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Home > Forex Robots > Pips Miner Gold

Pips Miner Gold

Posted by on Aug 04, 2010 | 2 Comments

pips-minor-goldPips Miner Gold is the sequel to it’s predecessor Pips Miner. Taking the original bot and incorporating feedback from users to make it better for all.

Here’s how both robots compare:

PIPS MINER EE PIPS MINER GOLD
Profit 114% 153.03%
Profit factor 1.64 1.67
Total trades 501 330
Trades won 448 291
Max Consecutive Wins 96 106
Max. consecutive losses 8 8

The Pips Miner Gold Essentials…

  • Over 88% winning trades ratio in a long term (using recommended aggressive settings)
  • Increased accuracy (less trades bringing in more profits)
  • Proven profitability of over 500% in just 5 months
  • Designed to run on MetaTrader4 platform both with 4 and 5 digit brokers
  • Trades the most predictable currency pair EUR/USD
  • Does not require any special spread settings
  • Works regardless of the account size: you can start trading with as little as $100

Let’s take it to the lab.

lab-results

Test 1: Strategy Testing

Jan 2010 – June 2010 Strategy Test results show growth from $3,000 to $18,186 at 88.04% accuracy.

backtestMay2010View full Jan 2010 – June 2010 Strategy Tester results

Independent Strategy Test results will be available soon.

Test 2: Live Test

Currently running  Pips Miner Gold on Alpari UK, testing started on 3rd August 2010. Current results are as follows:

View our Pips Miner Gold Live Test Statement

Lab Result:

Update 6th October 2010:

  • Nothing left in the tank with this one I’m afraid. For some strange reason the settings stayed the same but the level of risk shot up without intervention… dangerous.

fail


2 Responses to " Pips Miner Gold "

  1. Hans Balzer says:
    November 30, 2010 at 11:18 pm

    Hi at Forex Reviews – I had the same experience as you in that the Pips Miner Gold has made nothing but sensless desicions over the last few weeks – Most trades when executed have within a short time gone the opposite way and that goes for short and long trades – Sometimes it made a sell trade and then a buy trade within a very short period like inside 2 houers – The whole process with Gold right now is realy confusing – Have started to interfere and soften the S/L blowout by seting my own limit to about 60 Pips – Losses have become unbearable with a limit of 250 Pips with PMGold – I am having a break for a while and change to a scalping EA under the current trading uncertenty …. Regards Hans Australia

    Overall Not Rated
    Reply
  2. ilios says:
    March 3, 2011 at 8:04 pm

    I agree..its a scam overpriced product which when you buy expect NO refund! BE CAREFUL!

    Overall Not Rated
    Reply

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