REVIEW: I would call this one "Forex Loss Seeker". One more helpless attempt to clone forexautopilot turned into new crap. These guys really went too far and even stole some images from FAP and the whole structure of sales letter :) I would not waste your time discussing their pitch page anymore, so lets get straight to the backtest of this "great" system.
Take a look yourself: Click to view the backtest image
The numbers speak for themselves. Total loss again. System worked only in 2006-2007. Guys, it is end of 2008 now... Someone missed the train again.
Update Today I got a message from one of my readers.Ken wrote: The robot I recieved wasnt the same as the one you reviewed, or the one whose results they featured on their web page. It was a completely different robot. It was designed to trade the news releases with a straddle order above and below the price. The 1 year backtest results were positive, but only marginaly so. They had an 83% win rate, but their losses were almost triple the size of the wins. My concern is that these people arent just cloning one robot, they're cloning any robot they can, and trying to resell it as the Forex Profit Hunter. The bonus robot they included was an exact clone of the macd robot that comes with Meta Trader. I already contacted clickbank for a refund.
|