Swing VIP EA Review

Swing VIP EA

Swing VIP EA is a trading advisor that uses risky strategies like Grid and Martingale to make more profits. The owners claimed that it is “The First Forex EA Based on Price Action”. We have seen many of them. So, it could be the first for sure.

Swing VIP EA at a glance

Price$145
Trading PlatformsMT4
Currency PairsEUR/USD, NZD/CAD, USD/CAD, AUD/CAD, and CAD/CHF
StrategyMartingale, Grid, and Price Action
TimeframeM5
Recommended Deposit$500
Recommended LeverageN/A
Money ManagementYes

Swing VIP EA functionality

The presentation includes information about settings, details, features, and strategies. We systemized all of this in the following list:

  • The advisor was designed to execute orders on a terminal completely automatically. 
  • The terminal should be MT4. 
  • We can expect a profitability of 30% per month. 
Swing VIP EA claims
Swing VIP EA claims
  • The devs didn’t change this information for many months. 
  • We can expect an accuracy of 76%. 
  • There were 560 copies sold.
  • The system makes 83% more profits. 
  • We have no proof of this claim. 
  • The same about the prices. We don’t know what they were compared with. 
  • We can sit in long-term drawdowns. 
  • The settings are optimized by default. 
  • The advisor should be attached and forget. 
  • We have to provide the devs with our MT4 real account number.
  • We have to use it on a VPS service. 
  • The account should have $500 on the balance. 
  • It has to be used on a demo account before running on the real one. 
  • The system uses strategies and inte from indicators: Price Action, Trend, CCI, PPO, RSI, and Moving Average Strange.
  • We can use Martingale and Hedge. 
  • Trading is allowed on EUR/USD, NZD/CAD, USD/CAD, AUD/CAD, and CAD/CHF.
  • The robot works on M5. 
Swing VIP EA pricing detils
Swing VIP EA pricing detils
Swing VIP EA pricing info
Swing VIP EA pricing info

The system is available for the discounted price that was increased before. We can rely on a single real license for one account and on some numbers of demo accounts to give it a try. There’s a 14-day refund policy applied. 

Swing VIP EA trading strategy tests

The presentation doesn’t include any sign of backtest reports. It’s a huge con because we have idea how well the system worked on the past tick data. 

What about Swing VIP EA live trading results

Swing VIP EA trading results
Swing VIP EA trading results

The robot worked on a real $100,000 account on Opoforex automatically with 1:500 leverage on MT4. The account had a verified track record. So, the intel should be trustworthy. It was created on April 25, 2021 and since then, the absolute gain has become 56.65%. An average monthly gain was 5.88%. The maximum drawdown was acceptable – 18.07%. 

Swing VIP EA statistics
Swing VIP EA statistics

The advisor executed 1369 deals with 7140.7 pips. An average win was 17.84 pips when an average loss was -23.24 pips. The accuracy was 68% for longs and 70% for shorts. The average trade length was a day. The profit factor was 1.49.

Swing VIP EA directions
Swing VIP EA directions

The advisor worked with five cross pairs. GBPUSD has brought $31,753. 

Swing VIP EA closed orders
Swing VIP EA closed orders

The advisor worked with a short Grid of orders. 

Other notes

People testimonials
People testimonials

The system has 4.9 rate from 5 on the site. 

People testimonials
People testimonials

We have various testimonials about the system on the dev’s website. Unfortunately, we can’t be sure that they are relevant. Historically, customer reviews that are written on the devs’ websites may be coconced, manipulated or paid.

Swing VIP EA Review Summary

Swing VIP EA
3 5 0 1
Swing VIP is a trading advisor that works with many risky strategies. The devs set it to trade on a well-deposited account. We don’t know a reason to stop it. So, we have to find a way to reset.
Swing VIP is a trading advisor that works with many risky strategies. The devs set it to trade on a well-deposited account. We don’t know a reason to stop it. So, we have to find a way to reset.
3/5
Total Score
  • Functionality
    3/5 Neutral
    Not so many explanations provided.
  • Trading strategy
    2/5 Bad
    Many risky strategies are on the board.
  • Live results
    3/5 Neutral
    The trading results are okay, but the account was stopped.
  • Customer support
    3/5 Neutral
    The developers provide average support.
  • User reviews
    2/5 Bad
    We don’t know if customer reviews are real.

The Good

  • Trading results provided
  • The account balance is significant

The Bad

  • No team revealed
  • No risk advice given
  • No backtest reports provided
  • The trading account was stopped
Total
0
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