FX Secret Immortal trades on EURUSD and comes at a striking price of $549. Traders can get it for a single live account on the MT4 or MT5 platform. The algorithm has had a live record tracking since 2013, which the developer boasts about constantly on the website. We will cover all the available information in our article so that readers can have an idea of the purchase decision.
The company is not willing to provide us with their background information. They only detail a small amount of knowledge about the algorithm on their website, which is quite concerning. We believe that the system might not be as profitable as the claims are due to such an approach.
FX Secret Immortal at a glance
|Trading Platforms||MT4, MT5|
|Strategy||A combo of 3 trading strategies|
FX Secret Immortal functionality
The robot has the following features:
- The EA works on both MT4 and MT5 platforms.
- Traders can change the associated account number online as they wish.
- It has a drawdown control system in place.
- Three different strategies work in combination.
The company does not provide any knowledge on the time frame, currency pairs, and deposits that traders should use. This keeps us blind on the subject matter.
FX Secret Immortal trading strategy tests
The developers provide no backtesting records for the robot. It shows us that the system might have failed during the historical test.
The dev states that the robot uses three different strategies which traders can turn on or off at their wish. The algorithm calculates the stop loss accordingly. From the history on Myfxbook, we can observe that it trades on EURUSD with an average trade length of 2 days. This makes the robot a semi swing trader. From history, we can monitor the use of the martingale strategy, which is quite risky.
What about FX Secret Immortal live trading results
We have live records on Myfxbook showing the performance from May 27, 2013, till the current date. The system made an average monthly gain of 4.74%, with a drawdown of 65.84%. The high value of drawdown gives us a poor risk-reward and shows a huge loss in account balance. The winning rate stood at 56%, with a profit factor of 1.16. The best trade was $11908.37, while the worst was -$8000.20. There were a total of 3002 trades. There were $1863 in deposits, and no money was withdrawn.
The algorithm has had a total gain of 11727.4% since its inception. However, there are periods when it performs terribly which adds to the downside. The final balance as of now is $64119.27.
The robot can be purchased for an asking price of $549 with a single license. There is no money-back guarantee provided. The developer provides lifetime support with the purchase.
Not recommended. There is a single review present on Forex Peace Army. A trader says that he tested many systems for more than a year. He does not write anything about the Immortal but says that he ran a number of EAs from FX Secret and says that all have been lost while working. He adds that none of the robots offered by this company is recommended.
FX Secret Immortal Review SummaryFX Secret Immortal
Functionality3/5 NeutralThe system trades unpredictably with ups and downs in terms of drawdown.
Trading Strategy3/5 NeutralThe system uses an aggressive Martingale to recover after losses.
Live Results3/5 NeutralHigh drawdown and risky trading approach are risky for any trading account.
Customer Support3/5 NeutralThe developer provides 24/7 support.
User Reviews2/5 BadWe could find only one user review on FPA. The trader does not recommend any of the systems developed by the company.
- Live records are available
- No transparency on the developer
- No backtesting results
- High drawdown