Excelsior Review

Jan 11, 2022 09:25 AM ET
Excelsior Review

Excelsior is an expert advisor that was published on the MQL5 market several months ago. The system has got below average attention from people. 

Excelsior

Type

Expert Advisor

Price

$385

Strategy

Neural Network

Compatible Platforms

MT4

Currency Pairs

AUDUSD, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY.

Timeframe

Any

Recommended Min. Deposit

$250

Recommended Deposit

$1000

Leverage

Any

Trade length

7 days

The dev’s profile.

Evgeniy Scherbina is a developer from Russia. There are 24 products and 3 signals in his portfolio. The products’ rate is 5 based on 67 testimonials. 

People testimonials.

The advisor looks good for clients according to their testimonials. 

Trading strategy explanation

The presentation includes details about settings, strategy, and features. We have systemized them in the following list:

  • The robot can execute orders automatically for us. No extra effort needed. 

  • “The multi-symbol advisor Excelsior implements a popular variant of the recurrent neural network and trades on weekly and daily charts.” It’s hard to trust this blindly because of the lack of explanations. 

  • We can trade eight currency pairs: AUDUSD, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY.

  • “It uses 2 independent recurrent neural networks for calculating "buy" and "sell" signals.”

  • Weekly and daily signals are calculated based on the proper bars. 

  • The system can work on any timeframe. 

  • “We may stop the advisor or restart it. The advisor always resumes its calculations in a usual mode.”

  • The dev claims that a VPS service will be a good addition. 

  • The advisor protects our orders with relevant SL levels. 

  • The risks can be customized according to our needs. 

  • The deposit should be at least $250. 

  • We should have an optimal deposit at $1000. 

Backtest data analysis

Excelsior backtest report.

We have a backtest report that unites eight cross pirs at once. The devs have chosen a period of 2018-2021. The modeling quality was 100%. An initial deposit was $1000 that has become $31,607,209 of the total net profit. The maximum drawdown was 0.39%. The profit factor was 243.70. It has traded 809 deals with 96% of the win rate. 

Live trading data analysis

Trading Results

Myfxbook Account

Real (USD), AlfaForexRU

Started

May 12, 2021

Deposit

$849

Balance

$1896

Gain

$173

Daily

N/A

Monthly

7.83%

Drawdown

7.3%

Profitability

1379.14

Excelsior live trading results.

The system is running a real account with a $849 deposit. The maximum drawdown is 7.3% when the maximum deposit load is 21.9%. The win rate is 86.8%. An absolute growth has become 21.64%. 

Excelsior trading details.

An average trade frequency is eight orders weekly. The holding time is huge ‒ 7 days. 

Excelsior growth chart.

The robot has shown mediocre results in December 2021. 

Excelsior orders.

We may note that the system loses many on paying commissions. 

Excelsior statistics.

There were 38 deals traded. The best trade was €20.77 when the worst one was -€0.05. The recovery factor is 51.73, while the profit factor is 1379.14. 

Excelsior distribution process.

GBPUSD is the most traded pair. 

Excelsior warning.

Thr advisor was warned several times. 

Pricing

Excelsior pricing details.

We have a simple and a bit expensive offer. The price is $385 for a real account copy. We don’t have options to rent the system out and give it a demo try. Downloading a demo copy is still available. 

Review summary

Pros

  • Backtest reports provided 
  • Trading results shown

Cons

  • No strategy details explained 
  • No risk advice given
  • The system is a young trading solution 
  • The robot provided low trading results in December 2021
  • We don’t know if the system works in the same way on clients’ accounts

Excelsior is a several-months old trading advisor that works on a real account. The live trading results showed that the system can’t provide the same level of profitability as in the test period. 

Rating: 6/10


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