I couldnt find any conversation on the NEW EA thats coming out today on June 26, 2012. I tryed to add it to the other board but couldnt open a new topic.
Anyone going to buy and run this? The live forward tests looks good. I just wish some other brokekrs were used. It seems to wait for a proper setup like megadroid does. ( i have it also, but have not used it in a while) SOme trading sites are live and waiting for it to trade. Any one else looking to buy this? Please post your live demo or real accounts. Any USA clients?
I bought PipJet 2 days after release and did a backtest - impressive results! Even better than MegaDroid. My recommendation is to put this on an account with at least $1,000. Lower deposits also work but the robot's real magic begins when that sweet spot of $1,000 equity is breached.
In my opinion (regardless of what the developers say) it is a revised MegaDroid trading the USD CAD instead of EUR USD - obviously the code has been modified to fit the USD CAD profile but the MegaDroid recovery code is the real magic of both these robots. Even the manual they provided for PipJet is still the MegaDroid manual, both robots also display exactly the same on MT4 - rest my case!
On my live account 2 trades so far - both in profit. Basically PipJet tries to trade every day during the Asian session provided all the trading rules and gates are passed successfully. Do not expect it to trade more than once a day, also expect days going by without any trades - the same as MegaDroid. If the conditions are not safe it will not trade.
With such high accuracy and brilliant recovery code this robot is very much suited to be used on your 'savings' account. It is 'safe' (95% accuracy) and in the event of a loss you know that the loss will be recovered quickly within 2 to 3 trades.
I am not an affiliate for this product but if you consider to buy this robot (recommended) then sent me a mail and I will send you a link of one of my marketing buddies that really needs your purchases after being hit by the Google Panda :(
Wrt Forex Magic Formula - pages and pages of selling and no real proof. For real proof I always come to MyFXBook to see LIVE accounts that are at least 6 months to a year old. I also go and check on ForexPeaceArmy.com - if it also not there, then I stay away!