Commercial (paid) Trading Products > DonnaForex Award Products

Has anyone bought these robots? (SmartFXTechnology)

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blackpele:
I can't find reviews anywhere.
Here is the link
http://www.robot-forex-trading.com/Smart_FX_Technology/Forex_Trading_Robot.html

Here are the MT4 live statements
http://masterscalperrobot.mt4live.com/
http://breakouthunter.mt4live.com/

Also they sell their robots on amazon
http://www.amazon.com/s/ref=bl_sr_software?_encoding=UTF8&node=229534&field-brandtextbin=Smart%20FX%20Technology

They seem reliable when I chat with them, they actually admited that the posted results on their website are from a backtest and not actual ones.


edit from donnaforex: just included the name of the site in the title so people know what is under discussion

maciejburno:

--- Quote from: blackpele on July 30, 2011, 03:14:42 am ---I can't find reviews anywhere.
Here is the link
http://www.robot-forex-trading.com/Smart_FX_Technology/Forex_Trading_Robot.html

Here are the MT4 live statements
http://masterscalperrobot.mt4live.com/
http://breakouthunter.mt4live.com/

Also they sell their robots on amazon
http://www.amazon.com/s/ref=bl_sr_software?_encoding=UTF8&node=229534&field-brandtextbin=Smart%20FX%20Technology

They seem reliable when I chat with them, they actually admited that the posted results on their website are from a backtest and not actual ones.

--- End quote ---


3 years back testing for scalper look good, 1m chart with 25% quality.

I've noticed that it has total of 27590 trades over 5 currencies in 3 years, so that is like 766 trades a month? :)]
no forward testing, no detailed testing, pay with paypal, not even demo testing. Unless I get some proof that this one doesn't blow account, I'll pass.

999cjb:

--- Quote from: maciejburno on July 30, 2011, 07:29:42 am ---
--- Quote from: blackpele on July 30, 2011, 03:14:42 am ---I can't find reviews anywhere.
Here is the link
http://www.robot-forex-trading.com/Smart_FX_Technology/Forex_Trading_Robot.html

Here are the MT4 live statements
http://masterscalperrobot.mt4live.com/
http://breakouthunter.mt4live.com/

Also they sell their robots on amazon
http://www.amazon.com/s/ref=bl_sr_software?_encoding=UTF8&node=229534&field-brandtextbin=Smart%20FX%20Technology

They seem reliable when I chat with them, they actually admited that the posted results on their website are from a backtest and not actual ones.

--- End quote ---


3 years back testing for scalper look good, 1m chart with 25% quality.

I've noticed that it has total of 27590 trades over 5 currencies in 3 years, so that is like 766 trades a month? :)]
no forward testing, no detailed testing, pay with paypal, not even demo testing. Unless I get some proof that this one doesn't blow account, I'll pass.

--- End quote ---


Are you sure you mean 25% quality as in modelling quality?

If so, I'm sorry to tell you that 25% is worse than useless.

blackpele:
Thanks for the info guys, however I think that the MT4 live statements look good, although I agree with what you mentioned about the backtesting.

maciejburno:

--- Quote from: 999cjb on July 30, 2011, 09:21:27 am ---
--- Quote from: maciejburno on July 30, 2011, 07:29:42 am ---
--- Quote from: blackpele on July 30, 2011, 03:14:42 am ---I can't find reviews anywhere.
Here is the link
http://www.robot-forex-trading.com/Smart_FX_Technology/Forex_Trading_Robot.html

Here are the MT4 live statements
http://masterscalperrobot.mt4live.com/
http://breakouthunter.mt4live.com/

Also they sell their robots on amazon
http://www.amazon.com/s/ref=bl_sr_software?_encoding=UTF8&node=229534&field-brandtextbin=Smart%20FX%20Technology

They seem reliable when I chat with them, they actually admited that the posted results on their website are from a backtest and not actual ones.

--- End quote ---


3 years back testing for scalper look good, 1m chart with 25% quality.

I've noticed that it has total of 27590 trades over 5 currencies in 3 years, so that is like 766 trades a month? :)]
no forward testing, no detailed testing, pay with paypal, not even demo testing. Unless I get some proof that this one doesn't blow account, I'll pass.

--- End quote ---


Are you sure you mean 25% quality as in modelling quality?

If so, I'm sorry to tell you that 25% is worse than useless.

--- End quote ---


Yup, 25% is pretty much useless. If there was a forward test, I might be inclined to give it a try. There is nothing, and back test on website doesn't even show the trades info.

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