| | |  | | | PipCop - Real Forex robot reviews on real accounts! | | |  | » Welcome to the Pip Cop - Forex Robot Reviews and forums. |
PipCop reviews MetaTrader Forex robots (EA's) in real-time and posts detailed statements every 15 minutes. We ONLY forward test on real accounts for the most accurate robot reviews! Be smart! Read the Review FAQ or you WILL lose money! If you enjoy the site, please let me know by registering or donating! Thanks! -- PipCop  P.S. This message is hidden if you register! | | General Discussions about Forex and trading |
2009-03-25, 01:23 AM
|
#1 (permalink)
| | Rookie Pip Officer
Trader for 0 - 1 year
Location: Malaysia
Posts: 12
| any EA start with 500 usd and below... Hi,
I'm consider new to forex environment...
Although, did some reading and research on9 for 3-5 months...
But, still confusing about choosing a real profitable and workable EA.
However all the EA have a Backtest result shown on the website..
But, not all the website showing the forward demo or live account on the website with the requirement below: - Staring balance 500 below (I know not all ppl can effort high capital right?? include me
  ) - leverage 200:1 or leverage
400:1 - Provide Most correct and profitable .set file
- Support micro and mini account
Can anyone here advice and give some opinion about which EA can fulfill the requirement above?  
Below are the EAs i do reserach b4: - FapTurbo v36, v37, v44 PRO &and v47 PRO
- Forex Boomerang
- Forex Brotherhood Module 1
- Forex RoboTrader
- Forex AutoTrader
- Forex Funnel
- PipTronic v1.0 , v2.0 and X
- Pipzu Extrapolated v1.1
- PipForia Hedge
Grid EA - PipBoxer v3, v4 and GridBoxer v1.0.5
- Stomper and e-Stomper
- EA Shark Ultimate v4.0 Build 02 and v5.0 Build 01
- EA Sigma Ultimate v1
- USD CAD
Terminator - GT-Shadow
- RoboMiner
- GridWeaver
All have good backtest result but duno which 1 is the real workable and not scam..? Hope my thread would not close by the forum modulator or admin,
If i wrote any mistake or make sense word plase pm to me and i edit it..
Please Advise...
TQ.
Best Regard To All!!!
have a nice DAy..! |
| |
2009-03-25, 10:18 AM
|
#2 (permalink)
| | Pip Chief of Police and Site Owner | Any robot that you can set the lot size will allow you to start with a smaller balance. All you have to do is set the lot size to something like 0.01 or 0.001 and you will be okay.
I have started a live account with a few robots here, and have used $200 or less with no problems (other than the robot failing  ).
Also, most backtests are bullshit. A forward test is the only real way to determine performance. As you can see from the reviews here, many of the robots have GREAT backtests and the fail under forward testing.
Finally, you can see my $200 RoboMiner account by clicking the MT4Stats.com icon to the left
<------- over here |
| |
2009-04-01, 12:44 AM
|
#3 (permalink)
| | Rookie Pip Officer
Trader for 0 - 1 year
Location: Malaysia
Posts: 12
| Quote:
Originally Posted by PipCop Any robot that you can set the lot size will allow you to start with a smaller balance. All you have to do is set the lot size to something like 0.01 or 0.001 and you will be okay.
I have started a live account with a few robots here, and have used $200 or less with no problems (other than the robot failing  ).
Also, most backtests are bullshit. A forward test is the only real way to determine performance. As you can see from the reviews here, many of the robots have GREAT backtests and the fail under forward testing.
Finally, you can see my $200 RoboMiner account by clicking the MT4Stats.com icon to the left
<------- over here |
thank for ur reply PipCop...
if i start with a 500 starting balance, what leverage  is suitable for me? if the brokerage i choose is available up to 500:1... |
| |
2009-04-01, 12:26 PM
|
#4 (permalink)
| | Pip Chief of Police and Site Owner | That's a decision you have to make. I like 100:1, other people like 500:1, and everything in between. You should research exactly how leverage  works so you fully understand it, and then make a decision that matches your risk level. |
| |
2009-05-05, 01:38 PM
|
#5 (permalink)
| | New user
Trader for 2 - 4 years
Location: United States
Posts: 2
| any EA start with 500 usd and below... Hi all, nice to be a part of the army.
