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Adaptive EA Review: Is It a Good Investment Decision In 2022?

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Adaptive EA

Adaptive EA as the name implies is designed to adapt to any currency symbol you want to work on. This expert advisor is fully automated and supports cryptocurrencies, oil, and metals besides currency pairs. Svetlana Visnepolschi is the author of this FX EA published in November 2021. The current version of the software is 1.6. The developer is based in the United States and has one year of experience in developing FX trading tools. She has developed 2 products and one signal. Besides the MT5 version, the EA is also available for use in MT4. The author does not provide any contact info. For support, the messaging board on the MQL5 site is the only method present.

From our evaluation of the FX EA, we find that the author does not reveal much info on the system. Here are some of the main features gleaned from the author’s replies to user queries:

  • The EA works on any timeframe but works better in high timeframes from M30 or H1.
  • It can be used on any currency pair but you can expect better results when you use it with major symbols.
  • Parameters are provided that include SL, TP, trailing stop, lots size, lots risk, minimum margin level, etc.
  • The author recommends using the default parameters although the Trailing stop and SL are optimizable.
  • The Adaptation Every Time process parameter is recommended to be switched off by the vendor as it overwrites the neural network even in a forward test.
  • As per the developer, you need to use the system first in a demo account before you trade in real-time.

Trading strategies and currency pairs

As per the author, the FX EA uses neural network technology to perform accurate entries and exits. To learn how to use the robot, the author suggests running it first in the tester. This will help the neural network system to train in performing random transactions. In the second pass, trading results can be seen with the trained neural network. The developer advises doing a forward test of each trained neural network system to understand its effectiveness. A video tutorial is provided on how to use the system. The ATS works on all currency pairs but the author recommends using it on the major currency pairs.

No backtests are present for the FX EA. Backtests help to provide a better insight into the strategy used by the EA and its efficacy. Although the results derived in the backtests are not predictive of future performance, traders prefer them. The absence of backtests along with the vague strategy explanation raises doubts about the reliability of the system.

Adaptive EA trading statistics

We could not find trading results for this FX robot on trusted third-party sites like Myfxbook, FXBlue, FXStat, etc. We prefer results verified by such sites as they provide important info about the system like the total profit, drawdown, profit factor, risk to reward ratio, and more. The lack of verified results prevents us from analyzing the performance of the system. It also raises doubts about the ability of the FX EA.

Pricing and refund

You can buy this FX robot for $185. The author provides a free demo account. We could not find further info on the features available with the package. No money-back guarantee is present. The lack of a refund offer raises doubts about the reliability of the product. When compared to the market average, we find the pricing is affordable.

What else you should know about Adaptive EA

We found 8 reviews for the FX EA on the MQL5 site. The product has a rating of 2.43/5. Here are a few of the recent reviews:

User review for Adaptive EA on the MQL5 site

User review for Adaptive EA on the MQL5 site

User review for Adaptive EA on the MQL5 site

User review for Adaptive EA on the MQL5 site

As per the feedback, one of the users complains that it works only on the backtest and not in real trading. Another user complains of bad developer response and frequent crashing of accounts indicating the EA is not stable.

Adaptive EA Conclusion

3.6

Adaptive EA claims to provide high returns with its neural network system. Our evaluation of the system reveals several drawbacks such as the lack of backtests and verified real trading results. The author does not provide sufficient info on the features and functionality of the product. We also found the strategy explanation to be vague. Other shortcomings we identified include the lack of a money-back offer and the negative user reviews.

  • Price - 5/10
  • Strategy - 4/10
  • Trading Results - 3/10
  • Vendor Transparency - 4/10
  • Customer Reviews - 3/10
  • Support - 3/10

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