Testimonials

These are actual testimonials

 WOW it's quite amazing what you have developed. I can't believe how this program is able to monitor all these timeframes at once! Its truly a masterpiece. Keep up the great work!

Gary L.

New York  


   I have been trading Forex for 3 years now. I have never seen anything like this before…It's going great, what a relaxing and profitable way to trade. I am up over 500 pips in my first week of trading. I can't wait to trade live with this!

Julie K.

Australia 


   I am very thankful that I purchased your ForexRobotTrader system. It is very interesting to watch it work. I can’t believe how accurate it finds all these trades to enter on.

Thank you very much!

Vince R.

California 


  Your customer service has been fantastic. I don’t know when you have time to sleep? You seem to always be around to answer all my dumb questions!

Thanks from a newbie.

Abid Z.

India 


   I've been so impressed with how fast you answer questions and also that you take the time to explain everything in great detail since some people like myself are beginners. Many thank you!

Lee Y.

China 


  It paid for itself the first day I used your Robot on my live account. It took 5 trades the first day and they all closed in profit for $275.00. Very impressive! I am telling all my friends…..

Andrea E.

Australia


   I work in a major bank as a trader in the exchange market. Your platform has helped me a lot in my decision-making and I swear I have never seen signals that are as powerful and as good in all my career. I strongly encourage others to use your software. Cheers!

Sydney G.

England


  Great EA!! I am up $1300.00 in one week on my demo account. I love it !!!! Cindy P.

Texas Three weeks after I purchased your system, my trading account grew by 37.6%.This kind of return is unheard of considering I am not doing anything. You are truly amazing! I am so grateful…

Bill V.

Florida 


  I Just wanted to write and say thank you for the incredible amount of time, work and money that you and your guys have put in to design and perfect your wonderful "Forex Robot Trader EA". I have tested, subscribed and even purchased many other pieces of software for many times the price and I can very confidentialy tell you that nothing else even comes close.

Paul F.

Korea


   I've submitted a 5 Star revue for you regarding the robot trader, just for your info, I'm trading 5 pairs on a mini account, so far 57 trades, 54 winners for a total of $1055 profit (including swaps and spread) and only 3 losses totalling $14!!!

Unbelievable performance Don!!! Needless to say I am extremely happy with my purchase and the great customer service. Looking forward to the new version being released, but I have to say, that the current version has my vote using your 1.set. As I said in my review, it won't make you rich overnight, but it makes steady profit on a daily basis and DOES NOT put your account at risk.

If you read the above again, you see that these are really the only two things that a trader should be focused on!!

Great work Don, and I'm glad to be onboard with you.

Pete J.

California


   Just wanted to write and say thank you for the incredible amount of time, work, and money that you and your guys have put in to design and perfect your wonderful "Forex Robot Trader EA". I have tested, subscribed, and even purchased many other pieces of software for many hundreds times the price and I can very confidently tell you that nothing else even comes close. ( I realize you already know this but I just wanted to say thanks and let you know that your efforts are sincerely appreciated.)

Paul F.

France


   Don you my friend (sorry for the language) are the S**T, the bomb, the man, the last Jedi, all that. Before i went to sleep last night i had about 17 different trades with a high draw down going thinking there wouldn't be a profit. I woke up this morning with 100% winners on all 17 and there are now 17 more ready to go. I cant believe this i feel like I'm dreaming. I freaking love you man and i don't know you. I know this is about to change my financial status here very shortly and you are the reason. I wish you were around the Bay area i would take you and the whole family out to eat or somthing just for the appreciation. Dude I'm going to every forex forum i know of telling people about your EA. You can put this on your testimonial page also . Once again THANK YOU!!!!!!!!!!!!!!!!!!!!!!!

Gabriel B.

California


   I've been using Don's EA for 6 months now and I am ahead 20 percent. There are drawdowns but if you're patient, it will pay off. Fortunately, I got in early and paid only $50 and as far as I'm concerned, we have a winner.

Snowman

Forestville


   For the moment its working well on my real account since this week. I trade actually with a 0.2 lot on 6 pairs together.

Rolf

Switzerland


  I bought ForexRobotTrader.com on 10/04/07. I receive it the same day. I opened a demo account on 10/10/07. Up today, 10/25/07, I have made 18 trade with 16 winners and 2 loses. I have profit over $600 with just a mini lot size trading. That is two week of no stress. With this program I don't have to spend hours at my computer deciding what I should trade or having the fear of make a trade.

M. Jones

New York 


   In my opinion, the Steinitz Robot trader is a very sophisticated and far above-average EA that has demonstrated to me that it can take some amazing trades. In my tests, it has performed very well during trending markets. There are occasions when it will not do as well in choppy markets, but I understand there is a new version about to be released that will be more discriminating of those times.

I can tell you that Don is very responsive to service requests, and does answer his e-mails. I am looking forward to good things from this EA as he continues to improve it further.

 Jerry B.

