The Aeron Expert Advisor is a robot that uses Grid and Scalper trading strategies. The presentation looks like we’ve got a 20-year comeback.
If we visit the website for the first time, we see the offer to exchange our email for getting the latest spam about the robot.
How Aeron Scalper plus Grid Works
The presentation has just several lines about how the system works:
- The robot works on the terminal automatically.
- The main strategy is scalping.
- The EA is a frequency traded expert advisor.
- The robot uses Grid and Hedge strategies in addition.
- The system sets Stop Loss and Take Profit levels for each deal.
- The money-management system can calculate Lot Sizes for us based on the risks.
- The robot works well in stable and volatile markets.
- Aeron Scalper is designed only for trading on the MetaTrader 4 platform.
- It trades on the M1 time frame. It’s the lowest time frame available on MT4.
- It works with EUR/USD, EUR/JPY, USD/JPY, CAD/JPY, and AUD/CAD.
- The robot can be run on the PC terminal as well as on the VPS service.
- It can open trades when the spreads aren’t more than five pips.
- The presentation includes a settings list.
Applied Strategies
- The robot uses Scalping, Grid, and Hedge strategies.
- It works with EUR/USD, EUR/JPY, USD/JPY, CAD/JPY, and AUD/CAD.
- It trades on the M1 time frame. It’s the lowest time frame available on MT4.
Aeron Scalper plus Grid Trading Results
It’s a real USD account that was created not so far ago, on January 5, 2021, and deposited at $2000. Since then, the absolute balance has become $11543. The margin level is high – 14,223.1%.
The total return is +74.3%. An average monthly return is +29.0%. The maximum drawdown is 0.2%. The average win-rate was 77.5%. The Profit Factor was 1.31. The average trade frequency is 2.6 deals daily. The account is live for 65 days.
The Risk/Reward Ratio is 5.61. The average trade length is 28 hours. An average win +$49.62 when an average loss is -$130.72.
The system works only with EUR/USD.
As we can see from the spreadsheet, the robot trades both directions equally by orders, but the most profitable is the SELL direction with $1437 of profit.
The first strategy has traded 123 deals, having brought -$76.53 of losses.
Most traded days are Thursday (47 deals) and Friday (44 deals), when the most profitable are Wednesday ($711.97) and Friday ($553.04).
The robot trades during European trading hours.
Pricing & Refund
There’s nothing changed. The robot still costs $230 for a copy. As we can see, the developers forgot to switch the price to $349 for a copy. We don’t know if the developer provides any kind of a refund policy.
People feedback
We’ve got a page on Forex Peace Army on the Aeron site. There are eleven reviews with a 2.026 rate. There are five accounts connected to it. Alas, they do not look quite profitable and successful.
Clients noticed that the system didn’t work for them.
Another negative review was about trading frequency.
As we can see, negative testimonials were not only about the robot but about the suggested broker houses as well.
Other notes
The company provides a list of the brokers with a referral link to register.
