AI Generate Trading System promises robustness and the ability to make consistent profits in the Forex market place. According to the developer, AI Generate Trading System was created after he had searched for a reliable trading software that had been back-tested for 10 years and failed to find one. So that is the reason he decided to come up with his own software. This search allegedly took him 3 years. So the question is how come that this person moved from searching a reliable trading system to being a developer who manufactures trading systems? Can they be trusted to have the skill of successful trading or is it that anybody can create a trading software these days?
In this review, we will let you know whether the creator of AI Generate Trading System is reliable and can be trusted or not. To capture the description of this product properly, we will go through the details of this developer, their past products and whether or not they have demonstrated the skill to create trading systems that generate profits on a consistent basis.
The name of this developer is Sukhum Butrkam, and they come from Thailand. Their MQl5 profile shows that this is the first product that they are developing. While this is good, it could also indicate that this developer does not have a significant amount of experience with developing different types of trading systems. In fact, many traders will discredit this guy based on the fact that they have only created one trading system.
On the positive side of things and AI Generate Trading System being the first and only product that this developer ever released, it could mean that the creator of the software is intending to focus on the development and success of this one system. Because all their focus is on one product, rest assured that they will be addressing all the issues that are currently affecting the trading system.
Since this developer is selling on their MQL5 sales page, you can contact them on their sales page for more info. But before you do so, you need to read this review until the end because we are yet to discuss some very important things.
The first thing we notice with this software is that unlike many trading systems in the market place right now, the AI Generate Trading System comes with 8 different trading strategies, and we think this number is still growing if the developer will maintain the current tempo. At the top of the sales page, this developer also runs notices of their next update to keep customers focused on what’s coming next. The reason this developer wants to focus on this software alone is because they believe that the 8 different strategies may not work in the future if market conditions change. So they have to keep updating to stay upbeat with what the market is doing and also to avoid a huge draw down in the process of using AI Generate Trading System to trade the Forex market.
👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it. What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.
The developer also tells us that this system uses a genetic algorithm in order to ensure that it is robust and that it is handling every market situation efficiently. However, there is the issue of not been transparent enough with these strategies. The developer does not explain what these strategies are, and the inquisitive trader may not be very satisfied by the mere fact that the developer is only going over these issues without really explaining the things that matter.
It would have been good if they went through each one of the 8 different trading strategies of the AI Generate Trading System and explain how these strategies are working together to give us the kind of results that the developer is flaunting. Otherwise, we might be tempted to think that this is yet another MQL5 trading system that loses money.
So we are only hoping that next time the developer of AI Generate Trading System will be more specific about their strategies and how they work in this software. In the meantime, we won’t condemn the developer for this mistake as it is the common trend among developers in this market place.
It trades 5 different pairs namely EURUSD, AUDUSD, GBPUSD, USDJPY and USDCAD. The reason as to why it cannot trade the other pairs has not been given. The developer also tells us that this system needs a minimum deposit of at least $1,000.
The cost of one license is $1,400, which is quite the norm in the MQL5 market place. Most trading systems on this platform are over-priced. So it is very clear that this developer is targeting traders with deep pockets. There are many good expert advisors in the market that cost way less. So to price an expert advisor for $1,400 is totally nonsensical.
They should probably consider reducing this price in order to compete fairly with other industry giants. Otherwise, very few people can consider purchasing this system. It simply does not make sense.
Currently, the software’s performance is being tracked by FXblue platform. However, the total gains are slightly over $200, and this tells us that the developer has not even proved that the software is able to recoup the price of its license.
The AI Generate Trading System also has an account with myfxbook. This account is hosted by a broker called Swissquote Bank brokerage. This myfxbook account shows that the AI Generate Trading System has gained slightly above 23% with a draw down of just 6% in the last 3 months. These are impressive numbers.
This developer is running a $1,000 account and according to those numbers, we can see that the developer has made a profit of slightly below $300 in the last 3 months.
AI Generate Trading System impresses with the numbers. However, the price point for this trading system is not good, and we feel that the developer will lose many customers along the way. If you want a good robot, just pick one here.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.