But because this was not the case, all rising accounts took a turn for the worse when the trend went in favor of EURUSD and against USDCHF. We hope the next version Andy releases will correct this proplem.

  • Reny4jah Reply
    Jun 25, 2010 @ 4:47 am

    O yeah, Strategy 1 is currently sleeping at the wheels, completely unconcerned with what is going on in the trading arena. Strategy 2 once in a while says ‘hello’ and goes back to bed; while Strategy 3 is overworking both the robot and the account making its ballooning balances head for a downward course. There are still many fixes that Andy needs to make for this robot to stand the test of time. Reminding Strategies 1 and 2 of their jobs and forcing them to accomplish their tasks are surely a part of the required fixes.

  • RossC Reply
    Jun 22, 2010 @ 1:58 am

    Hi admin,

    Same as reny4jah, I can not succeed in finding a path to register for VIP section (I’m using a Firefox browser).

    I spent 5 minutes going around in circles on multiple screens and gave up.

    What is the secret?

    • admin Reply
      Jun 22, 2010 @ 2:07 am

      Hmm I am not quite sure, I can’t seem to find a way to NOT get in regardless of what I do. When you go to the vip page, what page do you see? Any errors when you enter the password?

  • Chicken Reply
    Jun 21, 2010 @ 12:36 pm

    What settings were used to test for the comparison?

  • Chicken Reply
    Jun 21, 2010 @ 12:04 pm

    Can someone provide the settings for $ 300 account?

  • Dean Guile Reply
    Jun 21, 2010 @ 8:26 am

    @admin, im using the equivalent to my micro account at fx open, so its 50,000 start balance with lowest risk settings advised by author.

    • wind Reply
      Jun 22, 2010 @ 0:27 am

      Hi Dean, with capital of 50k to start and floating with 500 is normal. you are about losing 1%. If your capital is 1k, and floating up till 500, then your account can prepare for margin call. 😉

  • admin Reply
    Jun 21, 2010 @ 8:08 am

    What size account and what kind of risk are you running?

    • wind Reply
      Jun 21, 2010 @ 10:58 am

      ya. I believe it is due to the setting of the size lot? Can you check on your account size, is it mini or micro account? what I would recommend is adjust your lot size, or at least run in demo 😉 hope it helps.

  • Mike Reply
    Jun 21, 2010 @ 4:16 am

    @cristobal: I checked your myfxbook, and today you have -502$, so far. And you have loss in the last 3 days as well. Is this a different account of did I miss something?

  • Allan Reply
    Jun 20, 2010 @ 19:26 pm

    @Mike
    Hi, I’ve done backtesting also with the bot and the results all seemed to be margin calls, with mixed settings, some settings ate the account in 3 days, some other settings ate the account withn like 20 days, anyway it was never over the $500 dollars I tried with. I will run some with the new update and see what comes out of it.

  • southernpitbull Reply
    Jun 20, 2010 @ 17:08 pm

    version 1.1a is now out for yall to download.

  • Mike Reply
    Jun 20, 2010 @ 15:41 pm

    I noticed a lot OrderModify error 1, and a lot of OrderCloseError 131. I’m still figuring out what does it cause… Does anyone has a hint? thank you

  • Reny4jah Reply
    Jun 20, 2010 @ 1:11 am

    @Phillips

    I’ll advise you to try it on demo first before going live after this new version is confirmed safe.

  • Phillip Reply
    Jun 19, 2010 @ 10:53 am

    I am buying this software will it function on account starting from $250?

  • wind Reply
    Jun 19, 2010 @ 3:20 am

    let’s us see how version 1.1 works. Hopefully it really works as it published. Looking forward for next week trades. Let’s cheers for better tomorrow!!

  • Roger Reply
    Jun 16, 2010 @ 6:16 am

    @ anyone,
    I’m about to use pipbrains on fxopen micro account with a cash amount of $1140.
    any good suggestions to use? that is low to medium risk? properly.

  • wstephen Reply
    Jun 16, 2010 @ 6:08 am

    I manually closed up all my open trades (on FxPro) but luckily overall still with a small gain in my $3k acct.
    Will the lite and advanced version react different since the demo result is on advance while majority of us (if I am correct) are on lite.
    It has been 5 hours since I close all open trades and there has been no new trades open. I follow what admin suggested to turn off strategy #2.

