Grid King MT4 / MT5 Expert Advisor online reviews

TFK

Forex High School Teen
Their rating used to be higher. They changed it, after their account was blown. 3000 Eur gone.

Their opinion:
The backtests are showing an impressive picture. However, most live accounts seem to struggle in the current market conditions. Even with the lowest risk settings, this EA can produce a drawdown of over 1.500€ for a single basket that end up in a stop loss. In case of 2-3 stop losses in a row, this strategy would need a deposit of over 5.000€. Update: After seeing multiple accounts crashing to -99% within a short period of time, we recommend that you be cautious about this strategy.
 

Golfer

Forex Spellbinder
I wonder how they tested Grid King for this test.
In a way, it's the multiple simultaneous pairs that give Grid King its natural environment - which can work as a blessing or a curse.
What I see here is a series of individual tests per currency pairs. Also valid results, but I would still trust the diaries in this forum to provide a better test than this.
 
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TFK

Forex High School Teen
I wonder how they tested Grid King for this test.
In a way, it's the multiple simultaneous pairs that give Grid King its natural environment - which can work as a blessing or a curse.
What I see here is a series of individual tests per currency pairs. Also valid results, but I would still trust the diaries in this forum to provide a better test than this.
At first they were so impressed by the backtests, that they started a live account. Start balance of 3000 EUR.

myfxbook:

29 pairs:
331
 

Bactrader

Forex Grade Schooler

I Scream

Currently attending Forex kindergarden
Maybe we should write our own Grid King review :)
I think the Grid King Trading diaries are even better than a review ;):

 

whisquer

Forex Spellbinder

Corny

Forex Grad
A 3k account in my view is insufficient to run GK (unfortunately), it may be OK for 1 pair but if you run all pairs on that amount, even at ultra conservative grid step %, you could be asking for trouble.
Completely agree with you on this...3k for all the pairs is simply crazy!!!! If you have 5 or 6 pairs turn against you.....that's it!! Those 3k will not hold.
 
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