Forex-Auto-Trader.com Review

This is a total junk EA that does not know what's it doing. It's a total mess of the trades that were triggered. It can turn a profitable running trade of say 30 to 40 pips into a losing one that loss 63 pips, and close it at that. Account is depleting trade by trade

Playing punk with the refund guarantee, and also the collection company Pilmus is in collaboration with them not to refund money. Making it very difficult for you as much as possible, until you give up asking. When you buy, Pilmus automatically add another $4 into the purchase for a so called back-up copy. They're a real ripoff. Please do not buy, unless refund guarantee is under Clickbank.

I found this product to be HORRIBLE! ---Misleading claims... Deceptive refund policy, etc. etc. Do not buy this product!!! This is a junk EA and nothing more! You will not get a refund. Do not waste your money on this

Go this expert after discount for around 45$ from their site.
In the demo account in 48 hours it lost 1800$ and won around 200$. (10k$ demo, set it to 0.5 lot size).
It is a high risk EA. I had better ones.

DO NOT BUY THIS PRODUCT!!!

Bad results, the EA does not work, No refund AT ALL for whatever reason.

Following Mike's rec I attempted to get a refund.

Plimus offers no up front refund promises like Clickbank does, or I would have done this already. Rather than just issue a refund Plimus refered the request to the vendor, who came back with a bunch of bogus questions about whether I was running the EA properly. (This EA has no user adjustable parameters, and will not run at all if not set up properly.)

End result, Vendor Refused Refund, Plimus closes dispute and listed it as Resolved. Something I refused to do, just on principle.

I dont really care about the money, it was just $60. It was more about the principle of the thing and checking Plimus' credability.

I have this EA, and similar bad results to the others. Initialy it looked promising on backtests.The old version, v120, ran with a 30 pip SL, 70 pip TP, and 30% position size, none of these are adjustable except the position size, and it did so succesfully on backtests, but never succeeded going forward. The new version has raised the SL and lowered the position size, and now makes very little profit on backtests, and still loses going forward. And the developer is very arogant and antagonistic. Anouther junk EA.

I purchased this EA and ran it on a live account. The first 3 weeks it made a moderate profit and then started loosing it all again. By the time it got back to even, the 30 day refund period had passed and now I have a useless EA. Don't buy it, the fact that it only has a 30 day refund period and not a 60 day refund period should tell one that the creator of this EA has no confidence in his product. Waste of money

I had the same refund problem and in fact the same results issues with this product. The payment processor is Plimus. If David goes through Plimus they will issue his refund. Similar to Clickbank.

Possible scam or at least almost unethical. I bought & did due diligence via at least backtesting and starting to run on demo account.

I then found
1) I could not replicate the backtests shown on the website
2) If you look closely at the backtests, different Stops & Profit targets are used in each test period indicating it has been optimised / curve fitted for each period
3) A full history backtest shows a losing system before 2002
4) The final straw, I tried to change the backtest settings & found they DIDN'T CHANGE THE RESULT. The Settings are hard coded internally with no explantion in the instructions!!

I have since found that some vendors hard code the parameters internally and have them change over time so the backtest appears better. The version I was given I could not change the backtest parameters. I will not trust a system that has obviously curve fitted data and I cannot adjust the settings, initial trades are loses indicating something is wrong.

REFUND PROBLEM!!
I then processed a refund as the website says it would guarantee a refund FOR ANY REASON then was told they wouldn't because the software 'works' and they wouldn't refund just because I don't like the product and tried to say the website states this disclaimer WHEN IT DOES NOT!!!! Nothing on the website gives any disclaimer or restircitons on the refund, if it did I either would not have purchased or bothered with refund. If an EA gives crap results then IT DOES NOT WORK & should be refunded within the time allowed.

This system borders on scam, without more disclosure form the vendor definately stay away!!!

This Ea borders on a scam. Same experience as John. Don't waste your money because they wont give you a refund. That kind of refund policy should tell you that their ea sucks. If a company doesn't use clickbank steer clear.