Excelsior is a trading advisor that could be found on MQL5. The platform is well-known among people who seek trading advisors and indicators.
Product offering
The following list includes many details, settings, and features that were described by the vendor.
- The advisor can help us with automatic trading on our terminal.
- «The multi-symbol advisor Excelsior implements a popular variant of the recurrent neural network and trades on weekly and daily charts.»
- We don’t know what the recurrent neural network means.
- “It uses 2 independent recurrent neural networks for calculating “buy” and “sell” signals.”
- Weekly and daily signals are calculated based on the proper bars.
- We can work from a single chart only.
- We are allowed to trade on this account with a robot running.
- “We may stop the advisor or restart it. The advisor always resumes its calculations in a usual mode.”
- The system should be used on a VPS service.
- It protects orders with Stop Loss levels to pretext from market moves.
- We can customize risks as we want.
- The deposit requirements are $250 for strat trading with a 0.01 lot.
- The recommended deposit is $1000 with lots equals to 0.02%.
- We have to let it work for 3-4 months, according to the dev’s claim.
- We can customize parameters if we know how.
The robot can be bought for $385 for a single real account copy. The dev decided not to provide us with rental options. We can download a demo copy of the system to give it a try.
Trading strategy
- There’s a strategy based on the recurrent neural network.
- Trading is allowed on AUDUSD, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY.
- It can trade on any timeframe
Trading results
The advisor got tested on the 8 cross pirs at once. The data period was from 2018 to 2021. AlfaForex was the chosen broker. The modeling quality was 100%. An initial deposit was $1000. The system has made $31,607,209 of the total net profit. The maximum drawdown was 0.39%. The profit factor was 243.70. It has traded 809 deals with 96% of the win rate.
The system works on a real account on AlfaForex with 1:40 leverage. The maximum drawdown is 7.3% when the maximum deposit load is 21.9%. The win rate is 86.8%. An account exists for 9 weeks. An absolute growth has amounted to 21.64%.
The advisor closed October and November 2021 in profit.
It’s hard to understand why there were so many commissions paid.
The robot has executed 38 deals. The best trade was €20.77 when the worst one was -€0.05. The recovery factor is 51.73. The profit factor is 1379.14.
GBPUSD is the most traded pair with 11 deals closed.
Customer reviews
Evgeniy Scherbina is a developer from Russia with a 28,880 rate. There are 24 products and 3 signals in the portfolio. The products’ rate is 5 based on 67 testimonials.
There are several testimonials written about how the system works for clients.
