Entry Points Pro is a trend indicator designed to work on the MT4 platform. It promises accurate signals for profitable entries that occur without any delays or redrawing. As per the developer, this MT4 tool can be used on any financial asset like indices, cryptocurrencies, stocks, and metals besides Forex. This indicator uses the 15 minutes timeframe to get the best results.
Is this a Perfect Trend System robot still good to go?
Yury Orlov is the developer of this system. It was first published on January 30, 2021, and is in version 8.0 now. The last update was done on March 4, 2021. As per the info on the MQL5 site, Orlov is from Spain and has more than 6 years of experience in trading. He has developed two products, and 4480 demo versions and has a rating of 4.7/5 for his products, and freelance orders. We cannot find a location address or phone contact. Support is mainly via messaging on the MQL5 site.
The developer claims that the signal does not repaint or show delay after it is confirmed. Other important features of this system include special algorithms that help spot the perfect entries and exits which help in increased success rate. A trend filter and signals that help enter a trade in any direction are other features in this indicator. To facilitate a better understanding of the potential profits in trading, the detailed analytics and stats for the previous span are shown by the indicator.
How to start trading with Entry Points Pro
This system works by analyzing the price trend every second on the chart. It uses an integrated algorithm for identifying the right entries and exits. As for the chart timeframe, the developer states that any timeframe is acceptable. The system offers multiple language support and visual as well as sound alerts. With the additional settings and filters, this trend trading tool eliminates all false signals as well as risky trades. The developer does not recommend a minimum balance or leverage for the indicator.
Entry Points Pro Backtests
No backtesting reports are found on the MQL5 site. Backtests are vital for knowing the effectiveness of the trading approach used by the indicator for signal generation. Although they cannot guarantee a similar high performance in the real account, they are sought after by traders to understand the system more effectively.
We found a real USD account using the Grand Capital broker and leverage of 1:100 on the MT4 platform. While the trading privileges are verified, the track record of this account is not verified.
From the above screenshots, we can see similar values of 9314.12% for the total and absolute profit percentage. A drawdown of 54.31% is present for this account with daily and monthly profits of 0.52% and 60.36% respectively. The account was started on February 19, 2019, with a deposit of $10000 and has been stopped in December 2019. The balance amount present is $941,411.82. From the advanced stats, we can see a total of 272 trades being executed with a profitability of 81% and a profit factor value of 11.69. The developer has hidden lots of information and the trading history which makes us suspect that the trading approach is of the high-risk category.
To buy this trend-based indicator you need to pay $125. The developer also offers a free demo version. There is no mention of a money-back guarantee which makes us suspect the reliability of the product. While the price of the system is affordable when compared to competitor indicator products in the market, the lack of a refund and no proven track record make the price not worth it.
We found 238 reviews for this indicator on the MQL5 site. Here are a few of the testimonials.
From the above reviews, it is clear that the signals result in more losses than wins and that this is a scam signal. Another feedback indicates that the losing trades are much more than the winning trades with this service.
- Can be applied to multiple financial assets
- Affordable cost
- The strategy used is not explained
- No backtests are present
- Real account trading reveals suspicious results
Entry Points Pro by Yury Orlov is a trend indicator that promises maximum profits and minimal risks. Our evaluation of the strategy, performance, price, and user feedback shows that this is not a reliable system. The lack of a proven track record and absence of backtests show that the performance is not good. Furthermore, the negative reviews and absence of money-back assurance confirm our suspicions that this is not a trustworthy system.