Auto Trader X Robot

Auto Trader X Robot made $1,093,926 in just 93 Days! This seems to be a tall claim. If Auto Trader X did make such a huge amount in a period of 3 months why not give some third party verification of this claim. You see in the last few years, so many tall claims have been made by forex robot vendors that many traders simply don’t believe those claims now. They take it with a pinch of salt.

No Investor Password Access For Auto Trader X Robot

The same applies to the Auto Trader X Robot claim that it made something like $1.1 million in a matter of 90 days. Duane Masterson is claiming that he was running the forex trading floor of a top Wall Street firm where he got the chance to copy their most sophisticated forex software developed by their quants onto his own hard drive. Now, he says that his EA made more than a million dollars for him in just 3 months. If this was true, he should have given the Investor Password Access to his Auto Trader X account, so that everyone could have really seen that that was the case.

Is Auto Trader X Robot Real Or A Scam?

Not a single time on the site, it has been suggested what is the core strategy behind this Auto Trader X EA. It has not been mentioned even once on the site, whether this is a scalper robot or a trend trading robot. Whatever, this makes us skeptical of the tall claims being made by Duane Masterson.

Testing Auto Trader X Robot

Make it your rule, never trust a robot unless you have tested it yourself thoroughly. Learning the skill of how to test a forex robot will help you unearth many real gems overtime. So, you must learn this skill of testing an expert advisor thoroughly. The best method to test this Auto Trader X Robot is to forward test it on your demo account for a period of one month. Since it comes with 60 days no questions asked money back guarantee, you can safely do that. If you feel satisfied with the forward testing results, you can trade live with this robot on a micro account with a deposit of $250. This way, you won’t be taking too much of a risk. If you don’t get good results with the Auto Trader X Robot, simply go for a refund.

1 Comment

  • anonymous

    August 4, 2011

    Paid for it then get a site with a text file to ‘download’ the ea wasnt even compiled its in MQL4 format and not that long. Here is the whole peice of shit
    Its a joke
    http://autotraderx.com/atxdlp28.html

    SCAM!!!

    extern double PercentRisk =5;
    extern int MagicNumber = 98827;
    extern int Slippage = 3;
    extern int stopLoss = 45;
    extern int takeProfit = 15;
    extern int ATRPeriod = 14;
    extern int ATRBorder = 12;
    extern int CCIPeriod = 14;
    double mPoint;
    bool UseNormalize1Double=false;
    double minLots,maxLots;

    int init()
    {

    if (MarketInfo(Symbol(),MODE_MINLOT)==0.1)
    UseNormalize1Double=true;
    minLots=MarketInfo(Symbol(),MODE_MINLOT);
    maxLots=MarketInfo(Symbol(),MODE_MAXLOT);

    if (Digits == 5) mPoint = 10.0 * Point; else mPoint = Point;
    return (0);
    }

    int deinit()
    {
    return (0);
    }

    int start()
    {

    if (GetOpenTradeNumber() > 0)
    return (0);
    // auto adjust the lots based on the account balance

    OpenBuyOrder();
    OpenSellOrder();

    return (0);
    }

    int GetOpenTradeNumber()
    {
    int aux = 0;
    for (int i = OrdersTotal() – 1; i >= 0; i–)
    {
    OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
    if (OrderMagicNumber() == MagicNumber && OrderSymbol() == Symbol() && ( OrderType() == OP_BUY ||OrderType() == OP_SELL ) ) {
    aux++;
    }
    }
    return (aux);
    }

    void OpenBuyOrder()
    {
    int TIC;

    if (openBuyPosition())
    {
    if (iATR(NULL, 0 , ATRPeriod, 0) > ATRBorder/1000)
    {
    TIC = OrderSend(Symbol(), OP_BUY, GetOptimizedLots(), Ask, Slippage, Ask – stopLoss *mPoint, Ask + takeProfit * mPoint, “”, MagicNumber, 0, Gold);
    }
    }
    }

    void OpenSellOrder()
    {
    int TIC;
    if (openSellPosition())
    {
    if (iATR(NULL, 0, ATRPeriod, 0) > ATRBorder/1000)
    {
    TIC = OrderSend(Symbol(), OP_SELL, GetOptimizedLots(), Bid, Slippage, Bid + stopLoss * mPoint, Bid – takeProfit * mPoint, “”, MagicNumber, 0, Gold);
    }
    }
    }

    bool openBuyPosition()
    {
    double CurrentATR = iATR(NULL, 0, ATRPeriod, 0);
    if (CurrentATR > ATRBorder/1000 )
    {
    if (iCCI(NULL, 0, CCIPeriod, PRICE_CLOSE, 0) = 23.0)
    return(false);
    double Sar = iSAR(NULL, 0, 0.02, 0.1, 1);
    if (Sar > Ask)
    return(false);
    if (iSAR(NULL, 0, 0.03, 0.3, 1) ATRBorder/1000)
    {
    if (iCCI(NULL, 0, CCIPeriod, PRICE_CLOSE, 0) > 0.0)
    return(false);
    }

    if (iStochastic(NULL, 0, 3, 3, 1, MODE_SMA, 0, MODE_MAIN, 0) <= 66.0)
    return(false);
    double Sar = iSAR(NULL, 0, 0.04, 0.4, 0);
    if (Sar = Sar)
    return(false);
    return (true);
    }

    double GetOptimizedLots()
    {
    double lots;
    double RiskPerAverage=(AccountEquity()*PercentRisk)/100/(stopLoss); //2,0
    if ((MarketInfo(Symbol(),MODE_LOTSIZE))==100000)
    lots=(RiskPerAverage*0.10);//0,2
    if ((MarketInfo(Symbol(),MODE_LOTSIZE))==10000)
    lots=(RiskPerAverage*1.00);//0,2
    if (UseNormalize1Double)
    lots=NormalizeDouble(lots,1); // faz um arrendodamento
    return(lots);
    }

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