Doug Price – Best Forex MT4 EA Reviews from 2020 and 2021 – Best Forex Robots tested and compared.

Pivot Trader Pro Review

admin — Fri, 28 Aug 2015 04:42:46 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: AUDUSD | EURGBP | EURUSD | NZDUSD | USDCAD | USDJPY,Timeframe: Any,Price: $799 (or $347 per month for 3 months),License: 1 live account,NFA compliance: yes,Refund policy: 60 days,Pivot Trader Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Pivot Trader Pro uses 3 indicators to look for trends, and looking for weakening to enter for reversals. It will hang on to trades for up to 1000 pips SL, so becareful![/quote]

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Performance

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[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Another account from Doug Price on Synergy FX which have a history of producing fake/manipulated results to increase sales of EAs. I suspect this one is not much different. Average win is 30 pips, average loss is -350 pips, but there are a few that have gone all the way to -1000 pips. How would you like to start your account off with a -1000 pip loss?[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading Pivot Trader Pro on ProfiForex broker. It’s only made 12% and already has had a 34% drawdown, yikes! That doesn’t exactly resemble the vendor account now does it.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of Pivot Trader Pro on FinFX broker. This is more a long the lines of what you should expect your live account to look like.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$700 price tag,Possibly fake vendor results,Avg 350 pip SL,Poor customer results

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[review]

Channel Trader Pro

admin — Wed, 05 Aug 2015 19:31:42 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: AUDUSD | EURJPY | AUDCAD,Timeframe: Any,Price: $799 (or $347 per month for 3 months),License: 1 live account,NFA compliance: yes,Refund policy: 60 days,Channel Trader Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: Channel breakout using a 200 pip stoploss, averaging 11 pip winning trades. Signals are sent as a trade copier from their vendor account like Vortex Trader Pro[/quote]

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Performance

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[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]Another trade copier from Doug Price, very similar to his Vortex Trader Pro. Pretty sure it’s the exact same EA that is sending the signals with slightly different settings. He then slaps another name and price tag on it and voila, more money in Doug’s pocket.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading Channel Trader Pro on ProfiForex broker. It was started June 26 2015 and is has mediocre results. We’ll keep on eye on this one.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of Channel Trader Pro on FXOpen broker. This one is fairly new so keep on eye on it to see if it continues to follow the vendors success.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy,Results match vendors success for the most part[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$700 price tag,200 pip SL with 11 pip TP might get you through their 60 day refund period unscathed, but this risk:reward ratio is bound to catch up to you eventually.

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[review]

Vortex Trader Pro

admin — Wed, 29 Jul 2015 02:36:06 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]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[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]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.[/quote]

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Performance

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[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]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.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]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.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of Vortex Trader pro on Global Prime broker. This one is fairly new so keep on eye on it to see if it continues to follow the vendors success.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy,Results match vendors success[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]$700 price tag,Exposure to large drawdowns possible

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[review]

REV Trader Pro

admin — Tue, 07 Jul 2015 06:05:18 +0000

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Details

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[list icon=”momizat-icon-arrow-right2″ ]Currency Pairs: GBPUSD | EURUSD,Timeframe: H1,Price: $697,License: 1 live account,NFA compliance: yes,Refund policy: 60 days through Clickbetter,REV Trader Pro Website[/list][/one_half][one_half_last][/one_half_last][quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Strategy: REV Trader Pro trades reversals in baskets of up to three orders, with a report of almost 1:1 for won/lost pips per trade. Uses a trailing stop to exit.[/quote]

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Performance

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[tab title=”Vendor Account” ][one_half][/one_half][one_half_last]This is the REV Trader Pro vendor account. There are some things about this “real” account you should know. Their broker SynergyFX has been known in the past to partner with forex robot vendors to show manipulated results to increase sales and broker signups. We’ve received numerous reports of this forex robot not performing like this vendor account at all.[/one_half_last][/tab]
[tab title=”Customer 1″ ][one_half][/one_half][one_half_last]This is a customer live account trading REV Trader Pro and as you can see it’s performance for a very expensive robot is just horrible.[/one_half_last][/tab]
[tab title=”Customer 2″ ][one_half][/one_half][one_half_last]Another live customer account of REV Trader Pro and this one is painful. You’re paying $700 to lose money.[/one_half_last][/tab]
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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]60 Day refund policy[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Manipulated vendor results,$700 price tag,Horrible performance

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[review]