EA Thomas Review

EA Thomas

EA Thomas is an easy-to-use trading system that has a friendly price tag. You can obtain the bot for $49 only and let it trade on your behalf. The vendor advises that you use the EA on a demo or cent account for the first 14 days to see how it works. This will help you to select the best trading conditions. 

Vitali Vasilenka is the vendor that stands behind this trading tool. He has one year of experience in MQL5 programming and works as a Metaverse creator at EA Quantum Lab. Vitali lives in Belarus, and so far, his profile includes 26 trading systems, 22 published signals, 1212 downloaded demo versions, and 53 subscribers. 

Vendor’s profile
Vendor’s profile

EA Thomas at a glance

Price$49
Trading platformsMT4, MT5
Currency pairsXAUUSD
StrategyTrend direction detection, Trend reversal, Flat definition, HFT systems orders management, and Determining the volume of trades
TimeframeH1
Recommended deposit$500
Recommended leverageN/A
Money managementYes

EA Thomas functionality

The robot also has the following features:

  • Its slippage is up to 5 points.
  • The minimum spread is 30 pips.
  • You are advised to use the recommended settings only.
  • Can be used in two modes: conservative trading and aggressive trading.
  • The dev provides detailed setup instructions.
  • Customer support is present.

EA Thomas trading strategy tests

This system works with 5 strategies available in the other EAs the vendor has developed. To be specific, its trading methods have been borrowed from EA Golden Elephant, EA New Way, EA Goofy, EA Flower, and EA Donald Duck. So, EA Thomas implements the trend reversal, Flat definition, trend direction detection, HFT systems order management, and determining the volume of trades. The developer further discloses that the system assesses 5 entry points simultaneously using various timeframes based on the risk level you set. It then selects one of the entry points to begin trading.   

Backtest data
Backtest data

The robot attained a profitability rate of 96.44% after conducting a total of 89682 trades on the M5 chart during the 2019-2022 backtest period. As a consequence, a profit of $16565611.08 and a low drawdown of 6.95% were realized. To a large extent, the robot had a higher chance of reporting a loss than a profit, as exhibited by a lower average profit trade ($660.57) compared to the average loss trade (-$12704.91). The profit factor was 1.41.   

What about EA Thomas real trading results

The performance of this EA in the live market is being monitored on mql5, but the credibility of the data has not been substantiated. 

Live trading data on MQL5
Live trading data on MQL5

This live account was launched almost a month ago and funded with $1000. After 22 days of trading, the robot has made a profit of $581.26 on behalf of the user. The generated drawdown (38.7%) is quite high, raising serious concerns about the EA’s risky trading activities. The account’s balance currently stands at $1581.26. 

Performance of trades
Performance of trades

There are 316 completed orders with a profit factor of 1.90. According to the data above, the EA prefers to work with short trades (61.08%) compared to long trades (38.92%). At the moment, the average profit is $5.67, whereas the average loss is -$6.55. The projected monthly growth rate is 58.13%.

Customer reviews

There are 22 reviews for this robot on MQL5. All of them are positive except one. Satisfied traders allege that the EA produces excellent results and has an impressive design. However, there’s a trader who accuses the system of being a total scam as it doesn’t work as claimed. He also discloses that the vendor doesn’t attend to queries. 

Positive user testimonials
Positive user testimonials
Negative customer feedback
Negative customer feedback

EA Thomas Review Summary

EA Thomas
3 5 0 1
EA Thomas is cost-friendly, and by including setup instructions, the vendor ensures that your experience with the robot is as smooth as possible. Just the same, the drawdown the EA has produced in the live market proves that its strategies can make you lose a lot of money.
EA Thomas is cost-friendly, and by including setup instructions, the vendor ensures that your experience with the robot is as smooth as possible. Just the same, the drawdown the EA has produced in the live market proves that its strategies can make you lose a lot of money.
3/5
Total Score
  • Functionality
    4/5 Good
    The vendor introduces the robot’s features to the public for traders to know what they are buying.
  • Trading strategy
    2/5 Bad
    The strategies seem to be risky as they have failed to control the drawdown in the live market.
  • Live Results
    3/5 Neutral
    From the live trading stats, we have seen that the EA is able to grow your account substantially.
  • Customer Support
    3/5 Neutral
    The EA provides customer support through email, phone, a Telegram channel, and the comments section on MQL5.
  • Customer Reviews
    4/5 Good
    A majority of traders using the robot are satisfied with its services.

The Good

  • Includes setup instructions
  • Positive user feedback
  • Features a backtest report
  • Cheap

The Bad

  • High drawdown
  • Short trading period
Total
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