So right here we go once more. That is going to be a evaluation of my market prime revealed precisely 1 month in the past (verify it right here).
That is primarily to know what customers purchase, why customers purchase it. And, after all, the methods that customers purchase – are they good?
NB: My evaluation on this weblog submit could also be completely improper. I’ll recheck the highest 10 after one month.
Greatest loser of the earlier evaluation: Quantum Emperor MT5 that bumped right into a 70% drawdown in June.
Greatest promise on this evaluation: Everlasting Engine EA MT5 that has a 53-week sign.
| As of July 1st | As of June 1st |
|---|---|
| 1/ The Gold Reaper MT5 – unhealthy | 1st place retained (I marked it unhealthy) |
| 2/ Hercules AI – unhealthy | third place (I marked it unhealthy) |
| 3/ Manner To Stars MT5 – good with restrictions | |
| 4/ FT Gold Robotic MT5 – unhealthy | sixth (I marked it unhealthy) |
| 5/ Final Bot – unhealthy | |
| 6/ Everlasting Engine EA MT5 – good with restrictions | |
| 7/ Quantum Queen MT5 – unhealthy | |
| 8/ Quantum Emperor MT5 – unhealthy | 2nd place (I marked it unhealthy) |
| 9/ AI Gen XII EA – good | |
| 10/ Ai Multi Pattern MT5 – unhealthy |
Out of the highest, however nonetheless within the first web page: AI TradingVision GPX (4th), GoldPulse AI MT5 (eighth), Aura White Version MT5 (ninth), Commerce Assistant MT5 (tenth)
Under the primary web page: Silver Pulse AI (fifth)
Faraway from the market: GoldTrade Professional ICM (seventh)
1/ The Gold Reaper MT5
59 purchases within the final month (down from 166)
61 opinions (approx. 610 complete purchases)
Max income of the vendor approx. 325K USD
Execs:
– Buying and selling on Gold which is risky. It could be worthwhile in a short time, inside a number of months.
Cons:
– As I famous within the earlier evaluation, it’s a grid.
– One image, and it’ll fail eventually.
– Examine extra options within the earlier evaluation.
Conclusion: High stability was in April. So Might was unfavourable, June – optimistic (I forecasted a loss), however it’s nonetheless recovering from the Might loss. Apparently, one other technique from this vendor Goldtrade Professional ICM was within the seventh place within the earlier evaluation. It has been faraway from the market. It additionally traded Gold, and it was by no means clear how they differed. Anyway, unfavourable opinions are accumulating, so I feel the creator will take away the Gold Repear MT5 by the following evaluation.
2/ Hercules AI
69 purchases within the final month (up from 55)
10 opinions (approx. 100 complete purchases)
Max income of the vendor approx. 100K USD
Execs:
– Buying and selling on XAUUSD which is risky.
– 4 months buying and selling, every up.
Cons:
– One image.
– Algotrading property of the sign shouldn’t be 100%.
– It seems like a Martin in response to its historic check. No description of the technique. The creator mentions “martingale” twice within the description. If it’s not a Martin, why even point out it?
Conclusion: It could fail any time. I can not change my evaluation from unhealthy to good, as a result of I nonetheless don’t perceive its buying and selling precept. It very a lot seems like a Martin. Additionally, if you wish to assist the struggling technique and also you shut a few of its trades, why not use a device for that? Are you able to not shortly develop a easy device to shut in order that the algotrading property of the sign is at all times 100%? After which incorporate that logic into the technique and improve it? So it’s a query concerning the creating abilities of the creator.
3/ Manner To Stars MT5
58 purchases within the final month
10 opinions (approx. 100 complete purchases)
Max income of the vendor approx. 60K USD
Execs:
– A brand new one out there prime!
– Ought to I name the creator romantic due to the identify for an evening scalping technique?
– And nothing else in any respect.
Cons:
– I did a historic check. Guys, it’s a grid. Keep away. One commerce might destroy the account or cancel the revenue of a number of months.
– One image. Any technique that doesn’t have the diversification functionality of a minimum of 5 symbols is unhealthy. Diversification is all that issues.
– An evening scalping technique is by definition not very worthwhile. The sign is 100 USD and the min quantity 0.01, whereas it must be 1000 USD for that quantity. You’ll not commerce 0.1 quantity on your 1000 USD deposit, will you?
– The outline says it retains account of time zones and saving time adjustments. Why is that? To have the ability to commerce between 11pm and 1am with any dealer? However is it not the identical night time time for GBPUSD in any time zone?
