Green Graph EA aims to provide green pips through safe trading techniques that are incorporated into a self-developing robot. The Algorithm is fully automated, installs easily, and offers smart money management for a price of $45 a month.
You can buy the EA for a price of $45 a month, which includes licenses for one live and demo with 30 days money-back guarantee. The package for $75 comes with additional services such as free VPS and free updates.
Green Graph EA Trading Strategy
Gree Graph EA utilizes an in-between approach between day and swing trading as the average duration of each position hangs from a few hours to one or two days. It can work on multiple major and minor currency pairs and place trades based on trends. For efficient scanning of market direction, the robot uses EMA, Stochastic, RSI, and some secret mathematical formula currently undisclosed by the developer. The algorithm calculates the entry and exit points.
We can deduce that the EA uses some martingale or grid strategies from the separation between the equity and balance curve. The developers recommend using their expert advisor with a minimum balance of $100 or 1000 cents, a good internet connection, and a MT 4 account with 1:500 leverage.
Green Graph EA Features
The EA works with all brokers, whether standard or ECN. The provider also has their list of recommendations which may be affiliate links. There is no need for manual intervention when the robot is trading. Other than this, the developers provide verified results over Myfxbook and Forex Peace Army and customer support with continuous updates. The algorithm keeps updating itself as it remains connected to the website, preparing it for better future transactions. Founded in 2021, the website states it has over 1000 monthly visitors and more than 100 traders connected to their service.
The company also advises traders to be careful with leveraging and understanding the basic concepts of risk and trading. In addition, a customer should consider losing his money, and demographic restations before investing.
Green Graph EA Backtesting Results
Backtesting results are available for only EUR/AUD and GBP/USD even though the results on live accounts depict different currencies. This indicates that the developer is showing performance on the best pairs. With a modeling quality of 90%, the test showed a drawdown of 31.17% on GBP/USD with a monthly outcome of 41.17%. While for EUR/AUD, it tanks 35.37%, with a downside to 31.86%. The robot traded from July 2019 to Feb 2021. The average win rate was 72% for both pairs.
Green Graph EA Live Trading Results
The robot showed performance on a cent account with an initial deposit of $50 on Myfxbook at Roboforex. The system showed a considerable drawdown of 42.11% daily. The use of the cent account indicates that the author wanted to limit the downside as much as possible. The algorithm operated for three months, beginning from March 2021.
Huge daily drawdowns are apparent from the chart.
Following other conclusions are available:
- Profit factor and win rate. The system trades with an average risk/reward ratio of 1.80 and has a win rate of 70% percent that corresponds with the backtest.
- Deposit and withdrawals. With total funding of $50, the trader has withdrawn $58.50 from his trading account. He made 3.6 dollars on his best and lost $3.3 on the worst trade.
Green Graph EA Reputation
There are no reviews present on Forex Peace Army or other websites regarding Green Graph EA. This is because the robot was made available to the general public recently.
Green Graph EA Review Summary
Strategy | 3/10 |
Functionality and features | 4/10 |
Trading results | 2/10 |
Reliability | 5/10 |
Pricing | 9/10 |
Conclusion
With tons of expert advisors that crowd the industry, it can be hard to select the best one. As general advice, a trader should stay away from systems that are new and present huge gains over a short period. With no significant history, these robots are sure to introduce your account to margin calls.