Killa Gorilla FX Master is an FX robot that promises low drawdowns and high profits. The developer claims that FX EA can work as an HFT (high frequency trading) robot on the basis of price action. This automated system uses both the Grid and Martingale in what the developer claims as a basket-trading approach. Money management features in the MT4 tool include trend protection, SL, spike filter, and more.
How Kill a Gorilla FX Master Robot works
For a website named in such a bizarre way, the layout has the usual components like the features, settings, price, and separate sections for the resources, download, news, and a few more. James Cross is the developer of this FX robot. There is no further info on the developer or the vendor location. No phone contact or location address is provided which makes us suspicious of the dependability of the product.
This ATS was founded in 2015 and the features include high frequency automated trades, the ability to make more than $20,000 profits per day, and inbuilt account protection. You can use this EA on all the major currency pairs, but the vendor recommends using the AUDUSD and the EURUSD currency pairs.
Other recommendations by the developer include a minimum initial deposit of $10,000 for using the default trading settings. While the vendor claims the software is capable of providing incredible profits with the high-risk settings, you need to have a bigger account balance and accept the high risk associated with the settings. To use the software no special knowledge is needed as per the developer. All instructions are provided in the user manual given with the software.
Applied strategies
A combination of the Martingale and Grid approach is used by this FX EA. As per the vendor info, it uses price action and volatility for the trade entries and exits. However, to our utmost disappointment, the developer does not provide a further explanation of the approach. No backtests are provided for this EA. Since strategy tester reports provide plenty of insight into the trading approach and performance, the absence raises doubts regarding the reliability of the EA.
Killa Gorilla FX Master trading results
The vendor provides a trading account verified by the myfxbook site for this EA. The starting balance is $50,000 and the starting date is March 20, 2020. However, the link to the myfxbook site is not working, so we are unable to analyze the results and assess the performance of the EA. With verified results, we get to know the important details like the net profit made, the drawdown, profit factor, lot size, and more. The failure to disclose verified trading results raises a red flag.
Pricing & refund
You can download and use the software for free provided you open a trading account with a broker that the vendor recommends. Some of the brokers the vendor recommends include IC Markets, FBS, and FX Choice. The free offer is surprising but we reckon the vendor gets a commission via the broker. Some of the features you get with the software download include an inbuilt panel that is shown on the currency chart with info like the net profit, current drawdown, notifications, alerts, upcoming economic news filters, and more.
Other notes
We found 5 reviews for this FX EA on the Forexpeacearmy site with a rating of 3.665/5. Here are some of the recent testimonials from customers:
From the above reviews, we can see that the vendor does not provide support. More than one review indicates that the service does not respond to user requests and there is a delay in the activation of the account.