Georgia - USA 


    His software made it possible for me to implement a sound strategy without constant monitoring. I don't have enough time to check the markets every five minutes so I let his software do that for me.

The customer service is great. I get a response within minutes usually and he has a voice chat system setup if you would rather be talked through a problem. He also has another service (though I have not used it) where you grant him control over your computer so he can fix a problem/set up the software. He only charges for that service if he succeeds.

Great program, great customer service. 
 

James B.

USA


  I have only good things to say about Don and his (robot trader), but like all EA's it is not the end all to be all holy grail. The thing I liked the most is the dedication and support that don has given to all his members and the only thing he asks in return is to give honest feed back.

With version 3.0 coming out and it just keeps getting better and more refined. I would say to all it is worth a look and definetly worth adding to any portfolio.

Thanks to Don and all forum members who helped with the a great product.

Thanks A Million

E. O. W.

Florida


   Just started with this and it look great so far. My demo account with Interbankfx started at $50K on 10/8 and is now (10/25) at 75K plus. Real account started at $9200 and is now $12000 plus with open trades plus 2K. His system uses multiple time frames and looks for reversals at lower time frames which seems to be valid. You have to hold onto your hat and watch closely because his back testing says no stop loss works best. From his statement that he was only down in late July and early August but those who stuck in out are back and way up. The software and support material are very professional and he answers my email questions right away.

I have tried putting a mirror image trade with a very tight SL on trades that don't go my way. That way you are protected on the loss except for the gap. I move to BE when I can and the trade goes away when the short term swing comes back to the long trend. I don't catch all of these soon enough but the few losers seem to all come back. I think this is better than SL anyway.

Tommy M

West Coast of Michigan


   I have been running this EA for about a month and its results has me intrigued. I like how the program can be customized by adjusting its operation settings. It does very well during trending moves. I hope with some adjustments and further testing it will perform equally as well during ranging moves.
Customer support is excellent. Don has been available and willing to answer questions through out my experience with his Robot EA.

Ron G.

California


  I have looked at many trading methods, and read through several comments on these methods. Word to the Wise don't believe the other guys point of view, find out for yourself. I have been trading this particular system with real money and the results have been great. I have taken a $40k account to just over $6,100 in 3 weeks, approximately 15% ROI. The developers heart is in the right place all you have to be is open minded

Mike L.

Las Vegas 


 I purchased the Steinitz HAS system the end of September. This is a fully automated EA that that requires no thinking but a lot of understanding. While watching it on a demo account I sent numerous emails to Don Steinitz with questions. I also had an opportunity to spend a couple of hours with him on the phone. Let me say this about Don Steinitz. He is without a doubt an honest developer who is truly trying to help people. Too many folks on this site will look at his website or posted results and lable it a SCAM because it looks too good to be true. They couldn't be farther from the truth.

I went live on the system with a sizable account on October 1st. The software has taken 56 trades through last night across 10 currency pairs with only 1 insigificant loss. This method trades in the direction of the monthly trend. It enters trades on countertrends that are created by lower timeframs down to a 30min chart. What you do have to get use to with this method is open positions that are down and can be down for days or weeks. How large open positions are down is directly related to how heavy a person is trading. The tradeoff for me was learning to accept the open positions as they worked their way into 55 wins and 1 loss so far for this month.

Ken P.

Las Vegas 


   This is an excellent EA that you can use on any MT4 platform. The clarity of the instructions in the manual makes loading the software a breeze. ForexRobotTrader costs a fraction of what most EAs are being sold out there and I don't understand why Don sells it for that low as the backward and forward testings exibit the kind of profits that all forex traders dream about. Folks, I don't know who Don is nor have I met him before but if you are seriously considering an EA for your trading I would highly recommend to you Don's ForexRobotTrader. Another thing you can be sure about is Don's excellent support given to everyone who purchases his EA. Don answers all my questions within 24 hours every time. There's no monthly subscription with the system and all upgrades are free to existing members. Awesome!

Holek C.

Australia


  This is my third attempt with an EA, and my first and only success.
It does exactly what Mr. Steinitz says it will do.
It makes money with its default settings, and more importantly, it can be adjusted, to a degree, to suite your trading style.
It is complex, and it will take some time to learn it inside out, but as I said, it makes money with the default settings.
There have been drawdowns, but trading with the trend keeps them temporary.
I demo'd for six weeks before going live, and that was about four weeks too long. I could have made real money much sooner.
I am pleased with both the EA and the support they have provided.

Ebar

Sweet home Alabama


   I have had success using this robot by limiting the pairs I trade, using the trigger feature (which locks in profits), and by using a s/l. I can't stress enough, It's all in the way you configure the options. Good customer service via email.

S. Nunes

Raleigh, N.C. 


