ABS GoldGrid

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Since volatility changed, large drawdowns have become more frequent. The logic that assumes an eventual blow-up does not suit me. However, the developer is very kind, and I regularly use their other EAs.

After a few months I can say: this is the more dangerous EA I've ever used (OK, autor warned about it), but unfortunatly also is unprofitable and generating too much losses. Many weak EA are better then this one - You can pay for better options.

For me this EA is too risky - can have very large drawdowns - be careful

It's a great grid bot if you know what this system is. It's high risk system, but the developer warns about it at literally every step. Considering the price and profitability, this EA is money for the buck.IMHO.

It is time to leave my review. First of all, I would like to thank the author for constant support and prompt assistance on any questions. This is rare and a significant advantage. The expert advisor really does its job. It works stably and without failures. The only point is that I would like to see more trades during the week, but this is more a matter of settings and trading style rather than a product quality issue. The drawdown is moderate — within 10%. The profitability is excellent: about 26% in 8 days of operation. The results speak for themselves. This expert advisor is a solid starting point and at the same time a tool with high profit potential due to the use of grid and martingale strategies. With proper settings and risk control, it can deliver even stronger results. I recommend this product. Good luck to everyone and steady profits 📈🚀

I'm very impressed with ABS GoldGrid. The EA is running on my ICM Raw account and made good profits in the last trading week of last year. It won 10 out of 11 trades (see my posts on the comments page). Well done! I'm currently giving it 3 x 5 stars.

The seller's user response was good, but I only set a DD of 10% for high-risk situations, and I suffered a loss of over 30%. It was the worst for me. I'm sorry, but I gave up using this EA. I just lost money.

I'm completely satisfied with the operation of this EA and moreover the support from the creator is extraordinary. According to the instructions I only have money in my account that I am willing to lose, profit so far 65%, which I'm continuously withdrawing. I halved my risk in early December. My last trades are from 23.12., and then I immediately turned off the ABS. I intend to turn it on sometime in mid-January. But I turned off all my EAs! Letting everything run non-stop even around holidays and New Year's is the risk squared, these days the markets are crazy!

I bought this Expert Advisor and I’m genuinely happy with it — the entries are really solid and the execution feels well done. That said: read the manual / how it works carefully and only run it on an account that contains money you’re truly willing to use — and can afford to lose completely. This is a grid EA, and especially with the High-Risk Set-File you must factor in that a total account loss can happen at some point. I’m also seeing comments from users whose expectations seem completely off: the EA doesn’t trade nonstop, and depending on the set file / settings, high risk is totally normal and part of the strategy. If you watch the developer’s live signal, you can clearly see he follows a specific, consistent approach. He has had a total loss himself, but overall he’s still well in profit — and that’s exactly how you should run this EA: secure profits regularly and don’t pretend it’s risk-free. I’ve been running it live since 22/12 (I have a lot of experience with EAs and use it exactly as intended) and I already withdrew my first 20% today (12% DD). My plan is to withdraw profits consistently every 20–25%, keep it running, and accept the possibility of a total loss — with the goal of still ending up net positive. For the price, it’s a very good opportunity if you manage the risk with discipline.

Overall i have mixed feelings.... Core 1 seems stable, while Core 2 made stupid entry that resulted in a loss. Whats more is the DD protection is not filtered by its own magic number, so if you are running more EAs, it will be triggered by other EAs positions in drawdown. The author tries, but should be more refined.

Edit: The DD control was updated, good job - updated my rating. If we stick to Core1 and have the new tiered option enabled, it should be much safer.

Don't be discouraged by those who blew their account in the recent crash. Author had already made it clear its a high risk high EA. If you can't risk your account blowing up, then manage your risk. Survived the crash due to setting a 20% DD, Currently it is slowly recovering the losses.

Just bought it but its not making trades so I cant give it a high mark. Hopefully the author will reach out to me so I can amend this review.

Completely useless EA. Margin called with just .01, I also see many users also had similar experiences and blew their accounts or margin called.

This EA is a typical high-risk martingale strategy, and it’s built on the assumption that a blow-up will eventually occur.

The backtest includes an option that simulates regular profit withdrawals, and if you run it that way, you’ll see it can blow up two to three times per year.

That’s why the “correct” way to operate this EA is to withdraw profits periodically and run it only with an amount you can afford to lose.

Some users left negative reviews because it blew up on December 29—or even shortly after they purchased it—but if you understand the risk properly and trade it with an appropriate amount of capital, it will be profitable over the medium to long term. The strategy’s underlying design philosophy, along with its backtest and forward-test results, is very strong.

This type of grid-based “blow-up-by-design” approach can fully leverage high leverage settings, so for traders who truly understand how it works and can manage it correctly, it can be an extremely effective EA.

Great EA. Working perfectly for me. Happy i bought it. Le's support is outstanding. Thank you very much.

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Deposit destruction, even with minimal risk. But the support is good.

Dear Author, please note: the best option is to replace this expert advisor with AOT and send this one for revision. I highly recommend not running it again without changing the entry and exit position settings. I hope you will treat my proposal with understanding.

Just lost 80% of my account when gold dropped over 2.5% in a day while ABS was taking large long positions. If you use this instead of the default 0.01 per $1000 is probably needs to be like .01 per $5000.