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EA Review: FX Pips Express

Well, Anna Monti is back, and this time with a system built to earn traders over $14,000, FX Pips Express. This robot trades two pairs using a strategy based on “trio volume,” which is a trend filter with two indicators. Anna releases a new trading robot every couple of months, all of which are supposed to take advantage of Swiss trading techniques.

There is no address for the offices of Anna ‘Forex’ Monti. Support can be reached via email annaforexteam@gmail.com. Specify the product you are emailing about, because all of her products utilize the same support address.

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FX Pips Express Review

The FX Pips Express EA uses the Stochastic Oscillator, Relative Strength Index and horizontal lines to determine the best possible entry points for trades. Anna believes that this trading strategy allows traders to “risk less while entering the market as those levels frequently turn to be extreme points.” The software comes with out-of-the-box settings that work for novices, as well as the ability for more advanced traders to tweak the system to suit their personal preferences.

Breakdown

Type: Forex Robot
Price: $99/license
Strategy: Triple Volume
Timeframe: M5
Pairs: EURUSD, USDCAD

Anna ‘Forex’ Monti Discussed

So, it’s no real surprise that Anna is putting another Forex robot on the shelves this week. Seemingly, her development team needs only 2 to 3 months to come up with a new strategy to push to the trading market.

There has been some recent discussion regarding the linking of Anna Monti, Rita Lasker, and Alex Tanuka. One of my commenters purchased an Alex Tanuka product just last week and noted that the PayPal account used, is the same PayPal account used by Rita Lasker. While, there is nothing linking Anna to this equation just yet, there is a large part of me that believes that she is also under the same umbrella.

I believe that Anna Monti, Rita Lasker, and Alex Tanuka are all stage names owned by one developer. This way, they can release products under different names every couple of months and continue to churn out new systems like the FX Pips Express on a regular basis without over saturating.

This is just a few of the Anna Forex products, but if you look closely you will find that the similarities between her products and the products of those named above, are inarguable.

Trading Results

The main issue that I have with FX Pips Express, and all Anna Monti products, is the trading results. Anna, Rita, and Alex all provide short one month trading statements as proof that their products work. Yet, in the age of Myfxbook, MT4Live, FXStat and FXBlue, this just doesn’t make sense anymore. It’s extremely easy to provide traders with months and months of trading data, but they never do.

Every single time I review one of these products, I make this point and I know that this developer has read my reviews so I’m not sure why they are avoiding the future.

Conclusion

I can’t recommend FX Pips Express at this point in time. With all the questions about who is really behind the system, and the extremely small sample size of trades, I just don’t see this being worth the risk. If I had more time in the day, I would consider signing up and seeing whether or not this is a long-term trader but if the developers can’t prove that it works in the long term then I don’t see why I need to prove that for them.

Thank you for stopping by and please let me know if there is anything you would like us to add to the review today.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

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