I've been using pipstrider live and it works great for me. i'm running it with EUR/USD, AUD/CAD, and AUD/NZD. it's tuned for AUD/CAD but works great with EUR/USD although some have said will eventually cause trouble with EUR, i did backtesting and found good parameters and finding it very profitable and consistent. It has its risks sure but i understand how it works and can plan accordingly, run it conservatively and its steady money maker. Love it.
Recommended is conservative and steady and it cranks, like this:http://www.myfxbook.com/members/lantian/fivebyseven-us-demo/236478
(this one started out high risk and experimental now a steady PAMM running with similar settings to recommended demo account shown above)
I even have one very risky demo running that crashed running 3 pairs at once at high risk (for size of account), i stopped GBP/USD after the crash and still running it on 2 pairs and it came back and made the profits back in a short time.http://www.myfxbook.com/members/lantian/pipstrider--hyperea-hot-demo/221717
More data that a low risk setting will crank away:http://www.forexpeacearmy.com/metatrader_expert_advisor/forex_cantata/demo
(Cantata is a locked down cheaper version of PipStrider made for aud/cad aud/nzd from what i understand, impressive)
PSS: I know this is old by now but Gerald that's not right for you to even enter a rating!!! if you have not studied it or used it and are just assuming its bad until you see some other's results, that's a good idea for you to be skeptical but stay on the sidelines until you know something do not enter a low rating if you don't know about this product that's unfair!