Grid Master Pro Review

Grid Master Pro

Grid Master Pro is a trading solution that was designed by FXAutomater several years ago. It was several times upgraded to work stable. Let’s check its performance. 

Grid Master Pro at a glance

We have a table of the most important information for you. 

Price$137
Trading PlatformsMT4
Currency PairsGBPUSD
StrategyGrid
TimeframeM15
Recommended Deposit$1000
Recommended Leverage$3000
Money ManagementYes

Grid Master Pro functionality

There’s a list of the most important features and settings that we’d like to discuss. 

  • The system was designed to execute orders completely automatically for us. 
  • The developers picked a free version of the robot to upgrade it. 
  • There are three additional trading strategies applied in the Grid Master PRO. 
  • We have a solid list of features: “Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and additional parameters for making Grid Master PRO more flexible.”
  • The main currency pair is GBPUSD. 
  • The system can be used on other cross pairs. 
  • It supports NZDCAD as well. 
  • There’s affordable risk implemented, and there’s proper trading logic. 
  • It can open scalping orders in both directions during trading. 
  • We have a claim that “probably, the safest way of using grid-based trading strategies is to determine wisely the most probable trading direction and allow trading only in this direction.”
Grid Master Pro features
Grid Master Pro features
  • We have an overbought-oversold trend filter. 
  • A volatility filter is applied. 
  • The system has email and push notifications. 
  • There’s a Friday exit feature that protects orders from being hunted on Monday night. 
  • High spread, slippage, and broker protections are applied.
  • The minimum deposit can be $1000. 
  • The optimal deposit is $3000. 
  • The ROI can be from 15% to 30%. 
  • It prefers opening orders on the M15 time frame. 
  • The default settings are “reasonably aggressive.”
Grid Master Pro on terminal
Grid Master Pro on terminal
  • The system attached to the chart looks like this. 
Grid Master Pro settings
Grid Master Pro settings
  • We have a full list of settings. 
Grid Master Pro backtest performing explanations
Grid Master Pro backtest performing explanations
  • We are informed how to perform backtest properly. 
Grid Master Pro main claims
Grid Master Pro main claims
  • The list of features was repeated once again at the end of the page. 
Grid Master Pro pricing
Grid Master Pro pricing

We can purchase an advisor for $137. The offer includes a $60 discount. We can work with the system on one real and three demo accounts. There’s the best support and a 60-day refund policy mentioned. 

Grid Master Pro trading strategy tests

Grid Master Pro backtest report
Grid Master Pro backtest report

We have got a GBPUSD backtest on the M15 time frame based on the tick data for eleven years. The modeling quality was 99.90% with variable spreads. An initial deposit was $5,000. The total net profit was $12,842. The profit factor was 3.85. The maximal drawdown was sky-high -39.37%. The system has closed 1172 orders with 82% of the win rate for shorts and 77% for longs. 

What about Grid Master Pro live trading results

Grid Master Pro trading results
Grid Master Pro trading results

The system keeps working on a real account that was created on FXOpen. It trades automatically with a leverage of 1:500. The platform is MT4. The track record is not verified. The account was created on February 19, 2021, and deposited at $10,000. Since then, the absolute gain has become 52.92%. An average monthly gain is 6.57%. The maximum drawdown is 29.65%. 

Grid Master Pro details
Grid Master Pro details

The advisor has executed 234 orders with 1659.4 pips. An average profit is 13.01 pips when an average loss is -8.63 pips. It works with only a short direction – 72% of the win rate (170/234). An average trade length is one day. The win rate is 7.93. 

Grid Master Pro directions
Grid Master Pro directions

We don’t know the reason for not trading a long direction. 

Grid Master Pro hourly activities
Grid Master Pro hourly activities

The advisor trades high-impact news hours during the European trading session. 

Grid Master Pro daily activities
Grid Master Pro daily activities

The robot traded smoothly during a week focusing on Wednesday and Thursday. 

Grid Master Pro risks
Grid Master Pro risks

The system trades with quite low risks to the account balance. 

Grid Master Pro closed orders
Grid Master Pro closed orders

The advisor closed orders that had hidden SL and TP levels. The system increases lot sizes from time to time. 

Grid Master Pro monthly statistics
Grid Master Pro monthly statistics

The profitability was going low for the last three months. 

We would like to note

The presentation doesn’t have testimonials published. There are no them on verification sites like Forex Peace Army or Trustpilot. 

Grid Master Pro Review Summary

Grid Master Pro
3 5 0 1
Grid Master Pro is a trading advisor that trades using risky strategies like Grid, Martingale, and Scalping. The system provides short profits for this type of advisor. It’s involved in high risks. There are no testimonials written about how the system works on clients’ accounts.
Grid Master Pro is a trading advisor that trades using risky strategies like Grid, Martingale, and Scalping. The system provides short profits for this type of advisor. It’s involved in high risks. There are no testimonials written about how the system works on clients’ accounts.
3/5
Total Score
  • Functionality
    3/5 Neutral
    The system doesn’t have all the required functionality.
  • Trading strategy
    2/5 Bad
    It uses risky strategies in trading .
  • Live results
    3/5 Neutral
    Trading results are mediocre.
  • Customer support
    4/5 Good
    The company provides significant support.
  • User reviews
    2/5 Bad
    We have no testimonials written about the system.

The Good

  • The system was tested on the tick data
  • We have trading results provided
  • A 60-day money-back guarantee provided

The Bad

  • No team revealed
  • No risk or money management advice given
  • The real account has an unverified track record
  • We have no testimonials written
Total
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