Iron Stops sits at rank 2 on the MT5 bestseller list in the MQL5 Market. It is one of the products most people are looking at right now. Here is what our archive holds on it:
Between our readings on 23 August and 26 August the published record gave ground: the profit factor from 106.29 to 1.63. Equity after 3 further trades stands at 100,670 USD instead of 100,899 USD. Deposits and withdrawals stayed the same over that span, so the move comes from trading.
The history holds 6 trades across 2 weeks so far. That means this product's performance is not yet proven: too little time and too few trades. We call it neither good nor bad, we keep watching. It becomes judgeable for us at 8 weeks and 30 trades.
At least 5 of the 42 buyers gave the lowest score (average 4.50 out of 5). Ratings can be bought, which is why the bad ones weigh more.
Our archive read the listing at 580 USD on 26 August and at 349 USD on 28 August. Whether the product is worth that is not something our archive can measure. What changed, it can.
Where the field stands today
How the products we have classified spread across the four risk classes.
Based on 750 classified products.
Gone from the market, still on file
These products left the market while we were watching them. Our classification stands.
- BB Return mt5last classification: Stop discipline observed
- BB Return mt4last classification: Stop discipline observed
- XAU Precisionlast classification: Open tail risk
- DrHedgelast classification: Open tail risk
- Ride The Compoundlast classification: Escalation on record
- Helios Gold AIlast classification: Stop discipline observed
- Goldex AIlast classification: Structure unverified
- Diamond Quant MT5last classification: Open tail risk