Euro Master is a robot that was released on MQL5 on November 6, 2020. Stanislav Tomilov has updated it to a 1.20 version on December 17, 2020. The robot has been 2717 times demo downloaded.
From the presentation, we know that there are just two copies left for $499. The next price will be $599.
The robot costs $499 (the previous price was $299). We remember several shorter subscriptions. Now, we can purchase a one-year subscription for $299. The vendor doesn’t provide a money-back guarantee.
Euro Master Strategy
- According to the time frame, there should be a scalping strategy.
- The system trades only EUR/USD.
- It works on the M5 time frame.
Euro Master Features
This presentation is half a page long. So, we can’t expect to know much about it:
- Euro Master works automatically on the account.
- We have to choose one of these two broker houses: AXI or IC Markets.
- It trades only the EUR/USD currency pair.
- The system works using a “unique artificial intelligence technology for market analysis to find the best entry points.”
- There are “self-adaptive market algorithms with reinforcement learning elements.”
- The robot doesn’t perform risky strategies like Grid or Martingale.
- The system can trade various market conditions.
- It works only on the M5 time frame.
- We can start trading with $100.
- Money-management sets Take Profit and Stop Loss levels for all trades.
- We don’t need to get extra knowledge to start trading.
- There’s not so much to customize.
- There’s a Trailing Stop Loss option for trading big trends.
Euro Master Backtesting Results
We have only a EUR/USD backtest. It was run on the M5 time frame. It used broker trading data from 2004 to 2020. The modeling quality was unknown. An initial deposit was $1000. The total net profit has amounted to $14,114,997. The Profit Factor was 5.51. The maximum drawdown was 18.4% ($636,020). The average profitable trade was $5,781 when the average loss trade was -$184,126.
Euro Master Trading Results
The system runs a real USD account with 1:500 leverage on the ForexChief broker. The account was started on November 11, 2020, and deposited at $10,000. Since then, the growth was 158.96%. The Profit is $15,959. The system works with algo trading. The maximum drawdown is 36.4%. The win-rate is 97.8%. The trading activity is low – 53.4%. Signal’s reliability is low. The signals cost $40 monthly.
As we can see, monthly profits decreased from 63.46% to 23.03%, then to 12.35%, and finally to 2.99% in February.
There were only forty-three trading days (34.96%). The robot holds deals for two days.
As we can see, the drawdowns with risks were decreased.
Now, drawdowns are low and acceptable.
Euro Master closed 45 deals. The win-rate is 97.77% (44 deals closed with profits). The Profit Factor is 105.86. The gross profit is $16,112.15 (3674 pips) when the gross loss is -$152.20 (105 pips). The maximum deposit load is 11.90%. The average trade frequency is four deals a week. An average trade length is a day.
The robot works with low frequency – so there are always warnings from the system.
Euro Master Reputation
Stanislav Tomilov runs a 6653 rate profile with five signals and twelve products. The friend list includes 1616 people.
As we can see, the robot sets wild Stop Loss levels.
Euro Master Review Summary
- Strategy – score (3/10)
- Functionality & Features – score (6/10)
- Trading Results – score (10/10)
- Reliability – score (5/10)
- Pricing – score (4/10)
Conclusion
Euro Master is an all-new robot. The presentation is several sentences long, so there everything should be asked of the developer directly. The robot shows good trading results on the real account trading with a high win-rate and Profit Factor. The offer is $499 for a copy and $299 for an annual subscription.
