BuySellSeriesEA is an expert advisor that works on the real market scalping little profits. The presentation looks unprofessional. It doesn’t answer all our questions we have to ask about the system functionality.
BuySellSeriesEA trading strategy
The advisor has some details and features explained. We grouped them up in the following list.
- The advisor knows how to trade completely automatically on the terminal.
- The system works only with acceptable risk levels.
- It opens orders on the market only when it’s needed.
- It looks for a trend market condition to place an order.
- The system has a candlestick pattern behind it.
- We can use a news filter to skip trading during high impact news releases.
- We can trade on a daily basis.
- We may choose risk levels that are acceptable for us.
- There’s welcome and decent support provided.
- We should start trading with $100 or more.
BuySellSeriesEA backtesting report
There are no backtest reports that could show us that the system was well tested before release. We would like to know from what broker the tick data was received.
BuySellSeriesEA live results
The presentation includes a widget on verified trading results. It means that the developers know how the system handles current market conditions. The advisor works on the real account automatically with 1:500 leverage. The platform was chosen as MT4 from FBS. The account has a verified track record and verified trading privileges. It was created on June 07, 2021, deposited at $273.42, and withdrawn at $200. The absolute gain has amounted to 334.51%. An average monthly gain is 36.24%. The maximum drawdown is 90.13%. It’s so risky even to give it a try.
BuySellSeriesEA closed 1044 orders and 4074.6 pips. An average win is 8.77 pips when an average loss is -15.79 pips. The win rate is 77% for longs and 82% for shorts. An average trade length is 18 hours and 26 minutes. The profit factor is 2.23.
The advisor focuses on trading EURJPY (121 orders) and GBPUSD (912 orders).
The system has a wide level of take profits.
The advisor works with much less profitability now. We don’t know the reasons for these changes.
Some features of BuySellSeriesEA
|Average monthly gain||36.24%|
|Currency pairs||EURJPY, GBPUSD|
Main things that make BuySellSeriesEA doubtful
- High drawdown
The advisor works on the market with insane over 90% drawdowns. Allowing it to work on the real account is madness.
- Zero vendor transparency
The company should pay attention to its transparency. It’s a key factor when the company tries to attract new clients.
- Undisclosed trading approach
The devs could provide more details to us, explaining how everything works and what indicators are used to spot a trend-based trading opportunity.
We have two prices in an offer. We can buy the system for $200 for a monthly rent. The ultimate price is $700 for a lifetime license. There’s an unlimited number of products, free support, and updates. The developers provided no money-back guarantee for us.
There’s a page of the company on Forex Peace Army created. We have only one comment about how the robot works.
This former user couldn’t succeed with the system on his account.