STIRPROFIT X trend trading robot works on highly volatile trading instruments. The algorithm of the trend robot uses a system of risk diversification and safe tracking of transactions according to the trend movement.
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|Developer price||not exactly known FREE for you|
|Currency pair||EurGbp, GbpUsd, EurUsd, AudUsd|
|Money management||At least 300 currency units|
|Recommended brokers||IC Markets , ALPARI|
|For advisor recommended to use VPS 24/5||Zomro (most affordable Windows server only $ 2.75 per month)|
The STIRPROFIT X trading robot analyzes the trend movement and, at the beginning of the intensive movement of the currency pair, opens deals based on the analysis. The robot algorithm for analysis uses the RSI indicator, which determines the strength of the trend and the likelihood of its change. When a trend reverses, it instantly reacts to changes. The STIRPROFIT X trending robot uses risk reduction systems in case of a high drawdown of the account deposit.
Together with the adviser, the set of files for some currency pairs is supplied. Having tested them, I came to the conclusion that these settings are only suitable for large deposits, more than 10,000 units of currency, if the deposit is less, then the robot drains it as soon as possible, due to the fact that, far from each person has a deposit of more than 10,000, it was decided to try to optimize the adviser for a smaller deposit, and we succeeded, although so far only in the tester, you can see the results of our testing below, we also attached our set file for the currency pair EurUsd deposit 300$ download in the archive with an adviser
The developer of this EA writes that it is a very safe robot with a $500 deposit, it brings about 35% of profit per month, while the maximum drawdown does not exceed 30%, the robot works best on the EURGBP currency pair.
I don’t know how true all this is, but I am convinced that with the settings that the developer recommends, the robot is not at all safe and the deposit of $ 500 is drained in an instant, besides, with the same settings, the adviser trades on a grid system using martingale, and this is not at all safe.
However, what I liked about it is its flexible setting, there are not many parameters, but everything you need is there, and the robot can be configured so that it trades only one order, that is, do not use the grid of orders, and you can also turn off the martingale, and in this case, perhaps we will get a really safe robot for trading. In the settings of the adviser that the developer uses a very small TP, only one pips (I measure in old four-digit quotes), this is very impractical and will most likely lead to deposit losses on a real account, because even if we take a broker with a zero spread, all our profits will gobble up commissions, therefore, in the set that we made and tested there, the TP is set to 10 pips, this should work for any normal broker, although all this has yet to be tested on a cent account!!!
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!