Founded in 2021, Green Graph EA is a new Forex expert advisor promising to provide traders with ‘more profits and safe trading’. The vendors try to make sure this EA is what we need to experience ‘green profits’. The dev convinces us that this robot suits both experienced traders as well as those who are new to Forex trading. We are also said that the Green Graph website has over 1K visitors per month and over 100 traders. How good is this trading tool? What trading risks does it include? We are here to provide you with a complete Green Graph EA review, analyzing the sales age, trading results, vendor transparency, pricing, risk factors, trading strategy, and anything else of value.
How Green Graph EA Works
Let’s start with the product presentation. Their website design looks too simple, but it contains live trading results, a backtesting report, and brief information aboutGreen Graph EA. There is no information on the developers, their trading experience, or the location of their offices for this product. We know nothing about people who stand for this trading system. To get in touch with the support we have to fill out the online contact form at the bottom of the website or email directly [email protected].
The dev wants us to know that Green Graph EA has the following features:
- It is a 100% automated trading tool
- The robot was designed to generate big profits
- It has a smart AI that revises every tick passed
- After the right trend is found, the robot calculates the best entry position and time using its special algorithm based on stochastic, EMA, RSI, and another mathematical formula
- The system is equipped with a smart trade management technique that manages drawdowns and minimizes losing trades
- It was backtested on 2 currency pairs: EURAUD and GBPUSD
- The minimum account balance is $100 or 1000 cents
- The minimum leverage to trade with this EA is 1:500
- The dev recommends trading with default settings for better results
- VPS or a good Internet connection is a must
- The EA is compatible with all brokers, so you are free to trade with any of your favorite ones
- It comes with full time 24/7 customer support and includes free regular EA updates
- It is a good choice for both experienced traders and beginners
- It is easy to install user-friendly EA
- Green Graph EA comes with a 30-day money-back guarantee
The developer of Green Graph EA does not provide any information about the trading strategy behind this product. We aren’t told what type of Forex market the robot utilizes as a part of its strategic approach. Although it is good that we are provided with the trading results of this expert advisor, as trade examples should provide some help here, but we’d like to see some actual methodology from the vendor, the name of which we still do not know. If the dev does want to be taken seriously, he/she needs to be more transparent. Otherwise, it is just another scam trading service designed to steal our money.
The robot was tested on 2 currency pairs: EURAUD and GBPUSD. Let’s analyze one of them in detail.
It is a backtest of the EURAUD symbol using a modeling quality of 90% (we prefer when a modeling quality is 99, 9% as it provides maximum precision). There were 10946 bars in the test. The test has been run for 1 year and 8 months. It started on July 2, 2019, and ended on February 5, 2021. It was deposited at $1K. For the whole trading activity period, the robot could generate $362,186.53 of profit. The total gain was +36218.65% when the average daily and monthly gains were 1.01% and 35.37% respectively. The maximum drawdown was 31.86%. The profit factor was high – 2, 66. The win rate for both Short and Long trading positions was medium – 70% and 74%. The risk/reward ratio was 1:1.
Forex Green Graph EA Trading Results
It is a live REAL verified trading account for Green Graph EA on myfxbook.com with the RoboForex brokerage. The account is using 1:500 leverage on the MT4 platform. It was created on March 25, 2021 and deposited at $5K. There were 3K dollars withdrawn.
It is showing a total gain of 88, 78% with a 37, 91% drawdown. For less than 1 month of trading, the EA has traded 334 trades with an average win of 17.90 pips/$37.47 and a higher average loss of -29.20 pips/-$58.20. The risk/reward ratio is a bit bigger than 1:1. An average trade length is 14 hours and 43 minutes. The profit factor is 1,69, a bit smaller than the one we have in the backtest report. The win rate for Long and Short positions is 63% and 76%.
As you can see the robot trades with unpredictable vicissitudes in terms of drawdown performance.
The account has lost $2K per 1 day of trading. So, where is the promised drawdown control?
The robot does not trade with fixed lot size.
It trades multiple currency pairs. The best results are achieved with EURGBP symbol – $3774, 57 of profit.
It trades with high risks to the account balance:
The robot used a risky trading approach to achieve these trading results in April 2021:
Pricing & Refund
For traders interested in Green Graph EA, this robot goes for $45 (the regular price is $85) per month. It means that to trade this EA for 1 year you have to pay $540 or $1020. It is too much for a newly launched EA. For this price, you can buy 2 reputable and reliable EAs that have been on the Forex market for years, not days. The package includes 1 real/demo account, free updates, no hidden charges, and a 30-day money-back guarantee.
Green Graph EA has a page on FPA but has no customer review yet.