EA review · Updated
Global Trade Plan EA Review
- Strategy
- Trend-Following
- Live return / max. DD
- No live account tracked by us. Worst drawdown measured in other sources: 64.5%.
- Price
- $399
trend-following on XAUUSD by MeetAlgo. Verified account, max drawdown -1,2 % — calmly run.
How we checked
- Reviewed by
- Pitt Petruschkeruns AlgoVerdict · MethodologyLive data from our EA park (Space Tracker), ATS accounts (Myfxbook)
- Last checked
- facts, score and evidence as of this date
- Evidence (3)
- Our own measurement (Waterline fingerprint) · 3 accounts · 273 days · own drawdown 64.5%
- Account 494207 · Live · Black Bull Group Limited · 289 days
- Product page (AlgoTradingSpace) · links the live/funded accounts (Myfxbook-fed)
- Changes
No changes documented yet.
AlgoVerdict score
Weighted from 6 criteria — weighting in percent.
- Live track record25%
- 4.2
- Strategy risk20%
- 1.9
- Transparency20%
- 4.2
- Value for money15%
- 3.6
- Usability10%
- 3.8
- Broker independence10%
- 4.5
- Strategy
- trend-following
- Market
- XAUUSD
- Platform
- MT5
- Price
- $399
- Vendor
- MeetAlgo
- Source
- AlgoTradingSpace
- Verified live track
- null · max floating loss null · 289 days (ATS)
- Verified live/funded track at ATS (null, max floating loss null)
- Calibrated setfile, onboarding & support via ATS
- Automated EA — no substitute for your own risk management
- Past results are no guarantee of future returns
What Global Trade Plan EA is
Global Trade Plan EA by MeetAlgo is a trend-following EA on XAUUSD (MT5), sold via AlgoTradingSpace. We classify it independently — by strategy risk, verified live track, transparency and value, not by vendor promises.
Live results & track record
AlgoTradingSpace runs one public, calibrated real-money account for it (289 days). Its most telling account shows null at a maximum floating loss of null (Black Bull Group Limited). That is real money, not a polished backtest.
Strategy & risk
The trend-following approach sets the risk profile. The approach uses defined entries/exits; what matters is whether the live track confirms the backtest picture. What AlgoTradingSpace adds is calibration with a fixed risk cap instead of the aggressive vendor default — exactly the ceiling any EA needs.
Cost & usability
Price sits at $399. Via AlgoTradingSpace you get a setfile, onboarding and support — the EA doesn't have to run blind on the vendor default. The documented track is from Black Bull Group Limited.
Who it is (not) for
Suitable for traders who accept a documented live track and run the EA calibrated via ATS (with a risk cap) and budget it as *one* building block. Not suitable for small accounts without a buffer or for anyone who mistakes a smooth backtest curve for a guarantee.
Verdict
Global Trade Plan EA lands at 3.6/5 — better avoided in its current form. The verified ATS live track is the strongest argument.
Drawdown profile
How deep did this EA go under water? We deliberately plot drawdown and not an equity curve: a backtest curve always ends in the top right, but drawdown decides whether an account survives. Every bar comes from a real account, none from a backtest.
How the strategy trades
A schematic simulation of the strategy type we assign Global Trade Plan EA to — not a replica of this EA and not real price data.
How it works
- Two moving averages show the direction: EMA 9 (fast) and EMA 21 (slow).
- While the fast one is above the slow one the EA is long; when it crosses below, it exits.
- Small false signals cost little – the one big trend brings the profit. If it never comes, the small losses pile up.
What we check
What we check on real trend EAs: how long sideways phases last, how deep the run of small losses in between gets – and whether the account can sit through it.
Demonstration values: a simulated EURUSD path with 0.10 lots and $10,000 starting capital, deliberately favourable – every basket and every trend works out here. Not a real trading strategy, not a backtest and not investment advice.
Verified live / funded accounts
Real accounts AlgoTradingSpace publicly links for this EA (Myfxbook-fed). Max floating loss is the most honest risk figure — how deep open positions ran into the red at their worst.
| Account | Gain | Avg mo. | PF | Max floating loss | Age | Trades | Broker |
|---|---|---|---|---|---|---|---|
| Live | — | — | — | — | 289d | — | Black Bull Group Limited |
Frequently asked questions
- Which markets does Global Trade Plan EA trade?
XAUUSD. Mind the symbol: brokers name commodities differently (XAUUSD, GOLD, XTIUSD, USOIL and so on). Checking Market Watch before attaching the EA avoids the most common setup mistake.
- Which platform does Global Trade Plan EA run on?
MT5. Continuous operation needs a VPS, because a sleeping machine leaves open positions unattended: VPS providers compared.
- What does Global Trade Plan EA cost?
$399 (as of our last check). We take prices from the vendor, ATS or MQL5 product page, not from marketing copy — that often quotes different figures than the buy button.
- How large is Global Trade Plan EA's drawdown?
Across the accounts we see for this EA the largest decline is 64.5% — measured on our own account, counting only this EA's trades. That is the figure to size positions against, not the calm average. Where we hold further accounts or a longer vendor track, their numbers are above in the review: position sizing and risk per trade.
- Is Global Trade Plan EA any good?
Our grade: 3.6 out of 5, traffic light red — avoid. It comes from six criteria, weighted most heavily towards the verified live track record and strategy risk. We rate from real accounts, not vendor backtests, and no EA vendor pays for ratings — the weighting is public in our methodology.
- Is there a verified live track for Global Trade Plan EA?
Yes. We run this EA ourselves and measure its trades in isolation (289 days). The figures in this review come from those accounts, not from vendor backtests.