We’d like you to read a review of 1000pipBuilder. We know 1000pipClimber. It seems this service is connected with it. From the main statement, we know that this service provides Trusted Forex Signals.
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1000pipBuilder Features
Let’s talk about these signal service features:
- The service has a five-star rate. It’s a lie.
- Signals quality is verified by myfxbook.
- They provide reliable signals from an experienced trader.
- An average trade frequency is from 2 to up to 7 signals daily.
- The expected monthly profits are 350 pips.
- The signals support fifteen currency pairs.
- They are delivered via email, Telegram, and SMS.
- They include Entry Price, Stop Loss, and Take Profit levels.
- Signals are delivered 24/5.
- Asian, US, and European sessions are the key ones for generating signals.
- They’re execution orders.
- There’s an easy step-by-step guide.
- The company provides extended support.
Pricing
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Having clicked on it, we’ve found ourselves on the next page:
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It’s a 100% scam. The vendor will be spamming us forever.
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There are three packages: one-month, three-month, and annual packages. The one-month pack costs $97. The three-month pack costs $227. The annual pack with the flash sale (57% of the discount) costs $497. It should be over in January, but it’s still available.
There’s no money-back guarantee provided.
How it works
Working with signals is very simple:
- We have to receive signals.
- We have to create an order with the proper parameters.
- That’s it.
Trading Strategy
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The system uses three strategies to spot a trade:
- It focuses on finding and trading trends, using technical and fundamental analysis.
- The short and medium-term range works based on calculation support and resistance levels.
- Momentum riding allows getting significant profits from different triggers.
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This chart is introduced as proof of obtaining 6500 pips. Of course, it’s a lie without data.
Trading Results
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The robot ran a demo USD account on IC Markets using technical indicators from the MetaTrader 4 platform. The leverage was 1:500. The account didn’t have a verified track record, so there could be removed part of the trading experience. It was created on June 12, 2019, and funded at $3000. Since then, the absolute gain has become +87.86%. An average monthly gain was 8.61%. The maximum drawdown was 29.93%.
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The robot closed 534 deals with 1935 pips. An average win was 28.931 pips when an average loss was -28.31 pips. The win-rate was 54% for Longs and 57% for Shorts. An average trade length was one day. The Profit Factor was 1.21.
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The robot worked with six symbols: AUD/USD, EUR/JPY, EUR/USD, USD/CAD, USD/CHF, and USD/JPY. The most profitable and the most traded was USD/JPY – 285 deals and 1283.05 pips.
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The robot traded unpredictably, but mostly focusing on the European trading session.
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Thursday was the most frequently-traded day (156 deals).
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The account was run with a medium risk to the account balance.
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The list of closed trades is hidden from clients.
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The robot has never been stable and predictable software.
Customer Reviews
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The site includes much feedback. All of this is faceless fake.
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More than half of these mentions are fake. We checked the Investing site. There’s nothing about this service.
Other notes
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We’ve got another no-name person with extended live and trading experience who in 2021 has no social network profiles. We’re not sure this Bob James exists.