Perfect Score is a robot that’s listed on the MQL5 forum. It has this beautiful squirrel as a logo with high scores.
The EA doesn’t have a welcome and beginner-friendly, as the dev said, pricing.
The robot is sold for $1500. Renting can be an option for those who don’t have much money to buy it. The three-month rent costs $400. A demo download allows us to backtest it.
The current version of the EA is 4.78, with the last received update from September 14, 2020. It was demo-downloaded 7679 times.
Perfect Score Trading Strategy
The robot starts working on the opening of the European session and focuses on short-term reversal patterns that work with moving symbol prices to their average value during the session.
Perfect Score Features
- The robot is a fully automated trading solution.
- It uses short term reversal patterns in a trading system.
- The EA doesn’t use indicators.
- Also, it doesn’t use risky strategies like Grid, Martingale, and Arbitrage. It’s funny because arbitrage software costs over $15000. What’s the reason to write that the robot that costs $1500 doesn’t use it?
- It includes a money-management system that protects from high spreads and slippage.
- Lot Size can be fixed by us or automatically calculated by the EA based on % of risks.
- It trades on the M5 time frame.
- The minimum account balance should be over $50. (For Standard account or Mini? It’s unclear).
- The symbol to trade is EUR/USD.
- The system sets SL and TP levels to care about any trade.
- GMT settings should be set attentively according to a broker GMT Offset.
There’s a list of settings for everyone to check without a need to ask them via email and wait. We respect this MQL5’s requirement because people won’t buy a cat in a bag. It’s good to see an explanation about TP in pips for 4 and 5 digit brokers. This move is paying respect to future customers. The system is featured by trailing SL for those who can wait to fix gotten profits.
Perfect Score Backtesting Results
We’ve got a 20-year backtest of EUR/USD on the M5 time frame. The modeling quality was 99.90%. An initial deposit of $300 has become $9.1M of the total net profit. The robot closed 1655 trades with a 100% win-rate. Of course, it’s impossible in real trading.
Perfect Score Live Trading Results
There’s a real USD account on ICE-FX with Verified Track Record. The robot trades using Technical indicators (the dev said that it didn’t use them) with 1:300 leverage on the MetaTrader 4 platform. The account was deployed on March 05, 2020. For half a year, the absolute gain has become +783.26%. The average monthly gain is +30.50%. The maximum drawdown is high as well (-31.77%). Sixty-nine traders track the account.
The robot closed 71 deals with a 100% win-rate. An average profit trade gets +20.37 pips. An average trade length is one day.
The EA trades a Longs direction more often than a Shorts one.
It trades only an LTE opening hour.
It trades every day with increasing activity on Thursdays.
There’s an unlimited number of trades that should be closed to lose a part of the account balance because no trades were lost.
Most trades were closed within an hour.
The account has a maximum level of transparency because we can see open trades. This one is in the drawdown spot now.
All trades were closed automatically after reaching TPs.
The average win month has brought +10% of the monthly gain with not so high risks to the account balance.
Perfect Score Reputation
The robot has a four-star rate based on much feedback.
The developer has his own Telegram channel with 1859 followers.
The community is quite active because every second user reads his messages.
Perfect Score Review Summary
- Strategy – score (10/10)
- Functionality & Features – score (8/10)
- Trading Results – score (10/10)
- Reliability – score (8/10)
- Pricing – score (3/10)
Conclusion
The robot operates a real account where it’s run since March 2020. The trading results are good, but the EA sets Stop Loss levels at -200 pips and Take Profit ones at 16-25 pips. So, to cover one loss, the robot should win 18-22 deals in a row. If the robot closes three deals with SL losses, we’ll need three-four months of profitable trading to recover them.
The pricing is a big deal for many traders. So, the average trader can afford him or herself to spend (15%-20%) of the account to buy a new robot. It means there’s no luck for those who have $1000-$5000 accounts. There’s no money-back-guarantee. It makes purchasing the Perfect Score EA a risky investment.
