What’s up, guys! Beneath is my latest evaluation of the highest 10 of the market. The earlier evaluation of August 1st is right here.
As standard, I’ll examine what has modified for the reason that earlier evaluation. I’ll point out whether or not similar or totally different authors have introduced new merchandise. And I’ll attempt to drill into the market pages to see if their outdated merchandise are nonetheless on-line.
NB: My evaluation on this weblog submit could also be completely mistaken. I’ll recheck the highest 10 after one month.
Largest loser from the earlier evaluation: Gold Mana MT5 now has no sign. I wrote about it that it had a ridiculous risk-to-profit ratio which was doomed to smash the account.
Weirdest development: they purchase ridiculously costly merchandise and thus push them to the market high. Whereas the merchandise from the earlier high 10, that are nonetheless ranked excessive by customers, drop beneath.
| As of October 2nd | As of August 1st |
|---|---|
| 1/ AI Gen XII EA good with restrictions | third place (was good with restrictions) |
| 2/ Quantum Emperor MT5 dangerous | tenth place (was dangerous) |
| 3/ CoreX G dangerous | |
| 4/ Means To Stars MT5 dangerous | fifth place (was dangerous) |
| 5/ Diamond Final MT5 dangerous | |
| 6/ AI NoX EA MT5 dangerous | |
| 7/ Quantum Queen MT5 dangerous | |
| 8/ Indicement MT5 dangerous | |
| 9/ Gold CPU dangerous | |
| 10/ Gold Buying and selling AI MT5 dangerous |
Out of the highest 10, however nonetheless within the 1st web page: Gold Mana MT5, The Gold Reaper MT5, Gold Commerce Professional MT5, Diamond Titan FX.
1/ AI Gen XII EA
117 purchases within the final month (up from 71)
52 critiques (approx. 500 whole purchases)
Max income of the creator approx. 350K USD
Execs:
– It makes use of the revolutionary ATFNet technique.
– It trades on a unstable Gold.
Cons:
– The creator has tried it on totally different symbols with different consultants. Based on his alerts, it doesn’t work on USDJPY. It struggles on EURUSD.
– What buffles me is that the creator claims his technique makes use of ATFNet strategy, which is the most recent and most complex factor on the market proper now. He offers with complicated numbers of the ATFNet strategy, however he can not make a multi-symbol knowledgeable? Why?
Conclusion: Good with restrictions. Gold has been on the rise for the reason that begin of 2024. I feel it’s the Center East which is the driving pressure. I don’t suppose that it’s a good technique. It’s just like the Apple inventory: you simply purchase and watch because it grows 12 months after 12 months. It’s good as a result of it’s nonetheless rising in its alerts.
2/ Quantum Emperor MT5
29 purchases within the final month (up from 8)
309 critiques (approx. 3000 whole purchases)
Max income of the creator approx. 2.5M USD
Execs:
– It trades on a unstable GBPUSD.
Cons:
– The creator pulls new alerts with out altering something within the core of his technique. He bets that it’s going to work for a while, and customers will purchase it for a while.
– The earlier sign went right into a 85% drawdown. The brand new sign can not recuperate from a 20% drawdown.
Conclusion: That is the paradox of the market. They purchase it as a result of it has stayed for therefore lengthy available in the market and it has so many critiques. Guys, simply give it some thought. They paid 1000 USD for a black field. In fact, they reward it within the first week after which they wait and endure whereas watching the ever-growing drawdown.
3/ CoreX G
65 purchases within the final month
6 critiques (approx. 65 whole purchases)
Max income of the creator approx. 35K USD
Execs:
– It trades on a unstable Gold.
Cons:
– It trades one image.
– A straight-line historic chart tells us it’s a rip-off.
– A ridiculous risk-to-profit ratio based on the alerts. It is going to smash the account instantly as soon as it makes a foul buying and selling resolution.
– The outline says it makes use of CNN, RNN, autocoders and smth else. Are you critical? One layer of RNN with a 50% dropout learns the info like loopy inside 10 to 100 epochs. So the place did you place in a cnn and an autocoder layer?
Conclusion: It’s a rip-off as a result of it has a straight-line historic chart. It makes principally buys on Gold which has been rising for the reason that begin of 2024. It isn’t even a technique.
