At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- Metatrader 5
- Expert Advisor
- Great Breakthrough
Great Breakthrough
Easy Rating: 5/1
MQL Rating: 453/22
Type:
Live
Leverage:
100
Deposit:
966$
Balance:
958.42$
Profit:
-7.58$
Withdrawal:
0$
Update: 8 Nov 2024
12000
4387.2
Live
FusionMarkets-Live
21 Nov 2024, 03:24
E
NotifyMe for MT5
reviewed by Elias von Kohler
I'm thoroughly impressed with NotifyMe for MT5! The trading system performs seamlessl...
G
Pivot Levels of Day Or Week Or Month
reviewed by George Desjardins
I've been using the Pivot Levels of Day Or Week Or Month system for a while now, and ...
G
History Data Export Recorder
reviewed by George Desjardins
As someone who takes strategy testing seriously, History Data Export Recorder has bee...
E
Shooting Star pattern mr
reviewed by Elias von Kohler
As a trader always on the lookout for reliable tools, the Shooting Star pattern tradi...
Overview
Is the ‘Great Breakthrough’ trading system the miracle you’ve been waiting for, or just another flashy façade masking underperformance? It’s time to peel back the layers and see if it stands the test of serious scrutiny. Join me as we uncover the intricacies, user experiences, and performance claims surrounding this EA.
1. The Idea Behind ‘Great Breakthrough’ 🎉
The ‘Great Breakthrough’ trading system, designed by Pavel Malyshko, takes an innovative approach by capitalizing on evening price patterns. This Expert Advisor (EA) is engineered to analyze market fluctuations specifically during the evening trading period, targeting optimal trading opportunities when volatility tends to increase. Utilizing a combination of price patterns and a floating take profit mechanism, this system aims to secure profits while protecting traders’ capital through calculated risk management strategies. 🕖💰
One of the hallmarks of ‘Great Breakthrough’ is its unique ability to adapt to the dynamic nature of the forex market. Unlike traditional trading systems that may rely heavily on pre-defined parameters, this EA continuously adjusts its approach based on real-time market conditions. This flexibility is vital for traders looking to maximize their gains while minimizing losses, as it allows the system to respond effectively to unexpected market events. By focusing on specific timeframes, this EA provides traders with an opportunity to engage in lower-risk trading sessions. Additionally, with its proven results on currency pairs like EURUSD and the integration of advanced technological insights, traders are encouraged to utilize this EA in conjunction with a VPS for optimal performance. 🌐💻
2. Understanding the Trading Strategy 🧠
The ‘Great Breakthrough’ strategy is fundamentally anchored in breakout trading principles, crafted to capture significant moves with minimal oversight. The EA operates within specific timeframes, using a calculated approach that includes a floating take profit feature to safeguard trader’s capital. This novel aspect allows the system to adjust exit points dynamically based on market behavior, thus enhancing the chances of protecting your deposit from sudden fluctuations. 🪙📈
However, it is crucial to remember that while this strategy may seem appealing, it is not without its drawbacks. Traders should remain cautious about inflated expectations, as market conditions can be unpredictable. The reality of trading is that there will be losses, and relying solely on an automated system can result in misguided assumptions about guaranteed profitability. To optimize performance, proactive management and user intervention are often necessary. Therefore, never underestimate the importance of understanding core trading principles and maintaining realistic goals. 🌧️⚠️
3. Performance Analysis 📊
The performance of the ‘Great Breakthrough’ system is indeed intriguing, with a user-generated rating of 4.53 based on 22 reviews. This high rating suggests that many users have experienced positive results; however, the effectiveness of any trading system is often variable and context-dependent. Promising backtesting results are a common selling point, but they should not be taken at face value. Traders must consider that the past performance of a system does not guarantee similar future results. 🧐📉
It is advisable to keep a watchful eye on how the system performs under varying market conditions. For example, the strategy’s reliance on evening trading hours aligns it closely with more stable market conditions, e.g., after the New York session. While this could allow for a more conservative and calculated approach, be prepared for fluctuations. As seasoned traders know, even the most sophisticated algorithms cannot predict unexpected market moves or major economic shifts. Hence, a calm assessment of its capabilities, along with a comprehensive understanding of risk management, will serve traders better than blind faith in performance figures. 📈⚖️