  I purchased this software (MT4 EA)in August 2007 and have been running it on a Demo account with Alpari UK. The results have been nothing short of AMAZING. From 24 August til 22 October It has had 57 Trades (using 5 pairs).
Total winning trades = 54
Total losing trades = 3

Trading 1 mini lot (0.1) it has produced $1056 clear profit - swaps and spread have been included in this figure.

Total of the three losing trades was $14!!!

The EA has minimal drawdown on the account balance and although I don't understand all the complexities of how it functions, all I can say is WOW!!! Definately a winner in my book, it won't make you rich overnight, but it will steadily grow your account on a daily basis, manage the trades and not put your account balance at risk.

Top stuff Don. You have a winner.

FedFx

Australia


  I am old and not one of the whiz kids that knows computers, so purchasing and untilizing a forex robot made a lot of sense to me. I do nothing, and the robot works and makes money. How wonderful is that? Don Steinitz carefully sheppards his investors. He's very prompt in answering emails, has a support system in place, updates are at no additional cost, posts his personal account statements so we can see how he's doing, informs us as to any improvements that are in the works, and, in my humble opinion, is one of the smartest men alive.

As you can tell, I'm a big fan and feel very blessed to have found Don Steinitz and his genius ForexRobotTrader.

Stay tuned for success story after success story as I am sure there will be many.

Texas Big Mama

Austin, Texas 


  This is one of the best setups i have found it looks at all timeframes so it has a leg up on what is going on ver. 3.0 is comming out and will be evan better.

Sam C.

Florida 


   I've been testing the ForexRobotTrader Steintz HAS for about 3 months now. Take the time to understand the software. Test,test, test and test some more. Can be adaptable to suit your trading style: you will discover that the software is indeed profitable.

JayJay

Canada 


   I have been using this EA for about 3 weeks and it does all the work for me...once I figured out all of my parameters and let it run on 10 currency pairs, I have made about $1800 in 3 weeks on a 8k account with 18 consecutive profitable trades...each trade is about.15 mini lots because of money managment rules...I am very happy about it and Don even returns calls, instant messages and responds to email in a very timely manner...plus we're fellow Red Sox fans!

Keep up the good work Don...definitely worth the $99...he should charge at least $250 for this...lol

Darren S.

Salt Lake City, UT


   I have used it live for about 2 months and it does perform well during trending periods. But during ranging times, watch out. I'm running with a 75 pip SL which allowed me to catch some good wins. For the month of Sep 07, I doubled my small $1200 account. Stay away from GBP/JPY and GBP/USD on this EA as it will eat your pips for lunch. The best pairs I found are AUD/USD, EUR/JPY and EUR/CHF. EUR/USD, USD/CAD, CAD/JPY, CHF/JPY also had respectable returns.

Mark L.

Los Angeles


   I PURCHAESED THE FOREXROBOTTRADER SOFTWARE, I have been running 24 currency pairs with the software, 24 hours per day, using a demo account, so i could see results, am very pleased with the results so far. LOOKING for the right pairs with the best results, no doubt in my mind trading with this software will be very profitable, especially for the price of the software. THIS SOFTWARE takes the human emotion factor out of trading, it is a good piece of software.

Lynn B.

Georgia 


   The program that Don Steinitz has designed is both unique and very profitable, the guidelines are very simple and is applicable to all markets. I am having alot of success personally and I have found the support from Don to be fantastic.

George H.

Canada


  I can hardly wait to start demo'ing v3.0. I am very happy with the results I'm getting on v2.51 using conservative settings. However, I would love to see your personal settings just the same. Thanks so much. I can honestly say that purchasing my first copy (to date) of Robotrader has been the BEST INVESTMENT I have ever made..

Elmer B.

Germany


   Firstly, many thanks for creating what appears to be a very competent robot, based on sound trend-continuation principles. It certainly takes a whole lot of tedious, repetitive chart-grinding out of the process and establishes a clear, unambiguous entry/exit strategy.

I've become wary of any 'automated' trading system of late, as most are based on a proprietary and/or arbitrary set of criteria that are often exotic and unfounded — products of the slew of indicators that plague our platforms and distract us from the basic truths. Yours, however, is based on a fundamental principle of price/trend behavior that I can relate to and that isn't hidden from me in a blizzard of made up indicator-babble... thank you for that.

Seymor F.

California


   I discovered the Heiken Ashi Robot, I've stopped stupidly losing money. I can safely say I am on my way to financial independence and hope to quit my day job soon.

Susan B.

Arkansas 


  I have tried almost every system out there. I am a trader of over 4 years and know my stuff. There is great profit to be made with trading with the trend on the counter trend like the robot does. I have been testing an account (DEMO) for 6 days. Started with $3,000. Today trading days later... trading 10 pairs.. my account stands at $12,332.08 over $9,000 profit. I don't know about you, but that is good profit for anyone. Almost 300%.

