We’ve got the EA Smoke system published on the MQL5 community. It was released on July 02, 2021. The system was downloaded 185 times for testing and demo checking.
How EA Smoke Works
The system has the next features, settings, and details:
- Smoke EA was designed by the developer to run charts completely automatically for us.
- The system is available for $149 only for the last three copies.
- The next price will be $449.
- We’re sure that trading results don’t match the final price.
- The system works based on trend indicators.
- The advisor makes little profitable trades working on the trend direction.
- The developers claimed that the robot doesn’t execute strategies like Grid, Martingale, Doubling, and (Cost) Averaging.
- We are allowed to work with USDCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD.
- M5 is the only time frame to work with.
- The account should have the amount of money to have $50 for every symbol.
- We have to use it on the low slippage brokers.
- The ECN account is a crucial option.
- We have to work only with low spreads.
- The leverage is 1:500.
Applied Strategies
- It looks like it’s scalping in the trend direction.
- We have the next pairs to trade USDCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD.
- The time frame is M5.
We’ve got a EURUSD backtest on the data period from 2203 to 2021. The time frame was M5. The modeling quality was 99.90%, with spreads of 5 pips. The developers set an initial deposit at $50. The total net profit was $18,158,497. The profit factor was 1.81. The maximum drawdown was 12.02%. It’s not high drawdowns as for a backtest report. The system traded 4182 orders. The accuracy rate was 76% for shorts and 79% for longs.
EA Smoke Trading Results
EA Smoke has been running a real USD account on RoboForex automatically. This broker is quite known and welcome for automatic trading. The other parameters are: MT4 terminal, 1:500 leverage, and verified trading results. The account was issued on June 14, 2021, deposited at $1040 and withdrawn at $1000. Since then, the absolute gain has become 7.2%. An average monthly gain is 5.04%. The maximum drawdown is 7.92%. No one tracks these trading results.
The robot has traded 88 orders with 78.3 pips. It’s quite a low result for a professional trading solution. An average win is 3.44 pips when an average loss is -4.31 pips. The accuracy rate is dangerous – 65-68%. An average trade length is 1 hour 15 minutes. The profit factor is 1.21 only. A good profit factor starts from 1.6.
The system traded EURUSD 43 times but provided only $0.70 profits. It’s surprisingly bad.
It’s a night scalper that works on the chart during the beginning of the Australian trading session.
Wednesday and Friday are much behind in trading activities.
The robot works with huge risks to the balance. There’s a 37.74% chance to lose 10% of the balance.
The robot doesn’t use Grid or Martingale.
The advisor is trying to recover July 2021 trading results.
Pricing & Refund
The current price is $149. The package includes a lifetime real account license. We have no rental options provided at all. It allows us to download a robot and execute some backtest completely for free. There’s no refund policy at all.
People Feedback
We have only two comments published, and they are positive. It’s impossible to be sure that testimonials without Forex-related details can be real.
Other Notes
Vitali Vasilenka is a developer with a middle rate – 15,392. He’s from Belarus. His portfolio includes 15 signals with 103 subscribers and 10 products. Vitali’s products have a 4.7/5 rate based on 442 reviews.