Conclusion: I mark it good for very small deposits and really small earnings, on which you’ll have enjoyable with a Martin. Not appropriate for a deposit over 1000 USD due to its ridiculous risk-to-profit ratio.
4/ FT Gold Robotic MT5
90 purchases within the final month (up from 79)
49 opinions (approx. 490 complete purchases)
Max income of the vendor approx. 220K USD
Execs:
– Buying and selling on XAUUSD which is risky.
Cons:
– I ought to add to my earlier evaluation that it has properties which make no sense.
– The outline says: All positions are secured with Take Revenue, Cease Loss, Trailing Cease. Significantly, that is crucial it has after stating that it makes use of cutting-end applied sciences?
Conclusion: We all know {that a} good historic chart might run effectively for a time. Nevertheless it at all times fails. A fail is both a fail of your total account or a cancel of several-month revenue.
5/ Final Bot
9 purchases within the final month
9 opinions (approx. 90 complete purchases)
Max income of the vendor approx. 70K USD
Execs:
– Many symbols. Diversification is nice.
Cons:
– It’s a Martin technique. It retains growing the quantity, after which restarts the cycle.
– Apparently, the low-risk sign pulls trades of 0.16 quantity for 7000 GBP deposit (max must be 0.07). The vast majority of trades are for quantity 0.01 – 0.05.
Conclusion: Merely keep away.
6/ Everlasting Engine EA MT5
14 purchases within the final month
8 opinions (approx. 80 complete purchases)
Max income of the vendor approx. 48K USD
Execs:
– A brand new and second one out there prime from the identical creator!
Cons:
– It’s one other Martin technique from the identical creator with a straight-line historic check.
– Like the opposite technique, it has a ridiculous risk-to-profit ratio. Within the sign, it trades 0.1 quantity for 1000 USD deposit. Significantly? 3 trades with a drawdown of 100 (1000) pips make a 30% drawdown?
Conclusion: It’s not a method. It’s tossing a coin and see if it goes your means. It could fail any time. The sign runs for 53 weeks, was it so fortunate all this time? Good with restrictions.
7/ Quantum Queen MT5
29 purchases within the final month
4 opinions (approx. 40 complete purchases)
Max income of the vendor approx. 14K USD
Execs:
– Buying and selling Gold which is risky.
Cons:
– The creator appears to be printing comparable methods with out clarifying how they differ.
– No description of technique. Solely “meticously crafted” and “fine-tuned”. Why no sprint after which a touch by the best way?
Conclusion: The methods from this creator appear to be working for a while they usually fail. So he retains printing comparable stuff time and again.
8/ Quantum Emperor MT5
27 purchases within the final month (up from 24)
293 opinions (approx. 2930 complete purchases)
Max income of the vendor approx. 2.5M USD
Execs:
– Buying and selling Gold which is risky.
– That is the nice instance of how a silly technique might fail you. No description of the technique, 2.5M USD approx. gross sales revenue for the creator, and a 70% drawdown in June in your stay account. Go get drunk and overlook about it.
Cons:
– 70% drawdown in June.
Conclusion: Like I stated, the creator retains printing the identical methods that bump right into a 70% drawdown eventually.
9/ AI Gen XII EA
66 purchases within the final month
9 opinions (approx. 90 complete purchases)
Max income of the vendor approx. 45K USD
Execs:
– It makes use of the modern ATFNet methodology which is gaining reputation for time-series information forecasting.
– It trades Gold which is risky.
Cons:
– One image.
– Such a complicated forecasting system and just one image? I doubt that it truly implements the ATFNet strategy.
– A sign of 4 weeks. It trades 0.02 for a 500 USD deposit, whereas it must be a min of 0.01 for 1000 USD.
Conclusion: I mark it good as a result of it says it makes use of ATFNet, the most recent and most influential strategy for time-series forecasting. A sign ought to verify whether it is truly good after a minimum of 2 extra months.
10/ Ai Multi Pattern MT5
86 purchases within the final month
15 opinions (approx. 150 complete purchases)
Max income of the vendor approx. 60K USD
Execs:
– Can commerce totally different symbols and totally different timeframes.
Cons:
– It’s a good historic chart with a straigt line and every commerce worthwhile. It’s a rip-off.
– No sign.
Conclusion: It’s a rip-off meant to seduce inexperienced customers who suppose a pleasant historic chart is the way it will commerce sooner or later unknown interval.
