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To be honest I don't like Grid trading systems - usually they have no stop loss, they generate huge floating loss. They make tons of small profitable trades and then blow away everything taking the large loss. Gridbot is nothing different here. Take a look:
The GridBot backtest results look bad:
Our forward test showed the similar picture.
The bottom line is -total crap with a good marketing which is totally cloned from fapturbo robot marketing..
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