There ARE trades with some significant drawdowns. But the thing you have to remember (even trading with no stop loss) is that when you are with the trend, your chances of OVERALL success in that trade are great. I had 4 days of SUPER success.. day 5 was a little slower as I had a larger drawdown, Today, day 6, all but 1 of those trades are back in profit (and I have statements to prove). I have 45 wins and 2 losses. The system closed a small loss for some reason.. not sure as it was in the middle of the night. The other loss was actually a win via pips, but the swap was negative and the trade lost about $34.00 overall. so I have 2 losses out of 47 trades. 96%. Do you not think that is a good system?

Anyone out there who will bash this EA is going to bash it. No one can be 100% happy. Trust me.. there is ZERO systems out there to be sold that I have not purchased and tried. Some work for a couple of trades and then have more losses than wins overall. With little to no profit. This is the ONLY one I have seen that not only works, but the trading methodology is something to take in consideration .. even if you don't purchase the EA. Trading with the trend will always get you more wins than losses. This EA scans the better opportunities and presents you with them.

 Brian M.

Indianapolis, Indiana 


   Just a short note to say "THANK YOU" .

 After you help recently, your EA has performed very well.
With 14 consecutive winning trades and 100% profitably closed trades.
All in the FIRST WEEK of your assistance.
 
I must say, "WOW", and "Absolutely Fantastic".
 
You must be very proud of your creation.
I now look forward to receive the latest version 2.6 whenever it is ready for the masses.
 
Thank you, once again.
 
Very sincerely,
 
L. Pinto

Copenhagen, Denmark
   
    I am higly impressed with the stragegy he is using with multiple timeframes. This is the right way of forex trading.

This is not really a black box as we can see though the indicators he is providing as how this EA would have performed in the past. Lots of points scored here as well.

Further, he is planning to update this EA as how to behave in the ranging markets as well. Normally any commercial EA developer will bring in a new EA for another price if they are giving a new functionality.

His support was outstanding and I even a person having a mico account with minimum balance can take this money out in a very few trades. This EA is worth much much more than the price I have paid for.

I very strongly recomend this EA.

Francis C.

Paris, France


  I purchased Don Steinitz's EA in September, 2007. At the early stage of using it, my trading results were not so encouraging. But after asking him a few time trough e-mails, I now manage to get an average more than 50 pips/day, which is more than enough for a novice trader like me.

His customer service is excellent. All my e-mails have been replied within a day.

You E.

Zainudin, Malaysia 


  I have to tell you his service is unsurpassed. I've dealt with a number trading programs and I've never had the level of service I've received from Don. I think he's doing a splined job refining and tuning the Forex Robot Trader. I'm demo trading his product now so I'll be back with further observations in the future.

Charles M.

Sweden


   I have nothing but good things to say about this EA. I find it is best if you only trade 2 or 3 pairs with good money management this is the key folks. Last week netted me 382 pips and 2 days into this week looks like another 200- 400 range. Sure there is going to be a few draw downs but hey, has all the people that have called this a scam found the holy grail yet. Don has been doing lots of hard work getting this beast tweaked and it is paying off, sure there might be the odd little problem here or there but nothing to snort at, Don is usually on top of it right away. He takes care of you in a hurray. I have had 20 EA's in the last year and have got 2 that are awsome and this baby is one of them. This animal will make you money every day and the few little draw downs are not even noticed.

Thanks Don you have done an awsome job. I would give you 10 stars if I could. Best bang for your buck.
Keep up the good work

Linda L.

West Virginia 


    First of all, I like the concept of this EA, and strongly believe that it has great potential to become the best of the best among all the EAs commercially available.

I've been using this robot for a few months on a demo account, and it has yielded pretty good results so far, although I admit that there was slightly much drawdown on a few trades.

I can also tell that the customer support is excellent and very helpful.
Thanks to Don and his team for the great EA.
 

Kazu Z.

Japan 


    I'm fairly new in the forex market, I just started 4 years ago and since then I have tried more than 150 programs, specially robots.

Most of the sellers only give you support during the first 30 days warranty period.
After that, most of then NEVER answer your emails.

More than two months ago I bought the ForexRobot and the experience has been totally different.
Don Steinitz ALWAYS answers all my mails,always sends me the new updates and never has stopped giving me outstanding support.

The robot really works.
Everybody that knows a little about the currency market should understand that there is no holy grail, but this robot is the closest that you can find in the market.

I know many programs that never worked like this one(Forex Made Easy,Trade Hedge,Profit Run,Instant Profits, Easy Forex and many more) and some of them cost more thant $3,500.00 (after spending two or three days live seminar) and /or you need to continue paying a monthly datafeed. And after a high investmemt of money and time, you need to be in front of the computer the whole day, because you have to place the order manually. And the worse thing is: you will lose all your money.

Guys, I don't know what you are looking for, but I've found what I was looking for A LONG TIME: a logical, automatic (no human or feeling intervention) and profitable system for a ridiculously low price. That's all.

I don't have time to post all my results here- which have been very positive in both demo and live account.

Test the program by yourself, take time to understand the parameters and you won't be disapointed.

