***** Pips 4 Idiots Official Site *****

As numerous of the normal readers of this blog know, I don’t write reviews on each EA that is released. As you for certain know, between 2 – 5 new EAs are released each week. Most, if not all are scams. They are free EAs rebranded and sold once more with a different story line.

I occur to smell scams . As for this week, an additional EA was released and also the story line was that he was an ex broker, and he will revolutionise the Forex Industry, claiming that his new EA will make you $20,000 a month. Evaluating his statement, the Ea trades with 1 Lot, hence this EA makes 2000 pips a month. 1 pip trading with 1 Lot is equivalent to $10.

Speak to any trader, and claim that you make 2000 pips a month with an EA, and he will simply tell you – ‘Fuck Off’. It’s virtually impossible. And you only make cash when the market moves, if the market does not move, you will not make any cash.

Anyway, but occasionally, rarely, new stuff are released which are worth your time. Now I am talking on Pips 4 idiots, an EA to be released next week.

So why this EA caught my attention?

The claims are not exaggerated. They’re much more realistic. The guy is also giving away a free indicator Pips4IdiotIndicator which looks interesting. I have not tried it yet since the market is closed correct now, but will try it tomorrow and see how it works throughout market hours.

The indicator easy changes the colour of the bars to blue or red, and when it indicates blue, it means Purchase, and when it turns Red, it means Sell. I require to verify if the bars turn red or blue although the bar is still forming or at the end of the bar. If the indicator signals buy / sell while the bar is still forming, just looking at some charts, the indicator appears profitable. Will give it a try tomorrow.

Stop loss is only 20 pips which is great!

Forex 4 Idiots EA

There is small info so far on the EA, except that you will find some statement along with a video showing the trades taken b y the EA.

For sure, a lot much more information will be released during this week.

I will keep updating this post when more information becomes obtainable.

Author: Fap Turbo Scam

Tags: pips 4 idiots, pips 4 idiots review, pips 4 idiots reviews, pips 4 idiots scam, pips for idiots