Automic Trader EA Review (Quick Profits, But Very Risky)

  • Post category:EA Review
  • Post last modified:2024-05-24
Automic Trader EA logo
Automic Trader EA is a grid & martingale EA that operates on multiple pairs at the same time.
Although the forward test shows good results, it is a very risky EA.
Automic Trader EA [Official Page]
Price LIFETIME LICENSE – $997
ONE YEAR LICENSE – $697
License 1 account per license
Currency pair AUDNZD, AUDUSD, EURGBP, EURUSD, GBPUSD, USDCAD
Terminal MT4 
Money back guarantee 30 Day Money-Back Guarantee

Live performance (forward test results) of Automic Trader EA

Automic Trader EA Forward test results Profit and loss graph by myfxbook Real account
Forward testing shows a very high rate of return.
Currency pairs with trading records are AUDNZD, AUDUSD, EURGBP, EURUSD, GBPUSD, USDCAD.

Trading strategy of Automic Trader EA

The trading strategy of Automic Trader EA is a combination of grid trading and martingale.\
Reference article: Martingale EA Risks and Benefits | Is it profitable?

In the MT4 trading history chart below, you can see how this EA opens additional positions when the price moves in the opposite direction.

■EURGBP 30 minutes Chart White=Buy entry Red=Sell entry
Automic Trader EA MT4 Trading History Plot Chart 30 Minute Timeframe EURGBP opens additional positions when the price moves in the opposite direction.

Additional entry criteria

Automic Trader EA opens additional positions very aggressively.
In general grid trading EA, it is common to enter with an interval of 50 pips to 100 pips from the previous position.

On the other hand, this EA makes additional entries at intervals of 5 pips to 20 pips.

Additionally, additional positions will be opened in cases where the price has moved favorably from the previous position.

In the MT4 trading history chart below, you can see how many short positions were opened in a short period of time.

■EURGBP 30 minutes Chart White=Buy entry Red=Sell entry
Automic Trader EA MT4 trading history plot chart 30 minute timeframe EURGBP many short positions were opened in a short period of time

Lot size increase rate

Below is the detailed trading history of a series of grid & martingale trades for the EURGBP pair shown in the MT4 trading history chart above.
The series of trades holds a total of 14 positions, and you can see that the lot size increases step by step.

No Open Date Close Date Symbol Action Units/Lots Open Price Close Price
1 04/01/2024 19:00 04/10/2024 06:05 EURGBP Sell 0.3 0.85605 0.856
2 04/02/2024 15:30 04/10/2024 06:05 EURGBP Sell 0.3 0.8564 0.856
3 04/03/2024 04:00 04/10/2024 06:05 EURGBP Sell 0.3 0.85674 0.856
4 04/03/2024 09:00 04/10/2024 06:05 EURGBP Sell 0.51 0.85637 0.856
5 04/03/2024 14:45 04/10/2024 06:05 EURGBP Sell 0.51 0.8572 0.856
6 04/04/2024 04:00 04/10/2024 06:05 EURGBP Sell 0.51 0.85693 0.856
7 04/04/2024 11:00 04/10/2024 06:05 EURGBP Sell 0.87 0.85767 0.856
8 04/04/2024 12:30 04/10/2024 06:05 EURGBP Sell 0.87 0.85779 0.856
9 04/05/2024 04:45 04/10/2024 06:05 EURGBP Sell 0.87 0.85745 0.856
10 04/05/2024 09:00 04/10/2024 06:05 EURGBP Sell 1.47 0.85758 0.856
11 04/05/2024 14:00 04/10/2024 06:05 EURGBP Sell 1.47 0.85754 0.856
12 04/05/2024 17:00 04/10/2024 06:05 EURGBP Sell 1.47 0.85761 0.856
13 04/08/2024 02:30 04/10/2024 06:05 EURGBP Sell 2.51 0.8579 0.856
14 04/08/2024 15:45 04/10/2024 06:05 EURGBP Sell 2.51 0.85759 0.856

In this example, three consecutive trades have the same lot size.
The rate of increase in lot size is not constant.

Trading in multiple currencies

Automic Trader EA executes grid & martingale trades in multiple currencies simultaneously.
When Grid & Martingale EA holds a position in one currency pair, it is common that it does not hold positions in other currencies.
This is because if equity drawdowns occur in multiple currency pairs at the same time, the risk of account bankruptcy increases.
Trading multiple currencies at the same time can yield high returns, but it also comes with high risks.

Entry point

The Automic Trader EA vendor’s sales page states the following:

===============================
(quote from sales page)
It trades six specific currency pairs:
AUDNZD, AUDUSD, EURGBP, EURUSD, GBPUSD, USDCAD
Why these?Because they ‘trend’ well. They move over 100 pips on average, on a daily basis.What Automic Trader does is identify the early start of trends on each of these pairs based on momentum and volatility.
===============================

However, such descriptions may mislead users.

Automic Trader EA opens positions against the trend.

The MT4 trading history chart below shows how this EA enters in the opposite direction of the market trend.

■EURGBP 30 minutes Chart White=Buy entry Red=Sell entry
this EA enters in the opposite direction of the market trend

This EA is not an EA that detects the initial movement of trends.
Trade contrarianly to aim for a reversal in price after a trend occurs.

Backtest results of Automic Trader EA

The vendor of this EA does not publicly release backtest results.
This may be because long-term backtesting does not yield good results.

Vendor of Automic Trader EA

Sold by LeapFx.
LeapFx sells various EAs such as Arbitron , The Money Tree RobotPOWER GROWTH TRADER etc.

However, in order to visit the sales page of an individual EA on LeapFx, you must first register your email address. This is annoying and can lead to you receiving unwanted solicitation emails.
This vendor also tends to have misleading information on their sales site.
Although this EA is described as being a trend-following EA, it is actually a grid & martingale EA that enters in the opposite direction to the trend.
Even with other EAs, for example, there are “low stop losses” even though there is no stop loss, or “No Grid” even though grid trading is actually done.

Conclusion of Automic Trader EA

This EA not only executes grid and martingale trades on multiple currency pairs simultaneously, but also opens a large number of additional positions, so profits can be accumulated quickly.
However, such methods come with significant risks.

The vendor describes it as a trend-following EA on its sales site, but in reality, when a large trend market occurs, a large number of positions will be left behind, and there is a risk that the account balance will suddenly drop to 0.

In the MT4 trading history chart below, you can see that a large amount of short positions are held in an uptrending market.

■AUDNZD 1 hour Chart White=Buy entry Red=Sell entry
Automic Trader EA MT4 trading history plot chart 30 minutes timeframe AUDNZD large amount of short positions are held in an uptrending market

If the price continued to rise, the account would have collapsed.

There are two options to get this EA: a 1-year license and a lifetime license, but both are expensive.
You should also pay attention to the reliability of the vendor.

Users should be aware of the risks and dangers of this EA and carefully consider purchasing it.

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