Ohlsen Trading has a very short presentation that explains almost nothing about the service and what we should expect from following it. The developers avoided saying something about themselves and their previous trading experience.
Ohlsen Trading Review
The presentation starts with information separated into four blocks: Extraordinary Results, a 30-day Trial, No Work Required, and Great Pricing:
- We can expect up to 13% monthly profits.
- The accuracy rate is up to 99%.
- The developers inform us if losses occur, it can be for a long period. “when we do lose. We lose quite big. That’s no problem, though, because we usually gain that same amount in 14-30 days. Check out our backtest for more info.” We have no idea who would like to experience this.
- The advisor places deep Stop Losses to protect deals from being removed from the market.
- There’s a 30 days trial period for 2.5 EUR only.
- The system will bring profits for us.
- All orders will be executed automatically after being copied to our account.
- We must create an account on the provided broker.
- The software works on the MT4 only.
- There are two rental options.
- “Usually prices range from $100-$200 a month, and we are far below that.”
Trading Strategies and Currency Pairs
- We don’t know details about the strategies behind the system.
- It works with EURUSD only.
- The time frame is unknown as well.
- We have no backtest reports provided. It’s a huge con because we can’t predict how the system will work after running on the past broker data.
Ohlsen Trading Trading Statistics
It’s how everything started.
The system has been working on a real USD account on the Pepperstone broker automatically. The robot uses data from MT4. The leverage wasn’t mentioned. The account has a verified track record. It was created on March 05, 2021. Since then, the absolute gain has become -4.61%. An average monthly gain is -1.19%. The maximum drawdown is 30.44%. No one cares about these trading results.
The advisor closed 37 deals with 73.9 pips. An average win is 10.18 pips when an average loss is 14 times higher, -141.20 pips. The accuracy rate for Longs is 87% and 100% for Shorts. An average trade length is a day. The profit factor is 0.67.
One direction is profitable when another one is losing one.
Trading results are hidden from us. It’s unprofessional.
Monthly trading results are horrible.
Pricing and Refund
There are three packages published. The first one is free, but there’s not so much to obtain: Telegram group membership, 24/5 signals, and manual trading. For 60 EUR a month, we are allowed to use copy-trading software. For 65 EUR a month, the monthly profit can be 13%. There’s no refund provided.
What Else You Should Know About Ohlsen Trading
It sounds ridiculous. We have no idea who’s behind the service.
Ohlsen Trading has two reviews on the Trustpilot verification platform.
Both of them look like common copywriting. They were written at the same time by faceless people.
Price – 3/10
Strategy – 3/10
Trading Results – 3/10
Vendor Transparency – 3/10
Customer Reviews – 2/10
Support – 2/10