Does this work with 5-digit brokers? Look at the massive recent dip - definitely martingale, probably grid+martingale. Beware, this system works (search for GridMeUp here at myfxbook) but you have to use very small trade sizes relative to account size, like .01lots per $10K unless you are a gambler, because it inevitably hits deep drawdown and you have to have the equity (and the stomach) to float a huge pip loss. I was trading GridMeUp with .01 per $2K and it hit a drawdown period (martingale multiplies additional trades, against the trend, so digs deep) that cut into my equity by 25% (-5000 pips and it would have gone to 40% if I hadn't closed the trades and regrouped). I personally don't like this strategy. If the market makes a serious correction, it can literally wipe you out. Just my experience.
It does not need to love this strategy. Here the author does not love has already withdrawn $ 60,000. You can then continue to write and play and I believe I do not believe. And soon the owner of the adviser will earn 100 000 $. I hope soon to see this amount. 😄 Good luck!
The EA owner himself is trading with 'VIP-EA Real (USD), GrandCapital, Technical, Automated, 1:100' as it shows on the top of this full report here on Myfxbook. Not sure why he is promoting Instaforex and Alpari. Also I did chat with person and seems to be typical Russian, who is not confortable is reveling any information and ignores other. So, if any one has tried this EA on live account and is doing good, could you please post the results ? regards
I have This EA , it looks its working , i am planning to share it free , anyone interested PM Me ALL FREE this is a forward test runs by this EA . the account belongs to MB6226 member of auto trading . thanks to Him mt4i.com/users/mb6226_vip/stats