Xtreme Pip Poacher Review
Note: See my test results and recommendation at the bottom of this review.
Forex Pip Poacher has been coded by an unknown developer and released by Drew Collison, who claims that he has tried to be successful at forex trading for 26 years, using as many as 553 different systems. Currently he’s using only this robot and is successful in 90% of the trades.
Xtreme Pip Poacher Vendor Claims
- He claims he is making $15k per month with this robot.
- You will be successful in 90% of the trades.
- The average drawdown is only 8%.
- The robot will prevent you from being stopped out easily.
Xtrene Pip Poacher Credibility
In a live video recording Drew discusses the robot, showing it in action and how the robot made profit of $89k+ in 6 months on 194 real, live trades in one account and $8k+ in another in 2010.
Testimonials of beta testers: One, David Barnes, from London, claims that he has tested more than 500 systems and that he is currently using only one: Xtreme Pip Poacher.
How Does Xtreme Pip Poacher work?
XPP enters a trade based on price action, Moving Average (not sure which one), ATR and a custom indicator. It uses a 3 stage staggered stoploss and partial take profit at break-even. The average profit to loss ratio of this robot is 3:1 and the average drawdown is only 8%.
Other features of Xtreme Pip Poacher
- Installation and operation are very easy: It takes only 8 clicks to install and 12 minutes per day time for the trader to monitor the robot; the robot does the rest on auto-pilot.
- The robot operates in the EURUSD, USDJPY, GBPUSD and USDCHF currency pairs.
- Money management: It has a built-in money management system based on 2% risk of account balance.
- Minimum account size: As little as $100.
- The average profit to loss ratio of this robot is in excess of 3:1.
- Xtreme Pip Poacher automatically adapts to 4- / 5-digit price quotes and is adaptable to ECN brokers which allow partial close out.
- A unique feature of this robot is the fact that it monitors slippages, enabling the trader to monitor the execution success rate of a broker.
The Xtreme Pip Poacher Package
For the price of $77 you get the following:
- the XPP expert advisor (auto-installer)
- a 32 page PDF quick start guide
- Upsells:
- Elite Version, which gets updated parameters from a server on a monthly subscription basis.
- Advanced Version of XPP, by means of which additional currency pairs can be traded. - Guarantee:
60 day money back guarantee
My Xtreme Pip Poacher Test Results and Conclusion
Xtreme Pip Poacher is the reincarnation of a product that was previously called Robovore. I tested Robovore extensively, but it was much to complicated to install and overall it was simply not as profitable as advertised, In fact, it made an overall loss. Based on my own test results I wouldn’t recommend this product and would definitely suggest that you focus on one of the robots on my Top 5 list or subscribe to my weekly robot testing newsletter.