  • Wooz2002 Reply
    Jun 16, 2010 @ 5:02 am

    @Admin:

    Hi, I noticed in MT4 statement PB closed out losing trades before hitting SL and your losses rarely goes over 100 pips; does PB actively manage it’s SL? Some other accounts like this one http://www.fxstat.com/perfomances/view/722 seems to be heading straight for the SL point; why is that?

  • Allan Reply
    Jun 16, 2010 @ 4:54 am

    @admin
    Hey you mean that we should turn the whole strategy 2 off and also the money management, or only mm which is under strat 2.. thanks.

  • Gmac Reply
    Jun 16, 2010 @ 4:41 am

    Thanks admin that would explain why I nearly had my account wiped out. Just started a demo on Sunday and have nearly 25% left.

    Also, I have a mini account with $2000 and 1:200 and lots of 0.1 is this to risky ? and should I change it to a micro?

  • John Reply
    Jun 16, 2010 @ 3:48 am

    Also, I have to question the Martingale used in Strategy 3. I don’t have a problem with a limited “cost averaging” Martingale. However, this one sometimes places trades within 5-6 pips (e.g., EURUSD short 1.2261 for .04 lots then a short at 1.2267 for 0.08 lots). If these trades were spaced out every 30-50 pips with a grid, ATR, etc, I’d be in a much better situation. Unfortunately, all of my losing trades are bunched up and the hedging/offset trades came much later.

  • John Reply
    Jun 16, 2010 @ 3:44 am

    From what I’ve seen, the main problem hasn’t been Strategy 2. It has been Strategy 3. I have a bunch of EURUSD shorts and USDCHF longs from Strategy 3 with very little hedging. I understand this EA sometimes closes a set of trades for a net loss. That’s fine as long as there is reasonable risk management (hedging). I have an almost one-way bet (EURUSD short and USDCHF long) and I’m about to close all the positions manually…it could get really ugly if I let it keep running.

    I’ve been following the demo account here and I’ve never seen such a dangerous lack of hedging. I’ve noticed the account has been flat for awhile (no new equity highs), but losses were always contained. What happened?!

  • Steve Reply
    Jun 16, 2010 @ 1:47 am

    My first trade day is today 06/15/10 with an 11K demo with Beam FX and FXCM. Each demo account placed the same trade and the same TP. But there was only one trade on one pair and closed +157.00 in profit. Not a dissapointment actually pretty good. I downloaded an MT4 from IAMFX.com but it keeps crashing. Also I will never ever use a martingale strategy and will disable this if I go live with this EA.

  • nanquan Reply
    Jun 15, 2010 @ 16:47 pm

    So far very mixed results for me with this EA. I have the light package, with default settings. Running it with a 500$ demo account on AlpariUK, IamFX, and Forex.com

    IamFX account is was showing great success at first, but at the moment is VERY close to getting a margin call (right now at -480 floating).

    AlpariUK also had good results, then lost it all, now it’s back up to profit @ 582$ without a lot of open trades like the IamFX account which are threatening to blow the account.

    Forex.com is somewhere in the middle, also good results at first, then some bad trades, now also has a lot of open trades with -321 floating. Not so good for a 500$ account.

    I also tried running PipBrains on easy-forex 1000$ demo account with 0.1 lots (because they don’t allow any less), and it wiped out the account within 1 day with strategy no.3 (martingale). Unfortunately I did not see it put down a nice hedging bet somewhere in the middle of the trend to minimize those huge losses. Hedging is a good insurance policy with martingale, but only when implemented correctly. Unfortunately PipBrains just allowed the account to be wiped out, and didn’t place any hedging trades to minimize those losses. This is the same as with ForexHacked, where the hedging system is in “beta” for over 6 months, and it only works half the time.

    Pretty disappointing so far. Will keep updating!

  • Reny4jah Reply
    Jun 15, 2010 @ 14:30 pm

    @Naomi:

    I opened my demo through that link that says: “FXopen MT4 ECN demo account.” I am not sure if depositing $100 in your account will earn you a margin call that quick since you can deposit less than that and still trade with FXOpen. To allay your fears, however, I will suggest you change the risk settings in the strategy sections to probably 5% rather than the default risk settings: 15% (Strategy 1) and 150%(Strategy 2).

