ForexMetaRobot.com Review

Sadly, this EA has stopped working, and MetaTrader warns me that I have entered an incorrect Serial Number. When I try to communicate with the Customer Support folks, I do not get a reply. The master web site says, "we are not actively working on the robot. Thus we are only offering limited support". I suspect that they have turned off their authorization servers, and therefore, I get the "Incorrect Serial Number" warning. I really liked this robot, even though it was much too aggressive. I also liked the quick customer service email replies. It looks like that is all gone! I am giving ONE Star, because they shut down and dumped the registered customers. Since they no longer exist, I do not think they will mind! Good Bye old friend...

Update: Well after a not so good end to last week this robot is kicking butt and trading like a maniac - but boy is it making me some money now! My rating: a VERY active robot that trades a lot but not for the faint hearted. If you want to make a lot of money but don't mind high risk at the same time then get on this joy ride.

2009-03-30 4 stars Update 30/03/2009

FMR Lightning off to a good start!

2009-03-22 4 Stars I bought this EA back in Jan and had a really good run with it. Trading on EURGBP and AUDNZD it made good profits (almost tripled my mini a/c) but in the last few weeks has been eating into them a fair bit. They are talking about releasing a new version soon. There is a forum and support services are excellent. EA needs some work but it seems they are an honest bunch and working with the traders to improve things.

Update. Am still hanging in with this crew, mostly because I couldnt trust paypal but could be an omen? Am finding that these people may not know what a trend is, no matter how short, {they are scalping,} but they seem to have the intention of succeeding, why does the parrot always win ,? because he knows how to suck seed.Cannot knock their work ethic and the fact that they have asked their subscription to offer suggestions. still cant trust the robot to do the right thing but they do reply to questions sent , which is a lot more than I can say to maestro robot who dont reply at all! thank the heavens for clickbank.Will keep you updated. I think these guys/gals must be aussie because they have guts judging by the flack they take in their forum, although they did ban me and others have actually slagged them proper and I only gave them a jolt with a cattle prod, which means for their own good , { an explanation to all you yanks} hope you understood? Anyway tongue in cheek stuff. Do you need me to explain that too? cheers

Review Moderation Team Note: We are attempting to find someone who can translate this review into English. :)

2009-02-17 1 Star Just an update on the next version . Have been running it on demo for last 3 days. Only trades the asian session which is automatically done on this version. Started off ok but when it hit a trend just lost control. Has no idea how to pick the trend and hasnt been improved at all in this area. Am still locked out of forum so dont know how others are faring. Looks like another internet marketer is making out he/she is a trader. Didnt get refund and will never use paypal again for any purpose.

2009-02-10 1 Star Was somehow targeted by an email telling me that this robot could turn a small sum , low hundreds, into thousands, 40 odd,in weeks, and would not be detected by the brokerage, while trading a pair , ausnzd, with a very large spread, up to 18 pips. Was only being released in small batches, so send your email to get on the list. Tried on demo, was pretty obvious it was trying to scalp, but had no idea of the trend and made more trades against than with, lost the demo bank, $3000 in no time. Complained to seller and was locked out of the forum. Will not give purchase money back. Beware also if you buy thru paypal you cannot open a dispute unless it is purchased thru ebay, which it's not, so you lose. Am still running on demo and it still keeps loosing. New version due out soon apparently, but current one has serious flaws in entry and exit rules in the script. buyer beware. Lots of complaints on their forum before I was locked out, so suspect I am not the only one locked out.

I have not purchased this EA .However, any purchases involving "ClickBank" can contact directly this retailer,explain the problem they have with the publisher and request a refund (within the specified warranty period). I always got a prompt refund.
Cheers.

I purchased this ea when it came out last week. I ran it for one week following their instructions. I am down over 400 pips in one week. No wonder they offer no money back. There hype looks good but my transaction sheet on my live account says diffferent!!!