Blueshift Review

Feb 23, 2021 09:26 AM ET
Blueshift Review

Blueshift

Type

Expert Advisor

Price

$399 and one-month rent for $369

Strategy

Trend 

Compatible Platforms

MT4

Currency Pairs

Gold, Silver

Timeframe

M15

Recommended Min. Deposit

$100

Recommended Deposit

n/a (from $1000)

Leverage

From 1:10

Trade length

Over 16 hours

Blueshift Characteristics

Blueshift was published on January 10, 2021. It’s such a young trading robot. Its last version is 2.20. The robot was released on February 19, 2021.

Trading Strategy Explanation

Blueshift price

The main claim is that the pricing will increase after ten copies are sold.

The features list looks less than average:

  • The $399 will be gone soon. So, we have to hurry.

  • The robot trades fully-automatically for us.

  • It uses Wpr and Ma Indicators to spot trading opportunities.

  • The developer mentioned that it would run the intraday trading.

  • The system has high win-rates on both pairs.

  • It was tested on the Gold and Silver pairs on the M15 time frame.

  • The software places for each deal Stop Loss and Take Profit levels to keep deals safe.

  • We’re free to use the robot with any broker.

  • We should have an ECN account to work with the robot and be profitable.

  • The system needs a VPS service to execute orders.

  • The leverage can start from 1:10.

  • The account balance has to be from $100.

  • There are some parameters revealed: a unique magic number, spread and slippage filter, lot-calculating feature, exit strategies, trading hours and days settings, BUY and  SELL directions to trade.

  • The EA follows the market moves.

  • When the indicators inform the market is ready to turn away, the robot can place counter-trend orders.

  • The expert advisor doesn’t use a risky strategy like Grid and Martingale to rump the account balance.

Backtest Data Analysis

Blueshift Backtest Data Analysis

We’ve got an XAU/USD backtest on the M15 time frame on the plate. The system used the data from 2003 to 2021. The modeling quality was 99.90%. The spread varied. There were 427225 bars in the test. An initial deposit was $100. The total net profit was $29.7M. The Profit Factor was 7.97. The maximum drawdown was low, 1.84. It has closed 2802 deals with 96-98% of the win-rate.

Live Trading Data Analysis

Trading Results

Myfxbook Account

Real (USD), EXNESS

Started

February 02, 2021

Deposit

$468.08

Balance

$532.37

Gain

+14.1%

Daily

+0.70%

Monthly

+14.10%

Drawdown

-11.09%

Profitability

2.06

 

Blueshift Myfxbook

Blueshift runs a real USD account on a little-known broker EXNESS automatically with insane leverage - 1:2000. It works on the MetaTrader 4 platform receiving indicators’ data from it. The account has a verified track record. It was created half a month ago, on February 02, 2021, and deposited at $468.08. Since then, the absolute gain has become +14.1%. An average monthly gain is 14.10% too. The maximum drawdown was 11.09%. Two traders track the account.

Blueshift advanced statistics

It has closed 17 deals with -328 pips. An average win is 168.19 pips when an average (single) loss is -3019.00 pips. The win-rate is 90% for Longs and 100% for Shorts. An average trade length is over sixteen hours. The Profit Factor is 2.06.

Blueshift trading results

The robot trades Gold and Silver, as was mentioned. Only Silver is profitable now. A single loss trade on Gold has brought -$60.37.

Blueshift trading results

The robot trades all day.

Blueshift trading results

Wednesday is the most frequently traded day - 6 deals in total.

Blueshift trading results

The robot runs the account with sky-high risks. For losing 10%, there’d be lost a single deal.

Blueshift trading results

As we can see, Stop Loss levels are abnormal. 

Blueshift monthly gain

The robot is profitable in February 2021, but we don’t know when another loss happens. 

The company

Blueshift. The company

Marco Solito has a profile with a solid 41324 rate. There are six products in his portfolio and one job done.

Pricing

Blueshift Pricing

The robot can easily cost $399 for a copy. It’s not a big deal for the robot with that win-rate. It lost one deal from seventeen. The one-month rent with -$30 OFF sounds like a scam. It should be three times cheaper or so. There’s a free demo option for people to check settings and run backtests on the terminal.

Review Summary

Pros

Cons

  • Settings explanations provided
  • No strategy explanations provided
  • Backtest reports provided
  • High-risk trading
  • Real-account trading results
  • Insanely deep Stop Loss levels
 
  • Unfriendly rent offer
 
  • No money-back-guarantee provided
 
  • The robot is less than one-month-old

Conclusion

Blueshift is a just-released robot with discussable trading results. If we take into account commissions and swaps, the robot has to lose one trade from fifteen or so. Now, the system handles this. So, it’s profitable, but we don’t know how long it will take. The rent option that would let people try it costs like purchasing the robot’s lifetime license. We’re completely sure that the robot has to be overwatched for several months, not less.

Rating: 4/10


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