Remember, every time you make a bad decision in forex, you can lose $100.00 in a matter of minutes, which is the same amount of money you would spend for this wonderful ForexRobot.

I encourage Don Steinitz to continue offering his program to the trader community that appreciates what really takes to make a robot of this magnitude.

 MPContreras

 USA    


   I have traded the robot live since 9-17-07 and it has made 26 trades as of this date 11-24-07, 20 of which were winners. The average win has been equal to the average loss so far, so I am very happy with the results. I trade it on the EUR/USD only and have it look at the 4 hour, 1 hour, 30 minute and 15 minute time frames. I use my own settings. There are so many, I may have just gotton lucky and picked some settings that happen to work well, but I think the thing is designed well to buy dips and sell rallies in the direction of the higher time frame trend, so many thanks to the designer. I do have it use a stop loss. To trade without one is to take huge risks which I don't think is wise.

  Erik Kusk

Waterford, MI


   I first obtained this EA in July, where upon I started testing it with my demo account. Initially, I tried (on a demo account) manipulating the settings myself, and lost. Tried a few more times, and lost. Then I did what I should have done first - RTFM (read the f***ing manual), it worked better but still not matching Don's results).
On a final attempt, I contacted Don, and he set me on the right path. In the first week, I had 16 consecutive wins. A total of 28 wins and 2 loosing trades.
My demo account grew from 58K to a peak of 79K and lost a bit in the JPY retrace a couple of weeks ago. The account is still up by a net of 14K.

I have just gone live yesterday, and already I have (3) positive closed trades, with (2) open trades.

This is an excellent EA - very sophisticated,and one which can be controlled to meet your strictest money management criteria.

Yes, I have read about the "no S/L", ALL EA's need human supervision. For the price, if you expect to do your thing and only collect $$$, that is ridiculous. There is no EA on the planet, for love or for money, that can operate without human intervention - this one comes close!!

If you are worried about the draw down from the "no S/L", it is easy:-
Pick a trending pair, and restrict the EA to go ONLY with the trend (either ONLY long or ONLY short as per the trend). If there is a retrace, you should know it is a consolidation, before the trend continues.
In a sideways market, allow it both ways - the market always comes to the point of equilibrium before it breaks into a trend cycle.

The support is excellent. Don has responded quickly to my questions, and helped me move in the right direction.

I am quite satisfied. For those interested, RTFM (see above), ask questions, RTFM, and ask questions.
Then use the EA.

I made my investment back on my first live trade!

L Pinto

Toronto, Canada


   I Traded both on the TSE. & VSE for 20 plus years. I looked at this EA out of desperation as I have failing eye sight & it was becoming almost impossible to watch the computer screen for more than about 15 minutes. I opened 2 demo accounts 2 weeks ago the largest one a $25,000.00 account which made $9000.00 during the chaos of the action of that period. The other account a $1500.00 account which during the same period made $943.00. I have to give this EA a 5 star rating as I think it has earned it. Mr.Steinitz has given me outstanding support & excellent service for this product. When using this EA I used a variety of settings & they all worked. The only way to find out how good this EA is, is to try it out for yourself. Keep up the good work Don I appreciate your dedication to help us traders.

Bill M.

New Westminster, B.C. Canada


   Been demo-trading it for a few months - including the rough time over July/August. It went really well before and after that period. But in the communication over that period, Don made it very clear to everybody that these things will and can happen - and has addressed the situation accordingly.

Since a week I have been trading it live against only the GBP/USD, and am up 86 pips!

I do not believe there is a holy grail, and do expect this EA to make losses at some stage. As long as it makes more than it looses, so what!

Thanks Don, for an excellent EA and support and assistance in getting it all coded, set up, etc. On top of it, it is dirt cheap.

Andreas Y.

South Africa


   I am new to Robot trading. I looked at a number of robots and I like the concept behind this one and price was reasonable. I have traded a demo account for a week and made $954.00! Don has been a great help in getting me setup and going and responses fairly quickly. I highly reccomended this robot, from everything I have seen so far and the improvements they keep making to make it better, I think it is hard to go wrong!

Don J.

Phoenix, AZ


  I have owned and been testing this EA since 9/15/07, however I have been trading using the same indicators this EA uses for years. 

Some people out there cannot say more than "I don't like the way Don sells this", half of them probably have not even tried the EA itself and certainly haven't tried running it with the setting files freely available on the TSD forum. The author does sell the EA with a "No Loss" claim. However his attached statements confirm that he hasn't had a loss. He isn't lying in that claim. He's trading in the direction of the monthly/weekly/daily trend and knows that holding trades in that direction will pay out eventually.

I demo'd the EA for a month and a half, until the end of October. It has produced a 205% return on a 1k account trading only 1 mini lot at a time. Contrary to how the author trades, those results are with a conservative 75 pip stop loss. The demo has losses, however it has many more wins. I wont trade without a stop, but a 75 pip stop with some of the winners running hundreds of pips. The EA created profit then held its own during the first few weeks of October when the trend disappeared before picking back up again when the trend continued toward the end of the month. It's wins are greater than the losses.

