Forex Meltdown | Forex Robot Review and Scam Watch
Forex Meltdown | Forex Robot Review and Scam Watch
So let me take you through the website of a new Expert Advisor that I have just been emailed about. We are looking at a system that promises us that “Forex Meltdown undoubtedly proves that a robot can make 100% winning trades! imagine quadrupling every dollar you deposit!”
They then go on to claim that they tested the software for over a year before releasing it. The only question I have then is if it was tested for over a year, why are there no demo or live Forex Meltdown Results anywhere to be found on this page. Regardless, they do offer proofs that we can go over.
Proof 1, click here to see more Forex Meltdown Results
So what do we have here, we have proof, or relative proof. The fact is it looks great, the backtests look excellent, but does that really mean it is a good EA, no. We would like to see some live results, or at least some demo results but it is apparent this is the type of EA that will not be providing either. With that said we are not going to totally outlaw the system in our Forex Meltdown Review we will just have to try this system ourselves and come to our own conclusions, because what they are giving us is simply not enough to go on.
Forex Meltdown Conclusion
Everything being said, this is a clickbank product and it is only $97.00. I suggest if you have an opening that you buy it and you test it out and make up your mind. If it isn’t good for you then refund it like you do with any other clickbank product as you have a 60 day money back guarantee.
I suggest you go Try Forex Meltdown
He won’t convinced me to purchase , because his website is very generic and the information he gives are very generic and very random.
1st , He is not telling his name in the website , appear his self as one unknown forex robot creator who wake up one day and create yet another robot. (Bot – expert advisor).
2nd , the so colled proves in the website are one screenshot of two random charts.
if you see , close to these charts you will recognise the bot operates in GBP/USD H4 time frame , which is not reported in the website. Also this chart has 2 horizontal lines for me , 2 horizontal lines are nonsense , is very ease to draw 2 horizontal lines in one chart. These horizontal lines does not means that are the opened orders , are just 2 nonsense horizontal lines nothing else. Also there is one more horizontal line which suppose to be the stop loss but again is just a horizontal line is not a sell order. As all we know MetaTrader when open trades create on red triangle and create 3 horizontal dotted lines one green and 2 reds , which means the take profit level and stop loss level. In the chart we se and two diamond squares and some bollinger bands and some random orders , but without the date and the currency , and one result screen without provide which brokerage is and without provide if this account is Demo , Fake , Real. My opinion is stay away from this kind of websites. The guy is just marketer as me and don’t know nothing about forex. All of these marketers promote bullshits with the safeguard Clickbank. (60 days money back gruarantee) I thing he will have a lots of refunds.
Supplementary , the name of the system is “Forex Melt down” , the thing speaks itselft (If you put this system in your account , your account will melt down
)
Hahaha, that was my first thought, initially terrible marketing but we will give it a chance
The website is very funny and I have seen a lots of these kinds of websites. They put some screenshots of one random chart , without know what period of day is , (Last year , last month , yesterday? ) we don’t know and they put some circles or some squares and draw one nonsense proof with paint shop or photoshop and they pretend they have proof or they try to convince people the system is open trade here and close trade there. Also the backtest if not whole is one only screenshot of one part of backtest , but is very generic and random , and there is not report or total result and which brokerage account they use. So for me smell scam…
We will give him a chance , because we have clickbank behind , but if we will not had clickbank behind , do will give him a chance?
And if we suppose we have clickbank as moneyback guarantee , do we have guarantee of our capital in the brokerage? (I speak after demo) might be good in demo and bad in real account and 1 year test accourding to system creator is very few…
Well generally we can tell from demo and analysis if the EA is going to perform well on a live account. That is why we take the approach of test and see.