Intraday Profit Machine is a new Forex trading strategy built to provide traders with reliable profit trading bubbles and bursts. They believe that their introducing the most reliable intraday trend strategy ever released in the Forex market.
Today I’ll be providing a review and letting the traders of Forex robot nation understand if this trading software meets our requirements.
Intraday Profit Machine Review
The Intraday Profit Machine is a new trading tool by Gary Newman that uses advanced tactics to make sure that your accounts are filled with real piles of money daily. This signal software works on eight currency pairs (AUDJPY , AUDUSD, EURCAD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF), on the H1 timeframe. Gary decided to use very common indicators to build the strategy (Stochastic, RSI, moving average and Bollinger bands and custom algorithms), and the software will take advantage of average true range to set a dynamic take profit and stoploss. Traders are expected to trade 0.01 lots for every $1000 and Gary claims that using this strategy will provide a 42% return on investment with a maximum drawdown of 13%.
Gary tells us that his Intraday Profit Machine is quite compatible with other time frames as some of his clients have successfully use the system on the M5 and M15 timeframes. This software is built for daytraders who want to trade is often as they can during the trading day. Every single hour there are new opportunities to take advantage of. On the website it says that the software win 70 to 90% of all trades. This is quite a large gap, I would prefer a more specific number because this makes it seem like the software hasn’t been analyzed properly. As for results we see a statement and a handful of screenshots but there is no my FX book to verify that these results are true.
I won’t be recommending the Intraday Profit Machine until Gary gets his hands on some verified trading results. There are so many impressive systems in the Forex market now that the competition is very stiff. There is no reason for us to purchase a system that doesn’t have verified live results when there are many other proven systems in this market providing us with success. Hopefully Gary will see the error in his ways and resolve the soon. Thanks for coming to Forex robot nation and please let me know what you think about my latest review.