Forex Smart pips robot is a new expert advisor the claims to provide a Japanese-style of Forex trading. The developers (Den Murukami and team) of this software believe that it is unique and unlike others because of its trend identification and inability to understand flat markets.
Today I’ll be providing a short review and telling the Forex robot nation readers if this system is worth your time or not.
Forex Smart Pips Review
The software trades on the M 30 timeframe and claims to provide up to a thousand pips monthly using the EURUSD and GBPUSD pairs. The software uses different trailing stop methods including a sensitive trailing stop which is used to help maximize profit. There is also a stealth trailing mode which hides the movement of the stoploss and keeps this information away from the brokerages.
The developers of Forex Smart pips software use the M 30 timeframe because they believe it is the best way to catch trends and close orders within the same day. They believe this timeframe is less subject to market fluctuations.
As for results, there is very little information here. The Forex Smart pips system shows multiple screenshots but they don’t seem to have their software linked up to any statement sharing website. From what I can gather from the screenshots they do show the software trades between 2 to 3 times per day and the average trade lasts somewhere between 10 and 24 hours.
At this point in time I’m not going to be able to recommend the Forex Smart PIP system. The software is very new and is equally unproven. With no real time trading stats and no reputation there is just no way that I can justify recommending the system to any Forex robot nation reader.
If you something you would like to contribute please leave your comments below. As always I appreciate you coming to read the website and gather the information you need to make the right decisions in this market.