Hi everyone. It looks like the Forex MegaDroid team has been quietly working on a new EA and they just officially released it today. Their new EA is called “PipJet” and if I understand their sales page and promo material correctly is basically a Asian session scalper for the USD/CAD currency pair. I must admit that is a pretty neat idea that has crossed my mine on multiple occasions.
Now I’m not going to tell you a load of bullshit how this EA is going to make you rich overnight, all I can tell you is that it warrants a try. The forex megadroid team has had success with their previous EA so it would be safe to assume that they are fairly good at coding a decent forex robot.
So I bet you are wondering why USD/CAD. The Pipjet team says the following (taken from their sales promo e-mail):
a) In the last 36 months the tick volume on the USD/CAD during the Asian session has gone from a paltry 244 to a MAMMOTH 4,324.
b) The average range has gone from 69.63 pips to 27 pips in the last year! If you don’t know what that means, let’s just say that…
…the smaller the range, the tighter your trades can be…so basically you don’t need to do anything risky.
c) The symbiotic nature of the US and Canadian economy means that the USD/CAD does not have acid reflux when news releases come out! It’s STABLE!
d) The spread has gone down from 5.1 to 1.8 pips! Okay, I KNOW I don’t have to explain that one to you!
e) This price channel on the USD/CAD during the Asian session is ACTION PACKED!
I did notice the decrease in spread on this currency pair, but never noticed the increase in liquidity during the Asian trading session. I use another Asian session scalper but that one so far only trades EUR/USD. Maybe PipJet might make a good addition to my EA repertoire. Either way I’m hoping to get a copy to try out either for review purposes or I’ll just outright buy it. I’ll of course report my findings with 100% brutal honesty as I always do.
For now if you’re the curious type and would like to give PipJet a try (it’s sold via ClickBank so you have that 60 day money back guarantee if it turns out it’s not your cup of tea) you can do so by visiting the PipJet homepage.
I’ve created a forum thread at the forex robots forum for PipJet. If you wish to chat and share your experience you may do so here:
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