EA Review: VR Smart Grid

VR Smart Grid is a high risk Forex martingale expert advisor built to trade “grids of orders on financial instruments.” The system comes with multiple strategies and 7 different trading modes in an attempt to fit the trading style of many different clients. As is always the case when it comes to grid, or martingale trading, there are high levels of risk associated with these types of systems. They can produce large profits quickly, but they are also known for blowing accounts completely.

The software is owned and operated by Vladimir Pastushak, who is located in Russia. Vladimir runs “Trading-Go,” a website dedicated to his work with expert advisors, indicators and scripts. His website includes a forum and some blog articles as well, but it’s worth noting that the primary language is Russian. In order to get in touch with support, traders can leave a comment on the sales page or direct message Vladimir via his MQL5 profile.

VR Smart Grid Review

Unlike most products in the MQL5 marketplace, the VR Smart Grid comes with an extensive explanation about the robot, and what type of trading principles its overall strategy are based on. While it’s impressive that Vladimir is providing this information, it still isn’t overly clear as it is likely from a Russian translation.

That being said, the expert advisor “enters the market depending on the generated signal on the price chart.” So, the robot will monitor channels, in order to determine market movement and then enter the market after the rules pass through the additional filter of the CCI indicator. The system trades both for and against the trend, depending on the built-in principles of the system.

The vendor attempts to explain the grid approach, by telling us that the “EA works with a grid of orders with the ability to average orders not only with the whole bundle, but also to use partial averaging.” Personally, I find this quite vague, as I do the majority of the expert advisor explanation. I certainly commend Vladimir for doing his best, but I still don’t have a great grasp of how the expert advisor is supposed to operate on a daily basis. While the vendor attempts to provide information, he does end up like many of my other reviews, such as Raw FX, and Forex Robotron.

Robot Breakdown

• Type: Forex Robot
• Price: $150
• Strategy: Grid Martingale
• Timeframe: M1
• Pairs: Forex, Metals, Crypto

The VR Smart Grid EA is priced reasonably at $150 per license. The system was first released on March 27, 2018. Since, there have been multiple updates, with the last coming on December 3, 2018 to version 18.120. Considering the system is on version 18, it’s clear that the developer has put in multiple efforts upgrading the system over the past year.

Traders can also download a free demo, and join over 3800 traders that have downloaded the demo up until this point.

Performance Results

The vendor provides us with multiple images and videos of the VR Smart Grid robot, so we know how it looks on the chart, and how it’s meant to trade. There is also a hour-long video showing us the software actively being back tested.

The only thing missing, is some sort of live or demo test verified by Myfxbook or any other statement sharing service.

We did find a single Myfxbook trading account likely run by a client, which shows the system running from January 17th, 2019, until now. The account isn’t really doing much yet, as it’s showing a miniscule overall loss of -0.01%. The system can be traded on multiple pairs, but it looks like this trader is only utilizing it on the EURUSD, which is likely why there are very few trades, and very little action up until this point.

I certainly recommend following this trading account over time, because it will provide adequate insight into the grid trading EA.

Conclusion

It’s my belief that Vladimir Pastushak is a knowledgeable trader, and an effective coder, but that doesn’t mean I’m recommending his VR Smart Grid robot today. I appreciate the fact that this vendor put forth actual information about his service, and even provides an open source version with limitations for other coders to test and work with. Yet, there is really no short or long-term proof that this system is viable. In keeping that in mind, and the fact that this is a martingale-based system, we have to play it safe. The best course of action, is to keep monitoring the progress of this expert advisor, and seeing if it finds a way to profit in the client Myfxbook account provided here.

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