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Steal Pips EA

Posted by on Mar 30, 2010 | Leave a Comment

steal-pipsIt’s very early days for the new Steal Pips EA, but I have it on good authority that full (and detailed) back test results will be available when the product launches. Currently there are only snapshots of 3 live accounts starting midway through March 2010. The amazing thing is there are no losing trades and no open trades. So things are looking up for Steal Pips.

Looking closer at the live account I’ve ascertained that the make up of this EA is as follows:

  • Currency Pair: USDCAD
  • Target Pips Range: 4-55 pips
  • Stop Loss: 100 pips
  • Take Profit: 100 pips

As Matt Delen, the creator of Steal Pips, talks about outwitting brokers in order to continue profitable trading unhindered. Therefore I’m guessing the SL and TP that are shown on the live accounts are there for show, letting the robot do all the work, adjusting the SL and TP levels dynamically in line with the system they use.

live-account-march2010

View Live Accounts running from 18th March 2010

We haven’t had a chance to review Steal Pips EA in full and plan to do so after it’s launch in March 2010. If you have used this Forex EA then please post your review below, make sure you give it an overall star rating also.

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