Gaint EA

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Apr 15, 2024
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Introduction​


So, you've stumbled upon Gaint EA—a popular trading robot on MQL5 with mixed reviews and a rating of 3.5 stars. Let's dive into the nitty-gritty of this robot and see if it deserves a spot in your trading arsenal or if it's just another overhyped piece of code.

Features of Gaint EA​


Gaint EA isn't shy on features, but whether they impress is another story. Here's a rundown of what it offers:

  • Smart Stop-Loss (SL): Claims to adaptively manage risk.
  • Low Drawdown (DD): Keeps your account afloat, supposedly.
  • High Trade Frequency: More action than a Hollywood blockbuster.
  • Compatibility: Works on both MT4 and MT5, but settings differ.
  • Customer Support: Seller is friendly, but maybe not always timely.

Results Analysis​


The user reviews offer a mixed bag of experiences:

Wolfgang Rockert seems to be the poster boy for success with 36 trades in two days and low drawdown. His updates continue to reflect steady performance and good profits. But let's not kid ourselves, one happy user doesn't make a verified success story.

Chia Liang Chen starts off all sunshine and rainbows but downgrades his rating from 5 stars to 3. The issue? Seller's failure to keep the EA's settings up-to-date. It's like buying a car that needs a tune-up every week.

Jason finds the backtest impressive but is waiting for real-world performance. Ah, the eternal optimist.

Thomas Ma is having a nightmare. From vague support to having his account blocked due to excessive activity, it's clear not everyone is having a good time with this EA.

Pros and Cons​


Here's the part where we balance the scales:

Pros:
  • Smart SL and Low DD: When it works, it works well.
  • High Trade Frequency: Great if you're looking for action.
  • User-Friendly Seller: At least initially, support seems prompt and friendly.

Cons:
  • Inconsistent Settings Updates: Could lead to subpar performance.
  • Compatibility Issues: MT4 and MT5 settings differ, causing confusion.
  • Risk of Account Suspension: High trade frequency could get your account blocked.

Conclusion​


Gaint EA offers an interesting mix of features and promises, but the user experience is anything but unanimous. While some users report great performance and excellent support, others face serious issues including account suspension and outdated settings.

If you’re contemplating investing in Gaint EA, tread carefully. Discuss your experiences on forums and share your results to get a broader perspective.

Source Code of Gaint EA​


The original source code of Gaint EA is not available. However, we at EASY Trading Team can create a similar robot based on the descriptions and features listed on the official site and MQL5.

If you have any questions or want an example code, feel free to ask on easytradingforum.com. Remember, this is a custom code based on the description, and not the actual Gaint EA sold on MQL5.

Code:
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Download Gaint EA Today!​


If you’re ready to take the plunge and download Gaint EA, head over to the official site.

Remember, Easy Trading Team doesn’t sell Gaint EA; we only provide a code based on its description. So, do your research, trade wisely, and happy trading!
 
If you want to backtest and deploy this EA effectively, just grab the recommended setfile. Make sure to check back here as we'll be uploading a bunch of important files soon. Appreciate it!
 
After executing a series of six trades on GBPJPY with a drawdown of $60, my hopes were high when I updated to the latest EA version. However, upon reloading the same set file and maintaining the magic number, I was dismayed to see all positions closed at a loss, totaling about $60. I'm left pondering the performance of your grid strategy during larger drawdowns. Does it allow for overlapping trades or incorporate any recovery system?