Neuro FX Robot is everything we need from the EA to be consistently profitable trading on the MetaTrader 4 platform. Let’s check how close this is to true.
How Neuro FX Robot Works
- The robot trades fully automatically without a need for human intervention.
- It has an inbuilt money-management system.
- There’s no Martingale system on the board.
- It can cut losing trades and allow good trades to go all the way.
- The risk management allows auto calculating Lot Size.
- We may not disconnect the EA during the new releases.
- It works with any brokers and account types ECN, Standard, Micro, and Mini.
- The robot works on the GBP/USD chart on the H1 time frame.
- The minimum margin requirements to trade 0.01 Lot Size deals are $100.
- The optimal requirements are $200 for a 0.01 Lot Size.
Applied Strategies
The devs did everything possible to avoid answers about strategy or strategies behind the trading system. So, highly likely, there are risky strategies on the board.
There’s a GBP/USD backtest on the H1 time frame. It was performed from 2017 until the end of October 2020. The modeling quality was 90.00% with 20 pips spreads. An initial deposit was $500. The total net profit was $580,8k. The Profit Factor was 8.82. The maximum drawdown was 8.18%. It closed 997 trades with 92%-95% of the win-rate. The win-streak was twenty deals.
Neuro FX Robot Trading Results
We’ve got a real CNH (Chinese Yuan Renminbi). The account was created on November 3, 2020. It was funded twice at 301CNH ($45) in total.
The total net return is +104.9%. The monthly return is +131%. A maximum drawdown was only -9.1%. The win-rate is high – 86.5%. The Profit Factor is 3.44. An average trade frequency is 1.5 pips daily. The account is online for 25 days only.
The risk of ruin is 0.4%. The average trade length is 9.2 hours. An average win (+$7.73) is twice fewer than an average loss (-$14.37).
There’s a single currency pair the EA works with.
Neuro FX Robot opens most of the trades in a Long direction (34 deals) than in a Short one (3 deals).
The EA includes a single strategy on the board.
The most profitable day of the week is Wednesday when the less profitable is Friday.
It focuses on trading the end of a European session and a whole American session.
The last week has brought the first significant losses (-$3.44 of the net profit).
The last two days showed that there’s something wrong with the EA.
The EA uses hedging in trading. It couldn’t cut these two unprofitable trades.
Pricing & Refund
There are three packages. The Basic pack costs $129. It includes one real and one demo account and support. The Regular pack costs $149 and includes two real and two demo licenses. The business pack costs $169 and is featured by three real and three demo accounts.
People’s feedback
The company has a profile on Forex Peace Army, but it’s empty. There are no people testimonials, only one connected account with results.