I am now trading it live as of 11/1/07. The EA is up 265 pips as I write this on a live account. All the while the GBP/USD has a 13 pip weekly candle with no real movement.

I have been trading profitably for 5 years and studying and Demoing EA's for the last year. This is the first EA I have run on a live account.

Looking forward to the new 2.6 version.

Casey

Richmond, VA


  This EA is great and profitable, i not regret with money that i pay for. High performance, good price, and the most important is i not have to wasteful my time in front of chart anymore. Thanks for Don Steinitz and my friend in F.Factory that recommend this EA.

G. D4ys

Indonesia


  I have tried almost every system out there. I am a trader of over 4 years and know my stuff. There is great profit to be made with trading with the trend on the counter trend like the robot does. I have been testing an account (DEMO) for 6 days. Started with $3,000. Today trading days later... trading 10 pairs.. my account stands at $12,332.08 over $9,000 profit. I don't know about you, but that is good profit for anyone. Almost 300%.

There ARE trades with some significant drawdowns. But the thing you have to remember (even trading with no stop loss) is that when you are with the trend, your chances of OVERALL success in that trade are great. I had 4 days of SUPER success.. day 5 was a little slower as I had a larger drawdown, Today, day 6, all but 1 of those trades are back in profit (and I have statements to prove). I have 45 wins and 2 losses. The system closed a small loss for some reason.. not sure as it was in the middle of the night. The other loss was actually a win via pips, but the swap was negative and the trade lost about $34.00 overall. so I have 2 losses out of 47 trades. 96%. Do you not think that is a good system?

Anyone out there who will bash this EA is going to bash it. No one can be 100% happy. Trust me.. there is ZERO systems out there to be sold that I have not purchased and tried. Some work for a couple of trades and then have more losses than wins overall. With little to no profit. This is the ONLY one I have seen that not only works, but the trading methodology is something to take in consideration .. even if you don't purchase the EA. Trading with the trend will always get you more wins than losses. This EA scans the better opportunities and presents you with them.

Thanks, Don for you system. I am going to be demo trading for about a month to 3 months before going totally live.. but I have no doubt I will be profitable.

p.s. I am not normally one to give testimonials.. so consider this a good system. Anyone who wants to tear it apart.. can.. everyone is entitled to their opinion. If you tweak the settings to fit your trading style.. I can't see how you WON'T profit.

Brian S.

Indianapolis


  I purchased Don Steinitz's EA in September, 2007. At the early stage of using it, my trading results were not so encouraging. But after asking him a few time trough e-mails, I now manage to get an average more than 50 pips/day, which is more than enough for a novice trader like me.

His customer service is excellent. All my e-mails have been replied within a day.

Zainudin F.

Malaysia


  I am higly impressed with the stragegy he is using with multiple timeframes. This is the right way of forex trading.

This is not really a black box as we can see though the indicators he is providing as how this EA would have performed in the past. Lots of points scored here as well.

Further, he is planning to update this EA as how to behave in the ranging markets as well. Normally any commercial EA developer will bring in a new EA for another price if they are giving a new functionality.

His support was outstanding and I even a person having a mico account with minimum balance can take this money out in a very few trades. This EA is worth much much more than the price I have paid for.

I very strongly recomend this EA.

Prem I.

USA


  Nothing is fool - proof.  But this guy knows his stuff.
Perception to the same thing means different to everybody.
When one clearly see his methodology, trading comes to its core - very vital and important for every trader.
Old trader know this already.

Thanks Steinitz

sandeep

india


  This is my first try at an EA so I found myself scratching my head at first watching this thing run. The drawdowns on the "ugly list" (the float) had me wondering if I ever wanted to risk this live. But once I figured how to tweak it to my shorter term trading style the ugly list shorted up, shrunk the drawdowns and started closing trades at a happy rate. Demo for week ending 10/26/07 topped $ 1700.00! Live trades are in profit too. Its a work in progress for sure, but it already makes money. It makes a few mistakes here and there too, but nothing like the ones I was making myself. So I would encourage the scam reporters to try the updates and the tweaks. Talk to the folks in the chat room for tips. I'm stopping at 3 stars till I see this thing run in a crashing market. That will tell us if the updates will truly see disaster coming.

transman57

S. E. Michigan 


   First I want to address all of the writers on this page.  Don has made it no secret that without a stop loss you'll have some heavy drawdowns and if you ride it out it will close out as a profit.

This has been my experience so far as well and I have no shame in saying that my 5 current open trades are all in the negative. One trade, the aud/usd, is down -52 as I'm typing this. I'm not sweating it though. Both of my earlier trades with the nzd/usd were down that much as well, and both, after riding it out a few days, closed out at a +45 pip profit, my take profit target.

