Sinry Advice has several EAs designed. Swing VIP is one of them. It’s introduced as the first Forex robot that trades Price Action. It’s a lie and manipulation. The EA is a high-profitable solution that trades with low drawdowns.
Swing VIP Trading Strategy
The strategy is based on trading Price Action moves and Trends. It uses price action, trend, CCI, PPO, and other basic indicators and analyses them all together to place a trade. It works with five currency pairs (AUD/CAD, CAD/CHF, EUR/USD, NZD/CAD, and USD/CAD) on the M5 time frame.
Swing VIP Features
Let’s talk about its features:
- The robot trades fully automatically for us.
- The EA has traded during the US election well.
- We can expect to get from 16% to up to 30% monthly profits.
- Win-rate is 76%. Trading results show that it’s 66%.
- The EA makes 83% more profits (?).
- It has a 62% lower pricing (?). Compared with what?
- We can use it with default settings. No extra customizations are needed.
- It opens and closes trades automatically.
- The robot sells for $98. The original price was $250. The pack includes one demo and one real account license. There are free updates and upgrades. The system doesn’t include a Martingale strategy.
- There’s a 14-day money-back guarantee. It’s a small period to check EA’s performance and test it well.
- The robot allows trading only on the Metatrader 4 platform.
- After purchasing, we have to send the number of our account. So, there’s no onsite changing feature.
- The minimum deposit for a 0.01 Lot Size trading is $500.
Swing VIP Backtesting Results
The developers don’t provide backtest reports. It doesn’t allow us to compare how the EA traded several months ago with results it has got with past years’ data.
Swing VIP Live Trading Results
It’s a real USD account on FBS. The EA trades automatically with 1:1000 leverage on the MetaTrader 4 platform. The account has a verified track record. It was created on June 14, 2020, and funded at $10000. The absolute gain has become +93.39%. An average monthly gain is 10.83%. The maximum drawdown is high and equals 27.85%.
As we can see, drawdown periods are consistent and high.
The EA closed 717 deals with 7231 pips. An average win is 26.28 pips when an average loss is -22.10 pips. The win-rate is 66% for Longs and for Shorts. An average trade length is two days. The Profit Factor is 2.24.
The most-traded symbols are EUR/USD (161 deals) and USD/CAD (187 deals). Most of the profits are brought by EUR/USD $2316.
The EA trades mostly during European trading hours.
The less traded days are Tuesday – 118 deals and Friday – 120.
The account is run with minimum risk to the balance.
The robot opens huge Grids of ten orders. It’s noticeable that sometimes the EA uses Martingale orders with 0.20 Lot Size instead of 0.15.
As we can see, since the start, the EA has closed all months with profits.
Swing VIP Reputation
The company doesn’t have a reputation in common meaning. They’re so young for this. There are several partners on the site. Only an XM broker looks trustworthy.
There’s positive feedback on the site. The total rate is 4.9 from 5 based on 56 reviews.
The comments don’t look like real ones.
Swing VIP Review Summary
- Strategy – score (7/10)
- Functionality & Features – score (4/10)
- Trading Results – score (8/10)
- Reliability – score (6/10)
- Pricing – score (9/10)
Conclusion
Swing VIP is a trend, price action, aggressive grid, and conservative martingale EA with half a year of trading results on the real account. Everyone has to decide before buying if he or she is ready to trade ten-order grids because if you run the EA on an ECN account, you’ll be charged for commissions for each open trade. Many traders would like to run it because the grid is quite a risky strategy.
SWING VIP!!! BIG CHEATERS, SAVE YOUR MONEY AND STAY AWAY.
Short comment: CHEATERS.
I DON’T WANT TO FILL THIS PAGE WITH PROOF DOCUMENTS, BUT EVERYTHING, EVERY WORD MENTIONED HERE IS DOCUMENTED WITH ME AND READY TO PASS IT TO WHOMEVER WANTS IT.
Long comment: I bought one of their EAs (Swing VIP) tested it on Demo account and it didn’t work for me. It opened seceral trades, 7 or 8 trades, all of them went on loss for a few days and the EA kept struggling a week time trying to get some positive results but it couldn’t. So I stopped it and deleted this demo account.
I wrote to this people within the first 10 days asking them for a 100% refund as they state on their website: “14 days money back guarantee in case of dissatisfaction” … and ….. “If not profitable in 14 days, send us an Email and apply for 100% refund”.
Sounds good so far!
But here they started to play all their tricks. They asked me to send supporting documents, screenshots of expert, journal tab and also trade statement in order to make a refund!! I said I deleted this demo account because such requirement were not mentioned on your website and all what you need, as you claim, is an email asking for 100% refund.
So a long email argument started and did not end up to any result until I gave up.
Do yourself a favor and STAY AWAY