    Of course, if losing that $100 will not affect your lifestyle, you may leave the sesttings the way they are. As we all know, gambling and forex trading are twin sisters. Hope this helps.

  • wind Reply
    Jun 15, 2010 @ 11:35 am

    100 definitely is not enough to play with default risk setting, unless you are playing with cent account 😉

  • Dean Guile Reply
    Jun 15, 2010 @ 8:30 am

    i just opened a demo account. and its closing trades like instanltly with couple dollars profit, its not waiting to get to the profit take mark, why is this, how can i get this to do this in my live account?

  • wooz2002 Reply
    Jun 15, 2010 @ 3:45 am

    HI, Would $100 be enough to use default risk settings? What is the recommended account size for the default risk settings?

  • Yek Reply
    Jun 15, 2010 @ 1:06 am

    I think start 0.10 lot size will be too big the risk for small account. I did not really understand all the parameters.

  • Allan Reply
    Jun 14, 2010 @ 0:08 am

    Hello,
    To who it may concern:
    I found that it uses 3 strategies, anyone know exactly what each of the strats means?
    how do they behave is there any information explained each of those strategies?

  • Reny4jah Reply
    Jun 13, 2010 @ 22:08 pm

    Hi Clown:

    It depends on your broker of choice. If the minimum allowable lot for your broker’s micro account is 0.05, then you are on the right track. But if your broker’s minimum is higher than this, the robot will not perform.

    So check the Terms and Conditions of your broker and act accordingly.

  • Reny4jah Reply
    Jun 13, 2010 @ 21:57 pm

    @Allan:

    You may highlight the amount and overwrite it by typing 500 over the any chosen amount. Hope this helps.

  • wind Reply
    Jun 13, 2010 @ 21:42 pm

    @clown:

    May I know your acc size? are you using mini acc or micro acc (cent)?

  • Allan Reply
    Jun 13, 2010 @ 20:30 pm

    @Reny4jah
    Hello, after your comments I opened an account with Fxopen to try pipbrains on that platform, also I am going to try it on alpari, my question to you if you can help is, when I am opening a demo account with FxOpen it is giving me $50000 no matter what amount I am choosing, that is not good, because I asume if the EA is using MM it will do higher amount of lots and it wont work for me to make my analysis properly because I am planning to start only with $500 dollars, what can I do in this case, have you ever had this problem?

  • clown Reply
    Jun 13, 2010 @ 14:00 pm

    Hi Brainers can i start with 600$ on a 1:100 broker with a min Lot 0.05 setup or is the risk to high for this account .
    Thanks for answer and good day to all here.

  • Dean guile Reply
    Jun 13, 2010 @ 8:25 am

    At reny, watsettings would I need to change to achieve ur kind of results

  • Reny4jah Reply
    Jun 13, 2010 @ 5:13 am

    @Everyone

    Thank you guys. You are the best! I knew we would find a solution to that nagging problem in this forum. I have the version dated Monday June 7, 2010. I believe the developer had to make the quick adjustment after being flooded by emails from “angry” customers.

    Thank you again for the tips.

  • wind Reply
    Jun 13, 2010 @ 4:19 am

    @Reny4jah: you have to download the latest pipbrains software, the latest one is dated 10th June 😉

  • Jeremy Reply
    Jun 13, 2010 @ 2:56 am

    @Reny4jah

    I forgot to say what the parameter says. It will just say ECN

  • Jeremy Reply
    Jun 13, 2010 @ 2:53 am

    @Reny4jah

    It is in the “Global Settings” section at bottom and right above the “strategy 1” line.
    The ECN setting will say false. Just click on it and change it to true and that will turn it on. Let me know if that helps. Hopefully that will end the error you have been seeing. I notice that fulcrumfx above had to download the software again in order to see the ECN setting. I don’t know why that would happen.

  • RossC Reply
    Jun 13, 2010 @ 2:26 am

    Hi FBI admin, I have just started doing a few tests on the full version I bought from PipBrains the other day, through your coupon. (I like this site)

    It is not showing same trades as your currently running forward test.

