Agimat Trading System Review

5000 usd balance account wiped out by this so called neural network scammer. after 6 months, i must say good bye to mr. dennis scammer ea. the last hours before blowing up, the trades martingle like grazy. i hope everybody read my testimonials. in the future, potential customers do not need to experince the same pain i felt today. if mr.dennis did not believe me, i can show him the link from myfxbook live account. btw , i used ic market broker based on his recommendation.

USDJPY trade went sour - even with hedging enabled it couldn't control risk. I manually closed trades at 70% loss on account. Looking at USDJPY now after 3 weeks it would have blown my account within days. Rubbish martingale EA.

Addition to my November 2021 review

Market conditions have changed so much since then: Inflation, USD interest rates hike, Russian Invasion and Occident sanctions, China COVID.

Agimat EA closed USDJPY series at a significant loss. I only then found out that each time a martingale trade hits 600SL (hidden), it closes it. Could have been a nightmare should he market not have reversed on the 28th around 125.030. I was using Momenta 2 and Hedge = True.

I thought I was safe but I was not. Hedging technique used is not effective and the series closed posting 25% loss on the account and 60% drawdown!. Glad there was only one pair in trouble.

I raised the issue several time with support. Also questioned why trades on their website are so different from mine (no martingale, only positive, less frequent), and how to prevent new series to start (like with Momenta =0) to avoid manually closing a series manually at a loss....

It seems suited for ranging markets. Ive tried to keep my confidence in Agimat and the team, but I can't: today AUDUSD and USDCAD seemed to break their support/resistance and I closed them annually at a small loss.

extract of trade series concerned:
Open Time Type Size Item Price S / L T / P Close Time Price
04.03.2022 20:42 sell 0.29 usdjpy 114.77 0 118.306 22.03.2022 12:52 120.77
07.03.2022 15:23 sell 0.22 usdjpy 115.26 0 118.407 23.03.2022 01:55 121.28
08.03.2022 15:37 sell 0.22 usdjpy 115.76 0 119.497 24.03.2022 16:10 121.77
10.03.2022 04:02 buy 0.22 usdjpy 116.07 0 116.368 11.03.2022 02:56 116.38
11.03.2022 04:05 buy 0.22 usdjpy 116.28 0 116.584 11.03.2022 07:10 116.59
11.03.2022 08:30 buy 0.22 usdjpy 116.66 0 116.966 11.03.2022 10:49 116.97
11.03.2022 13:30 buy 0.22 usdjpy 116.91 0 117.212 11.03.2022 19:57 117.21
11.03.2022 17:32 sell 0.67 usdjpy 116.90 0 120.46 28.03.2022 04:24 122.90
11.03.2022 20:20 buy 0.22 usdjpy 117.19 0 117.497 14.03.2022 01:32 117.50
14.03.2022 03:14 buy 0.22 usdjpy 117.53 0 117.837 14.03.2022 05:43 117.84
14.03.2022 07:01 buy 0.22 usdjpy 117.83 0 118.132 14.03.2022 22:36 118.13
14.03.2022 08:11 sell 1.33 usdjpy 117.75 0 120.569 28.03.2022 10:26 123.75
14.03.2022 23:49 buy 0.22 usdjpy 118.17 0 118.475 16.03.2022 18:28 118.48
15.03.2022 04:07 sell 2.00 usdjpy 118.25 0 120.751 28.03.2022 11:36 124.25
16.03.2022 19:44 buy 0.22 usdjpy 118.50 0 118.8 16.03.2022 21:00 118.78
16.03.2022 22:29 buy 0.22 usdjpy 118.65 0 118.952 17.03.2022 01:22 118.96
17.03.2022 02:18 buy 0.22 usdjpy 118.87 0 119.177 18.03.2022 15:50 119.17
17.03.2022 05:00 sell 2.66 usdjpy 118.75 0 121.02 28.03.2022 11:48 124.75

Nov 11, 2021 - 5 Stars I have been running it for over 12 months . It delivers 6 to 8% monthly and runs a floating PnL between 5 an 20%. it runs on 4 borkers, just about the same. I just make sure all connections are online and VPS uptodate. it's so nice to be able to count on this steady returns!

Feb 16, 2021 - 5 Stars Agimat EA is running live since Nov 25th on a usd5k account AxiTrader MT4 with a 70usd per month VPS from Commercial Network Services NY. No other EA are running on this MT4 instance. server is 1.5ms. Installing was so simple. I did set Hedging = True! besides that, default settings are good as is. Support from Agimat is reliable, professional, timely and friendly. Performance has been, since day 1, steady and linear, with all recommended pairs, at 10% per month and max draw of 6-8 %. This EA is a breather and its hedging has enabled it to navigate skillfully through US elections and Christmas. I recently purchased a second license and run it on same VPS but with ab IB account on ICMarkets with 2.5-5ms response time and an getting same performance. Really, I've been at since mid 90s and this EA, whilst a black box, demonstrates all characteristics I've been looking for. looking forward to scaling my account up! Congratulations to Agimat team!

