Forex Trading Robot Dave Review Does Robot Dave Really Work

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Forex Trading Robot Dave Review: Does Robot Dave Really Work?

Forex Trading Robot Dave Review: Is this Bot Safe or Scam? Dave Robot is a relatively Forex EA that claims to be the best forex trading robot. It promises to generate consistent income regardless of the current market conditions. They claim Forex Trading Robot DAVE is a professional trading bot that aims for steady growth in your trading account.

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How Does Robot Dave Work?:

Dave Robot runs on the MT4 and MT5 platforms. It is supposedly a profitable ea forex that scours the market 24 hours a day, whenever the market is open with an aggressive scalping strategy which focuses on trade frequency. There isn’t much information on their sales page on how this Robot works. Also, we couldn’t reach the customer care because there is no provision for customer support on their page. However, after going through their page, we gathered the following information about Dave Forex Robot;

Robot Details

  • Type: Forex Robot
  • Price: $97
  • Strategy: Scalping
  • Timeframe: Any
  • Pairs: Any
  • Website: bestforextradingrobotea.com

The Robot Dave has two versions; that for MT4 and that for MT5. Traders can choose and purchase the version they are compatible with.

Is Forex Trading Robot Dave Trustworthy FOREX EA?:

The answer is NO. There are some loopholes here and there. This vendor is answerable to some questions. First and foremost, the web page lacks substantial information about the strategies the Bot employs. Also, the vendor doesn’t provide any verified trading results, or long-term trading statements. The only results provided are a couple of screenshots, and some YouTube videos that doesn’t say much. Another reason why we are skeptical about this robot is as a result of negative client reviews.

Conclusion:

Though this EA is sold for a low price, from the information we gathered still isn’t worth the money.

MasterMoneyBot.com Review Visit site

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Consumer Reviews

My First reaction to his Master Money Bot is WOW. Such a fantastic money management tool ever! that could double ot triple ur account every month if you have atleast 60% winning system with good Risk Reward.

Also David is really helpful answered all my question’s answer in detail. such a nice guy..

I can echo many of the previous positive comments. I purchased the Master Money Bot Trade Panel a couple of weeks ago and it really does take a lot of guesswork out of positioning lot sizes as well as ensure you are using the enhanced money management features of Master Money Bot.

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David has been extremely helpful and responsive when I have had any questions.

I´ve just bought Master Money and so far the support has been superb (much beyond any other support I have experienced with any other Forex tools developers). Dave is a real guy, very supportive and I got my emails and Chat answered in less than 10 minutes. I caht today with him for more than 3h to fix a problem I had created, and he took all this time to help me.
His platform is quick, the price is more than fair and I can only say that in these 5 years trading Forex, this is the first time I really get surpised by a developer/seller

Any serious FOREX trader (in MT4) should give it a try, at least

ForexRobotTrader.com Review Visit site

Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Steinitz HAS MTF -0.85 67.7 -43.794
Fractal Pterodactyl Robot -4.97 17.2 -58.406

Performance results may be delayed. Please click the test to see detailed current report.

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Consumer Reviews

Service use: Demo

Length of use: 0-3 Months

I do not recommend buying any EA from them.

I’ve bought Vader from them and tried it for 3 months on demo. Thankfully it is just a demo and not real money.

Performance was terrible. I see many successful trades $0.50 – $2.50. But the losses were $10 – $100. That is just pathetic.

Either you balance out in or mainly loss overall.

You are better of with Free EAs in MT4 market. I have several free EAs from MT4 market on my other demo account, and they are making more successful trades and profits than this stupid Vader.

Other profitable ones are Zulutrade. I find Zulutrades on my demo made $20k on demo better than this stupid Vader.

Vader is just junk. Do not buy from FRT. Their EA is c***.

Service use: Demo

Length of use: 0-3 Months

I didnt pay attention to the bad reviews about Odin because I was happy with a free robot they give out on their website. It turned out to be a free robot being worked on elsewhere. Odin is a terrible choice. It loses money all the time. If there is a setting to make it work, Customer service wont tell you other than just use the default option, which doesnt work either.

When i complained, they recommended me to buy another Ea from them to make Odin work. When I complained, they blocked me from sending the further emails.

I also tried their Volatility Channel, which doesnt work either.

Service use: Live

Length of use: 3-6 Months

i do buy odin software in june this year. i learned after you get 4 total demo and 1 live so you need to be understanding that first! the reasons is that they will make you buy “extra license” for second live account so make sure before you license any! it do perform well enough in demo that i go live in august with live micros. on november 1 2020 the live account had growth of 32% increase from live start time. so i change from micro live to full lot live today and add more deposit and i can not wait! very excited for it

support i get was good but can be slow and they do help me when they can! but really i feel this is the most important part: is the broker! without this good reliable broker all software and strategies do not probably work. but i am excellently trading now and feel very happy for the future!

Service use: Live

Length of use: 0-3 Months

Service use: Demo

Length of use: 0-3 Months

Hola,
Estoy probando a ODIN y a pTherodactyl, pero por ahora solo he visto pérdidas, ya tengo un caso en curso 6907, pero hasta ahora solo me solicitaron el historial del robot. esperando respuestas.

_________________
HI,
Im testing ODIN and pTherodactyl Robots, but for now im only see looooses!! i got a case on course: 6907, but for now the FRT team only I have been asked for a account report , Waiting responses.

Im testing with 22 pairs.

Service use: Live

Length of use: 0-3 Months

i was using this and some eas from the mt4 store in the same account. don’s crew helped me understand details about hedging rules in my country. because i had multiple eas attached on same pairs i was getting fifo errors and blockeds on my oanda live account.

honestly without his support i would have failed somewhere down the road because i w as also over trading my balance too. i can only get small leverage where i am and was pushing the bounds of margin calls just by having so many open trades running. again this was my fault.

i am only on micro live right now and i have since isolated his eas from the other $30 eas i got on the mt store. so far his eas have been closing in the net profit for over 30 days which is exactly what the heck i needed! happy with product as delivered and apologies for screaming at his support crew originally :)

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

I want to break this down into facts mostly if possible. My info:

1. I only own Reaper and HAS
2. I use Forex.com which was previously Gain Capital or still is Gain Capital, no idea
3. Running on a $20.00 VPS plan from amazon light sail
4. M15 for both

Defaults were ok, but kind of middle ground. HAS was promising but floated sometimes. After some tweaks to Reaper I may have found my new go to robot:

1. Still m15
2. Only London hours, skip everything outside of it
3. This is where it gets confusing. Reaper has this hide stop loss feature enabled by default. So there is an sl but it isn’t shown on the order info in the terminal. So I have it set to hide and calculate using its ATR method. Then I set a manual static stop loss on the order itself of exactly 45 pips. Sometimes the SL Reaper calculates is higher than 45 pips and this can lead to big losses. But with my manual 45 pip hard lock it never gets to that point. And in most cases the SL reaper is calculating is less than 45 pips and actually almost perfect money management wise because it tailors to the pair!
4. No HAS running anymore for now but I am going to try and tweak it as well as it was promising on the defaults

using the modified settings I have grown the account almost $500 in roughly 6 weeks. I’m not going to get too excited but this is incredibly promising and what I was looking for

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