Review Time
I bought the life time membership after trying a 3 month trial. It worked exactly like it was supposed to. Actually performed a little better. During the 3 month trial my account increased 17.1%. I am in Canada and found the system works well with my internet. The only small complaint I have is the actual installation and linking to my trading account was a little frustrating. And the support is only available in Euro time. So I hade to get up at 4:00 am to get help. But once I did get help they were very helpful and got me up and going. I highly recommend trying this out. It’s a good passive income.
The program installation is heavily manual based on screenshot back and forward. I took 4 days ! with my IT background. Effectively took me 2 weeks to find out if this it's not relevant for me, but negated me the refund... because overpassed the 15 days line; this is really close to a scam on my opinion! Nobody should invest blind w/o verifying if what they promises it's truth beyond passed profit doesn't imply future's one
I started with a demo account and was able to achieve around 1% profit within just two weeks. After that, I moved to a live account, and the profits have continued consistently so far. Everything works exactly as described, without any technical issues.
The setup process was very easy and straightforward, even for someone who wants to get started quickly without complications. Overall, a very smooth experience and I’m satisfied with the performance up to now.
Lost $15k this week. That takes me back to pre March 2025 levels, almost a year’s worth of gains gone.
I’m happy that any bot has to have some winning and losing months, but the losing months can’t be 10X an average monthly gain.
The same happened last year. That’s two massive blowouts. One 40% drawdown, this latest one about 20%.
This bot continued to SELL a pair that was pumping, getting in worse and worse positions.
Put money in SP500 instead, or failing that, throw it into the sea.
I have used it for months, it always has the same issue, it will earn for 2-3 months, then loose everything. i am using smartedge trading for the past 9 months and thats consistantly performing with 10+ a month. Please dont mark it as unrelated, i have bought 2 lifetime licenses from Alchemist becuase it work for a month, i thought its good. but the third month boom, it hit 40%.
The service truly fulfills its promises. The support team is excellent, the setup process was straightforward, and the outcomes align perfectly with my expectations and the advertised claims. The trading strategy is effective, and I am thrilled that I decided to try them out!
In the past I have left a review about version 1. I stopped using it after the max drawdown crash twice in one year last year. Now I picked back up with version 2. Well..... The only thing that changed is the Martingale way of handling losing trades. Now it leaves trades open untill it sees an opportunity to put in a new trade, further down the road, so in the same direction as the loosing one. So no Martingale anymore.... on paper..... The results are on my screen now. example: NZDUSD. A block of sell orders on the 25th, the 26th and the 27th of Nov. Another one on the 1st of Dec. And then three on the 3rd of Dec. None of them in the money. All in red. All loosing trades. Still running...... The first ones from Nov, are 157,7 pips in the red and counting. Ridiculous! You cut on 40 or max 50 and take the loss. Of course not this software.....The max drawdown warning they sell you when they sell you the software is basically just a way to hide losing trades, that you dont want to close, so as to keep the win-loose ratio to look like perfection, in the hope that somewhere in the future it clears up. I dont know about you, but i dont have a bot, or as they sell it an AI, running on the one minute timeframe, to have trades continue for weeks, which is even longer than intraday trading. This means that the software is designed to act in contradiction to the first rule in trading; Cut your losers! On paper I currently have a 74% win ratio using this software but in fact there is an additional 2 % equity loss hiding in 30% losing trades that are almost two weeks old. And still running! (PS: I am only up a little over 5% after 3 months of using V2). When I look at the monthly chart, I dont see a trend that would make these trades become winners again. Maybe change the name to "Fx WishingForWonders". I have loaded a seperate EA on the Metatrader that is a simple drawdown protector. I set it to cut everything off and block trading at 5% drawdown. I am really hoping it doesnt have to do its job! As I wrote: there is 2% equity loss hiding in running losing trades that would negate/destroy half the winnings the software made me in 3 months time. Cutting them manually means the software made me a little over 2% in 3 months..... I can do a better job than that myself trading market structure on the 1 and 5 minute timeframes.
The service has a commendable track record of achieving 2-3% monthly returns. I just wrapped up my first month with a 2.25% gain. The experience has been entirely stress-free; I check in occasionally, maybe once a day or every few days, and the results have been largely positive. It's not a scheme for quick wealth; they maintain transparency with their members and provide a modest supplementary income. So far, it’s working well for me. Just follow the guidelines and let the algorithm do its job.
It is always a nice thing to have algorithmic trading steadily generate passive income.Overall, I am very happy with the service. Pros:- Readily-available friendly support team- Steady income- Low risk, which also yields in low rewards- Instrument diversification (lower risk)- Amazing integrated strategies that almost always lets you profit or breakeven- Great back-testing results- Consistent live results since 2021If anyone needs to invest in this bot, my suggestion is to deposit a good amount of money to enjoy the profits.
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