I subscribed to the EA and ran it for 3 months, the EA was profitable until big events. The developer emailed to users to shut it down a week or so before the big events, but since the EAs was running full strength and in draw down phase, I had no choice but close all positions at a loss. I loss $350+ in my $3K account. The EA slowly rebuild the loss and made it up in 1 month.
Because of the nature of the grid + Martingale system, most of the time the EA is in draw down phase, adding positions until the market makes a turn and it recoups all the losses plus profit. It is certainly not for the weak minded, plus require deep pocket.
Then 2 weeks ago due to the Italy issue the developer again emailed us to close positions before the Sunday referendum. The EA was again in its Draw Down phase of -$1500, so I waited, so did the developer. After Italy referendum the DD narrowed to -$400,. then without warning, the developer suddenly cut all losing positions, and the EA started a new cycle. I did not follow, I thought it would go back to "normal". it did not. It continued to grind back to DD of -$1500. I combined my another $5K AC added to top up my account to $8K, hopefully to weather the storm.
Then came FOMC, the DD jumped to $ 2.5K, then when it reached my thrusthold of -$3K DD, I closed all positions and removed the EA. I ended up losing $2,5K plus the $500 subscription fee.
What I don't like the EA is that it requires human interpretation, and you must close all positions before big events, most of the time in a loss, in order to avoid bigger losses if you don't. In my case, I loss $3K - $400 profit made in 2.5 months.
Even if I closed all losing positions (-$400) when the DD narrowed on Monday, it still wiped out all 2.5 month's profit.
So what you see from the live account is not you get, and you don't know the fact behind it. I watched the live account for 3 months before subscribing, but the developer never told watcher that you need to use your judgement to close all trades (almost always in losses) before the big events.
I learnt another hard lesson. Although using a different name, I also learnt that the developer is actually the same one as 2 products that have -ve reviews all over the internet.