The only decent software Steinitz has is his fractal breakout indicator. Even then, that takes some trading experience to use effectively.
Honestly, the robot he sells, is just not one that anyone should seriously bother with. It's borderline expensive, and the drawdowns are incredible, and will just wipe your account out. Don't even think about using it with less than $10,000, but better yet, simply don't bother using it at all.
Even if you somehow COULD get it to work as a trading system - there are better EAs out there that won't torture you with drawdowns like this one does. Steer well clear.
The only bots I would ever consider using live are bots that:-
* Survive 10-year backtests and thrive over time.
* Don't contain Martingales
* Controlled drawdown (Steinitz EA fails this completely) |