Nasdaq Ghost Platinum EA reviewGrandeur Trading Technologies
Looking for EA for Nasdaq? Today we will review Nasdaq Ghost Platinum EA, a trading robot that works on this stock index (the developer promises that it is very profitable). However, we will not believe simple words and check how true they are. By the way, you don’t have to look for the FREE Download link on this page because it’s not there. This is just a review without hacked files!
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Nasdaq Ghost Platinum EA MyFxbook monitoring analysis
So, inside the well-known MyFxbook service, we found only one Nasdaq Ghost EA monitoring, which immediately disappointed us – it shows a small loss, although its dynamics speaks of some good news – this robot uses Stop Loss and this Trading bot for Nasdaq does not use a grid and martingale . In simple words, this is a trading bot that is designed to work according to the classical strategy and at least should not kill your deposit in one fell swoop. Although, of course, Nasdaq Ghost Platinum MyFxbook says that the strategy of this Forex bot is not very effective. Please note that monitoring was carried out from February 2022 to August 2022, and during all this time Trading bot for Nasdaq earned -12%!
Ok, let’s make allowance for the fact that classic trading systems show classic (small profitability) and these systems often have long drawdowns. We see that the drawdown has not reached large values, so let’s hope that the time will come when EA for Nasdaq will start to bring real profits. So let’s move on!
So, according to the developer, this trading bot can work on the quotes chart of the Nasdaq 100 (US100) index, as well as similar stock indices (US30, GER30, and so on). This is great news because many traders are often looking for trading bots that can be used effectively on exchange indices.
According to the developer’s recommendations, you can start trading with a small deposit (from $100 and above), however, for the safety of your finances, you need to withdraw funds from your trading account. This is because, together with the classic trading system, this robot uses the principles of the grid and martingale. So, we are dealing with a synthesis of classics and mathematical strategies. It’s a pity that this EA for Nasdaq doesn’t actually make a profit. It would be interesting to get a Trading bot for Nasdaq and use it to diversify your trading portfolio!
Of course, due to the fact that this EA for Nasdaq is in a long drawdown, we see not very good technical statistics:
The profit factor is less than 1 and the worst news is the following indicators:
- Average Win: 10.63 pips / $12.79
- Average Loss: -52.32 pips / -$78.38
These indicators demonstrate that the average loss of a trading bot is several times less than the average profit. This means that Trading bot for Nasdaq works on a scalping system, which means it can only be used with brokers with accounts where there is a narrow spread (for example, ICMarkets broker) and it will not work with other (classic) forex brokers.
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Nasdaq Ghost Platinum EA’s commitment to scalping confirms that the average time to hold trading positions in the market is up to 30 minutes. That is, this is the usual scalping, when the strategy focuses not on market analysis, but more on the technical possibilities to cut off a few points of profit on the quotes chart … this is a bad strategy for stock indices and for Nasdaq , do not hesitate! After all, indices always have a large spread and large slippage (in simple words, not the best place for scalping).
To fool the audience, Nasdaq developer Ghost Platinum EA set it up to trade on regular currency pairs (where the market spread is significantly lower). This picture confirms this Nasdaq Ghost Platinum MyFxbook. As you can see, trading is carried out on ordinary currency pairs, where there are no Nasdaq100 and other stock indices.
Our thoughts on this EA for Nasdaq
So, we have a trading robot that does not know how to trade (for 6 months of its work, it received a profit of -12%). This trading bot for stock indices is used on currency pairs because the developer decided to deceive buyers. This Trading bot for Nasdaq uses a scalping strategy – it will only work with some brokers (those who have accounts with ultra-narrow spreads, such as ICMarkets). This robot uses mathematical strategies that are dangerous for deposits. In simple words, don’t look for the Nasdaq Ghost Platinum EA link – you don’t need it, because this robot is shit and will only bring you losses!