FX SUMO Diversified Portfolio

Paid subscription fee for 4 months, down about 15% in that time. Steady drawdown throughout.

全靠死扛为主，技术一般。

It's an excellent signal. The negative reviews are all on much smaller accounts. The author makes it very clear what the risks are in smaller accounts and made an Excel to detail it.

Great signal and Great Trader

2023.07.22 update after 26 months of using the signal

On the top on my below two reviews (read them below in this review):

1. Signal authors continue increasing signal safety not through size of grid based EAs but by adding additional EAs and continuously monitoring its performance and improving it by removing any under-performing EA.

All the changes are regularly described in the document Regular Self-evaluation and updates about the Signal available in PDF, published on author Signal channel.

2. You should have a balance as close as possible to the signal balance but, if you plan to follow the signal with less balance or different leverage then signal (by that increasing the risk), then you MUST do your homework regarding the risk before subscribing by studying:

- Regular Self-evaluation and updates about the Signal available in PDF (including risk analysis….) – available on Signal FX SUMO Diversified Portfolio group

- Excel document – Simulation of the risk based on planned balance - available on Signal FX SUMO Diversified Portfolio group

- Discussion on Signal FX SUMO Diversified Portfolio group

- By PM to signal authors.

For the summary I will just repeat what I stated two years ago: “Having in mind the average growth per month and approach to address the risk, safety of the signal in my opinion this signal is the best signal on MQL5.”

2022 09 18 review after 15 months of using the signal

On the top on my previous review 2022 02 03 (read it below), in the last months there were two type of events on the signal because of which I even more like this signal:

1. Few times some of the individual strategies positions were closed manually by signal owners as they were identified that they could endanger whole signal. In the big picture those closed positions were small part of the signal, but closing them, added even more on a security of the signal.

2. Some of the EAs, part of the signal and working on a breakout strategy, were generating similar losses to gains for few weeks... My emotional reaction (also some other subscribers), was that they are not working on current market…. Signal owners added in their signal report statistics of the EAs working on a breakout strategies, showing in details that their behaviour was not different than it was expected and kept them in the signal. Their response was analytical and with that approach is easier for them to identify good/bad performing EAs and which of them to be included (or to be removed) in the signal. I assume that if they would find out that some EAs are not performing as expected those EAs would be removed from the signal.

Summary: During my subscription signal is taking care of the risk (capital preservation) and providing growth. I will repeat what I stated in my previous review: “Having in mind the average growth per month and approach to address the risk, safety of the signal in my opinion this signal is one of the best signals on MQL5.”

2022 02 03 rewiev after 8 months of using the signal

Im copying the signal to Demo account and then via FxBlue to my Real account.

What I really like is how this signal is addressing the risk:

- As Diversified by 60+ EAs running under the signal and consequently open positions are small -> individual positions are less dangerous to overall signal.

- If position goes to the wrong direction signal is not afraid to trigger SL and closed it.

Having in mind the average growth per month and above approach to address the risk, safety of the signal in my opinion this signal is one of the best signals on MQL5.

Dont make yourself happy to see 500% plus return !

here are the Stats:

Started on 29th March 2023. with $2500 Account + 35$ a month fees + 15$/Month VPS !

From 29th March till now 14h July 2023! total gain 6.65% : ( $ 163.22 ) PROFIT

From 29th March till 14th July Fees paid to Signal Provider : ( $175 $ ) Signal Fee

From 29th March till 14th July VPS fees : ($ 59.96 ) VPS Fee

Balance on account Today is $ 2684.00 and Equity $ 1959.67

what in the world this? huh ! i've paid vps and fees from the pocket and every day the equity is getting down and down! i cant wait till the account got busted! i'm going to Unsub this useless signal! this is a waste of money and time!

Total loss: $ 775.29 ( VPs + Signal Fees + the money lost in equity to balance ) !

Review : 0 review not even 1 star!

Sur son canal Telegram, Sandis fournit un travail d'analyse et d'amélioration continue de son signal ultra poussé que je n'ai jamais vu ailleurs ! Bravo pour ça.

Pour les investisseurs, attention si vous suivez (comme moi) avec un capital inférieur au signal le risque de drawdown est multiplié, il faut bien garder ça en tête.

Ceci dit le groupement de stratégies variées est une assurance pour la fiabilité du signal sur le long terme, à ce jour FX SUMO est le seul signal que je continue à suivre sur MQL5.

Merci Sandis ;-)

This is excellent. Impressive results and risk control. Great communication from Sandis. Just ask anything if you’re not sure and he would give a detailed and comprehensive response. Very responsible and professional.

Der Benutzer hat keinen Kommentar hinterlassen

It was a like 2 steps forward and 3 steps back.

I wasted subscription fees and time for half a year, and my assets slightly decreased.

It is not worth joining Telegram, which is made up of authors and their followers.

Finally a reliable signal on mql5.

I have tested lots of signals and believe this to be the best allrounder signal there is on MQL5, if you don't want to have any hassle and are looking for a very balanced truly set and forget signal. The only downside is that you should have a balance as close as possible to the signal balance, I believe copying this with 3k accounts would be a mistake.

Constant self-evaluation, impressive diversification, while at the same time generating profit with comparatively low risk

2023.08.23 update: I maintain my positive opinion towards the signal. I further add that you need a balance close to or more than the signal's to achieve similar results and drawdown percentages.

