Medusa X is an all-new robot that was released on MQL5 on December 28, 2020, by Oon Kar Lee. The EA has got the last update (2.0) on February 19, 2021.
Product Offering
Let’s talk about Medusa X’s features:
- The first, we see, is that the current price will be increased after 10 copies are sold.
- The system works automatically.
- The robot specializes in low spread major pairs, GBP/USD and USD/CHF.
- There’s Trend EMA, RSI, Volatility filters.
- The average profit is five pips.
- The robot uses Averaging and doesn’t use Martingale.
- Trading two symbols gives us even more profits.
- We can customize settings if needed.
- It was tested on real tick data with 99.90% quality.
- It works on the H1 time frame only.
- The minimum account balance should be $500.
- Works on GBP/USD, USD/CHF with set files.
- The leverage can be from 1:500 to up to 1:2000.
- The developer suggests we use IC Market, FXTM, and ForexChief brokers.
- The EA is stress-free and very easy to set up and use.
- There’s a settings list.
The robot costs $399 for a copy without a money-back guarantee. The one-month rent costs $120. The three-month rent costs $250 with 31% OFF. There’s a free demo copy so we can check the robot’s settings on the terminal.
Trading Strategy
- The robot specializes in low spread major pairs, GBP/USD and USD/CHF.
- There’s Trend EMA, RSI, Volatility filters.
- It works on the H1 time frame only.
- According to the indicator list, the robot performs a trend strategy.
Trading Results
We’ve got a GBP/USD backtest on the H1 time frame. It was tested on the four-year tick data. The modeling quality was 99.90%. An initial deposit was $10000. The total net profit has become $64,903. The Profit Factor was 1.86. The maximum drawdown was insane – 50.56%. The EA has closed 3421 trades with 89-90% of the win-rate.
There’s a real SGD account on IC Markets. The account was created on December 07, 2020, and funded at 500 SGD. The accuracy rate is 94.4%. The maximum drawdown is 39.3%. The Growth is 59.67%.
As we can see, the profitability decreased significantly.
Medusa X has closed 463 trades with 8.35 of the recovery factor. The best trade is 20.49 SGD when the worst trade is -19.45 SGD. The trading activity is high (97.77%). The EA trades 37 deals weekly. An average win is 1.08 SGD when an average loss is 6.60 SGD.
The robot works with low risks to the account balance.
As we can see, the robot likes sitting in deep, long-term drawdowns.
Customer Reviews
The presentation includes only positive testimonials.
