They say 4xATM is coming to help you go over the European Crisis but I would say is just another EA. In order to prove this one check below what I found.
4xATM team, and I think Alex Polenco is behind them, think that to overcome this market we need a strong strategy that doesn't scalp and has an excellent trade / risk management system. Since 20% of a trading system is the strategy, the remaining 80% is most important, the trade and risk management. Not sure if Alex Polenko is a Russian trader who depends on Forex for his income, but who knows.
OK, back to 4X ATM, it trades non EURO pairs like USDCAD, AUDUSD, AUDCAD, and USDJPY. Money management, dynamic trade management, and preventive measures against nasty brokers (stop loss hunting prevention) could be all inside that EA, but I did not see the real proof anywhere. For me real proof means live acccess to live account where I can be sure that is a real account indeed, not just some html file with data. One red flag in here for me is: Why will you sell a $137 EA if you made more then 9 million dollars from it? It will consume you more time to sell it then profit from that. Better to stay smart on this and just wait for some official tests on that.
PRODUCT DETAILS
Main product: 4X ATM Forex Robot For USD/CAD H1 And M15 - Price: $137
Optional 1: 4X ATM Forex Robot For AUD/CAD H1 And M15 - Price: $137 ( OTO Discount: $97 )
Optional 2: 4X ATM Forex Robot For AUD/USD H1 And M15 - Price: $137 ( OTO Discount: $97 )
Optional 3: 4X ATM Forex Robot For USD/JPY H1 And M15 - Price: $137 ( OTO Discount: $97 )
TimeFrames: H1 and M15 timeframes.
Strategy: 4X ATM is built upon special combination of Moving Averages, Parabolic SAR, and some Price Action.
I think it checks H1 for confirmation before entering on M15.
Pro:
Automated
Non Eur pairs
Money Management
Risk Control
Free VPS for one month
30% cash deposit on some broker
60 day money back guarantee
Cons:
No real Proof - only hidden info
Price is ok for one pair - but too much for 4 pairs
I would say if you are starting in EAs you could go ahead and buy it - since it has 60 day money back guarantee and give it a try - but definetly first on a demo account for the 30 days at least