    Is there possibly an updated settings list you are using, or is your copy an earlier version.

    Far fewer trades and not the same equity growth.

    Any info greatly appreciated.

    Kind regards

  • Reny4jah Reply
    Jun 13, 2010 @ 1:14 am

    @ Jeremy:

    I searched everywhere on the robot’s setting screen; from top to bottom. But I couldn’t find any parameter that needs to be changed to match ECN requirement. Could you please quote exactly what the parameter says? I am using the lite version of the robot too. Thanks.

  • fulcrumfx Reply
    Jun 12, 2010 @ 20:05 pm

    @Jeremy

    Thanks for the info Jeremy. When I downloaded after my purchase, the ECN parameter was not there. I just went back and downloaded again and now it is there. Thanks again!

  • Dean Guile Reply
    Jun 12, 2010 @ 16:53 pm

    wow pipbrains looking good, im currently using Forex Hacked but not happy with over 70% of my balance being used at once to make a small $9 profit. Is pipbrains worth it do you think over Forex Hacked ?

  • Jeremy Reply
    Jun 12, 2010 @ 14:46 pm

    @Ray. I may be wrong but I think you need to turn your ECN setting to true to get rid of invalid stops problem. I had a similar problem on another ea and changing that setting cleared it right up. Let me know if that does it.

  • myths Reply
    Jun 12, 2010 @ 1:19 am

    Hi Guys,

    I want to open new live account with openFx for this EA, but I’m not very confident with openFX, can anyone please share your experience?

    Thanks

  • wind Reply
    Jun 11, 2010 @ 23:56 pm

    hi, I’m satisfied with the performance so far. I just twisted on the lot size 😉 beside that, I also found it works more efficiently on leverage 1:100 ~ 1:300. previously I was using 1:500, it doesn’t open so many trades. After i changed to 1:200, it opens more trades and profit.

  • wstephen Reply
    Jun 10, 2010 @ 8:48 am

    Just bought the lite edition and put it on live.

    Anyone know what is the setting for EURUSD & USDCHF in PipBrains Result as published in myfxbook? The default setting in the lite edition doesn’t seem to behave the same way as per the result especially the lot size.

  • Joe Reply
    Jun 10, 2010 @ 7:55 am

    On my end I only see a blank page when I click on the title tabs like brokers, featured, free robots, etc. I dunno if anyone else is experiencing this one too.

  • wstephen Reply
    Jun 10, 2010 @ 7:10 am

    Hi ALL, I just purchased the Lite edition and put it right away in live with all default setting.

    Anyone here know the setting in pipbrains result posted in myfxbook? I noticed the setting is definately a higher risk than the default.

  • Joe Reply
    Jun 10, 2010 @ 6:44 am

    @admin
    Looks like all your articles on this site are down too 🙁

    • admin Reply
      Jun 10, 2010 @ 6:48 am

      They are working ok for me… Are you sure?

  • admin Reply
    Jun 10, 2010 @ 6:32 am

    @Allan
    Sorry about that, I had an unfortunate attack on my blog that left my wordpress at it’s knees. Took a few hours but I got it settled.

  • Simon Reply
    Jun 10, 2010 @ 5:12 am

    Hi, I just purchase the advanced robot and was reading the manual. Does anyone know about the 3 strategies and what settings to use?
    Thanks!

  • Allan Reply
    Jun 10, 2010 @ 2:42 am

    Hello people! it is released already, but I did not purchased it because forexfbi was not working and I was waiting for the 10% off, how is this robot running so far, anything good for someone?
    Regards,

  • Cristobal Reply
    Jun 10, 2010 @ 1:32 am

    Oh my good news, I entered to the site 5 minutes before 3 EST, and I got advanced package for $256.00 lite was for $159.00, ofc admin respected the offer 🙂

  • wind Reply
    Jun 10, 2010 @ 0:55 am

    you need sometime for verification, after that you will receive an email and your acc will be activated. 😉

  • promark Reply
    Jun 10, 2010 @ 0:34 am

    How do you get the EA Pip Brain

  • wind Reply
    Jun 9, 2010 @ 23:20 pm

    sorry, my mistake, it can be used. I just purchased one 😉

  • wind Reply
    Jun 9, 2010 @ 19:40 pm

    the coupon seems not valid..anyone try it?

