Developer
AlgoVerdict
AlgoVerdict is Pitt Petruschke's brand for MetaTrader Expert Advisors and tools, sold on Algo Trading Space.
- Platforms
- MT5
- Robots on Algo Trading Space
- 4
- Live accounts tracked
- 3
About AlgoVerdict
AlgoVerdict is the brand of Pitt Petruschke, a developer and algo trader based in Germany. Under this name he builds Expert Advisors and tools for MetaTrader, and he runs algoverdict.com, an independent review site for algorithmic traders. It grades EAs, brokers, prop firms and VPS with one published formula, and it never grades his own products.
On Algo Trading Space he sells five products. Dawnbreak trades one range breakout a day, with a stop on every trade. Fairway is a grid EA for AUDCAD M5 with a hard basket stop. Snapback Pro EA trades against stretched moves as a linear grid on up to 20 pairs. RecoveryPilot locks a losing trade and pays it off part by part. Drawdown Minimizer is a utility that uses saved profit to close the oldest losing positions of the EAs you choose.
His products are sold here only through our checkout. After the purchase you download them from My Account. They check their licence online, so you allow https://algotradingspace.com once under Tools, Options, Expert Advisors in MetaTrader. Every product page says which positions trade without a stop, where a grid is used and who should look elsewhere.
Robots · 4
Every AlgoVerdict robot, on Algo Trading Space.
Open a robot for its markets, timeframe, platform and price. Each robot page has its live accounts, backtests and reviews.
DawnbreakCommodity Bots
Dawnbreak trades one range breakout per day on gold and the DAX, with a stop on every trade and no grid. See the backtests, failed markets and risks.
- Symbols
- BTCUSD, EURJPY, GBPUSD, GER40, US30, XAUUSD
- Timeframe
- H1
- Platform
- MT5
- Strategy
- Breakout, Intraday
Sold on Algo Trading Space
FairwayForex Trading Robots
Fairway is a grid EA for AUDCAD M5 that trades stretched moves back to the mean and closes a losing basket at a hard basket stop. See the backtest with and without the stop, the scorecard dashboard and the risks.
- Symbols
- AUDCAD
- Timeframe
- M5
- Platform
- MT5
- Strategy
- Grid
Sold on Algo Trading Space
RecoveryPilotForex Trading Robots
RecoveryPilot locks a losing trade and pays it off part by part on MT5. See how version 1.2 works, its safety limits and the risks of grid and zone mode.
- Symbols
- All symbols
- Timeframe
- Any (Timeframe Irrelevant)
- Platform
- MT5
- Strategy
- Partial recovery
Sold on Algo Trading Space
Snapback Pro EAForex Trading Robots
Snapback Pro EA trades against stretches beyond yesterday's range as a linear grid on up to 20 pairs. See the sets, the backtests and the stop-out case.
- Symbols
- CADJPY, EURCHF, GBPCAD, NZDCAD, NZDCHF, NZDUSD, USDCAD
- Timeframe
- H1, M15
- Platform
- MT5
- Strategy
- Grid
Sold on Algo Trading Space
Accounts · 3
Track records of AlgoVerdict’s robots, the losing ones included.
Every account that runs one of these robots: ours, marked ATS team, and AlgoVerdict’s own, marked Vendor. Our Account Tracker reads each one straight from the broker, and the losing accounts stay on the list. Accounts that mix several developers’ robots are on the robot pages only.
How AlgoVerdict works and supports its robots
Read from the robots’ own pages: the support and reliability we rated, the strategies they trade, who they suit.
- Strategies
- Breakout, Intraday, Grid, Partial recovery
- Experience level
- Intermediate, Advanced
How AlgoVerdict Builds Its EAs
Rules You Can Read
Each EA follows fixed inputs, and its page explains every rule from entry to exit.
Risk Named Up Front
The pages say plainly which EAs use a grid, which positions have no stop loss and what can go wrong.
Testable Before You Trade
The EAs run in the MetaTrader 5 Strategy Tester, so you can check every set with your own broker's ticks first.
Built for MetaTrader
All EAs run on MetaTrader 5.
Read more
All EAs run on MetaTrader 5. Drawdown Minimizer is also available for MetaTrader 4.
His Own Live Accounts
Where Pitt runs his EAs on his own live accounts, our Account Tracker follows them and shows them here with a Vendor badge.
What you get when you buy
- You pay in our shop
You pay in Algo Trading Space’s shop: secure checkout, VAT handled, refunds through us.
- Licence and download right after payment
Your licence and download arrive right after payment, either in My Account or by email from the developer, as each product says.
- Setting it up
Follow the developer’s setup guide for the licence and the MetaTrader settings.
Questions About AlgoVerdict
Who is behind AlgoVerdict?
Pitt Petruschke, a developer and algo trader based in Germany. He builds the EAs and tools and runs algoverdict.com, a review site for algorithmic traders.
Where do I buy AlgoVerdict products?
Here on Algo Trading Space. The buy buttons go to our checkout, and after the purchase you download the files from My Account.
Which platforms are supported?
The EAs run on MetaTrader 5. Drawdown Minimizer is sold for MetaTrader 5 and MetaTrader 4; you choose the platform at checkout.
Why do the EAs need WebRequest?
They check their licence online. Allow https://algotradingspace.com once in MetaTrader under Tools, Options, Expert Advisors, "Allow WebRequest for listed URL".
Are there live results?
Where Pitt runs his EAs on his own live accounts, our Account Tracker follows them and they appear on this page with a Vendor badge. Some of these accounts are only a few weeks old. Past results, in a backtest or on a live account, don't guarantee future results, and trading with an EA can lose money.
Who helps me with an order or a licence?
Our support team helps with orders, downloads and licences. Questions about how a product trades go to the developer.
Risk disclosure
Past results, in a backtest or on a live account, don’t guarantee future results, and trading with an EA can lose money. Trading foreign exchange, CFDs, and other financial instruments carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment.Run AlgoVerdict’s robots next to ours.
Connect your account to the Account Tracker: equity, drawdown and every closed trade, in one place.