4X Cash Compounder
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4X
Cash Compounder
is an automated
Expert Advisor based
on price action.
It’s created
using mathematical
algorithms that do
not use any
indicators and
analyze the current
market price and
movement patterns.
4X
Cash Compounder
is an automated
Expert Advisor based
on price action.
It’s created
using mathematical
algorithms that do
not use any
indicators and
analyze the current
market price and
movement patterns.Like most Expert
Advisors, 4X Cash
Compounder works on
MetaTrader 4
platform with all
brokers (including 5
digit and ECN
brokers) and is easy
to install and use.
It works under any
market conditions.
While the EA works
out of the box with
standard settings,
the advanced traders
have an
option to customize
its parameters.
In addition to the
standard version,
there’s an
advanced version of
the EA for an extra
upgrade price.
Some more details:
- Cost: $99
- Guarantee: Clickbank’s 60-day 100% Money Back
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This is not a full review of 4X Cash Compounder. If you have experience with this product, please leave your feedback or review below. Help others to decide, every entry helps.
Hey guys,
This is one of the few EAs I have recently purchased. So far, so good. I was a little put off when I first purchased it with regards to the sneaky upsell they put in after you purchase the basic EA. They offer an advanced version here. In hindsight, I should have taken them up on it.
Also another minor problem was that the original EA was actually three EAs depending on your account balance ($5K, $50K or $500K) Like who has $500K to trade? And you really needed a min balance of $5K to trade this EA, which is still out of reach for a lot of small traders.
Good news is that the EA has been upgraded and now uses the one EA for all accounts.
It is mainly traded on the EUR 5 min chart and it is in the market at all times, where it begins a cycle with a buy order (stop and target) and also has a sell order in place with a slightly larger position size. If that is filled, then there is another buy order in place, again with slightly larger position size. You can limit your max position size, which is strongly suggested. Once a target has been hit and all your current trades are closed, it will be for an overall profit and the cycle starts over again.
I traded this in demo mode on several platforms with various balances, and it worked well. I have since gone live on a small live account with a starting balance of $2183 as of the 10th June 2010. This account trades the EUR only and the initial trade position size is only 0.01 of a lot. As of today, 12th July 2010 my balance stands at $2516 which is a 15.25% gain in just over a month. Whether it keeps on going like that, I don’t know as it is only early days.
The support is quite good and as stated there has already been one upgrade, with quite a few emails offering advice on set ups on different pairs etc.
So far so good, but it does need more time. Hope that helps you guys out. Cheers.