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Tested Result: fail

Updated: March 2010

Profitable: 3/10

Easy To Follow: 6/10

Honest Result: 3/10

Support: No More Support

Bonus Value: 0/10

Results: 1/5

The Good: Nothing good.

The Bad: Huge drawdowns. The risk/reward ratio is terrible


I have tested this robot on history:

Forex Pitbull backtest on EURCHF

It is awful! Drawdowns are too high!!!

The developers of this EA claim:

"The settings above highlighted in Red settings. The settings are not meant to be changed. If you are an experienced Forex investor with insight to the market, then you may benefit from casual adjustments.

However, if you are new to Forex or simply do not yet have the market insight to know when to adjust the settings, you are better off leaving them always at their default values as these are designed to be profitable in the long run."

However the backtest shows a sad picture. The risk/reward ratio is terrible - 300 pips SL for a 5 pips gain! Moreover be careful with GBPJPY currency, spreads may be high on some brokers!

The robot website looks like scam - incomplete backtests that show only proper periods with profits, so called "live trading" results for 9(NINE) lol happy days of trading that are not updated in real time. beware!

This is hilarious. I tried to contact their support. Here is what I received: Thank you for contacting No More Support. This is an automated response." does that sound funny to call support company "no more support?" Their site is http://nomoresupport.com LOL