I bought the Griffin Ultimate Expert Advisor  (Robot) on my 500 USD Mini Account. It has never undertaken any trade since i bought it for many many weeks.
Please does anyone know about this product or the manufacturer to ascertain its reliability?
Is my account margin  the problem or?
Do I really need to overload my account with lots of thousands before a Robot can take a trade (even if its good or bad trade)? |
| |
2009-05-05, 01:58 PM
|
#6 (permalink)
| | Pip Chief of Police and Site Owner | Do you see a smilie face in the top right corner of the chart that the robot is placed on? |
| |
2009-05-06, 02:40 PM
|
#7 (permalink)
| | Rookie Pip Officer
Trader for 0 - 1 year
Location: North Bay, ON
Posts: 10
| Quote:
Originally Posted by cchong88 Hi,
I'm consider new to forex environment...
Although, did some reading and research on9 for 3-5 months...
But, still confusing about choosing a real profitable and workable EA.
However all the EA have a Backtest result shown on the website..
But, not all the website showing the forward demo or live account on the website with the requirement below: - Staring balance 500 below (I know not all ppl can effort high capital right?? include me
  ) - leverage 200:1 or leverage
400:1 - Provide Most correct and profitable .set file
- Support micro and mini account
Can anyone here advice and give some opinion about which EA can fulfill the requirement above?  
Below are the EAs i do reserach b4: - FapTurbo v36, v37, v44 PRO &and v47 PRO
- Forex Boomerang
- Forex Brotherhood Module 1
- Forex RoboTrader
- Forex AutoTrader
- Forex Funnel
- PipTronic v1.0 , v2.0 and X
- Pipzu Extrapolated v1.1
- PipForia Hedge
Grid EA - PipBoxer v3, v4 and GridBoxer v1.0.5
- Stomper and e-Stomper
- EA Shark Ultimate v4.0 Build 02 and v5.0 Build 01
- EA Sigma Ultimate v1
- USD CAD
Terminator - GT-Shadow
- RoboMiner
- GridWeaver
All have good backtest result but duno which 1 is the real workable and not scam..? Hope my thread would not close by the forum modulator or admin, If i wrote any mistake or make sense word plase pm to me and i edit it..
Please Advise...
TQ.
Best Regard To All!!!
have a nice DAy..! |
Although it has not been tested by the PIPCOP, I like Euro-Blaster, available at Euro-Blaster.com for my small account. I use 0.01 lots and MM=true. 27 t/p and 500 s/l, and I have seen my $297 LIVE FXDD account grow to $385 in about two weeks. Maybe PIPCOP will consider testing this EA, as I think it is an awesome EA, unlike any I have seen or tested. |
| |
2009-05-06, 02:41 PM
|
#8 (permalink)
| | Rookie Pip Officer
Trader for 0 - 1 year
Location: North Bay, ON
Posts: 10
| see my stats at http://berryblonde.mt4stats.com (there are a few 'droid trades in the two, for good measure). |
| |
2009-07-22, 02:26 PM
|
#9 (permalink)
| | Rookie Pip Officer
Trader for more than 20 years
Location: Boca Raton Florida
Posts: 42
| Go to 4xproject.com, they review all EA's and have free ones too. they sort the bad Ea's from the good ones for you |
| |
2009-07-22, 02:29 PM
|
#10 (permalink)
| | Rookie Pip Officer
Trader for more than 20 years
Location: Boca Raton Florida
Posts: 42
| Quote:
Originally Posted by BerryBlonde72 Although it has not been tested by the PIPCOP, I like Euro-Blaster, available at Euro-Blaster.com for my small account. I use 0.01 lots and MM=true. 27 t/p and 500 s/l, and I have seen my $297 LIVE FXDD account grow to $385 in about two weeks. Maybe PIPCOP will consider testing this EA, as I think it is an awesome EA, unlike any I have seen or tested. | 4Xproject.com reviewed euroblaster and it did not come out that good |
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