SIEA Zen is a trading solution that has average success among the Forex-related MQL5 community. The presentation includes a backtest report and trading results but lacks explanations and settings details.
The robot is available for $999 for a single real account copy. We have three subscriptions available for $299 for three months, $499 for half a year, and $799 for a year. The system can be downloaded for demo usage.
SIEA Zen trading strategy
- We don’t know details about the strategy.
- Trading is allowed on all 28 main pairs.
- Possible time frames aren’t mentioned either.
SIEA Zen features
The presentation includes details about settings, strategies, and other viable information about the system.
- The advisor works automatically for everyone who purchased it.
- We have only several copies for $999 left.
- The next price will be higher.
- “The keys to success in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis.”
- The developer has over ten years of Forex related experience.
- It was systemized in the Stein Investments Expert Advisor (SIEA) series.
- There’s a balance between ROI and surviving on the market.
- It gives us “peace of mind.”
- We can set GMT settings automatically.
- “SIEA ZEN closes all its positions at the end of every month and starts a new cycle at the beginning of the next month.”
- It works with low drawdowns.
- We have an average trade length of four days.
- There’s a news filter applied.
- It works with swaps calculated.
- It has survived various unhealthy market conditions.
- There’s SL level placement.
- We can work with our risks.
- There’s several versions of SIEA: Zen, Max, and Pro.
- The robot works on the MT4/5 platform.
- A VPS service is a good option.
SIEA Zen backtesting results
This report was received after testing 28 currency pairs with a 100% quality. An initial deposit of $100,000 helped to provide $98,116 of the total net profit. The maximum drawdown was 5.54%. The profit factor was 7.12. It has executed 460 deals with 75% of the win rate for shorts and 65% for longs.
SIEA Zen live trading results
The robot has been working on a real EUR account on JFD. The leverage is 1:200. The advisor receives data from MT5. The account has a verified track record. It was created on July 12, 2021, and deposited at €10,000. Since then, the absolute gain has become 4.33%. An average monthly gain is 0.82%. The maximum drawdown is 2.06%.
It has traded 34 deals with 1181.7 pips. There were 2.10 lots traded. An average win is 65.60 pips when an average loss is -39.27 pips. It traded only 2.10 lots. The win rate is between 63% and 80%. An average trade length is four days. The profit factor is 2.90.
It works with many cross pairs and has lost three of them. It’s not professional at all.
The advisor opens more orders during the European trading session and after midnight.
Wednesday is the most traded day with 11 deals in total performed.
It works with low-medium risks to the account balance.
It places orders with various lot sizes on the terminal.
SIEA Zen reputation
Daniel Stein is a developer from Germany with a 110,857 rate with 18 products in the portfolio. He has over seven years of trading experience. They have a 5 rate based on 421 pieces of feedback.
We have a few testimonials written about the system. We don’t know if they are relevant.
SIEA Zen review summary
- Strategy – score (5/10)
- Functionality & Features – score (6/10)
- Trading Results – score (7/10)
- Reliability – score (6/10)
- Pricing – score (3/10)
SIEA Zen is a robot that works on a well-deposited account. Trading results showed that the advisor can easily lose a month. We don’t know if the system will work well in 2022.
