ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor 
5 pips a day is a new Forex expert advisor. The developers of the system believe that winning 5 pips on a daily basis is all any trader needs to make a lot of money trading Forex. The system is built to work on 28 currency pairs 5 days a week.
Today I’ll be taking a close look at the software and determining whether or not it is fit for the Forex robot nation readers.
5 Pips A Day Review
The 5 pips a day software is built to consistently increase Forex accounts as it has made at least 5 pips per day for over 5 years. The system takes on average to trades per day on each currency pair which aims to target a gain of 10 pips. Again, the developers say with 5 years of testing that there is been over 11,000 profitable trades with a 99% winning ratio. The software is built to work in any market condition, with any broker and it uses no martingale, hedging or grid strategies.
The producers of the 5 pips a day software use in EA analyzer tool to provide us with information that has originally been created in a back test. This back test shows very impressive results but at this point in the Forex market developers need to use either my FX book or mt4live. The developers claim that they use my FX book to show the results and that they say they are real and not adopted in any way. However, when you try to click on the my FX book link that the developer is providing, it does not work. Thus, we can only assume that there is no my FX book account and that they have just taken a screenshot and written the results in themselves.
Due to my findings above I am not able to provide a recommendation to the 5 pips a day program. The Forex robot nation readers do not stand for any sort of deception. If this my FX book account is real the developer needs to fix the link and then come here and report back to us. Please leave a comment if you are using the system or if you have any information that you would like to share about it. Thank you for coming to the website today and I hope that you find a way to gain some pips with or without this new software.
Can used your robot for fxcitizen?…
Hi,
I was intrigued with 5 pips a day even though I usually run when i see get rich fast sites.
I have run it for a month now and its performance has been right on.
I didn’t like the 300 pip stop loss as I had put it on a $100 dollar live account for testing and
300 pip loss would wipe out account in 3 losses. The parameters are adjustable so changed
Stop loss to 30 pips. So far 1 loss during an economic announcement. I will probably change
stop to a larger value and compensate with lower trade size.
Terry
Glad to hear that Terry. Show us your results if you can.
Hello i have use the 5 pips a day for 2 weeks and i have no looser at all.
The EA are doing what it tells on the websde.
I am trading it on a live acount on Hotforex. And i am not sellig this EA.
And the strategi on the one minutt time frame are strait simpel it take
trades in the opposit direction of the on going direction. And it allways
come back and take that 5 pips.Somtime it taks some time before it
hit that 5 pips and some times it takes just minuts. and sekunds.
But ther is one ting i am woring about it sets the SL at 300 pips. on a one minutt
time frame. But it goes only in a range about 50-100 pips before it turns back and
hit that 5 pips.
So the strategi to handel this are to have big lots and take out about 70% of your
profiit in the en of the week. And start over agein.
And the EA only trading on Euro/Usd the spreads are low 1-2 pips and it sets a slippage at 5
Regards
Are
I’m wondering if you still using this ea? Please let me know how’s it going