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. 

Excelsior pricing details.

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

Excelsior backtest report.

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. 

Excelsior trading results .

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%. 

Excelsior growth chart.

The advisor closed October and November 2021 in profit. 

Excelsior orders.

It’s hard to understand why there were so many commissions paid. 

Excelsior statistics. 

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. 

Excelsior distribution. 

GBPUSD is the most traded pair with 11 deals closed. 

Customer reviews

The dev’s profile.

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. 

Customer testimonials.

There are several testimonials written about how the system works for clients.

PROS
Backtest reports provided
Trading results revealed
CONS
The system is too young
No risk advice given
No settings explanations provided
The advisor works with low trading frequency and high commissions
Lack of people testimonials
High pricing
5
Verdict
Excelsior is a young robot that works on a low-deposited real account. The advisor keeps orders on the market for weeks. It’s a huge period for a paid advisor. The system doesn’t have long-term trading results to convince us that it’s good to go.

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