In fact I think all of my trades were in the negative at one time or another and all of them eventually in the end closed out at a profit. So far I am 20 and 1 with a $2500 gain in 3 days.

The problem I think these other traders are having is more of an issue with their trading styles and lofty expectations that it will make them a million $ in one day. It's pretty simple. If your account can't bear the weight of heavy drawdowns for a period of a few days, then you probably aren't manageing your account very well. Either you are trading with too large of a lot, trading too many pairs, or have short stop losses in place that are going to guarantee that you lose out when your account suffers from a heavy drawdown. It's mighty difficult to turn a $400 account into $10k in a week! I don't care whose EA you are working with, that probably will not likely ever happen unless you are taking some extravegant risks that you probably can't afford to be taking!

I personally am trading it on a demo account exactly how I will be trading my live account soon and that is 1 standard lot with $25k-$50k balance across several pairs. I am testing it and tweaking my style, as that is the intended purpose of a demo account, so when I go live all of the gut wrenching ups and downs will have been already observed and so I will be more aware of what to expect and have less anxiety when my trade is live and down -50 pips.

1 standard lot is in fact contrary to what Don suggests, he only advises 0.5 lot, and that too is also in fact what he trades with on his own live account most of the time. I am me though and I plan on trading with full lots on a live account soon so it's my responsibility to test this on a demo to see if it's viable and to change things up if I see that my strategy is flawed or if my account isn't able to bear the weight of a heavy load, and so far I have had an absolute success with this approach and see no reason, from all of my demo testng, to say otherwise.

I am willing to, and able to take the added risk of trading full lots and will continue to do so until it is either no longer profitable or wise. If I fail because my approach is flawed, then that is my fault. The robot is a robot. It does exactly as I tell it to do and nothing more.

20 and 1!
Thank You Don
Justin

Chicago, Il


   My experience with Don and the ForexRobotTrader.com has been "EXCEPTIONAL" and like other commentary on here I am totally "EXCITED" to get my hands on the ForexRobotTrader... The customer support is truly "UNSURPASSED" in every way and I mean that literally… I have been a “PEST” emailing Don multiple times a day and he has helped in every way and answered all of my questions “IMMEDIATELY” meaning within 24 hours but usually within the same day… I am a Market Analyst and I have been trading the Forex for over five years now… Every multi-millionaire that I know uses very similar trading strategies to what the ForexRobotTrader uses in making trading decisions that are high probability successful trades…

I am not saying that everyone that uses the ForexRobertTrader will be rich as your success depends on your trading style and money management but I am saying that the trading technique and strategies used are being used today by professional traders…

Example of the ‘SUPERIOR” customer support, I am using a broker currently that was not supported by the ForexRobotTrader and I say “WAS” because now after some messaging back and forth Don was gracious enough to contact his programmer to see what could be done to allow trading using my broker with the ForexRobotTrader… The programmer made some additions that will now allow me to trade using the ForexRobotTrader with my broker, how “EXCEPTIONAL” is that… I mean really once you are a customer and buy the ForexRobotTrader every updated version is “FREE” there are no subscriptions and no further charges “EVER”…

If you are truly looking to trade the Forex Market using an automated trading Bot then look no further you have found what you are looking for…

Thank you Don you are the best and I truly appreciate your dedication to your customers…

Sincerely,
Greg

Colorado, USA 


 Hi Don,


I first would like to take this opportunity to congratulate and thank you and your team for this wonderful creation.  All I have to say about your RobotTrader software is that after using it for less than three days (Wednesday 4:00pm to Friday at3:30pm), it made 51 wining trades with only two losers and that is because I'm using SL.   I don't mind to get some of them stopped out because then I know that I'm not dreaming.

The total profit was $354.73 I had to add them up three times because I thought it was a mistake. I really have no words to express how please I'm with it, I really enjoy watching the robot at work when the market is moving fast especially with 10 pairs at once, before I was sweating trying to catch at least one and most of the time losing it. 

Don to me you are like an angel that came to my rescue when I needed it most, I thought God was not going to answer my prayers but he did. This has been the most valuable investment I have ever made in my life, because if you would have sold it for what it's really worth I could not afford it, so thank you for your gift.

Wil

Canada


  Don, my brother, you're obviously a genius.  I'm up another 250 pips in the last 24 hrs (trading only USD pairs)...  Down slightly on AUDUSD, but it's coming back from a 205 p loss (v2.61).  I've netted more pippage in the last week than in all my brief 4x career...

 
Best,
--- Gaylon V.

Norway


  Hi Don,

 
  I definately want to acknowledge that this is the most customer service that I have ever seen with an EA...  I am fortunate that I purchased this early on and have seen your continued passion to produce the finest product you can.  I will be happy to support you and your efforts to conquer these addictive markets.
 
Best Regards,
 
Tom
W. Virginia
   Great EA, probably the best for the best price!

