4xCashCompounder.com Review

I bought this EA earlier in the year when the package involved the three different EAs for the three different account sizes. Then there was an upgrade, where a new single EA was developed that covered all account sizes. This certainly made much more sense.

Now I have tried this EA on several demo accounts using pairs other than the recommended EUR/USD. These demo accounts eventually blew out but keep in mind I didn't adjust any of the settings and I just let them run with no max position size. I'm sure if I put more effort in and watched them, I could have made some decent gains as there were some good individual results.

Now to the good news. I have placed this EA on a live account that started with a balance of $2183 on June 8th 2010, and initially began trading with a start position size of 0.01 and as the account balance slowly grew, I have now increased my start size to 0.02. At time of writing this post (11th October 2010), my account balance now stands at $5100. Not a mind blowing result but good all the same considering all I have to do is turn the EA off sometime around my Friday lunchtime and then turn it back on Monday morning. So very little effort required.

There have been times where the trading got a little ugly, but the EA does rely on the eventual move the EUR will make, resulting in bigger profits. There was also one trade where the pair moved that quickly on news that a couple of orders were missed and the EA closed out for a small loss. It is boring when it just opens one trade and continues to the profit target without any further trades, as only a small profit is achieved. I get a bit more excited when there are several trades open as when it does limit out, the profits are a little healthier.

There could be more work done by the developer to create better settings for other pairs, as now he seems to be more of a product pusher than a developer. Overall a pretty good EA as long as you are not greedy and have plenty of patience. Cheers.

I have install as instructed in the manual, but it seems i cant kick start for it to trade. I need help on this

I have been trading this EA for more than 4 months now..Since then till now my Live account has been growing by over 100% already...One thing you should know about this EA is U should LIMIT the open position to only 6 to 8 positions (MAX) when you start by 0.1 Lot for min US$5,000 (well, I take more risk by not taking 0.01 lot for min US$5,000 account)..Dont forget to TURN OFF all of your position (including pending order) by 1 hour before market close on FRIDAY...Never let the EA is still open position coz market is acting beyond control during weekend.. On Monday, TURN ON this EA by 2 hours after Japan Market opens.. ALSO, please use only EUR-US pair, NEVER, NEVER, NEVER use any other pairs...Concentrate only 1 pair will give enough margin to grow our account..

I agree with PETER, USA that the author for this EA become unfocus to developing further his own EA, instead he join affiliate marketing by promoting other EA's which most of them are piece of c...s, He seems not confidence on his own EA...Feel sorry for him..Hope he read this review and realize that he'd better further develop his EA to become more reliable and profitable rather than promoting others EA which is unproven yet..

I have experimented with this now for nearly two months, and with 4 currency pairs traded it made about 20% per month. But I had to check it a few times per day, to take smaller profits than the TP indicated when the lot size got too high. This EA definitely can blow out an account quite easily. I would appreciate it, if in the settings I could determine a lot size, above which it would close all positions of a specific pair at Break-even, and not Profit Target. That would have prevented the situation occurring on the demo here with the trade started on 08-17, that there was not enough margin anymore, and a draw down larger than all the accumulated profits.
I have presented this idea to the developer, who was quite responsive for a while, but have not heard back, Instead he seems to have joined the 'affiliate club' of folks, who keep bombarding me with forex-junk email.

This product performs OK, but makes extremely small profits. It would take a long time to grow your account, no matter what size you started with.

last week was the eighth week trading with this robot...
my account doubled....

this is a good system if used correctly...

later,

roy lynn omohundro

2010-06-19 12:00AM 5 Stars yesterday was the close of one month live trading with the compounder... up 57.5 % so far this is the only thing that i have tried that works...

later,

roy lynn omouhndro

2010-05-26 12:46PM 5 Stars i have been trading live this week...

all closed out trades have been winners either buys or sells...

i appreciate a bot that is working...

respectfully,

roy lynn omohundro

hi,
i dont think its a pumpkin but it did bomb out.

i reloaded on demo & what i do is trade 5 pairs but only allow 1 trade + pending trade then i turn killzone off. so at any 1 time i have only 5 pending orders, 1 for each pair. my account has rocketed again but hopefully ill keep losses lower & maybe close trades manually if loss goes higher than 5% of capital.

PS i had an old live acc with 238 usd & loaded cashcomp on 2 july 2010. it now stands at $260

2010-05-31 01:50AM 5 Stars i dont know about the technicalities but after trying +_ 50 bots
i have finally found one that works. i dont watch it 3 times a day i just let it run & after 8 trading days it has demo turned $3000 into
$4059. Ill let you know if it turns into a pumpkin.

I just wanted to post that I did run several tests on this EA and it did fine many months. But in my testing, it did show a month were the account was deeply drawn down going back just a few months into 09'. That always seems to be case eventually in this type system. Sooner or later market activity is going to get your account.
The developer did provide a refund. Clickbank seems to add an additional level of confidence in that regard. I do wish the developer well. Perhaps a bit more work in the money management side of the EA would make it safer as the logic doesn't seem bad. But use it at your own risk and be very careful. Personally I don't want to experience anymore blown accounts.

After using the robot for 2 weeks I am up 36% on my 5000 demo account. There are some points that I would like to add.
There are 3 robots in the package one for 5.000 dollar account and two more for 50.000 and 500.000. This is the way the robot is managing money management. So I am up 36% on my 5000 dollar account using the 5000 dollar robot. If my account was 10000 dollar the profit would have been the same in dollars (but not as a percentage of course).
One more thing that I would like to say concerning the statement of trades. You will see drawdowns but in reality it is always a set of loosing and winning trades that offset each other.
The only risk with this robot is when there are no moves of more than 60-80 pips for a period of time. In this case you risk a margin call. So it is advisable to withdraw profits on regular intervals since letting them in your account will not increase your profits.

Have been trading this for 5 days (not Friday as per advice) and it has not lost, it does need watching and I take profit on occasion when I see the market might turn. So far on demo I have been very pleased it appears to be an honest product for once.