ForexEzy
No Result
View All Result
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Getting Started
  • Forex Education
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Getting Started
  • Forex Education
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts
No Result
View All Result
ForexEzy
No Result
View All Result
The World’s Leading Social Trading Platform
Try now
Home Forex Tools Forex Robots

FXSecret Immortal EA Review

by Richard Brase
March 31, 2020
in Forex Robots
0
FXSecret Immortal
1
SHARES
11
VIEWS
Share on FacebookShare on Twitter
The Best Forex Robots Report Is Already Here!
best forex robots
Check out 30+ best expert advisors with daily updated live results and statistics
Click Here

How good is FXSecret Immortal?

As we can see from the box, the robot has been designed in 2019 and got 3 strategies on the board. FXSecret has been introduced as a “private community of successful traders that provides the best-automated solutions for trading on Forex Market”. The company has been established in 2012, but a robot design has been started in 2009.

The devs told that the robot has combined three systems, but there was nothing about patterns or strategies behind them. They told, “It is possible to choose in the settings of the EA whether to use all three systems or a certain number of them if needed.” For us, it’s nonsense, because how do people decide that one of the strategies doesn’t fit them? By a number of the strategy?

FXSecret Immortal chart

The devs explained these fails by they’ve improved well-worked algorithms. It’s a lie. 

The robot designer said “Now that we are confident and sufficiently convinced … we are ready to offer this combo system to you. … and the results of its trading you can see starting from April 2018.” 

FXSecret Immortal statistics

Just take a look at this madness. It’s an impossible level of risk.

The minimum deposit for “reliable” trading should be $1400. For aggressive trading, it’d be $700.

FXSecret account trading results

FXSecret Immortal Myfxbook

First of all, it’s noticeable that they use the Cent account instead of a real USD one. The robot provides just 5.34% of the monthly gain with max drawdown 65.84%. If they traded with leverage that would be zeroed an account. FXSecret Immortal trades through Forex4you broker on the MetaTrader 4 platform.

FXSecret Immortal advanced statistics

There have been performed 2107 deals with 2141 pips.  The win-rate is impossibly low and equaled 53% for longs and 50% for shorts. So, here’s the question. What strategy we should disable to increase the win-rate: the first, the second, or the third… or it would be better to turn off all of them and don’t buy the robot? The profit factor is 1.13. 

FXSecret Immortal statistics

The EA focuses on trading the EUR/USD currency pair.

FXSecret Immortal statistics

As we can see from the chart, some of the hours have got very low win-rate.

FXSecret Immortal statistics

Once again, it’s the risk of ruin intel.

FXSecret Immortal statistics

The last performed trades have been two weeks ago.

FXSecret Immortal monthly gain
FXSecret Immortal monthly gain

The robot trades completely unpredictably. 

Pricing

FXSecret Immortal Pricing

FXSecret Immortal costs $550 and provides us with one license for the real account, changing account online unlimited, settings for easy set up (what does this mean?), and lifetime support 24/7. 

FXSecret Immortal Robot Summary

Pros

  • Real account trading results
  • One currency pair trading

Cons

  • No strategies explanations provided
  • No settings explanations provided
  • No backtests provided
  • No money-management and news filter settings explanations provided
  • Very weak trading results
  • Completely unpredictable trading results
  • Trading with an extremely high risk
  • Extremely low win-rate
  • Extremely low “profit factor”
  • Extremely high max drawdown
  • The robot can easily lose 7 trades in a row
  • One currency pair trading
  • Overwhelmingly high price
  • No money-back-guarantee provided
  • No demo accounts provided
  • No people feedback across the web
  • No free updates

The list of the cons told for itself. We can see the robot that should be paid $550. High-risk trading with no leverage on the cent account is not a thing that should convince us to buy a robot. It a completely unpredictable bad-designed robot. The last results showed that 7 deals can be closed with losses, but one with increasing lot size can cover the loss, but, oh man, it’s not smooth trading. The devs provided no demo accounts, so, we won’t even try it, as well as, there’s no 30-day money-back guarantee for us to be covered. 

The Best Forex Robots Report Is Already Here!
best forex robots
Check out 30+ best expert advisors with daily updated live results and statistics
Click Here
Share1Tweet
Previous Post

Uncertainty Grips Forex Market As Equilibrium Shifts On COVID-19 Pandemic

Next Post

WinFX Review

Related Posts

GPS Forex Robot 3

GPS Forex Robot 3 Review

by Richard Brase

GPS Forex Robot presentation starts with a video and photo of a developer. The robot introduced an EA that can...

Profit Lab EA Review

Profit Lab EA Review

by Chintan Patel

The vendor claims that Profit Lab EA provides a smart lazy way for users to profit from the Forex market....

Forex Steam

Forex Steam Review

by Adam Stanley

Forex Steam is an expert advisor built to trade on the MT4 platform. The developers claim that their automated trading...

Forex Fury

Forex Fury Review

by Richard Brase

Forex Fury is an automated trading system designed for trading any pair, indices, or crypto. It is compatible with NFA,...

WallStreet Forex Robot

WallStreet Forex Robot Review

by Tim Baudin

WallStreet Forex Robot 2.0 is the latest version of the long-standing expert advisor released in March 2011. This EA is...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Best Forex Automated Systems

  • TechBerry 9/10
  • Happy Galaxy 8.5/10
  • Forex Cyborg 8.5/10
  • Forex Fury 8/10
  • FXgoodway 7.5/10
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Forex Managed Accounts

Top Trading Markets

We are dedicated to demystify the world of forex trading for you – no matter what level you are on.

Categories
  • Automated Trading
  • Cryptocurrency Trading
  • Day Trading
  • Forex Basics
  • Forex Brokers
  • Forex Education
  • Forex Forecasts
  • Forex Indicators
  • Forex Market Commentary
  • Forex Robots
  • Forex Signals
  • Forex Tools
  • Forex Trading Strategies
  • Forex VPS
  • Fundamental Analysis
  • Managed Accounts
  • Money Management
  • News
  • Risk Management
  • Social Trading
  • Technical Analysis
  • Top World Traders
  • Trading Apps
  • Trading Psychology
  • Uncategorized
Tags
arbitrage atr Avalanche AVAX Coin bollinger bands cci chart patterns classics copy trading courses Crypto day trading forex brokers forex charts forex ea forex education forex forecasting Forex Indicators forex software reviews grid trading hedging ichimoku macd market cycles news trading oscillators Polkadot price action trading rsi social trading SOL Solana strategies tips & tricks trading bots trading platforms trend trading Video
  • Terms of Use
  • Privacy Policy
  • Compensation Disclosure
  • Risk Disclosure
  • About Us
  • Contact Us

Copyright © 2023 by ForexEzy.com

No Result
View All Result
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Getting Started
  • Forex Education
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts

© 2023, Forexezy. {copy} {year}