Today I’m looking at an older Forex trading system that happened to land in my inbox a couple of days ago, 4x Pip Snager. I received an email from an old Vladimir Ribakov newsletter I must’ve signed up to years ago, and it turns out he’s still promoting a couple of different products. Even though I’m a few years late with my review, I figured I should revisit this software because it still being promoted, and so I assume there are traders out there looking for new information.
The software is owned and operated by Jason Sweezey, who is located in Toronto, Canada. Jason has been involved in the release of many products, and I will highlight some of those throughout the review for you as well. If you need to get in touch with the support team for this product you can email 4xpipsnager2@gmail.com.
Contents
4x Pip Snager Review
My initial thoughts on the 4x Pip Snager is that it’s certainly showing its age. With a release date in 2013, it’s no surprise that the sales page and the general approach of the website makes you feel like you’re in a time machine. In looking through the search results, it seems like there are quite a few free copies of the software floating around the Internet as well. This doesn’t bode well for any additional sales of the indicator, but it also suggests that the software isn’t being supported any longer.
Generally, products that stop being supported and promoted, are frequently found online for free. The reason for this, is that if the developer truly cares about making money off of the product, they will contact these websites and make sure that they remove free access to their software.
I would provide you with access to the system, but the more I read through the sales page, and some of the reviews, the less I believe that it’s worth our time. You will be much better of with an automated Forex ea.
Breakdown
- Type: Forex System
- Price: $97
- Strategy: Multiple strategies
- Timeframe: M1, M5, M30
- Pairs: All Pairs
The 4x Pip Snager the system consists of multiple indicators and templates that go over different strategies. The different strategies include scalping, day trading and swing trading. With this wide array of strategies, time frames and different trading approaches, it’s hard to believe that Jason was able to put together a strong to find strategy for each of them. The amount of work they would have to go into supporting each of these strategies, is likely the reason why the system is rarely supported or ever heard of in 2017.
Trading Results
The trading results are exactly what you would expect from a system developed in the early ages of Forex trading. There are a collection of screenshots, but they are very rudimentary, and do nothing to prove that the system has any capabilities of winning in the short or long-term.
There are some testimonials as well, but I prefer to go to a 3rd party source for customer feedback.
Customer Feedback
As the system hasn’t been promoted in a long time, the most recent 4x Pip Snager review is from 2013, and it’s not very positive either. The overall ranking is 3.92 out of 5 stars with 28 reviews, which is impressive, but the detractors even take their time to attack some of these positive comments.
Conclusion
I see no reason to sign up with the 4x Pip Snager software today, and if Jason Sweezey had his way, he’d probably rather that you sign up with one of his newer products. Please let me know what you think about the system, and feel free to leave any questions or comments you may like. I know that this is an old product, but if anybody was looking for a place to discuss it, now they can.