Adaptive EA Review

Dec 31, 2021 10:39 AM ET
Adaptive EA Review

Adaptive EA was launched on 4th November 2021 for Metatrader 5 and 29th October 2021 for Metatrader 4. It is sold on the MQL5 website for only $111, although without a refund policy. On the product page, the vendor provides a short introduction, followed by a list of EA parameters. We also have the pricing details, EA signal, and a video explaining how to use the system. 

Adaptive EA

Type

Fully-automated EA

Price 

$111

Strategy

N/A

Compatible Platforms

MT4, MT5

Currency Pairs

All

Timeframe

N/A

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Trading strategy explanation

This is a trainable expert advisor and you can program it to trade in any currency pair. The vendor recommends running the robot in a tester. For the first pass, the neural network is trained to perform random transactions. You can see the trading statistics using your trained neural network during the second pass. 

By modifying the EA parameters, you can make them compatible with your trading style. You can select the lot size for orders, the size for orders as a percentage of deposits, minimum margin level, maximum spread, and slippage. You can also restrict buy and sell orders and set the take profit, stop loss, and trailing stop sizes in terms of pips.

It is also possible to program the EA to ignore errors on the chart while trading. You can select the trade start and end time as well. The informational dashboard can be toggled on and off and the adaptation folder acts as a directory for trained neural networks.

There is zero information on the trading strategy followed by this robot. We know it involves a neural network, but the vendor hasn’t shared further details. It is not known whether the robot trades with the trade or against it, or whether it uses any indicators for identifying lucrative trades.

Backtest data analysis

EA vendors normally test their automated strategies using historical data. These tests are usually carried out over a period spanning several years. As such, they expose the system to a wide range of markets. Forex traders look for backtesting data because it helps them assess whether the EA can be used for live trading for the long term. Unfortunately, the vendor has not shared the historical test results for this expert advisor.

Live trading data analysis 

Trading Results

MQL5 Account

Real (USD), RoboForex - ECN

Started

Nov 10, 2021

Deposit

$1000

Balance

$1272.30 

Gain

27.24%

Daily

N/A

Monthly

N/A

Drawdown

8.6%

Profitability

0.53

Growth chart of Adaptive EA.

There are no live trading accounts for this EA on trusted third-party websites. On MQL5, we have a trading account that is only 45 days old. This means the robot has not been tested in the live market for too long. 

Using an initial deposit of $1000, the EA has placed 92 trades so far. It currently has a modest win rate of 53.26%, with the average profit and average loss being $15.19 and $10.98, respectively. There have been 10 maximum consecutive wins and 4 maximum consecutive losses for this account. Currently, it has a total profit of $272.30. 

The maximum drawdown for this account is 8.6%, which tells us that the robot is able to maintain a low level of risk. It holds each trade for an average of 12 hours and has a decent profit factor of 1.58.

Vendor transparency

The developer behind this system is known as Svetlana Visnepolschi. They are based in the United States, but we have o background information on them. We know nothing about their trading history and it is unclear whether they have other individuals working alongside them. Adaptive EA is the only system built by this developer.

Customer reviews

User reviews for Adaptive EA on MQL5.

Unfortunately, there are no user reviews for this expert advisor on websites like Trustpilot, Forexpeacearmy, Quora, and Myfxbook. On MQL5, there are a few reviews from customers, but it is impossible to verify their authenticity. In one of these reviews, the user has stated that the robot falls in the live market in spite of showing decent performance in backtests.

Review summary

Pros

  • Available at an affordable price

Cons

  • No money-back guarantee

  • No verified trading results

  • Lack of strategy insight

Adaptive EA is an automated trading system that was launched only recently. It is not supported by verified trading statistics and we have no information on the trading strategy it uses. Furthermore, the vendor does not offer customers the protection of a money-back guarantee.

Rating: 5/10


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