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
- 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.
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 There have been withdrawn $7031 as well.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
- High trading results
- Over 4 years online
- Transparency of the account
- Good money-management
- Proven strategy
- Cheap price
- Various currency pairs
- Lack of people comment
- Some of the currency pairs traded not that good
- Mid-level of drawdowns
- Little profit factor