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

Keltner Pro Review

admin — Wed, 02 Sep 2015 22:39:55 +0000

Details

Currency Pairs: EURUSD | GBPUSD | AUDUSD | NZDUSD | USDCHF
Timeframe: M15/M5
Price: $499
License: 1 live account
NFA compliance: yes
Refund policy: 60 days
KeltnerPro Website

Strategy: Keltner Pro is yet another robot that trades channel reversals in a basket of trades. Avg win is 40 pips with an avg loss of 23 pips. Opens trades at the start of a bar, and doesn’t appear to use any lot multiplier for it’s basket trades.

Performance

This is a live account of KeltnerPro on SynergyFX, a broker with a history of providing EA vendors favorable trading conditions for EA vendors in order to increase sales and broker signups. With that being said, the results of this are still not that impressive. It's been on a quite a down trend for most of 2015, who knows if it will ever turn around. Lets check some customer accounts.

This is a customer live account trading Keltner Pro on an unknown broker. The results are consistent losers, with a 33% drawdown already! The account has only been trading since the end of July 2015, yikes!

This is a demo account of Keltner Pro and just look at that 88% drawdown. Basically an account wipe on a demo broker feed, not good!

Pros & Cons

Pros

60 Day refund policy

Cons

$500 price tag
Possibly fake vendor results
Poor customer results

Rating

2.8

Overall Score

Keltner Pro is not worth the $500 price tag. Results are a mixed bag, you just don't know what you're going to get. You wanna pay $500 for a potential black box? There are better EAs to spend the money on.

Pivot Trader Pro Review

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

Details

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

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!

Performance

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?

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.

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.

Pros & Cons

Pros

60 Day refund policy

Cons

$700 price tag
Possibly fake vendor results
Avg 350 pip SL
Poor customer results

Rating

2.5

Overall Score

Pivot Trader Pro is another Doug Price scam. You may have a series of wins for a few weeks, but one of those huge SLs will wash it all away. You may as well just run martingale, it's essentially the same gamble.