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Question Thomas EA ....

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Whale

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Comments from buyers:

Another grid, martingale EA. Low profits with 90% DD.
Sooner or later (usually it's a matter of one week), will blow your account.
Yes, great results posted by guys on chat, they are ALL working for the author.
Very poor and rude customer service. I have bought a few EAs from Vitalik, I don't use them.
Blew all my demos although I was religiously following the instructions.
Got some hints from guys from the chat, the chat is actually Alex G. one man show, he is nice and helpful unless you clap your hands and don't dare to question his point of view.
Guys stay away from this gang.
Those EAs will blow your account royally!

A total scam, none of their products work as they say,
the contact instructions to help you improve the product after buying it are a lie,
they do not attend to queries and there is no support department.

A martingale grid EA ....
I had my fair share with one of those and will never ever use such an EA again ....

Actually, these EAs are based mainly on a 'hit and miss ' entry point and you are practically gambling until one beautiful sunny day the EA will blow your account ....

Been there, done that ....

I have spoken ....
 
Using ea based martingale trading maybe only for them traders who strong mentallity
high drawdown will not make beginner trader sleep when watch the big floating.
 
blackking said:
Using ea based martingale trading maybe only for them traders who strong mentallity
high drawdown will not make beginner trader sleep when watch the big floating.
Click to expand...

I have a martingale in my papa Gold EA and it's quite safe because the programmer is extremely talented ....
 
Thomas on Gold spike yesterday....
upload_2022-7-14_7-38-30.png
 

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Martingale EA normally have poor RR ratio, high DD, high chance of blown out. Please avoid also Ramil Minniakhmetov who sold EA black dragon, Hamster scalping and etc. I do not own any of his EA. But from my observation, all his signals are highly manipulated for high gain and cannot be used as reference, he also reset his account every few weeks, not sure whether is previous account blown out or what.
There are only few martingale based EA on MQL5 are trustable. Be careful.
 
Jeffrey1127 said:
Martingale EA normally have poor RR ratio, high DD, high chance of blown out. Please avoid also Ramil Minniakhmetov who sold EA black dragon, Hamster scalping and etc. I do not own any of his EA. But from my observation, all his signals are highly manipulated for high gain and cannot be used as reference, he also reset his account every few weeks, not sure whether is previous account blown out or what.
There are only few martingale based EA on MQL5 are trustable. Be careful.
Click to expand...

I hope EA Thomas is one of the martingale based EAs that can be trusted to rely on its strategy.
Thank you for the advice.
 
mnuh69 said:
I hope EA Thomas is one of the martingale based EAs that can be trusted to rely on its strategy.
Thank you for the advice.
Click to expand...

With the right settings and a match between the assets and the EA used, the EA with the martingale method can also be a solution. :):ok:
 
Niguru said:
With the right settings and a match between the assets and the EA used, the EA with the martingale method can also be a solution. :):ok:
Click to expand...

Currently I am still using an EA that works with the martingale method on my crypto assets.
And it works as expected in the last 2 years or so, to this day.
 
Niguru said:
Currently I am still using an EA that works with the martingale method on my crypto assets.
And it works as expected in the last 2 years or so, to this day.
Click to expand...

But please note, I don't use the martingale method for XAU. Too risky.
Price fluctuations on XAU are too high so it is risky to apply the martingale method on XAU
 
Niguru said:
But please note, I don't use the martingale method for XAU. Too risky.
Price fluctuations on XAU are too high so it is risky to apply the martingale method on XAU
Click to expand...
Yes absolutely right XAU is too risky. So on Thomas, I've running GU too and so far it's extremely safe...
 
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