Adaptive EA is a Forex automated trading system that was launched in 2021. It is compatible with both Metatrader 4 and Metatrader 5 trading platforms. In this Adaptive EA review, we are going to analyze the various performance factors of this system to determine whether it is worth investing in this expert advisor.
Adaptive EA: to trust or not to trust?
There is a general dearth of information when it comes to this system. We don’t know much about the parent company and there are no verified trading statistics. The vendor has not shared the historical test results and there is no money-back guarantee. On the bright side, the EA comes cheap and is highly customizable.
Features
This is a trainable expert advisor, so you can train it to be compatible with any pair. The vendor recommends running the robot on a tester first. At the tester’s initial pass, the neural network is trained to perform arbitrary transactions. During the second pass, you will be able to see the trading results through the trained neural network. It is recommended that you go through the tutorial video prior to using the EA.
By modifying the EA parameters, you can create your own trading style. You can select a custom lot size for the orders and set a lot risk as a percentage of the deposited amount. This robot has a grid functionality, and as such, you can select the step between grid orders, the total take profit of the grid, as well as the grid order size multiplier. It is also possible to enable reverse grid and set the maximum number of grid orders.
The robot has risk management features like trailing stops, stop loss, and take profit. You can adjust the sizes of these parameters while also setting the maximum spread. If you wish, you can prevent the EA from opening buy and sell orders. In case you are looking to migrate to a VPS from MQL, you need to enable the Use VPS Migration parameter.
This EA has an informational dashboard where you can find all the details about the trades you’ve conducted. The current price of this EA is $185, which makes it cheaper than most. There is a free demo version available for testing purposes, but no refund policy exists.
Adaptive EA gives you full control over how and when it executes its trades. You can specify the trade start and end time and select the maximum slippage level. Unfortunately, there is no dedicated support team for this EA. Since the vendor has shared the official contact details, you must message them via MQL5 in case you face any issues.
Unverified trading results
Here we have a live trading account on MQL5 showing the real-time performance of Adaptive EA. This account was launched on November 10, 2021. Since then, it has had 71 trading days during which 161 trades have been conducted. Currently, the EA has a moderate win rate of 51.55% and a total profit of $178.76.
This account has a maximum drawdown of 31.1%. Such a high drawdown is indicative of a risky trading strategy. On average, the EA conducts 20 trades per week, holding each order for 12 hours or so. There have been ten maximum consecutive wins and six maximum consecutive losses. The profit factor is satisfactory at 1.11.
Unfortunately, the vendor has not shared the backtesting results for this EA. As such, we cannot compare it with the live trading results to get a clearer idea about the profitability.
Vendor transparency
The developer behind this system is Svetlana Visnepolschi. We have no information on this person, other than the fact that they are based in the United States. They have been active on the MQL5 website for a year, but we don’t know anything about their trading experience. Other than Adaptive EA, this developer has no other products on the website.
Customer reviews
We couldn’t find any user reviews for this EA on third-party websites like Myfxbook, Trustpilot, Forex Peace Army, or Quora. On MQL5, there are a handful of reviews from users, but we have no way to verify their authenticity. The absence of authentic user reviews indicates a lack of reputation.