4. User Feedback: The Good, The Bad, and The Ugly 😶🌫️
The feedback surrounding the ‘Great Breakthrough’ EA offers a kaleidoscope of experiences from users. Positive reviews laud its promising performance and reliability, with many users experiencing notable profits in their trading endeavors. For example, one trader reported a substantial 135 euros profit within the first day of testing in a demo environment, showcasing the system’s potential. Users commend the author’s responsiveness, often receiving timely assistance with any queries or challenges they encounter. 🌟💬
Conversely, not all user experiences have been rosy. Negative reviews cite instances of unprofitability, stating that the EA did not perform as anticipated on real accounts, leading to significant financial losses. Concerns about the EA’s performance being heavily dependent on ideal broker conditions have also been raised, which echoes a common sentiment among traders that automated systems can sometimes be less effective in volatile or real-world settings. These mixed results serve as a critical reminder for potential users: while the EA shows promise, the realities of the trading environment can yield different outcomes. ⚠️📉
5. Comparison with Other Trading Systems 🔍
When comparing the ‘Great Breakthrough’ trading system with other popular solutions like the EASY bots, notable distinctions in approach and performance emerge. For instance, the EASY bots, renowned in the trading community, utilize advanced algorithms that learn and adapt to market conditions, offering a degree of sophistication that sets them apart. Their functionality allows for dynamic trading, which may outperform the fixed time-frame strategy employed by ‘Great Breakthrough.’ This system primarily focuses on trading during evening hours and may not capture opportunities outside of those specific periods, potentially missing profitable trades that arise at other times. ⚖️🔍
Moreover, while the ‘Great Breakthrough’ system features a floating take profit mechanism aimed at protecting deposits, other bots, such as the EASY Scalperology, incorporate a multi-faceted approach involving various strategies like grid trading and risk diversification. This flexibility may yield better results in volatile markets. The effectiveness of each system ultimately hinges on the trading style and preferences of individual users. Understanding these nuances can help traders choose a system that aligns not only with their goals but also with the realities of current market dynamics. Evaluating systems like ‘Great Breakthrough’ against established players highlights critical considerations for prospective users. The commitment to ongoing updates and user support exemplified by the EASY bots may also place them at an advantage over static solutions. 🌐💭
6. Evaluating Scalability and Flexibility ⚖️
Assessing the ‘Great Breakthrough’ system’s adaptability reveals a mixed bag of features, particularly regarding its scalability. This Expert Advisor is fundamentally designed to function within certain trading conditions, mainly targeting specific timeframes. However, its rigid setup may pose limitations when engaging with various market dynamics or when attempting to utilize different brokers with distinct spreads and trading environments. Traders seeking versatility may find that the ‘Great Breakthrough’ does not adapt seamlessly to rapidly changing market conditions. 🎢📉
Moreover, while the EA can be applied to different account types, its performance may significantly vary depending on the broker’s execution speed or spread conditions. Unlike other automated systems that offer a more flexible, multi-strategy approach, this system primarily focuses on evening trading. This limited operational window can hinder performance when market volatility occurs at other times. Thus, traders must carefully evaluate whether the fixed strategy aligns with their trading ambitions, especially when considering diverse assets or varied trading styles. ⚙️📊
7. Reliability: Updates and Support Considerations 🛠️
The reliability of the ‘Great Breakthrough’ trading system is intrinsically linked to regular updates and the quality of user support. Pavel Malyshko emphasizes the importance of improving the EA over time to enhance performance in fluctuating market conditions. Regular updates ensure that the system adapts and maintains its competitiveness, addressing potential bugs and market changes. However, past instances reveal that increased updates can sometimes lead to unintended consequences, such as the EA malfunctioning or even performing in the opposite direction, which raises concerns among users. 🛠️🔧
