FX Lucky Pro is a robot that is introduced by a no-name developer team like we can get “Benefits From Using Their Expert Advisor – FX Lucky Pro.” The site and presentation look like they were made in an hour from the HTML site template.
There are only two packages of the product we have. The lifetime Basic pack costs $107. We will get 1 real and 1 demo account license. The lifetime Standard pack costs $127 for a lifetime license. The pack is featured by 2 real and 2 demo account licenses. Both of them include 100% auto trading, free upgrades (and updates, right?), and support.
FX Lucky Pro Strategy
- FX Lucky Pro works with “the best strategies.” We have no idea what they meant.
- It uses various trading patterns simultaneously.
- The developers insisted that this should increase the profitability.
- It runs the AUD/USD cross pair.
- The system works only on the H1 time frame.
FX Lucky Pro Features
The presentation is short and doesn’t provide the minimum level of required information:
- The robot trades automatically.
- The system proceeds with open orders to close them with profits.
- The minimum balance requirements are $200. With this balance, we can trade with a 0.01 Lot Size.
- Support is available only 24/5.
- The pack is featured by free updates and upgrades. They should be lifetime ones.
- The EA cares about open orders providing them with SL and TP levels.
- The win-rate is over 90%.
- The robot uses various indicators like RSI, Moving Average, and others.
- The system can calculate Lot Sizes on the desirable risks.
- The robot has various protection from high-spread and high-slippage periods.
- It was backtested on the real tick data for AUD/USD.
- The system makes profits trading in the trend direction.
- The company provides information about the team. It’s awkward because there’s no info about it.
FX Lucky Pro Backtesting Results
The presentation is featured by an AUD/USD backtest performed on the H1 time frame. The period of the used data was chosen from 2015 to 2020. The modeling quality was 90.00%. The spreads were set at 20 pips. There are 32,032 bars in the test with 92,909,170 ticks modeled. The initial deposit was $300. The total net profit was $124,714. The Profit Factor was 43.80. The maximum drawdown was 12.42% ($12,587). FX Lucky Pro has closed 434 deals with 93.04 and 93.63% of the win-rates.
FX Lucky Pro Trading Results
The developers allowed the robot to run on a real RUR account. It was created on September 30, 2020, and deposited at 2,108 RUR. The robot closed all deals, so there’s no margin in use.
The Total Return is 379.2%. An average monthly profit is +45.4%. An average monthly profit is +9.3%. The maximum drawdown is -0.3%. The win-rate is 92.6%. It’s more than 90% that developers mentioned. The Profit Factor is 43.86. An average trade frequency is 0.3 orders daily. The account is on-line for 161 days.
The Risk/Reward Ratio is 4.55. The risks of ruining the account are 0.0%. An average win is 163.65 RUR when an average loss is -46.64 RUR.
The robot works with only AUD/USD.
The system doesn’t trade directions equally. The Long direction has 44 deals closed when the Short direction only 10 deals.
A single magic number means there’s a single strategy on the board.
As we can see, most activities the robot performs at the end of the week. Wednesday is the most profitable day for trading – $2703.68.
FX Lucky Pro trades during the European and American trading sessions.
The robot’s activity is weird. It jumped from 9 to 20 and then decreased to 10 deals in January and February.
As we can see, the robot can easily skip trading for several weeks in a row.
FX Lucky Pro Reputation
The company has a profile with a real account connected to Forex Peace Army. Clients have written no testimonials, so there’s no rate.
FX Lucky Pro Review Summary
- Strategy – score (2/10)
- Functionality & Features – score (5/10)
- Trading Results – score (7/10)
- Reliability – score (6/10)
- Pricing – score (9/10)
Conclusion
FX Lucky Pro is a robot that most-likely scalps in the trend direction. The presentation has poor quality and keeps many questions unanswered. Trading results showed that the system truly makes profits with high accuracy, but on the other side, there’s low-frequency trading.
