Worst EA ever
Worst EA ever! No refund! Big losses! Be careful!
Unluckily I bought the EA in 2021 September. They now changed its name from Megastorm to Portfolio of forex robots and vica versa. Of course when I asked for refund, they did not paid my money back. It was my worst EA till today, just a waste of lot of money. I tried many EA's, some of them worked for a time some of them not but none of them made such a loss than.
It burned 3000$ and they said it is because of slippage and broker etc. (advertised for working with any broker anyway). It was not the broker's fault. I had never experienced any problem with my broker while manual trading and running other bots/EAs.
The EA has a very bad money management. It's basic risk setting is more than hazardous and they say it is normal. First it seems to be okay 15-20% DD, but after 2-3 weeks the drawdowns starts to be huge like 60- 80%. It shows a stop-loss but there is no actual stop-loss, it lets trade go minus 3-400 pip, like it did for me. It works only while market is ranging, when trending it just lose money. Trending market is more frequent than ranging market...
The worst part is when you ask them about the drawdown, they just lie to you, they will not say to stop EA to not to lose all your money. They say it is okay, just wait (till you lose all your money). I stopped the EA after 5 weeks (I was not sure back then it was a good idea or not) and now from historic data I see it would blew my account.
Now it is clear to me that all the negative comments are real and the positives are the fake ones... Congrats signal2forex, forexrobot24, forexfactory (all the same) for taking people's money and let them burn them all!
Facts:
- live video is just a loop, it starts over and over above when shows around 165k profit
- all myfxbook result is scam, that is why there is no open trades or history data is available and many detail is hidden
- all myfxbook account is in 100% drawdown means they went bankrupt. Profit does not matter If account have bigger loss than profit.
-support seems to be good while there is no problem, in any other situation just saying stupid things like a person who never traded
Yes, I saw some of these signs, but sometimes I want to believe... like a fool.
November 23, 2021
Unprompted review