TheForexMaven.com Review

1.533 • 8 REVIEWS
Out of business Jeff Young
Updated: Apr 13, 2022

Website is down. Company seems to be closed.
TheForexMaven.com
Out of business
1.533 • 8 REVIEWS

Recent User Reviews of TheForexMaven.com

D
dela
wv,
Nov 13, 2008,
Guest

I've been using forexmaven EA for about a week, and so far it has wiped out my practice account two times! Maybe I have something set wrong, who knows, because the instructions were not good enough to get it set correctly.
E
Ed
Pennsylvania,
Jul 5, 2008,
Guest

I have been using ForexMaven for several months now. This EA is not profitable and there is absolutely no customer service. Do not waste your time on this EA
V
Victor
Singapore,
Apr 21, 2008,
Guest

Forex Maven does not perform as per its recommendation. Within a day, I loss more than USD4,000. I set the Maven EA on 2 charts USD/JPY Daily and USD/JPY 30 minutes. Lot size is 0.5 and Take profit at 80. Really disappointed.

2008-04-10 3 stars If the Forex Maven doesnt trade then try closing the chart. Reopen the chart again and attach the Forexmaven to the chart. This normally works. Reagrds. BTW, I am make back more than what I paid for the software(EA). Cheers.

2008-04-07 3 Stars Got a copy of the Forex Marven, their support sucks! Unreachable on both emails and phone. Initially got into problem with the installation. However after reading it a couple of times, I managed to get it to work. Has been running for 5 full days. The result initially was slightly negative but now it has turned positive. Seems like it work very well during last Friday's non-farm payroll news. I am seeing 100% sell trades done by the program. Not sure if this is correct. I have seen some other Expert Advisors where there is ongoing floating buy and sell trades. I have to say that this is not a scam. At least the program works. Regards.
Z
zz
kuala lumpur,
Apr 10, 2008,
Guest

Guys!...this system also not work for me if u use daily timeframe but it is working if u set to 30mins and below.

It makes profit at the first time and until now
about 3 weeks it still rocks!
M
mtntgr
Las Vegas,
Apr 8, 2008,
Guest

You get what you pay for?

Complete lack of detail in documentation-
as to reasoning, risk-control, etc...
Means you have to have nerves of steel (or be a masochist) to use this product with Real Money.
Using the default settings it seems to over-trade insanely...

Scam? The support certainly sucks.
B
Bill
USA,
Apr 8, 2008,
Guest

I used forex maven for the first time today(apr.9) and traded GBP/JPY. At close of NY market
I had 116 pips to the good. Then the program opened up with 2 more trades by 13 minutes after the hour. Now I have 11 pips on one and 12 on the other. I do not like the idea of no stop loss on these trades.The three trades show
up in my terminal but only two are recorded on my chart.go figure. The man behind this program
is not Jeff Young but John Chan. I was talking with a popular author and publisher of like programs just two days ago.He told me that Chan's programs are questionable and not very reliable, He does not answer his emails and hopes that people will just go away and forget to ask for refunds. However, Clickbank will refund if asked. He has been knowed to
plaglarize other successfull forex programs
and sell them as his own.He is coming out
with a new program on Apr.10 at noon. I know that I'm not going to buy it.
W
whdowdy
cordele ga,
Apr 6, 2008,
Guest

i brought theforexmavem system and it has not made a trade yet i install according to directions. itried to contract jeff by email and phone with no results i believe it is a rip off
M
Mike
Upstate NY,
Apr 6, 2008,
Guest

I can't get the "forexmavenrocks" HTML doc to open...it says bad link. I assume that is where instructions to use the system is. I installed MT4 and attached the EA no prob. But haven't got a clue as to how to use it....and I've found no place to get help from the author....
A
Andrew
Irvine, CA,
Apr 2, 2008,
Guest

I got the Forex Maven for a few days already and it is not trading at all on GBPJPY. However, it trades very actively on other pairs like GBPUSD and USDCHF and doing good so far. However, no support from them at all.
D
Darren
Salt Lake City,
Apr 2, 2008,
Guest

The Maven doesn't give any support but I haven't had any problems attaching it to my gbp/jpy chart...it seems to cut positions off sporadically - it might have something to do with the interval setting...it has taken a little over 100 trades over the past few days where i still see consistent gains...I have it trading 3 mini lots per trade...no stop loss...with a 12 pip TP...seems to be working great for me...if you guys need any help whatsoever, I will be posting updates on my website...www.forexautoprofits.com...let me know if I can be of assistance guys

2008-03-30 4 Stars I have used Forex maven...I had to play with the parameters and have only used it a short time and it only trades GBP/JPY but in the 3 days I have used it in a demo account, I have seen 1.5% return on 3 days of trading...it's a scalping robot so I only trade 2 mini lots with either a 10 or 15 pip TP...more news to follow