Pips cannon is another new Forex indicator by Karl Dittman. Karl has been in the market for years and this time claims that his newest product is not a holy Grail but it could make you a stable reliable income whether you’re an experienced trader or not.
Today I will be looking at the software (pipscannon.com) closely and finding out for the readers of Forex robot nation if his claims are true.
Pips Cannon Review
Karl has been in the market for a long time as I mentioned before but he really believes that the pips Cannon is the best product is released. A lot of people have been grouping them in with Rita Lasker and click these two developers are not providing quality software anymore. There’s been a lot of dissension and discernment when it comes to these two developers and for good reason. The recent history of Karl’s products has not been great.
Like usual Karl provides multiple screenshots showing trades that his new Forex indicator provides. The pips cannon is being sold for $87 and is a simple indicator that is meant to be used to predict the market. The software is meant to generate up to 200 pips today, it works on multiple time frames and with any currency pair. This is one of the things that I wish Karl would stop doing with his products. Forex strategies are more likely to be successful if they are specific. Pips can it looks to be a software that provide signals in any market condition with any currency pair and almost every time frame. It really makes it difficult for a software to be providing good results in these conditions. Whereas if you have a strategy that only works at certain times of the day, with certain pairs and time frames it looks like the developer has spent more time in putting together an actual strategy that being said I’m not going to totally discount the pips cannon software because the signals may be good with some manual intervention.
Today I won’t be recommending the pips cannon software for some of the reasons I’ve highlighted above but mostly because Karl’s track record is slipping in recent months. More information I look for on him continually bringing up bad results but in the past he was a very smart trader so I don’t totally want to sully his reputation here. If you are interested in the system maybe you can try it out for a few weeks and see if it’s for you. Please leave your comments here on my website if you have any and thank you for reading this today.