Ich abonniere das Signal bereits seit 3 Montanen. Die Performance ist so wie ich diese anhand der Beschreibung und anderen kommentaren erwartet habe gut und stabil. Es handel sich um ein Signal mit sehr vielen EA's, die verschiedenen Strategien handeln. In der Telegramm-Gruppe gibt es regelmäßig einen Report über die Performance der EA's und des Portfolios. Das Signal ist nicht zuletzt wegen der moderaten monatlichen Gewinnen (gehört zu der gewünschten Strategie) für langfristigorientierte Anelger geeignet. Durch die große Deversifikation wird der Risk eines totalen Ausfalls stark minimiert. Ich bleibe mit einem Teil meines Geldes dabei.

update 25.07.2023 Nach wie vor sehr gutes signal mit moderaten, kontinuierlichen Gewinnen und niedrigem DD

Update 22 October 2022: Can only re-iterate what I already wrote below. Have been subscribed now over 4 months and the way this signal handles risk/reward is outstanding.

I am in no way connected to the signal owner but can highly recommend this signal for investor-type subscribers. This signal will be not be volatile enough for gambler-type subscribers.

One more thing - the apparent 'low signal stability' is not something I can relate to. On my account all signals are copied 100% accurately with little or no slippage. Just checked today to see that also the backlog of open trades matches 100%.

09 September 2022: I have been subscribing to this signal for around 12 weeks now, enough time for a real review. After having spent a lot of time trawling through signals on MQL5 - and before that EAs - I have discarded many due to their inherent risk, so I was happy when I came across Sumo. I have been VERY pleased with the overall risk in this signal, due to the low risk per trade and high volume of trades, I dare say this is one of the least risky signals I have seen here.

As for the reward side, I have been subscribing in a period that has been described as a hard period for the signal. I am very pleased to see that the signal has been profitable and very safe during what is perceived to be a difficult time. My own experience is however, that my reception of the signal has been substantially more profitable than the original signal itself. This is because I have had it linked to only a EUR 5,000 account so all trades not being 0.01 lot size have been reduced in size. Consequently, I have seen smaller lots and higher profit %. In my 12 weeks I have made 23%, which is more than anticipated and this at what I perceive to be very low risk.

The future: I am seriously considering abandoning my other subscriptions and focusing only on this signal. The other signals have also been profitable, but the risk has been higher. Some are basically just waiting for a disaster to happen. Sumo on the other hand has long term potential because of how risk is handled. The diversification inherent in the large amount of trades and small amount of risk per trade is the true long term perspective. I can easily live with months around 0% as long as I can see the long term profitability of >30% pa. and as long as the risk is kept low.

I should mention that the coaching/info provided by signalowner is very good. My main concern is that this signal one day shuts down so I will need to again rely on other, potentially much more risky signals.

This signal gets my highest recommendation among those 8 signals I have so far subscribed to.

11/12/2023 -

Checking out of this signal after 519 days of subscription. Today is last day.

I always had a love hate relationship. I loved it for the results, because they were good and steady, but I hated it because of the high volume of trades and the level of stop loss. I keep detailed statistics and in one month, across the portfolio of my 25 signals/advisers (at the time), this one contributed 3.5% to my profits (just less than average), but it ran 19.67% of trades (5x more than average). Sometimes it was volatile: at one stage, the monthly gain went from 3.x% to 1.x% and then 12 hours later, to 7.x%. So if you subscribe, be aware that you may need a moth or so for initial profitability. Be aware you also need a decent level of capital and margin.

Two things to be aware of (1) as a portfolio of algorithms, you will see contrary positions at the time; (2) by introducing stop loss, it will protect, but it can also kick in just before a reversal (considering that the authors have probably pegged stop loss onto existing algorithms that were going to recover). Pros and cons, but is true that the ultimate measure is the results:

After 215 days, I had 52.65% gain. After 519 days, I have 89.55% gain. Gain was higher before the last couple of months of course, peaking at 109.86%. The daily gain on this signal is still in the upper ranks of my portfolio (42 signals/advisers, and this one ranks 12th).

I'm checking out because I think the strategy is gone for now at least. Due to recent issues, signal has now moved to a smaller amount of activity / positions, and probably a smaller amount of diversification, which is not the original strategy, and now I'm concerned the authors are trying to find ways (by selecting specific algorithms, or manually tuning trades) to recover from recent losses. I think we're in for choppy weather for now. Might resubscribe when I see return to original.

突破开单真的非常垃圾，一直在止损，而且单开的非常大,订阅了20天，亏损了4%

2022.8.2，跟了这个策略马上一个月时间，目前亏损6%，惨无人道，太坑了！

I have been subscribing to this signal for more than a year.

I started subscribing to the signal with 1k eur to test how it will work and gradually increase the amount monthly.

Overall, I can say just good words about my expierance. So far I earned more than 200%.

This signal is still better then i expected. The signal is not suitable for those who want to get rich fast but rather for those who want to have some stable profit with reasonable risk. As the signal is well diversified, the big onesided movements are handled well. I see this signal as a good instrument for diversification, especially, if there are investments in other asset classes.

The author openly communicates with subscribers about what is happening in the signal and he regularly update about the performance of the signal.

I'll continue to subscribing to this siganl to reach even new highs.

Der Benutzer hat keinen Kommentar hinterlassen

The author is very friendly & professional. I didn't manage to set the signal right as trading conditions with my broker differ from those of this signal. Trades were copied correctly but with different amount, as my broker didn't allow me to have the same leverage as this signal providers. Sandis, thank you for helping to understand it on time to receive re-fund of subscription fee.