Adaptive EA is an automated trading system that runs on both the MT4 and MT5 terminals. It is flexible and can trade on any currency pair of your choice. Other supported instruments include cryptocurrencies, oil, and metals. To get a better idea of how the system works in the market, the vendor asks that you watch the tutorial video provided on MQL5.
Detailed Forex robot review
The different parameters of the robot are featured in its presentation. In essence, the EA has a lot size feature that enables it to determine what trade size to use at any particular time. The lots risk functionality helps to set the size for orders as a percentage of the deposit. With the, take profit, stop loss, and trailing stops, you can manage your trading risks. A max spread is available to ensure that spreads don’t surpass a certain threshold. If you want, you can prohibit the EA from opening buy or sell orders.
There are various functionalities for the grid, including the grid order size multiplier, step for grid orders, and grid reverse trading. With the ‘process adaptation every time’ feature, you can overwrite the neural network in any case, even with a forward test.
Svetlana Visnepolschi is the developer of this expert advisor. He is a US resident and hasn’t created other trading tools yet. No other details are given about this vendor. His reputation in the market remains unknown.
Adaptive EA strategy tests
The trading strategy is not indicated. But we have seen in the previous section that the EA has incorporated parameters that support the grid and neural works. So, we might assume that it supports these two trading methods.
There are no backtest results for this expert advisor, though the vendor provides a tutorial video illustrating how traders can run it on a tester.
Live account trading results
This unverified account has recorded a profit of -$56.24 after the robot conducted 170 trades on it. As a result, the capital of $1000 has decreased to $943.76. The high maximum drawdown (44.8%) tells us that the system trades riskily. The average profit and loss are $23.77 and -$24.43, respectively. Overall, the system’s activities have devalued this account by -6%.
Pricing
The purchase price of this tool is $185. Unfortunately, it doesn’t come with a money-back guarantee. You cannot get a refund in case its performance disappoints you.
Customer reviews
Adaptive EA has received a 2.67-star on mql5 based on 7 reviews. This is a clear indication that traders are unsatisfied with it. As you can see below, there’s a trader who states that the system works on backtester only. Another one has accused the EA of crashing his account. Moreover, we are led to believe that Adaptive makes random trades and its test data is unreliable. Even then, there’s a client who appreciates the developer for being amazing.
Adaptive EA is not cost-prohibitive, so most traders can access it. The flexibility of the system also allows it to trade on any currency pair. On the negative side, the robot is unprofitable and generates high drawdowns. Clients have also confirmed that the tool is inefficient, and in the worst case scenario, it can crash a trading account.
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