AlgoForge

As I wrote on May 21, 2026, with minor corrections:

I like that this signal is not only profitable, but is also unusual - for me it's diversification and a learning experience. It's a grid strategy (which the provider is extremely transparent about, including about the risks), but it captures much smaller price moves with much larger trades than typical Forex grid signals do.

The ratio of monthly profit vs. max drawdown here so far is much lower than typical for Forex grids, which tend to have these two figures as roughly equal. Here it is 54% growth over the recent month vs. 10% max equity drawdown (as recorded by MQL5 since signal connection on May 2 until today May 21, so admittedly not covering the same period yet) or 14% max balance drawdown (shortly before signal connection, telling us the actual equity drawdown also reached at least that level, but it's still acceptably low anyhow). We'll see how it goes over a longer period.

In the (few) trades I got copied so far, there was no SL set in the pending orders (which are not copied) nor at time the trades got closed (so no SL is seen in trades history), but there was temporarily while a trade was open. Lacking any SL on the pending orders is a risk in case the provider's EA or VPS crashes - hopefully, something the provider will address soon.

Trades are being partially closed - half of the volume first, then full close at a maybe different price. For fully closed trades, I guess the MQL5 trade history here shows average closing price like the MT5 terminal does when you view positions history rather than deals.

My copying quality (to another broker, in a VPS) is very good so far. Profitability of these trades is somewhat sensitive to broker commissions, but luckily my broker's are even lower than what I see on the signal account.

While almost all trades here are of currency pairs that are the same across brokers, also included (or were previously) some small trades of two indices, US30 and SPX500. For US30, my broker's contract size is 10x smaller than the signal provider's, so I'll get less exposure to them (both risk and profit). For SPX500, my broker's symbol name is different, so I won't get these copied. This SPX500 name is quite rare, so most subscribers will probably miss these trades as well. That's fine since these two symbols made only slight contribution to this signal's profit so far.

User support is excellent. I got a prompt, detailed, and sincere reply addressing my questions and concerns before signal subscription.

Update on May 29:

Well, I have to admit this signal isn't as reliable as I was hoping it could be. We got 3 equity drawdown spikes in a row, two to ~20% and today's to 33%+. Today's EURUSD sell grid was still open on the signal account as I started to type this, at 5.59 lots total on a balance of under $3k. There's a pending order with 2.03 lots more, for 7.62 total, which luckily wasn't reached.

Taking today's grid as an example, it was opened at 1.16494 with 0.58 lots, and given its total trade sizes (including the pending order at 1.16957) there appeared to be room for price growth to ~1.171, where we'd get into a margin call. That would be quite realistic intraday price change for EURUSD. So the strategy here bets the full account balance primarily on not entering the market when a significant price change like this is likely, and secondarily on there being a retracement sufficient for a profitable exit before such price change fully materializes. There's hopefully also sound decision-making between closing the grid at a possibly large loss and continuing to bet. Today the price peaked at ~1.1686, which is more than half way to the maximum this grid could support. The signal wanted to exit at 1.16659. I see it has actually just succeeded at 1.16667, and the price went further down.

I had stopped an hour earlier at ~1.1670 with a slight loss as there appeared to be a minor support level below that. I didn't want to take further risk today with a basket this large. I had also reduced my account balance by 25% after the previous two drawdown spikes. I'll need to think about resuming copying these trades now.

Other subscribers may also want to reduce their exposure (reduce the balance and/or start withdrawing profits), maybe until the spikes hopefully become rare again.

I now give this 3 stars for "reliability and description quality" (downgraded from 4), but one of these is for the great "description quality". With extreme-risk events being so frequent, I would be pleasantly surprised if this doesn't blow the account within a few months. According to the provider, there are backtests and prior experience that show this is expected to survive much longer. We'll see.

I still also give it 5 stars for copying quality and user support, which are both perfect.

I still like that this signal/grid is different from typical Forex grids that just hold equity drawdown for days. Here we normally only have spikes and we know the outcome same day. Still alive? Good!