Details
- Currency Pairs: GBPUSD | EURUSD
- Timeframe: H1
- Price: $799 (or $347 per month for 3 months)
- License: 1 live account
- NFA compliance: yes
- Refund policy: 60 days through Clickbetter
- Vortex Trader Pro Website
Strategy: Vortex Trader Pro trades very similar to Doug Price’s Channel Trader Pro in the sense that it connects to their database to receive trading signals. It appears to trade any and all hours, with a risk:reward ration of 2:1 averaging 10 pip profit and 20 pip losses. Doug Price claims it measures volatility and oscillation, track price action, and monitors trends. CCI, Moving Averages, WPR are 3 indicators it claims to use.
Performance
Doug Price is back with his partner broker Synergy FX. This one seems better off than his REV Trader Pro however because you are essentially copying the same signals he is using.
This is a customer live account trading Vortex Trader Pro on RoboForex broker. Their results are quite similar to the vendor account which is a good sign.
Pros & Cons
Pros
Cons
- 60 Day refund policy
- Results match vendors success
- $700 price tag
- Exposure to large drawdowns possible
Rating
7.5
Overall Score
While I like the idea of signals being broadcasted from their vendor account to all customer accounts, I'm still on the fence about Vortex Trader Pro. I feel like the 10 pip wins will eventually be manipulated by brokers similar to what happened with FAP Turbo years ago. If I were a betting man, I would say the best days are behind us on this one. I just don't see it maintaining this kind of performance. I'm still going to give it the thumbs up, but will be watching closely.
2 Comments
Yonas
Anyone using this and seeing similar results as the vendor account?
tom
I was using this EA, The system racks up huge losses and then makes literally tiny wins when it does. I have tried to get customer support and they only send patronising messages back and more annoyingly adverts for his new systems. You could not convince me to buy any of Doug Price’s systems. Stupidly I wanted it to work as it appears on face value it does, but look deeper into his ‘live’ account and you can see real discrepancies that just don’t add up, especially to the gains he suggests! My advice (for what its worth) is to spend the hefty price tag on education and try to do it manually; its much more gratifying and you are not in the hands of someone who wants to simply sell more and more products and then cut the signals after a year with no offer of money back!!