The Vados MM is an expert advisor that is currently located within the MQL5 store. There is another similarly names expert advisor, so ensure you know which one we are talking about we have provided the link to it below. The current version of this expert advisor is version 2.4, it was last updated on the 18th of December 2019.
Overview
The Vados MM expert advisor is designed to work with the MetaTrader 5 trading platform. It is a fully automated expert advisor and works on 28 different pairs at the same time. The expert advisor does not use the martingale strategy, and it comes preconfigured.
It has a number of different parameters that can be changed to suit your style including things like grid sizes, slippage, lot sizes, and more.
There isn’t much more information given about the expert advisor such as entry requirements or more, so it sem slike it will use a grid system to trade.
Service Cost
The expert advisor cannot be bought instead it will be rented, there are different pricing for different lengths of time. To rent it doe 1 month it will cost you $190, to use it for 3 months it will cost you $490 and to rent it for 6 months it will cost you $890. There is also a free version available, but we do not know if any functions are removed or how long it will last for.
Conclusion
This expert advisor currently has 10 different reviews on MQL5, 8 of these are 5 stars, there is one 3 star review and one 1 star review.
5-Star Review: “Highly Recommended! Amazing support from Vadym! Every time I asked some questions, he explained in detail, so I can understand everything. In the very beginning he asked me to send him pictures, so he can be sure I set the EA correctly and everything runs smoothly. I have 5 accounts running with Vados. The results are amazing! It’s the best EA I’ve ever used!”
3-Star Review: “If you buy expect to live constantly in DD (quite big) Also some errors from the developers could be avoided, and some have been understood only after 1 client burned his entire account. I would really suggest anyone WAIT, at least 6 months, 1 year, to really see if this EA can be profitable in the long term as they say.”
1-Star Review: “Floating dd is not my thing. You don’t wanna be stuck when you want to withdraw money. If you don’t trust me msg all below users and ask for their live stats results. As for support, admins said it’s our fault choosing this ea and investing money. I don’t recommend this and does not deserve a star at all!”
So as you can see there is a range of reviews, the negatives mainly focus on the floating drawdown, we would suggest using the demo version to test out the expert advisor prior to purchasing.
This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/40993
