Excelsior Review

Excelsior is a trading advisor that works on a real market. We can purchase a copy of it from MQL5. The presentation includes some details about settings, strategies, and features. 

Detailed Excelsior review

The presentation includes some details about what we have to expect from the system that will work on our account. 

• The robot works completely automatically on the terminal. 
• “The multi-symbol advisor Excelsior implements a popular variant of the recurrent neural network and trades on weekly and daily charts.”
• We don’t have proof of this claim. 
• Trading is possible on: AUDUSD, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY.
• “It uses 2 independent recurrent neural networks for calculating “buy” and “sell” signals.”
• Weekly and daily signals are calculated based on the proper bars. 
• We can set the system to a single time frame to trade all of them at once. 
• It works from any time frame. 
• We can open orders on this account manually. 
• “We may stop the advisor or restart it. The advisor always resumes its calculations in a usual mode.”
• We should use it on a VPS service. 
• We can rely on TP and SL levels in trading. 
• The advisor provides us with a possibility to customize risks. 
• We have to run a deposit with at least $250. 
• The optimal deposit is $1000. 
• We can check the system performance only after several months. 
• Parameters can be customized. 

Excelsior strategy tests

The backtest was received after testing 8 cross pairs at once on the data of 2018-2021. The broker that provided data was AlfaForex. The modeling quality was 100%. An initial deposit was $1000 that has become $31,607,209 of the total net profit. The maximum drawdown was 0.39%. The profit factor was 243.70. It’s a huge number. The advisor traded 809 deals with 96% of the win rate in both directions. 

Excelsior trading results

The robot works on AlfaForex on a real EUR account with 1:40 leverage. The maximum drawdown is 15.2% when the maximum deposit load is 21.9%. The win rate is 86.4%. The account was created 12 weeks ago. An absolute growth is 22.73%. 

An average trade frequency is six orders a week. The holding time is 10 days. It’s too much. 

We may note that the growth chart goes down. 

There’s huge money spent on commissions. 

The advisor closed 44 orders only. It’s a few. The best trade was €20.77 when the worst one was -€0.05. The recovery factor is 23.58, while the profit factor is 1399.80. 

Pricing

The system is still available for $385 for a copy. Alas, we don’t have rental options to check it for a short period of time. We can download a demo copy of the advisor to check settings on a terminal and execute some backtests. 

Customer reviews

Evgeniy Scherbina has 24 products and 3 signals with 115 subscribers in this portfolio. The products’ rate is 5 based on 79 reviews. 

Many people had negative experiences with using this EA. So, the devs have to take a look at flaws.