User support plays a vital role in maintaining trader confidence. A responsive support system can significantly alleviate frustrations, helping users troubleshoot and optimize their trading strategies. Many traders, like those using alternative EAs, have praised the availability and responsiveness of developers in addressing issues and implementing user suggestions. Conversely, any lack of support can result in deterioration of performance and user trust. Such reviews serve to highlight that for the ‘Great Breakthrough’ to sustain its reliability, Malyshko’s commitment to continuous improvement and active engagement with users will need to remain a priority. 📞🤝
8. Safety First: Risks and Management ⚠️
Understanding the risks associated with the ‘Great Breakthrough’ system is crucial for effective trading management. This EA does incorporate basic risk management features, such as a floating take profit mechanism designed to protect your deposit against adverse market movements. However, it is essential to recognize that any automated trading system carries inherent risks, especially if market volatility spikes beyond anticipated thresholds. The absence of more advanced risk management techniques can leave traders exposed during high-impact news events or sudden market shifts. ⚠️📉
Additionally, while the ‘Great Breakthrough’ allows traders to set personal risk parameters, it does not provide the extensive flexibility in risk management seen in more sophisticated systems or EA collections. For instance, tools such as risk assessment algorithms or real-time monitoring for position sizes are not at the forefront of this EA’s design, potentially limiting a trader’s ability to navigate challenging market conditions effectively. Therefore, it is imperative that users approach this system with a clear understanding of their risk appetite and a willingness to actively monitor their trades, rather than relying solely on automation to ensure safety. 📊🛡️
9. Is ‘Great Breakthrough’ a Scam? 🕵️♂️
Determining whether the ‘Great Breakthrough’ is a legitimate trading tool or just another scam requires a careful examination of both user feedback and performance claims. The system boasts a mixture of positive and negative reviews, with some users reporting substantial profits while others claim significant losses. For instance, a user noted a profit of $34 within three days but later experienced a loss of $95, calling the EA a “very big scam”. This contrast raises an important question: can potential users trust the profitability claims associated with this EA?
Many reviews echo skepticism, highlighting critical issues such as the EA’s trading behavior that does not match expectations from backtesting results. Users have expressed frustration over unfilled pending orders and trades that lead to consistent losses. These elements support suspicions that, despite some positive testimonials, ‘Great Breakthrough’ may not be delivering on its promises consistently. Additionally, traders are cautioned to invest only what they can afford to lose, as experiences broadly vary across different users and trading environments. Fraudulent claims and exaggerated performance worry many traders, emphasizing the need for due diligence and personal research before engaging with this EA. 🕵️♂️💰
10. Meet the FxRobotEasy Team 💡
The FxRobotEasy Team consists of dedicated professionals with a wealth of experience in both forex trading and the development of automated trading systems. With over 15 years in the trading arena, this team has made it their mission to simplify the trading experience for others by providing robust tools that are easy to use and understand. They thrive on research and development, continuously refining their automated trading solutions, including systems like the ‘Great Breakthrough.’ Their expertise ensures that each EA is not only user-friendly but also fortified with effective trading strategies. 🌟📈
In addition to powerful trading systems, the FxRobotEasy Team offers an extensive suite of resources tailored to support traders on their journey. These include Forex forecasts, real-time trading signals, and engaging discussions in their community forums. By providing valuable insights and transparent performance metrics, they aim to empower traders of all skill levels and keep them informed about market changes. This commitment to education and customer support showcases their dedication to fostering a supportive trading environment, making them a trusted ally for anyone navigating the complexities of forex trading. 🖥️🔍
Great Breakthrough
forexroboteasy.com
Write review
Sanjay Patel
1 review
An Excellent Trading System
Great Breakthrough is a superior trading system. It's precise, efficient and never seems to slow down. The golden wheels feature is an added bonus. I'm amazed at the consistency it provides, working flawlessly round the clock. Moreover, the developer is extremely professional, always available and promptly attending to any issues. I highly endorse this product and wish the creators all the best in their future endeavors!