  • Cristobal Reply
    Jun 9, 2010 @ 4:04 am

    Thanks Reny, you are rigth, I’d changed my opinion!

  • Reny4jah Reply
    Jun 9, 2010 @ 2:29 am

    Guys,

    If you don’t know what you are doing, you better go for the lite package. Otherwise you might end up blowing up your account while trying to “optimize” the robot. The developer said that both packages come with exact same optimization and settings, which means they will behave EXACTLY the same way if no alteration is done from the user side. Besides, Andy said from time to time, the settings will be changed to fit any changes in market conditions. His team, as Andy said, will always come up with the best settings for the market after which ALL members will be notified of any changes required to ride the tides.

    If you know how to play with 60 advanced variables that the package comes with, God help you. Go for the advanced copy. But if you just want to stick to the basic and still rob the market with default settings, I would advice you to go for the lite package. It still save you money in the process. Doesn’t it? Just my humble opinion!

  • Cristobal Reply
    Jun 9, 2010 @ 0:57 am

    I’ll go for advanced I think

  • wind Reply
    Jun 8, 2010 @ 22:53 pm

    yes!! can’t wait for its launch. btw, do you all will sign up for the advance or lite package? just want to have some opinions.

  • Reny4jah Reply
    Jun 8, 2010 @ 20:53 pm

    That is kind enough. Please get it for us. Thanks!

  • Cristobal Reply
    Jun 8, 2010 @ 19:54 pm

    Tomorrow pipbrains launchs, admin could you get us a discount? Thanks!

  • John Reply
    May 26, 2010 @ 19:35 pm

    Admin: thanks for the reply. How does it perform in the backtests?

  • John Reply
    May 26, 2010 @ 16:21 pm

    Is it possible to backtest this? It’s performed very well, but appears to have some Martingale activity. In addition, the three strategies open many trades with very different lot sizes. I can imagine some big losses or drawdowns if conditions aren’t right. That’s why I’m hoping you can backtest it and get an idea of risks and worst-case scenarios…

    • admin Reply
      May 26, 2010 @ 18:56 pm

      Yes I can backtest it fine. The martingale part of it seems to be capped at 4 trades, but can be adjusted down, as well as the stoploss.

  • Gabriel Reply
    May 26, 2010 @ 10:24 am

    Sir,
    Are we able to choose the pairs to trade with Lite version? I wish to trade EUr/USD only.

  • Gabriel Reply
    May 26, 2010 @ 10:11 am

    Sir,
    I wonder if it is safe to buy via Regnow the agent…do you think we can easily get a refund, just in case?

  • Gabriel Reply
    May 26, 2010 @ 9:49 am

    Hi, there are two version…lite and advanced. So, is there any difference in terms of performance and returns? If the advanced version produces the same result, I bet the lite one will do. who is the collector…clickbank or pullimus?

    • admin Reply
      May 26, 2010 @ 18:53 pm

      @Gabriel
      I don’t think there will be any performance difference between the lite and advance. The collector is regnow, I asked about ordering it early for users finding order pages on google and what not, and Andy said the EA is not 100% ready, nor is the members area. So you would get your active account, but there is no download link to get pipbrains.

      Yes you can chose what pairs to trade, you don’t have to trade both.

  • Rob Burgess Reply
    May 25, 2010 @ 19:08 pm

    Can somebody tell me why this is so ‘amazing’ when it has not been released yet?

  • sanson Reply
    May 25, 2010 @ 16:07 pm

    I ALSO WANT TO BUY IT. WHAT IS THE PROBLEM? WHY IS NOT OUT YET? SEEMS MORE THAN JUST GOOD TO ME, AND ALSO SEEMS THAT THEY ARE TAKING WAY TOO MUCH TIME TO RELEASE IT . ARE’NT THEY SURE HOW THEY ARE GOING TO MARKET IT? WHO CAN I CONTACT TO TEST IT?

  • MJ-L Reply
    May 22, 2010 @ 4:16 am

    I can’t wait.. please tell me when I available this amazing EA.

