Luna Review

Jun 3, 2022 10:41 AM ET
Luna Review

Luna is a trading solution that can make some profits with scalping. The system has requirements for the account type and settings to be profitable. So, we decided to take a closer look at it. 

Luna

Type

Expert Advisor

Price

$129, $199, $249, and 349

Strategy

Scalping

Compatible Platforms

MT5

Currency Pairs

GBPUSD, GBPCAD, GBPAUD, EURAUD, USDCAD, USDCHF, AUDCAD, EURCAD, EURUSD, EURCHF, GBPCHF, EURGBP, AUDUSD, and AUDJPY

Timeframe

M5

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Trade length

3 hours 

Trading strategy explanation

Let’s talk about Luna’s features. We systemized them in the list that allows you to read them in order. 

  • The robot can provide us with automatic orders execution on the market. 

  • We should use it on the MT4 or MT5 terminal. 

  • The last copy of the system left for $349. 

  • The next price will be $999. 

  • We can get an extra robot as a gift. 

  • The robot performs a scalping strategy during the night session. 

  • The developer has years of trading experience. 

  • It unites the best cross pairs and trading techniques. 

  • The system has many smart features. 

  • We should work with recommended pairs: GBPUSD, GBPCAD, GBPAUD, EURAUD, USDCAD, USDCHF, AUDCAD, and EURCAD.

  • The other support pairs are EURUSD, EURCHF, GBPCHF, EURGBP, AUDUSD, and AUDJPY.

  • We can trade with all pirs from one chart. 

  • There’s a news filter applied. 

  • It doesn’t work with risky strategies like Grid, Martingale, etc. 

  • We have to attach it to EURUSD on the M5 time frame. 

  • We can customize risks.

  • We should work with an ECN broker. 

Backtest data analysis

Luna backtest report.

The system was tested on the two-year data on all pairs. The history quality was 99.99%. It generated $5,141,553 of the total net profit. The maximum drawdown was 23.11%. The profit factor amounted to 3.36. It performed 14,036 deals with 92-93% of the win rate. 

Live trading data analysis

Trading Results

MQL5 Account

Real (USD), Pepperstone

Started

Apr 27, 2022

Deposit

$212.98

Balance

$230.45

Gain

8.20%

Daily

N/A

Monthly

N/A

Drawdown

3.3%

Profitability

3.27

Luna trading results.

The developer set the robot to trade on a real account on Pepperstone. The leverage is 1:500. It works with a maximum drawdown of 3.3% when the maximum deposit load is 6.7%. The win rate is 87.8%. The absolute growth is 8.20%. 

Luna growth.

We have a smooth growth chart. 

Luna statistics.

Luna has executed 90 deals. The best trade is $0.92 when the worst trade is -$4.13. The recovery factor is 4.23 when the profit factor is 3.27. An average monthly growth is 7.47%. 

Luna distribution.

USDCHF with 22 orders is the most actively traded symbol. 

The company

Developer’s profile

Wim Schrynemakers is a developer from Malta. He has24 solutions on the board. There are 32 signals with 24,021 subscribers. His portfolio rate is 3.9 based on 517 reviews. 

Luna testimonials.

On MQL5 clients mention that the system works well for them. Based on 7 reviews provided, the system has a high rate of 5.

Pricing

Luna pricing.

The robot can be bought for $349 for a single account copy. We are allowed to rent it out for $129 monthly, $199 for half a year, and for $249 annually. There’s a demo copy to the robot available to be downloaded. 

Review summary

Pros

Cons

  • A backtest report provided 
  • No risk advice given 
  • Trading results available 
  • No money refund
 
  • High pricing

Luna is a robot that has been trading on the real account for several months. The system shows that it can make short profits monthly. Also, the developers provide us with cross pairs diversity. Although the price is average, the package does not come with a money refund. So, it’s a one-way ticket.

Rating: 5/10


Don't miss: The Best Forex Robots in 2022

Best Forex Robots

Best Forex Brokers