Adaptive EA Review

Adaptive EA

Adaptive EA uses a neural network to learn as it trades on multiple instruments. The robot works on both MT 4 and MT 5 platforms and has 457 demos downloaded as of now. Traders have the option to adjust the stop loss and take profit and set the maximum slippage with the settings of the robot. To give more information to our readers, we will discuss the profitability, history record, strategy effectiveness, and key features of the robot.

Svetlana Visnepolschi is the robot’s owner and is residing in the USA. The author has an overall rating of 2.4 based on 7 reviews on the MQL5 marketplace and has an experience of 1 year on the Forex market. Two products are available in the vendor’s selling list i.e. Adaptive EA for MT4 and Adaptive EA for MT5. The author is not transparent on her portfolio as she does not provide any details regarding email address, other social media platform profiles, and market experience.

Adaptive EA at a glance

Price$185
Trading PlatformsMT4, MT5
Currency PairsAny
StrategyNeural
TimeframeN/A
Recommended DepositN/A
Recommended LeverageN/A
Money ManagementYes

Adaptive EA functionality

The following steps should be followed to get the system ready: 

  1. Click on the buy now option that is available on the MQL 5 website 
  2. Login to MetaTrader 4/5 platform 
  3. Take the algorithm to the expert directory and refresh the page
  4. Connect the robot with the chart, and be ready to go 

The robot has the following key characteristics: 

  • It trades on multiple currency pairs.
  • A free demo is available.
  • It works on the MetaTrader 4/5 platform.
  • The algorithm comes with different settings such as Lots size, Grid risk. Trailing stops etc.
  • Traders can set a custom comment for each trade.

Adaptive EA trading strategy tests

The robot uses the take profit and stop-loss strategy and has maximum spread. The algorithm trades on multiple currency pairs, metals, oils, etc. It uses a self-learning mechanism to learn as it trades the markets.

From Myfxbook history we observe that it uses grid/martingale with currency correlation techniques. An average trade length of 3 days justifies the use of swing trading.

Trading history on Myfxbook
Trading history on Myfxbook

The algorithm backtesting records are not available, which raises questions about its transparency. These stats tell us about the effectiveness of the trading strategy while trading on historical data.

What about Adaptive EA live trading results

The live records on Myfxbook are available from September 05, 2021, till November 23, 2021 which shows that the algorithm caused a margin call on the portfolio. The overall gain of the account is horrendous at -99.88%. 

The total deposit of $5591.55 was liquidated to $3.32 in a total of 320 trades. The winning rate of 55% with a profit factor of 0.92 justifies the poor performance of the system.

Live records on Myfxbook
Live records on Myfxbook
Live records on Myfxbook
Live records on Myfxbook

Customer reviews

The algorithm has eight reviews and a rating of 2.43 on the MQL5 marketplace. One of the users comments that it is a scam and warns other users not to waste their money. 

Customer review on the MQL5 website
Customer review on the MQL5 website

Another trader states that the EA does not work properly and has unreliable test data.

Customer review on the MQL5 website
Customer review on the MQL5 website

Adaptive EA Review Summary

Adaptive EA
3 5 0 1
The algorithm comes with no backtesting results and has poor customer reviews on MQL 5 marketplace. The author is unclear on its portfolio and keeps its users blind regarding vital information such as contact details, foundation year, etc. There is no evidence of the money-back guarantee and the live records are poor.
The algorithm comes with no backtesting results and has poor customer reviews on MQL 5 marketplace. The author is unclear on its portfolio and keeps its users blind regarding vital information such as contact details, foundation year, etc. There is no evidence of the money-back guarantee and the live records are poor.
3/5
Total Score
  • Strategy
    4/5 Good
    Uses a neural network to trade.
  • Features
    4/5 Good
    Multiple settings can be configured within the robot.
  • Trading results
    2/5 Bad
    Unsatisfactory live records on Myfxbook.
  • Reliability
    2/5 Bad
    The drawdown can be seen at 99%, showing complete liquidation of the account.
  • Pricing
    3/5 Neutral
    The product's cost is average.

The Good

  • The algorithm uses an advanced neural network

The Bad

  • Poor live records
  • There are no backtesting records present
  • Poor customer support and reviews on the MQL5 website
Total
0
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