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Grid trend multiplier is a new Forex trading tool it’s built to make it easier for traders with little experience. This software uses a hedging approach to help traders cash and profitably on price movement regardless of the direction it’s going and.
Today I’ll be informing the Forex robot nation community about the viability of this product and whether or not it has what it takes.
Grid Trend Multiplier Review
The grid trend multiplier is a fully automated software. This Forex robot is developed by Alex du Plooy. Alex believes that by utilizing a specific strategy called the multiplier effect his robot has the ability to cash in anywhere from 50 to 300 pips per day. The system does not work directly out-of-the-box. Traders will have to make multiple decisions and how they would like the software to approach the market. Traders have to decide between a single direction approach or nondirectional approach, this is an exactly explained in much detail so it’s hard for me to understand what this means. Traders also of the decision to trade manually or let the system trade automatically.
Despite a plethora of information the Grid trend multiplier website has no results whatsoever. Considering this software can be traded as a robot it is very odd to me as to why they don’t have any results at all. We can see a couple of back tests and it equity chart from a different expert advisor. None of these elements provide me with the confidence or information I need in order to make the right decision here. I’ve seen multiple systems being released by this developer and none of them have the results I require to be successful.
I do not recommend the Grid trend multiplier because they don’t have my FX book account or even full back tests for us to see. I appreciate that Alex is trying new things but he should still put a premium on trading results because that’s what’s important to the community. If you have something you would like to add to this review please leave your questions and concerns below the article now. I appreciate the time you spent your Forex robot nation and hope that you look around the rest of the website to see what’s working for me and the talented readers. Have a wonderful day, and do whatever you can to win.
im regretting purchasing this ea
Sorry to hear that, is it not performing as you expected?
Hi. I bought this EA a few weeks back & have been testing ever since. Account killer..!!. I don’t know why I ended up buying this EA.. first time impulse I guess. but I learnt a lot from it. In back testing it gives good results but then at the end of reaching the profit target the systems remaining non cashed transactions make your account go in to negative balance. Every time I tried a different approach it did the same thing. So it sounds great but an account killer…!!! Don’t even think of buying any EA system with out trying it out. The odd thing we traders never think of is that if these EA’s actually worked then why do these seller sell the EA’s..?? they could be racking ton’s of money..!!!??? It’s because they don’t actually work. That’s the bottom line. I was stupid in thinking these can work. Non-sense…Period!!!!!!!
HI,
I found your feedback very useful. My only point is does the EA takes profit on correction. If it’s a loss maker then could it be due to grid size or lot management?
Thanks
Muhammad