Expert Review of Mean Machine EA by William Brandon Autry
Should You Buy Mean Machine? We don’t think so.
While Mean Machine EA has potential, it doesn’t justify its steep price tag or hilarious AI claims.
Mean Machine EA, developed by William Brandon Autry, is a popular MT5 Expert Advisor with a striking lion-themed branding and bold claims of Artificial Intelligence integration. Priced at $1,537.67, it positions itself as a premium product, but its unique value proposition is questionable. The EA claims to leverage cutting-edge AI technologies, including OpenAI, Anthropic, Google, Meta, and others—claims that appear implausible given the limitations of MT5’s infrastructure.
Additionally, buyers receive one free activation of GoldPhoenixGPT, a similar EA, though its added value is debatable.
Key Features
- Trading Pairs: Focuses exclusively on AUD/CAD, AUD/NZD, and NZD/CAD, a selection reminiscent of older systems like Waka Waka EA for MT4.
- Artificial Intelligence: Claims to integrate AI from top tech companies, which seems overly ambitious and highly unlikely.
- Martingale/Grid Strategies: Based on live performance, the EA appears to use Martingale and grid systems, strategies known for their high-risk nature.
- Self Training Neural Network: The developer states this technology is used, but fails to explain how it’s possible given the large data feeds it requires to function correctly.
Backtest Snapshot
The backtest in progress highlights the EA’s trading logic, with visible patterns of scaling positions that align with grid or Martingale strategies. These approaches often promise short-term gains but carry significant drawdown risks.
Performance Details
The live signal for Mean Machine EA, active since September 2024, offers some insights into its real-world application:
Key statistics from the signal:
- Deposit: A modest $148, surprisingly low for an EA priced over $1,500. This undermines the developer’s confidence in their product.
- Growth: Achieved 47% growth in about three months, which is decent but not groundbreaking.
- Drawdown: A 13.8% drawdown, relatively high for such a short operational period, considering the limited deposit.
- Algo Trading Activity: The signal reports that 97% of trades are algorithmically executed, leaving 3% managed manually. This is concerning for a system marketed as fully automatic. The manual intervention raises questions about the system’s reliability and performance during critical periods. If the owner had to step in to manage trades, it suggests the EA might struggle to handle certain market conditions independently.
This mix of algorithmic and manual activity is a red flag, as it undermines the claim of the system being entirely automated. It makes one wonder why the developer needed to intervene and whether the system requires constant oversight to mitigate risks.
The signal’s small deposit size raises more concern. For a system touted as premium and profitable, one would expect the developer to showcase confidence by trading with larger capital.
Comparisons and Observations
- Similarities to Waka Waka EA:
- Like Waka Waka, Mean Machine trades the same three Forex pairs and looks like it relies on comparable strategies of grid and martingale.
- Waka Waka, however, is priced significantly lower in our store, offering similar performance at a fraction of the cost.
- Questionable AI Claims:
- The integration of advanced AI systems (e.g., OpenAI) into MT5 lacks technical feasibility. Such claims could be marketing hype rather than reality.
- Risky Strategies:
- The reliance on Martingale and grid methods makes this EA unsuitable for risk-averse traders. While these methods can deliver rapid gains, they are notorious for wiping out accounts during volatile market conditions.
User Feedback (From customers on MQL5)
Real reviews from users paint a mostly positive picture:
AI Functionality: While the EA’s AI claims remain under scrutiny, users report that it genuinely utilizes AI technologies for trading decisions.
Ease of Use: Many appreciate William’s attentive support and guidance during the setup process, even for non-tech-savvy users. One user noted that William responded quickly and provided clear, thorough answers to questions.
Performance: Users report consistent gains:
20% profit in December on a demo account with drawdown below 10%.
2.5% gain in a week on a live account with room for scaling up lot sizes.
Community Support: The developer has created a chat room for users to share experiences and insights, further enhancing the user experience.
Pros and Cons
Pros
- Eye-catching branding and professional presentation.
- Positive early reviews on the MT5 platform.
- Decent growth of 47% in three months.
Cons
- Unrealistic claims about AI integration and Neural Networks.
- Extremely high price point for a product that is only a few months old.
- Pressure selling tactics – “Limited licenses left before the price rises”
- Small signal deposit undermines confidence in the system.
- High drawdown for such limited growth.
- Similar to older EAs like Waka Waka, offering little innovation.
- Live signal isn’t 100% algo trading, indicating the developer has manually intervened in his trades.
Final Verdict
Mean Machine EA promises a lot but struggles to justify its steep price tag of $1,537.67. While the live performance shows moderate growth, the small deposit size and high drawdown suggest a lack of developer confidence. The EA’s similarity to older systems and reliance on risky strategies further detract from its appeal. The claims about incorporating AI and Neural Networks into the EA is most likely not true.
The screenshots of the live signal and backtest provides additional transparency, but the overall value proposition remains unconvincing. For traders considering Mean Machine EA, alternatives like Waka Waka or Boring Pips offer comparable performance at a fraction of the cost.
Rating: 5/10 – Overpriced and overhyped. We recommend avoiding it.
Here are some other products you might find interesting:
Boring Pips EA – one of the best expert advisors we’ve seen and worth every penny when used correctly. It uses a very similar strategy to Mean Machine.
CyNera EA – Specifically tailored to trade Gold with precision, adaptability, and strong risk management. It has a live signal with over 421% profit.