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Point Zero Trading Review: Grid Trading EA with 2015 Trading Results that Can’t Be Trusted

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Point Zero Trading Review: Grid Trading EA with 2015 Trading Results that Can’t Be Trusted

Point Zero Trading has a big site where all products are published. The company provides extended information about how everything works.

Point Zero Trading features

This list shows every robot’s features that we can rely on.

Point Zero Trading Strategies and Tests

Point Zero Trading Characteristics

There are many products published, but only Arbitrage and Grid Trading EA have real account trading results. The Grid Trading EA is available on MQL5. It was published on February 24, 2019, by Arturo Lopez. The EA was updated many times. So, the current version is 18.2 (October 15, 2020). The expert advisor was demo-downloaded 1422 times.

The presentation is several lines short if we talk about explanations:

  • PZ Grid Trading EA is designed to execute deals automatically on the terminal.
  • We may not control it, and the system keeps making profits.
  • The robot executes a Grid strategy. It’s based on Grids of orders.
  • It is based on “the intrinsic wavy nature of the market.”
  • It places pending orders to enter and exit trades in one or both directions.
  • This kind of trading can generate from 20 to 200 pip of profit.
  • The system can make profits on any currency pair.
  • The robot can be set without problems on the terminal.
  • It can execute orders in any time frame.
  • The system can work without terminal indicators to spot trading opportunities.
  • It focuses on a Price Range strategy.
  • There’s no forecasting where the market goes behind the system.
  • It consistently makes profits from the market moves.
  • The Grid size can be configured.
  • We can set the risk we want to trade with.
  • The robot can work with Forex, CFD, and Futures financial instruments.

Point Zero Trading. There are useful tips.

  • There are useful tips. We don’t know why we need them if the robot trades automatically.

Point Zero Trading. There’s a settings list which we’re allowed to customize.

  • There’s a settings list which we’re allowed to customize.

Point Zero Trading Backtests

We have a GBP/USD report on the D1 time frame. The period was chosen from 2008 to 2016. The modeling quality was 99.90%. The spreads were 10 pips. An initial deposit was $10,000. The total net profit has become $17,981.97. The Profit Factor was 3.84. The maximum drawdown was 11.19%. The robot has closed 2313 deals. The win-rate was 100% for Shorts and 96,48% for Longs. The win-streak was 285 deals.

Point Zero Trading Live Trading Account Review

Point Zero Trading Live Trading Account

The developer used to trade his own, but this was five-six years ago.

Point Zero Trading Myfxbook

Grid Trading EA used to work on the real USD account. The broker house was – ForexTime. The robot worked automatically, having used technical data from Metatrader 4. The leverage was set at 1:500. The account has a verified track record badge. It was created on June 01, 2015, funded at $1,814.46. It was withdrawn several times at $518.86 in total. Since then, the absolute gain has become +228.41%.

Point Zero Trading trading results

Grid Trading EA has closed 228 deals with 14,879.1 pips. An average win was +202.84 pips when an average loss was -1448.14 pips. The win-rate was 87% for Longs and 94% for Shorts. An average trade length was two days. The Profit Factor was 2.60.

Point Zero Trading trading results

The robot was applied to different charts and financial instruments. Alas, the good trading frequency we have is only for USD/CHF (25 deals) and XAU/USD (95 deals).

Point Zero Trading trading results

The robot traded at the opening of the European session, during the high-impact news periods, and in the first part of the American session.

Point Zero Trading trading results

Thursday with 32 deals was the less traded day.

Point Zero Trading trading results

The system worked with medium risks to the account balance. To lose 10% of the account, we have to lose only four deals in a row.

Point Zero Trading trading results

The last 20 deals, before the account was stopped, were profitable. It’s hard to come up with the reason why the developer stopped making money. Weird, right?

Point Zero Trading monthly gain

The robot made some profits from June to August 2015.

Pricing

Point Zero Trading Pricing

Grid Trading EA costs $249 for a copy. We can download it as soon as we pay for it. There are three subscriptions: one-month subscription costs $49, three-month subscription costs $99, and six-month subscription costs $199. There’s a download-free copy of the product. It allows us to check settings and perform a backtest on our own.

Is Point Zero Trading a scam?

Yes. Most likely, the robot is a scam because the trading activities on the real account were stopped six years ago. The system is delivered without well-shaped settings for each currency pair.

People feedback

Point Zero Trading People feedback

One client asked for settings for trading EUR/USD on the D1, but the developer didn’t answer for half a year. Another person noticed that the robot trades without SL levels, and they should be added.

Point Zero Trading

4

PZ Grid Trading EA is a trading advisor that had 2015-year trading results. The other systems don’t even have any trading results. Of course, it’s weird and warning. The developer has made over 170 trading solutions and doesn’t bother to deposit much money on one or several robots to make money instead of making another ten robots for selling. We’re sure the system is not a viable option for now.

FXTechLab Staff
Our team consists from professional traders with over 10 years of experience carrying a mission to simplify automated forex trading for everyone.

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