Markus T.
They constantly preach sticking to the…
They constantly preach sticking to the process and “trust the data” on the backtest data is the motto that is repeated like a cult. The truth is, probably a lot of the good reviews here are in exchange for goodies that were created during calls for bonuses in exchange for reviews. The other truth is that the sect-like cult leads to ruin because the process is nothing more than a martingale strategy with which, sooner or later, you can only lose. While the above refers to POW BANKER EA, with Red Alert EA it is the case that only strategies with a “wide stoploss” are convincing, whereby there is often a poor risk to reward ratio of 7:1. You can imagine for yourself what this means when day X comes. Significant loss, whether with Banker or red alert, that is my experience. I am happy to be proven wrong, but I have found better alternatives with a positive RR ratio and I would no longer want to waste my time.
Response from POW - Progress Overcome WinJan 19, 2025
Hi Markus, Thank you for your feedback. We’re truly sorry to hear about your experience and want to address your concerns directly. First, to clarify: we have never offered incentives in exchange for reviews. Our approach has always been to rely on honest feedback—both positive and critical—to continuously improve our technology and strategies. Trust and authenticity are cornerstones of our reputation, and we would never compromise that by inflating reviews. Trading is inherently challenging, and we’ve always been upfront about that. Not everyone will succeed, but we’re confident that our tools and training provide a significant edge for traders who diligently follow the process. If you’d be willing, we’d love to assist you further. Joining the discussion in our Circle group would be a great way to start. This would allow us to review your accounts, backtests, and historical data to pinpoint any issues or areas for improvement. To clarify another point: our EA is not a martingale system. While it can operate that way if certain settings are applied, its true strength lies in its flexibility. You can see this in action by searching “darrenpow” on Myfxbook, where you’ll find a variety of portfolios. These include single-trade strategies, EMA/RSI-based strategies, and more complex setups using multiple points of confluence—showcasing the EA's adaptability to different trading styles. We’re here to help and would love the opportunity to work with you to get things back on track. Best regards, Team POW