The last version( 2.62)  is great and profitable. On a Demo account, high performance,  ( 90 pips this morning) good price, and the most important is that I don’t have to be  in front of my computer anymore.

I am going to be demo trading for a week before going totally live but I have no doubt I will be profitable Great program, great customer service too. Congratulations Don

Jean-Marie

Montreal Canada


  Don,

 
On Thanksgiving Day, I've been thankful for lots of stuff, and I've got to tell you, your EA is definitely one of them.  It's literally an answer to prayer, corny as that may sound.  And it's incredible!  In four days, I'm up 350 pips on 5 pairs on my $5,000 demo acct (which is the amount I'll start live trading with).
 
Somehow I got two losses (total 30 pips), but maybe it's because I was dinking around with the timeframes on the chart while a trade was in progress for the pair.
 
This EA is so *right* -- it jives so perfectly with every sound and conservative Forex trading principle I've learned in the 6 months I've known what "Forex" means, and it makes the "gurus" I've been studying with look archaic.  Really.  I appreciate what they've taught me, and it's paved the way to easy understanding of your EA, but your EA is light years ahead of them.  My goal now (aside from the direct trading goals) is to learn this thing as well as anyone can, and to contribute to it in whatever small way I can...
 
Best regards, and here's to a long and profitable relationship,
Jim W.
Kentucky, USA

    I just want to start off by saying a big THANK YOU to Mr. steinitz for creating such a ingenious method of trading the Forex market.

I don't normally write testimonials but when I was surfing the web I came across this site and read some of the positive and negative testimonials.

I must say that anybody who has written a scam rating certainly has not experienced a multitude of crappy EA's out there like I have.

I have noticed a direct correlation amongst those that that post positive testimonies and those that don't. It always comes down to proper money-management.

I have been trading this robot since September 2007 adhering strictly to what Mr. steinitz recommends in the way of money management and have seen my account grow from $10,000 to the $16540 as of today. I never trade more than 10% of my account and have never experienced drawdown exceeding 18%. Knock on wood.....

I must admit I do close down my platform whenever I feel like the profit is decent letting the robot go back and look for fresh trades. I learned this from Don listening to him on his Paltalk room.

In closing I just want to say I have never seen a robot close hundreds and hundreds of profitable trades in a row with minimal drawdown.

If this keeps up I'm planning on retiring early as an engineer and working on my golf swing.

God bless...


Stu

Montreal, Canada 


  I've read the threads and watched the reviews on this EA for a while now. I finally had to go with my gut feeling and get it for myself. I'm glad I did. No more lost sleep for me, and plenty of profits from a LIVE account to prove it. All it takes is common sense and using your head. Thanks Don! Way to go!
It's a great product, and I'll gladly stand behind it.
Keep up the good work.
  

Jeff

Salisbury, NC


  I have been trading this thing for a while with positive results every month since I started. I just recently tried an experiment to see if technical analysis really has any merit. What I did is make the robot take a 50 pip risk and a 50 pip profit target in the EUR/USD pair only - no trailing stop. This basicly puts the odds at 50-50 except for the spread you pay. Mine is 2 pips, so it only has to move 48 pips against me to step me out and it must move 52 pips in my favor for me to win. Well, I started this on 1-15-08 and I am 9 wins out of 11 trades as of 2-7-08! I don't think this kind of accuracy will hold up, but I do think it sure is doing a lot better than random chance. On my last loss, I doubled the size of my next trade to make the loss back and I did. I could not be more pleased with this bot. All the people who say it is a scam say so because they don't have the sense to think for themselves and use a stop loss. Come on people!

2007-11-25 5 Stars I have traded the robot live since 9-17-07 and it has made 26 trades as of this date 11-24-07, 20 of which were winners. The average win has been equal to the average loss so far, so I am very happy with the results. I trade it on the EUR/USD only and have it look at the 4 hour, 1 hour, 30 minute and 15 minute time frames. I use my own settings. There are so many, I may have just gotton lucky and picked some settings that happen to work well, but I think the thing is designed well to buy dips and sell rallies in the direction of the higher time frame trend, so many thanks to the designer. I do have it use a stop loss. To trade without one is to take huge risks which I don't think is wise.

Erik Kusk

Waterford, MI 


  I have used this software since the beginning when Donald First introduced it to Forex TSD. I am one of the early users.

I have made more money in the last 8 months then I have in my job as a Paralegal. I started with 5,000 on a mini account and never traded more then 10% of my total capital.

My account is now up to 94,747 as of today. I have never taken any money out just let it ride. I have seen my account go throuigh some rough spots but nothing even remote to a close call.

I have never seen any software so consistent in my 7 year search. I have tried dozens of robots too. I in no way have anything to do with Donald.

I can't wait to see what happens with his newest idea of hedging which I think could make me even more money.

If I could give more then 5 STARS If I could!
  

This guy is pure genius. THANK YOU VERY MUCH AND GOD BLESS YOU

Fred Fohl

New York, NY

 
   
 
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