Reply by Dennis submitted Apr 25, 2021 We highly appreciate your review. I am happy that you can confirm what we explain on our website.

Reply by Dennis submitted Nov 22, 2021 Thanks a lot, I highly appriciate your long-term support.

I know Dennis from quite a few yars ago. He sells total garbage. He literally puts together freely available indicators, changes a few colors adds a template and than sells it as some super great trading system. In my book he is everything that is wrong with the retail trading industry.

I used to work with retail algo developers and after seeing the disgusting ethics I quit working with them. I ended up working for the Professional banking industry as a coach and educator. I still consider my days within the scam industry as important for my succes. Thanks to a few scammers I started using my research skills from University and applied it to trading. But it still hurts seeing there retail scammers still around after many years.

I have tha Agimat EA running on a VPS server since August 2021. Dennis and his team helped me install and set up everything, very straightforward, at no extra charge. No message I sent them took more than a day to get answered, despite of the different time zones we live in.

The EA generates an average of 0,9% per week with Zero risk. I mean, it just uses 1-3% of my funds. This can by the way be increased if you need more action!

Since 22 weeks it always closed the week in PLUS. That is 80 to 90% gain per year. That is amazing with no sleepless nights.

I decided to increase my funds, because I trust it. I have 20.000 £ on the account now.

The price for the EA ridiculous. I know that Dennis doesn’t NEED the money, but he could definitely charge more for the service and development they deliver.

BIG THANK YOU

EA seems to be a low risk, low volatility EA. I am very please with it so far. I have been using the EA for nearly 5 months now and its made about a 35% return not compounding which I am very happy with. At this rate I expect the account to almost double in a year. I have seen a DD of 25% once with the rest of the time DD sat between 1 - 12%. It always has traded in the market so you will always have DD. i have also seen it close a basket of trades resulting in a very small loss. This has given me further confidence that it wont blow the account. During this period I have been running a few other very good EAs all of which have got into trouble and taken significant losses so the Agimat EA has done well to survive these market conditions. In summary great EA, cheap for the price, as with all things in the market money management is key and don't get greedy. On that basis the EA looks to be a great long term addition to the portfolio.
p.s. i should add that Dennis has been very helpful and response on email which gives further confidence for the long term viability of the EA

Very nice tool...you just need to compare the signals with currency strength, if you do so most accurate signals you will get. Thank you Dennis.

Trading with Forex with regular day job is hard. Agimat Forex EA make it stress free. I have ran the EA since 2018. The result is consistent with average 5% gain every month. The average gain is up to 8% with EA upgrade in 2021 from January until now.

Dec 6, 2019 - 5 Stars I am using Agimat EA and SSI EA. Both products are excellent. I got 12% average return from Agimat EA since June, 45% return from SSI EA since September. Thanks for all your hard work Dennis.

Reply by Dennis submitted Dec 24, 2019 Thank you for your review, highly appreciate that.

Had the E.V.E. System for about a week and it's pure garbage. It promises that it never repaints, and guess what? It repaints! The creator of E.V.E., Agimate, FSO Harmonics is Dennis Buchholz - he's a liar. Lucky, I received a refund by submitting a claim through PayPal - Dennis did not cooperate.

Years back I was so sceptical about an EA for Forex Trading. I just go with stocks trading. But then, I need to diversify my investment and it's about time to increase risk. I don't understand much about Forex Trading, technique and strategy, only basic from reading books and seeing demo account. An EA might be the solution while prep myself for full manual trading.

There are lots of EA available, and it took months for me to review. I skipped Agimat first since there's no refund policy. And only little info available about it's live performance from users (room for improvement?). But, those little info is well enough for me to decide that I'll go for Agimat EA. No refund? Dennis are very sure about his product, and yes, to prevent an alteration from trial version. I can find people asking for hacked Agimat EA on other forum.

I started on demo only for few days, just to familiarize myself first. Then straight to open two live accounts. I follow the instruction without altering any setting (i don't understand). One license can give you two accounts (demo and/or live), this is consider generous compare to the performance (please don't rise:) ).
I read through the guidance at their website to maximise Agimat EA to its full performance with all the expected risk.
I did have an issue with the performance of the bigger balance account. Dennis & his support team jump in to assist, and now I am satisfied with the result of both account.

Some said it's a black box, some laughing on neural network system, it's up to them. But then, by owning this EA, I can see and learning how it works, when the market is flat, when important news released, when passing weekend. Whatever criticism being thrown at, what matters and importance for me is the result. I just follow the instruction, not to get greedy and intervene at all. Just set and leave it doing it's work.
Both account are giving me profit >10% for past two months.
I am continuing learning with Agimat EA, and soon will open another live account with the profit made. Means will purchase more licenses.

God bless Dennis & his team & Agimat EA.