Hippo Trader Pro Review

Aug 31, 2021 11:19 AM ET
Hippo Trader Pro Review

Hippo Trader Pro

Type

Robot

Price

$199, $269, $299

Strategy

Price Action

Compatible Platforms

MT5

Currency Pairs

EURUSD

Timeframe

H1

Recommended Min. Deposit

$1000

Recommended Deposit

N/A

Leverage

N/A

Trade length

24 hours

Hippo Trader Pro is a solution that can help us to be profitable on Forex. The system has a short and unprofessional presentation. We have only a demo account trading results provided. 

Trading strategy explanation

The presentation includes some details about how the system works and what we can rely on. 

  • The system works automatically on the terminal for us.

  • Now, we have a discounted price - $299. 

  • The next one costs $599. 

  • The system follows the trend during Asian and European trading sessions. 

  • The system was backtested on the 17-year tick data. 

  • We can receive a free copy of another robot. 

  • It works on the EURUSD. 

  • We may trade on the H1 time frame.

  • It follows FIFO rules. 

  • “It analyzes the market without using obsolete indicators and patterns, looking for the main trend, entering the market based on volatility (ATR Filter) and some Trend Pattern to predict the likely future trend.”

  • We may like to pick the MT4 version. 

  • The default settings are a 0.01 lot for each $1000. 

  • We can work with any broker we want.

Backtest data analysis

Hippo Trader Pro backtest report.

The modeling quality of the EURUSD test on the M1 time frame was 80%. The data period was from 2003 to 2021. The total net profit has amounted to $10,268,484. The profit factor is 3.82. The recovery factor is 52.62. The maximum drawdown was 3.88%. There were 8644 deals traded. The win rate for shorts is 77.47%, when for longs, it’s 76.41%. 

Live trading data analysis

Trading Results

Myfxbook Account

Demo (EUR), IC Markets

Started

June 22, 2021

Deposit

€10,000

Balance

€11,325

Gain

13.44%

Daily

0.19%

Monthly

6.02%

Drawdown

7.97%

Profitability

3.68

 

Hippo Trader Pro trading results. 

The system works on the demo EUR account on IC Markets automatically with 1:500 leverage on the MT4 platform. The account has a verified track record and verified trading privileges. It was created on June 22, 2021, and deposited at €10,000. Since then, the absolute gain has become 13.44%. An average monthly gain is 6.02%. The maximum drawdown is 7.97%. 

Hippo Trader Pro statistics.

The advisor has closed 87 orders with 692.5 pips. An average win is 18.16 pips when an average loss is -18.82 pips. The accuracy rate is 68% for longs and 76% for shorts. An average trade length is one day. The profit factor is 3.68. 

Hippo Trader Pro directions.

The robot trades both directions equally. 

Hippo Trader Pro hourly statistics.

The system focuses on trading the Asian market opening. 

Hippo Trader Pro daily trading activities.

The robot trades Friday more than other days. 

Hippo Trader Pro daily trading activities.

The system works with low risks to the account balance. 

Hippo Trader Pro closed orders.

We may note that the robot works with aggressive Martingale. 

Hippo Trader Pro monthly results.

The advisor is too young to say something for sure. 

The company

Hippo Trader Pro developer’s profile.

Michela Russo is a developer from Italy with a 38,238 rate and two years of MQL5 experience. The products’ rate is 4.7 based on 257 reviews. 

Pricing

Hippo Trader Pro pricing.

The system can be bought for $299. It’s a common price. We can rent the robot for $199 monthly and for $269 for three months. 

Review summary

Pros

Cons

  • Backtest reports shared
  • No risk advice given
  • Trading results revealed
  • The system trades only on a demo account
 
  • The advisor uses an unmentioned Martingale strategy
 
  • No money-back-guarantee provided

 

Hippo Trader Pro is a trading advisor that trades trends during European and Asian sessions. The advisor works only on a demo account. If something goes wrong, the developer loses nothing. It’s unprofessional not to trade on a real account. The offer doesn’t include refunds. 

Rating: 3/10


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