NewsTraderFX.com Review

WEB-SITE CLAIMS 970 % PROFIT IN ONE WEEK, WHICH I KNOW IS GARBAGE, BUT I THOUGHT IT WOULD MAKE AT LEAST SOME PROFIT.
NOT SO - 1ST MTH ON DEMO IT MADE 45 PIPS PROFIT
2ND MTH ON LIVE ACCOUNT I AM DOWN ABOUT 200 PIPS SO FAR

SAVE YOUR ENERGY AND TRY SOMETHING ELSE.

SINCERELY
LOUIS

Started using this EA as soon as it came out 7 May 2012. It only trades the EUR/ USD pair. The EUR has been in freefall but the EA keeps opening buy trades on EUR/USD pair. It is supposed to trade taking into account of news but why is it buying on a down trend ?

Also EA does not work on MT4 backtest, which is expected since it needs news input.

Sometimes it will close open positions even if stop loss not reached usually at midnight ?

based on my initial observations i do not recommend this EA.

The good news is that getting a refund from Clickbank is very easy to do. I have got my refund successfully.

this ea opened a few trades with some profits then, in the middle of the night opened 85 trades and tried to open about 200 other. just to close them 3 seconds later making me lose all the spreads. By chance i was looking at my mt4 at that moment and stopped it. otherwise my account would have been blown out. worst ea ever tried