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
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
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
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:
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(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.
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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 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 Robot, POWER 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
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.