ForexUltimateBot.com Review

I tried FUB for 3 weeks on 4 demo accounts. Three recommended settings and fourth settings FPA. Results disaster. Not even slightly not resemble the results of the FPA. Only setting 1 - minimal risk - it is not lost, it is practically on zero, the other wrong. I do not recommend this. I'll return FUB and I ask money refund.

I gave up! After 2 months and 4 different brokers I can say this is not serious EA at all. There is no broker good enough for this robot. Failure is - no trades. Or rarely. Far away from performance we see at FPA.

2011-10-06 No Rating It must be some general mistake in this EA: No matter of version no trade at all from the beginning, 3 weeks already. I am not sure if developer is making some bad joke with us and with FPA regarding so many posts with same issue.

This is the first EA I bought and unfortunately I have to say it is a serious mistake! Seems the vendor's trading log always misses big losses. With a 5000 demo account and this EA, I ended up with less than 1000 balance in less than two months. I ran several EAs on one single demo account and if I ran this EA solely, the account should have been burnt down already.
An EA with SL setting three times larger than TP, I cannot see how it becomes profitable in long term. Sad cannot get refund since 30 days has passed.

I think this EA should be given a technical revamp by the original developers. It has a sound math-based strategy. It does work very well for me, but I purchased it, decompiled it, and then had it rewritten to work better for 5-digit brokers. It is now working very well on my LIVE accounts with ILQ AND HotForex. Granted, I had two substantial losses recently on both live accounts, but that didn't wipe out all the profits I gained with it to date. This EA deserves a 5-star rating, but since it doesn't work well out of the box, I'm giving it a 4-star rating.

I got tired of the (mis)performance of this EA coupled with poor customer support. Trades did not match the FPA demo at all. While it showed a loss/profit in my account, the demo was unaffected.

I wrote to them and suggested that they defend their bot here at FPA but there are nowhere to be seen yet.

I asked for a refund but they didn't reply. even the vendor, plimus, wrote to me saying that they have tried to give them a chance to reply but they were silent all through. I have got the refund now.

I have nothing but bad experiences with this bot. It's been non-responsive (silent), has mismatched trades with demo, poor customer support. There's nothing positive to say about it.

2011-10-05 No rating. Yeah, the EA didn't trade on my account between the 3rd and 4th October but on the FPA forward demo it did. Contacted support and while i was writing them an e-mail, another trade opened on FPA demo but not on my account! Well, support did respond and they acknowledged the problem and attached on the e-mail was FUB version 1.3 which includes 2 inputs for "signal refresh rate". I've attached it to the chart and am waiting to see if it'll trade or not. I'll update here as soon as i can

i have removed the forex ultimate bou too.in FPA theres no trade.but in my place there 2 trading and both are loss.i'm using masterforex broker.stay away from this expert advisor

I've removed it and requested a refund. I had too many losses not reflected on forexpeacearmy which made my results negative. Still waiting for a response.

2011-10-11 No RatingWhen I first got this it didn't trade either but v1.3 seems to have solved my problems. It does seem to be following forexpeacearmy's trades. Now that it's working I'm willing to give it the benefit of the doubt and see how it performs.

My final verdict, it is awful. The EA is still silent on live, but negative results on ECN demo. Stay away!

2011-10-16 No Rating The latest update is making trades, so that seems to fix the problem. I will keep you posted.

2011-10-10 No Rating Finally got a trade on my demo account on ACT Broker, I am beginning to think that this EA requires an ECN account. I will let you know how it goes.

2011-10-10 1Star Still no trades after I download the latest updates with fixes and just missed another trade. Garbage! Do not buy it! is a scam!

2011-10-03 No Rating I bought it 10 days a go, so far no trades, I contacted support and they was told to make adjustments to the default setting to match FPA performance, but that did not help, still no trades and missed on two more trades, I emailed support again for the 4th time and I am currently waiting for a reply. Support has been fast and helpful, but I am starting to doubt the credibility of the software. I just want to come in here and comment so that if there are other who may have the same experience would speak about it. I do not want to be dragged to the point where I cannot get a refund. Hopefully that is not the case. Will keep you posted on performance ch

I bought this a few weeks ago and I've been trying this in demo and real accounts without success (trades) in both accounts. I'm disappointed so far. I'll keep trying but this EA doesn't work well in my view. Hope to find out why and fix this. Otherwise I wouldn't recommend this one.

I bought this EA one moth ago. The most important problem of this EA is that I cannot have the same trades like forexpeacearmy demo test even with the forexpeacearmy set file. I contacted the owner and he told me only that I have to put the forexpeacearmy set file. I made this once again the same totally different results. The second bad think is that there is no possibility to get the money back for this EA. Anyway, if anything will be changed, I will make an update for this review...