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Forex Steroid (SteroidFX) (By fxrobotreviews )

The user has deleted this system.

Forex Steroid (SteroidFX) Discussion

yadgayan (yadgayan)
Jan 12 2016 at 08:05
7 posts
Hi All,
Never make profit in real. If its yes why do they are not showing it. As per details ea need just 100$ for trade. I dont think owner of this cant run live test and prove their result without doing BT. This is really scam.
This is real performance.
https://www.myfxbook.com/members/victorp2177/forex-steroid/1461403

So now all you can understand this scam.
So be honest before sell and think twice before you buy.

willgart
Jan 12 2016 at 11:45
588 posts
yadgayan posted:
Hi All,
Never make profit in real. If its yes why do they are not showing it. As per details ea need just 100$ for trade. I dont think owner of this cant run live test and prove their result without doing BT. This is really scam.
This is real performance.
https://www.myfxbook.com/members/victorp2177/forex-steroid/1461403

So now all you can understand this scam.
So be honest before sell and think twice before you buy.

well... its not because an EA didn't perform well with some broker or tiny account that the EA is a scam.
the problem with this EA is the very low amount of pips. 5.9pips in average.
which mean that the broker has to be very fast and must have a very good signal.
a 100$ account generally fall into slow execution patterns with big spread. so this account will fail for sure.
the second problem is finding the right broker, its where the vendor MUST publish results from real account and using multiple brokers, to confirm that the EA can be used correctly.
if your argument: bad results = scam, then all the EA in the world are scams, they all failed at any point in time, they all perform differently from 1 account and 1 broker to the other.

SergejMaehler1
Jan 12 2016 at 13:27
19 posts
willgart posted:
yadgayan posted:
Hi All,
Never make profit in real. If its yes why do they are not showing it. As per details ea need just 100$ for trade. I dont think owner of this cant run live test and prove their result without doing BT. This is really scam.
This is real performance.
https://www.myfxbook.com/members/victorp2177/forex-steroid/1461403

So now all you can understand this scam.
So be honest before sell and think twice before you buy.

well... its not because an EA didn't perform well with some broker or tiny account that the EA is a scam.
the problem with this EA is the very low amount of pips. 5.9pips in average.
which mean that the broker has to be very fast and must have a very good signal.
a 100$ account generally fall into slow execution patterns with big spread. so this account will fail for sure.
the second problem is finding the right broker, its where the vendor MUST publish results from real account and using multiple brokers, to confirm that the EA can be used correctly.
if your argument: bad results = scam, then all the EA in the world are scams, they all failed at any point in time, they all perform differently from 1 account and 1 broker to the other.


Did you try this EA on Live account?

Professor53h (Professor53h)
Jan 13 2016 at 08:11
23 posts
Following. ANy one having good use of it? Demo or real accounts???

Work Hard and Play Harder!!
Professor53h (Professor53h)
Jan 13 2016 at 08:12
23 posts
The1foryou posted:
I have emailed the Forex Steroid customer support people many times and they have always answered me promptly. They have sent me a special link with their live account that has been running for about 9 months now with great results.

https://www.fxblue.com/users/forexsteroid

I think I will try the EA soon... :-)


Did you buy it???
P53

Work Hard and Play Harder!!
yadgayan (yadgayan)
Jan 13 2016 at 10:47
7 posts
any one know broke who provide those conditions :) its joke. you will never find. Thats y i told this is scam.

willgart
Jan 13 2016 at 11:42
588 posts
yadgayan posted:
any one know broke who provide those conditions :) its joke. you will never find. Thats y i told this is scam.

I dont know any broker providing good conditions for a 100$ account... you have to setup a real account (10K$ min) and you have to negotiate to have a better spread.
you cant say its a scam because of a bad broker or account.

upandgo
Jan 13 2016 at 12:01
117 posts
The biggest problem with larger account is that the seller delivers only with a limitation up to 5 lots ! 😡

This is far away, from what he is showing here and at his fxblue account.
Over there he started already with 13 lots at 7k equity.

https://gyazo.com/60ad16afb9631dcf2b0ee6c38fa746dc

And he never showed that somewhere trough the purchase process.
Only very small it is written in some 'agreement'

So you never can get this performance, or need the seller probably sell you 'more lots' for a lot of money...

Up to now my results lower than his performance, but must watch longer.
EA is running at Robofoex ECN demo with 10k since 4 days.

Irishmist
Jan 13 2016 at 22:39
136 posts
SergejMaehler posted:
@ozzie, yes it run on fxvm.net VPS London > ActivTrades so there is the best combination.


which broker are you using and care to ask the broker about the execution latency from order to execution by LP. Having a fast VPS even on a cross connect to the broker does not matter as much as the execution time by the Liquidity provider which equals to slippage or being pipped by the broker. A good broker will not exceed 120ms.
On a demo account it will always work cause the fills are instant as there is no latency in execution. The strategy is good problem will always be in live order execution lag.

I was thinking of testing but too many bad reviews is not good

The1foryou
Jan 14 2016 at 09:09
5 posts
Professor53h posted:
The1foryou posted:
I have emailed the Forex Steroid customer support people many times and they have always answered me promptly. They have sent me a special link with their live account that has been running for about 9 months now with great results.

https://www.fxblue.com/users/forexsteroid

I think I will try the EA soon... :-)


Did you buy it???
P53


No I haven't. The more I read about other people's comments, the more I want to stay away from it...

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