What we have here today is Forex Treasure Map a new Forex robot. This has been developed by Nathan Lee. I will take the time to review this EA and let you know if its good or not. To purchase this system, you have to shell out $19.95. This is being sold on the Clickbank payment processor.
Tagline: Go Ahead… Steal Our System! Plug Into This 100% Mechanical System, Sit Back While It Generates Profitable Trades For YOU… And Puts Money In Your Bank…
Website: www.fxtreasuremap.com (not available)
In a nutshell, Forex Treasure Map is something I am not really impressed with. It doesn’t seem to bring anything new to the table. You can find that it is an inexpensive EA on clickbank. If you want to try it out, this comes with a money back guarantee of 56 days. In my honest opinion, this is a waste of your time.
Results
The only results available for Forex Treasure Map are screen shots trades the EA supposedly will make, I need more than this to really make a strong decision on the software and they just aren’t providing it. The problem with this type of Forex results is that it really cannot show a true image of the strategy itself and thus does not depict how the Forex product will actually perform. This is our opinion on Forex Treasure Map on behalf of Forex Robot Nation and an adroit ascertainment of the market for Forex products itself.
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If you have any information about Forex Treasure Map that you would like to contribute to the conversation then you can leave your thoughts below. Generally the products that get the most posts are obviously the most popular but keep in mind there are many products that don’t have the hype but certainly have the profit.
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It is time for you to have your say on Forex Treasure Map so leave a comment below and tell the Forex Robot Nation community what you think! If you like it or you hate it we want to know everything about Forex Treasure Map.
Hi, may I know if you use the 4-hour time frame for all your strategies?
Hi, regarding Forex Treasure Map. I’ve paid for their softwares but until now I still didn’t received a download links. I’ve send email to customersupport but no reply at all. Scam or what?
Frankly, I do like the look of the chart graphic. I am a simplicity addict and this looks like a child’s coloring book. Now my criticisms.
They should have come up with a more professional-sounding name. Treasure Map has the ring of an arcade video game. This alone will turn some traders away.
Treasure Map competes with—IMO—one of the best tools available, that’s been on the market for nearly ten years. Naming it here may not be appreciated. So I’ll mention the author, who’s a longtime professional, full time trader and lives in the Canary Islands. Martin Bottomley. If you’re interested, you can research the name. Only thing I don’t like about the Bottomley tool …IS THE NAME. It also does not dignify the remarkable software .
Bottomley’s software is intended for swing or scalp trading. It will email you when a trade is setting up in your designated pair. Does Treasure Map email the trader? With that email, the trader has his/her entry, recommended exit and stop. The idea is, you’ve got anywhere from 45 minutes to perhaps 2 hours from notification to enter your trade.
You guys have been lectured enough already about money management. If we don’t strictly practice it, the best software tool on the planet will not make us any profit and we will, in fact, take unacceptable losses. 2 to 3% of account balance on any given trade. 100 to 1 leverage is certainly as high as we want to go. Some say 50:1 is high. Currency trading is a get-rich-slow scheme and you can, indeed, become very rich.
Repeat: I do really like the graphic presentation of Treasure Map. I sense it’s simplicity. But I think I’ll stick with what I’m using …I’m a Luddite of 65 and tend to be highly resistant to change. Do what you feel is right for YOU …and the very best of trading to you!