  • Ukememike Reply
    May 21, 2010 @ 18:28 pm

    Their web page is down or not found. When is it going to be released?

  • poorpete Reply
    May 21, 2010 @ 16:04 pm

    Admin
    Pls try to get a discount deal with them like Forex Hacked.
    I took some hits with Forex Hacked yesterday due to the fed anouncement.
    Today it recuped all losses and some. Not bad. Pipbrains seems to be thriving on the volatility. Nice.

  • Reny4jah Reply
    May 21, 2010 @ 4:14 am

    @Admin: Just curious; Is this EA running on customized settings or out-of-the-box settings? It won’t take time before it dethrones Forex Hacked. Any words on the release date yet?

    • admin Reply
      May 21, 2010 @ 4:44 am

      Yes out of the box settings, I can’t believe the results it has pulled off in just a week. 500% is ridiculous I don’t even think I could get forex hacked to produce that kind of return in 1 week with high risk settings and a ton of luck. I am already considering throwing this on a $1000 live account at fx open, but will wait for a final release.

  • southernpitbull Reply
    May 20, 2010 @ 18:44 pm

    the results on this thing are amazing so far. Really wish we had word on when this one was coming out.

  • asiCs Reply
    May 18, 2010 @ 7:02 am

    hi admin, will you send some kind notification when this EA comes out for sale?
    I’m done with FH (and it making money as we speak 😉 can’t wait to try PipBrains on my other live account

  • hatchsead Reply
    May 17, 2010 @ 15:15 pm

    Hi Admin,
    Could you please ask Andy when he thinks the EA will be available for sale again. It’s taking forever and some of us are getting impatient. Anyway, them him to take his time as long as he comes out with a superb product with possible stealth mode settings to beat some unscrupulous brokers at their game.

  • Reny Reply
    May 15, 2010 @ 5:16 am

    I agree with you, Miguel. It would be nice if Admin could strike a deal with Andy and therefore get us a code discount as a reward for patiently waiting for the release of the said new copy.

    Its new performance is just too good to let pass.

  • southernpitbull Reply
    May 14, 2010 @ 20:46 pm

    thanks for the quick reply. i was just curious. any word on a release date yet?

  • John Reply
    May 14, 2010 @ 17:26 pm

    Looks like this was re-started on a new account. Why? The other account had open losses that were almost as much as the gain (from closed trades).

  • southernpitbull Reply
    May 9, 2010 @ 21:52 pm

    really looking forward to seeing this one come out. any word on a release date yet?

  • deampaicype Reply
    Apr 21, 2010 @ 17:26 pm

    Hey

    Really glad to get into this forum
    It’s what I am looking for.
    Hope to know more member here.

  • Todd Reply
    Apr 8, 2010 @ 20:50 pm

    Needs to adjust something on eurjpy. Taken 3 sell trades against the move up today.

    • admin Reply
      Apr 9, 2010 @ 7:35 am

      I got an e-mail from Andy (the Pipbrains owner) today with updated versions and a bit of information. He has decided to take EURJPY out, and put GBPUSD in because of the current market conditions. He has also tweaked a few indication techniques, changed some settings, and added a few new features apparently in these new versions. So I decided to reset the account as it was back to just over par but still slightly in profit.

      This is a great sign so far, a developer providing fast updates for an EA still in beta not even out yet! I’m impressed, most vendors didn’t even reply to my e-mails asking for a review copy for this site. Anyways we will see how this update performs.

  • Todd Reply
    Apr 7, 2010 @ 20:42 pm

    Not to good on the last two eurjpy trades. Apparently the stop loss is more than 150 pips. Thats why I dont like these systems that open more than one trade at a time .You get into a couple that go against you you get hammered 320 pips 10 to 20 percent of your account in one shot.

  • Todd Reply
    Apr 5, 2010 @ 21:49 pm

    Have you heard a release date for Pipbrains to be able to purchase

  • admin Reply
    Apr 1, 2010 @ 19:15 pm

    Yes these are straight out of the box default settings.

  • admin Reply
    Mar 19, 2010 @ 9:48 am

    Looks like end of March, early April this one is due out.

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