Our robot for today’s review is Star Trade NightProfit & FX Profit Key. Let’s take a closer look at its presentation.
The presentation is one page.
It’s everything we’ve got.
The NightProfit is the scalping EA that trades with the trends. The strategy is based on the mean price action on the chart.
The forex robot has got two types of presets “fast” and “slow” ones. The robot requires the MetaTrader 4 platform, and fast VPS (optional).
Trade NightProfit & FX Profit Key Features
There’s a list of provided features:
- Take Profit
- Stop loss
- Lots
- Use Equity Stop
- Total Equity Risk
- Use Trailing Stop
- Use Time Out
- Start/Stop Hour
- Pip step (Range multiple order)
- Max Trades
The robot costs, as low as, $50. For this money, we can expect a lifetime license, free updates. The devs don’t provide the money-back guarantee probably because of the cheap price.
Trading results
The robot has been deployed over 4 years ago. It’s completely great because a little robot runs over a year. The account is real USD one, trades trough IC Markets brokerage company, with a Mixed style of trading, with a 1:200 leverage level on the MetaTrader 4 platform. During the period the robot has been able to go +467% of the gain. The monthly gain is an average one and equals 3.49. The robot works with the mid-level of DDs (19.24%). It’s noticeable that the devs entrusted $8604 instead of an average $1000 as usually other developers do. It can only mean that the robot has got a brilliant money-management system. There have been withdrawn $7031 as well.
It’s just the start of the year, but the robot has already got +4.03% of the profit.
During the period Star Trade NightProfit & FX Profit Key has traded 2423 trades with 6940.6 pips. It’s not the best trades/pips ratio at all. The win-rate across the trades is 72-73%. The profit factor is quite low and equals 1.32. The average trade length is about 9 hours.
The profit and amount of trades vary depending on the currency pair. The most tradable currency pair is EUR/AUD and GBP/CAD. A little bit lower USD/CAD.
As has been told, the robot runs only night deals from 22 p.m. to 1 a.m.
The account runs with a low enough risk or ruining.
The results so vary and depend on the month.
The currency pairs basket looks like on the screenshot.
Star Trade NightProfit & FX Profit Pros & Cons
Pros
- High trading results
- Over 4 years online
- Transparency of the account
- Good money-management
- Proven strategy
- Cheap price
- Various currency pairs
Cons
- Lack of people comment
- Some of the currency pairs traded not that good
- Mid-level of drawdowns
- Little profit factor
It’s a scam!
This is a big SCAM!! I bought this a month ago and I ordered their professional installation using Teamviewer but no one got in contact with me. I message them on Facebook and I sent their customer support several messages but no reply. When I left comment on the Facebook page, they removed all my comments and blocked me, so I can’t post any more comments. RUN AWAY! DO NOT INVEST!!
STARTRADE.COM (if it is the same company)….total scam… their customer is a scam…they even withdrew m profits from my trade account and sent me a mail claiming their profits has been transferred to my Wallet. Their changed my Wallet address in my trade account. Next, they claim their Whatsapp has been hacked and changed the Group. SCAMMERS
Scam!
Vendor sent me an email Services and applications purchased from their store are not returnable after purchase. In case of charge-back or PayPal dispute, our Legal Department will contact your bank (or PayPal) that prove that you made a purchase on our store, and will charge the original price of the software, plus $199 in Legal & Administration fees.