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.
Matej
2023.07.22 17:03
(modified 2023.07.22 18:10) #
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 ) !
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.
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.
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.
User didn't leave any comment to the rating
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.