Hello everyone, here is a forex system that claims to be "a seriously profitable expert for the seriously profitable trader." The webpage employs numerous backtest reports including a "tick data" backtest. It trades on the Eur/Usd on the 5 min timeframe. Upon further investigation I noticed that this system does not trade very often, with only 1-2 trades on average per week. Profitability is around 63%, and a profit factor around 2.13 for the tick data backtest. We can view the backtest here While the tick data backtests are nice to see, there are only demo accounts set up by the vendor. It would have been really nice to see at least one live account to follow. According to the webpage there is a 60 day "no questions asked" money back guarantee through what appears to be Regnow. Although on the webpage they state it is through clickbank as well, I don't understand this logic, it may be a typo.
The fee for this system is a little steep considering there are no real accounts set up and the system does not trade very much. Apparently it costs $249 with a charge of $7.95 per month thereafter. I have definitely seen worst webpages out there for forex systems, but I have also seen better. Please setup a real account pipnet vendor!
PipNet EA
