Logan MT5

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Hopefully there will be no bad entries after the updates. Will update feedback after a couple of weeks.

Logan took entires and set TP for just 30 Pips - 35 Pips. But sometimes the SL is too wider. It completely wiped the profit in 1 entries. Even basic trader could know there is a reversal happend but Logan is not identify it quickly and reacted late which end with huge loss (-34$) I started with $50 and there is a 12 Wins and 4 Losses. When compare the profit it is -$19 because the profit comes like tortoise ($3 - $4) and Loss goes like rabbit ($30 - $40) If this continue, then there is no use of using the EA and it's completely waste of time. Now updated to the Logan v3.14 let see how it works..

I rented this EA for one month but stopped using it after the first week. On the very first day, the EA entered a significant drawdown that already exceeded the levels shown in the backtests. Although it eventually recovered, it was soon caught in another major drawdown. This episode appears to have wiped out the author’s extreme-risk account and triggered all recommended stop-loss levels. It may also explain why the original three live signals are no longer available on the marketplace. Between 1 and 20 August alone, the author released 20 updates. Combined with drawdowns that were not reflected in the backtests, this raises serious concerns that the strategy is heavily over-optimised. The backtests may therefore look attractive, but in my view they do not appear to represent the strategy’s real-world risk or robustness. I would expect similar failures to recur in future market conditions. The frequency of changes also made me feel more like a beta tester than a customer using a finished and properly validated product. Finally, I was not aware when renting the EA that the author had not developed it independently, but had purchased the source code of the NeonGamer EA. In light of this, the ongoing pattern of large drawdowns followed by repeated updates and apparent AI-based optimisation is particularly concerning. Overall, I cannot recommend this EA based on my experience.

Losses are simply part of grid strategies. It is completely normal for a grid system to lose from time to time, and when it does, the losses can be significant. This applies to every grid system, not just Logan. What I really appreciate about Logan, however, is the developer behind it. He is constantly working on improvements, actively listens to feedback and ideas from the community, and implements changes extremely quickly. You can clearly see that he did not simply release an EA and leave it as it is. He genuinely wants to build a strong EA and continuously improve it over time. That level of commitment, community interaction, and ongoing development deserves 5 stars from me

This EA wiped out my account today. It was doing well for a week and then when XAUUSD surged 1520 points today, EA had multiple sell orders causing account blow up.

For the first two weeks after I bought it, it performed very steadily, earning me $300. The author also continuously updated the news filter. However, all grid strategies have an unpredictable potential risk: sudden events. In the past, it was crude oil; now it's US Treasury yields. These sudden events can wipe out your position overnight. My 80% stop-loss was still broken. I not only gave back all my profits but also lost $1,500 of my principal. The author first removed his "extreme" signal, and later other high-risk signals were also removed. I took screenshots and posted them in the comments section, hoping that everyone will not waste their money on grid strategies. Making money is the process; losing money is the result. Losing money is a small matter; it's not worth spending energy proving something is wrong. I've already tried it for you.

If you use this EA, you will eventually blow your account. I lost 30% of my capital last week, and another 30% today—all while using the default settings. Don't trust the author's trading signals; even the settings used for those signals involve very low risk. Don't gamble your capital on this high-risk EA!

My first EA and first 2 weeks, more than satisfied, all trades in profit. The dev answered all my questions and is very active within the community.

backtests look excellent and first few days trading follows that up.

Update; a few weeks in and the excellent performance continues!

Running this on a cent account with "Extreme" risk, and I'm satisfied with how it behaves. Anyone considering it should understand what they're buying. This is a grid system, so floating drawdown is the mechanism, not a malfunction — the strategy holds an open basket until price comes back. In my experience so far the baskets have recovered without me having to sit on a deep DD for long. I don't assume that's permanent. Sooner or later there will be a basket that takes much longer to close, and I've sized the account on that assumption rather than on the results I've had. Anyone buying this should do the same. What I judge it on is whether it does what it says and whether it's engineered to last. So far: no blown account, the recovery logic works, exposure stays inside what the settings promise, and the vendor is upfront about the method. The risk presets are meaningful — "low risk" here still means grid risk, so size the account accordingly and treat the whole deposit as money you can afford to lose. My own approach, for whatever it's worth: keep the account small relative to everything else, withdraw regularly rather than letting profit sit as collateral, and don't judge a grid over a few days. A short window tells you very little about a system whose profit profile is decided by how it handles the rare deep recoveries. Not immune to a fat tail — nothing in this category is, and anyone claiming otherwise is lying. But there's a real difference between a grid that was thrown together and one that's been hardened, and this reads like the latter.

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First of all, I would like to thank the developer for his professionalism and honesty — something that is quite rare on MQL5 — and for the kind way he treats his clients. He is always concerned about improving the product and making it safer, especially given the high volatility of the Gold market. Secondly, I would like to mention that in less than two weeks of trading with Logan, I have already been able to recover the cost of my investment in this EA, even while using a very conservative setup such as 0.01/4,000. I am truly impressed by the way Logan manages its Grid structure, which provides a great sense of security for the trader. I would also like to emphasize to anyone reading this that any Grid trading carries additional risks compared to other trading strategies. So, don't be misled into thinking that you can achieve quick profits with a small amount of capital. Risk management is far more important than making profits.

If you like gambling buy it. It´s a very dangerous martingale EA with big Drawdown. I used it on Low-Med Risk only for a few days and I´m now hanging in a big DD. When I survive it,I will stop using this EA. You can find the screenshots in the comments.

I started using logan mt5 ea last week and was very impressed with the results but today the ea opened 3 sell trades all in losing positions. Then cut the trades off reversing all the gains before today now i am back where i started.

I used LOGAN for 3 days last week and am extremely satisfied with its top-tier performance. It has been able to generate profits more stably than any EA I have used before. It generated 3.4% over 3 days on MID-HIGH settings, I plan to report on its future performance again soon.

On my "Logan" account, tracked since July 17, 2026: +8.73% gains in under a month, with steady growth on the equity curve. Drawdown kept in check at 10.83%. 47 trades for 0.52 lots, a reasonable frequency with no overtrading. A reliable, consistent EA over this period.

Logan is incredible calculate and thought out EA! Thierry has put in so much work that we can see the results, every trade he imroved something! I tested this EA and it survived 80 point move with only 4%DD and 3 positions while most Grid WILL blow up or hit DD! Absolutely love waking up with profits from Logan! Thank you Thierry!

I've been using Logan for a few weeks now and it is very impressive. Highly recommended based on the trades taken so far, bare in mind also that end of July and August there is much less volume in the market

I’ve been using Logan for a few weeks now and I’m genuinely impressed. It’s been running smoothly, the performance has been solid, and the developer is always active on Discord, answering questions—sometimes in less than a minute. He’s constantly improving the bot with frequent updates every week, and he shares useful tips with a great community of dedicated members several times a day. Out of all my investments, I honestly never expected this bot to outperform them all, but so far it has. Definitely one of the best values I’ve seen. Highly recommended!