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EA Super 8 Review

November 17, 2021 by Forex Winner Leave a Comment

EA Super 8

EA Super 8 is a Forex expert advisor that has a presentation written on MQL5. The system has mediocre success among the community. To decide if it fits our expectations, we have prepared a review for you.

Detailed EA Super 8 review

We have some details explained about how the system works on a terminal and what we should expect from it. 

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The dev’s profile.

We may note that Vitali Vasilenka is from Belarus and he has a 18,142 rating on MQL5. There are 21 products and 13 signals in his portfolio. The products’ rate is 5.5 based on 392 reviews.

  • The advisor can help us with automatic trading easily. 
  • We are free to spend our time as we want. 
  • The pricing will be increased from standard $249 to the final $449. 
  • We should use recommended  settings in trading. 
  • The advisor traded aggressively on a terminal. 
  • The system runs a better method to spot entry points during the trend moves. 
  • The starting balance should be $100 or higher. 
  • We should withdraw the account daily. 
  • “If we lose an account we have to deposit it at $100 and start everything once again.” 
  • This claim is ridiculous. 
  • We may rely on all needed intel about the system. 

EA Super 8 strategy tests

Backtest report.

We have a NZDUSD backtest on the M1 time frame based on 8 years of the tick data. The lot was fixed, 0.01. The modeling quality was 99.90% and 5-pip spreads. An initial deposit was $100 that has become $97,121 of the total net profit. The profit factor was 1.80. The maximum drawdown was 28.90%. The win rate was 70.45%. 

EA Super 8 trading results

EA Super 8 trading results.

The dev provided us with a real account where the robot runs a $10,000 deposit with 1:500 leverage. The broker is RoboForex. The win rate is 66.2%. An initial deposit was $10,000. The absolute growth has become 29.76%. The maximum drawdown is sky-high – 74.8%. 

EA Super 8 statistics.

An average trade frequency is 584 deals weekly. An average holding time is four hours. 

EA Super 8 growth chart.

We may note that the robot worked with high risks. 

EA Super 8 closed orders.

It works with extended Grids of orders with a Martingale feature implemented. 

EA Super 8 statistics.

The system has executed 1320 orders. The best trade is $2219.14 when the worst trade is -$342.10. The recovery factor is 1.78 when a profit factor is 1.66. 

EA Super 8 distribution.

GBPUSD is the most frequently traded pair with 571 orders closed. Most of the profits were obtained on NZDUSD – $2000. The profit in pips is negative for all four pairs. 

Pricing

 EA Super 8 pricing.
EA Super 8 pricing

The price was increased from $149 for $249 for a lifetime license. There also appeared a rental option for $149 for three months. We can download a robot for demo usage. 

Customer reviews

Customer testimonials on MQL5.

The presentation includes some positive testimonials about how good the system is.

Review Summary

EA Super 8 is a system that works based on risky strategies providing mediocre profits. The system was set to trade several weeks ago and can’t be treated as a stable solution.

Advantages
Backtest reports provided
Trading results shown
A rental option available
Disadvantages
No settings explanations provided
No risk advice given
Huge Grids of orders with Martingale
3

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Filed Under: Forex Robots

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