4/ Means To Stars MT5
52 purchases within the final month (up from 27)
17 critiques (approx. 170 whole purchases)
Max income of the creator approx. 100K USD
Execs:
– Nonetheless nothing.
Cons:
– It trades one image.
– The sign from the sooner evaluation disappeared. A brand new sign is simply 1 week. Cannot wait to see it outperform the earlier sign.
Conclusion: It isn’t a technique. A straight-line historic chart. No drawdowns.
5/ Diamond Final MT5
70 purchases within the final month
5 critiques (approx. 70 whole purchases)
Max income of the creator approx. 35K USD
Execs:
– It trades on US30, an American inventory index, which is new.
Cons:
– Based on the alerts, it typically makes a revenue of 1-2 USD per commerce and creates a lack of 10-20 USD.
– No description of the technique for seemingly similar consultants.
– I suppose it didn’t promote rather a lot. So the creator created one other one below a special identify, as a result of a brand new knowledgeable will get nearer to the market high.
Conclusion: I don’t suppose it’s a good suggestion to stack up similar consultants which commerce the US30 index. Why not making one other technique that may commerce EURUSD? I doubt the programming expertise of this creator.
6/ AI NoX EA MT5
82 purchases within the final month
10 critiques (approx. 100 whole purchases)
Max income of the creator approx. 50K USD
Execs:
– Nothing.
Cons:
– A straight-line historic chart means it’s a rip-off.
– It says it makes use of GPT-4 (like the opposite consultants from this creator). Why do not you clarify how? Does it contact the GPT-4 bot and ask whether or not it’s a purchase or a promote? A lot enjoyable.
Conclusion: The funniest factor is the disclaimer on the finish of the outline, which says that its historic chart isn’t transferable to real-time buying and selling. Give me a break.
7/ Quantum Queen MT5
22 purchases within the final month
28 critiques (approx. 280 whole purchases)
Max income of the creator approx. 140K USD
Execs:
– Nothing.
Cons:
– A complete rip-off. It’s even worse than the Quantum Emperor MT5 from the identical creator. It retains making solely buys on XAUUSD.
– You need to commerce years, not week or months. I guess it won’t survive one other 2-3 months.
Conclusion: Guys, keep away. Many times. Gold has been solely rising for the reason that begin of 2024. As soon as it returns to its regular volality mode, it’s going to destroy your accounts. Take a look at the Quantum Emperor MT5, which trades solely GBPUSD. It has not drawn a pleasant up development, so it bumped right into a 85% drawdown in my earlier evaluation. And it has now a 20% drawdown once more.
8/ Indicement MT5
233 purchases within the final month
12 critiques (approx. 230 whole purchases)
Max income of the creator approx. 46K USD
Execs:
– Nothing.
Cons:
– Examine the sign. It isn’t working.
– Ridiculously easy and humorous properties, as for any knowledgeable from this creator. It appears like he began making his first steps in programming mql5. And he has by no means considered technique or worth fluctuations.
Conclusion: It’s playing not buying and selling. This time the creator thinks that customers will purchase a technique that may commerce American indices. The issue is, it can not.
9/ Gold CPU
43 purchases within the final month
2 critiques (approx. 43 whole purchases)
Max income of the creator approx. 10K USD
Execs:
– It trades on a unstable Gold.
Cons:
– No sign. There was a sign which failed due to a ridiculous risk-to-profit ratio.
Conclusion: It isn’t a technique. No rationalization of the technique. No nothing. I suppose he simply skilled a dense community on Gold, and it stored making buys for the previous few months. After which, swiftly, it made a promote. An enormous mistake.
10/ Gold Buying and selling AI MT5
60 purchases within the final month
2 critiques (approx. 60 whole purchases)
Max income of the creator approx. 12K USD
Execs:
– It trades on a unstable Gold.
Cons:
– Based on the sign, it makes a purchase to earn 200-300 USD; and a promote to earn 30-40 USD. It’s simply one other rip-off which bets on buys with Gold, which has been rising (repeatedly) for the reason that begin of 2024.
Conclusion: It is going to fail as soon as Gold returns to its regular volatility cycle. My prediction is that Gold will enter a really unstable channel in November-December.
