Silent Master is a trading advisor that was released on the MQL5 platform. The system was downloaded only 93 times for demo usage. The developer is Evgeniy Machok. The publishing day is July 21, 2021. The last update was applied a day after.
Silent Master strategy
- It scalps at night sessions.
- It works with EURUSD only.
- The time frame is M5.
- It trades on the MT 5 platform (MT 4 version is also available).
Silent Master features
Let’s talk about what we have got. There are not so many details explained.
- The system will work automatically for us on the terminal.
- We can enjoy the last copy for $99.the next price will be $149.
- The robot works during nights when the market is calm.
- There are elements of machine learning applied.
- It covers open orders by placing stop losses and customizing drawdown parameters.
- The advisor doesn’t use Martingale, Grid, Arbitrage, or other strategies.
- The system is a set-and-forget trading solution.
- The advisor requires to be run on a broker with low spreads.
- The minimum deposit requirements are $100 for each pair for each 0.01 lot size.
- It works with EURUSD because this pair is recommended.
- The main time frame is M5.
- It works on the MT5 terminal.
- The default parameters are customized for EURUSD.
- “Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.”
The robot is available for $99. There are no rental options provided. We can download the robot for demo usage and backtesting.
Silent Master backtesting results
The system was tested on EURUSD on the unnamed time frame. The modeling quality was 100.00%. The initial deposit was $100. It has become $63,499 of the total net profit. The profit factor was 6.32. The maximum drawdown was 17.91%. There were 865 orders traded with a 91.25% win rate for shorts and 94.52% for longs. The win streak is 29 orders.
Silent Master live trading results
The system works on a real USD account automatically on IC Markets with 1:500 leverage on MT4. The account has both a trading record and trading privileges verified. It was created on July 05, 2020, and deposited at $350. Since then, the total gain has become 27.89%, and the average monthly gain is 1.67%. The maximum drawdown is almost twice deeper than the one we have on the backtests–37.76%.
The system closed 298 orders with 324 pips. An average win is 2.23 pips when an average loss is -3.44 pips. The profit factor is 1.13. The accuracy is 79% for longs and 100% for shorts. An average trade length is 1 hour and 3 minutes.
The directions are traded equally by profits but aren’t equal by deals closed.
The system opens orders right after Midnight.
Monday is the less traded day with 46 orders.
The system works with insanely deep risks. Only three losses are needed to lose 10% of the account.
The system hides SL and TP levels from a broker. An average profit is just several pips.
The system works completely unpredictable.
Silent Master reputation
Evgeniy is a developer from Russia. He has a 597,596 rating. There are 14 products in his portfolio. The dev has over seven years of trading experience.
We have a single testimonial about the system. We cannot be sure it’s from a real customer.
Silent Master review summary
- Strategy – score (8/10)
- Functionality & Features – score (4/10)
- Trading Results – score (3/10)
- Reliability – score (3/10)
- Pricing – score (9/10)
Silent Master doesn’t look like a stable and comfortable solution to work with. We don’t know why the developer decided not to update it to make it work smoothly and predictable. The offer doesn’t include a refund policy. Lack of testimonials informs us that we have to wait.
