Forex Robot ReviewsPassive Income

Adaptive EA Review: Is It Wise to Hand Your Trading Over to This EA?

3 Mins read
4.6

Adaptive EA is a Forex expert advisor that is compatible with both Metatrader 4 and Metatrader 5 trading platforms. The MT4 version of the robot was launched on October 29, 2021, while the MT5 version became available on November 4, 2021. 

This is a trainable EA that, according to the vendor, can efficiently trade any symbol. To check whether the robot is truly reliable or not, we are going to analyze the different aspects of the system, such as features, company profile, trading strategy, live performance, pricing packages, customer support, and reviews.

Adaptive EA company profile 

The developer behind this system is Svetlana Visnepolschi. We don’t know anything about her except for the fact that she is based in the United States. This developer has been selling products on MQL5 for only 1 year and she has a poor overall rating of 2.4 out of 5 on MQL5. Thus, it is evident that most traders on MQL5 do not consider her EAs reliable. Apart from Adaptive EA this developer has no other products.

The highlights of Adaptive EA 

This EA can trade in all currency pairs, as well as crypto coins, oil, and metals. To make the system learn, you simply need to run it in the tester. During the first testing phase, the system performs random transactions to train the neural network. You can see the trading results using your trained network during the second pass. 

The developer has shared a tutorial video on the MQL5 product page which tells you more about the working principle. 

There are several EA parameters that you can modify to personalize your trading style. You can select the lot size for orders, the percentage of the deposit to be risked for each order, grid order size multiplier, total take profit of grid, step between grid orders, and grid orders count.

With Adaptive EA, it is possible to set a minimum margin level upon reaching which the order will be closed. You can also set the take profit, stop loss, and trailing stop values. If needed, you can prevent the system from initiating buy or sell orders. The robot also lets you set the maximum spread, maximum slippage level, and the trade start and end time. 

Facts & figures 

Unfortunately, the vendor has not shared the verified trading results for this expert advisor. It is a common practice for vendors on MQL5 to maintain a live monitoring account on the website itself. Although the developer has shared the link to the EA signals on the product page, the link is no longer working. This means they have deleted the trading account. 

We were unable to find any verified trading accounts on third-party websites like Myfxbook, FXBlue, and FXStat. From trading statistics, we get to see some key parameters related to the robot, such as profitability, profit factor, drawdown, time-weighted return, etc. Without them, it is impossible for us to determine whether the robot is profitable in the live market. 

EA vendors often test their systems using historical data. These tests are carried out over a long time period, thus revealing the long-term performance. Currently, there are no backtesting results available for this system. 

Adaptive EA packages 

The current price of this EA is $185. This makes it one of the most affordable robots on the market. The vendor offers a free demo version of the system and you can download it to test the performance using virtual money. There is no money-back guarantee for this product, which makes it a one-way investment.

Assistance 

There is no contact information support, so you need to message the developer via MQL5.

Customer reviews 

User reviews for Adaptive EA on MQL5
User reviews for Adaptive EA on MQL5

There are no reviews for this robot on third-party websites. On MQL5, multiple users have stated that it is a scam service that only works on backtester.

Is Adaptive EA a reliable system?

This EA has no verified track record of winning live profits. The vendor does not have a refund policy and we don’t exactly know what strategy it follows.

Adaptive EA Summary

4.6
Adaptive EA is sold by a developer we don’t know much about. They haven’t shared the backtesting and the live trading results for the system, which makes it impossible for us to assess the performance. Also, we don't know the details of the trading strategy used by the EA.
4.0

Performance statistics

4.0

Reviews from customers

5.0

Ease of use

4.0

Implemented strategies

6.0

Pricing

Pros

  • +Affordable EA

Cons

  • -No verified trading results
  • -No backtesting data
  • -Lack of vendor transparency
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