Is a Perfect Trend System robot still good to go?
Having come to the presentation of Perfect Trend System we were immediately offered by the free indicator. To get this we have to provide our email.
The presentation started with several positive statements and a -20%OFF discount.
The dev explained the golden rule of trend trading: “Jump on trends with very strong momentum, preferably after the first bigger retrace and then ride the continuation of these strong trends!”
These screenshots talked nothing new about trends. Everyone knows it, but the most important is how the system works with timeframes and indicators.
So, how does it work? The answer is “PTS makes complex calculations on 3 different timeframes to measure the momentum of the trend. You couldn’t do that with your eyes by visually analyzing the charts, even if you would know what you have to look for.”
The robot runs on the real EUR account on XM with 1:500 leverage on the MetaTrader 4 platform. As you can see, a lot of data was hidden. The gain was +840% during a year of trading. The monthly gain is 20.19%. The max drawdown is extremely high and equaled 58.3%. For the many accounts, the max DD like this is burning it.
There have been traded 378 trades with 9559 pips. The average win-rate is between 81% and 85%. The average win in pips (32.85 pips) is three times higher than the loss (-11.11 pips). The profit factor is one of the best we’ve ever seen and equaled 10.46.
The EA can successfully make a profit trading with all the currency pairs.
The robot works mostly during the European trading session.
When the robot stopped trading the risk was reset at the lowest level to attract people who don’t understand this trick.
As we can see from the charts, at the start of the marketing company the robot ran with the maximum possible risks. After April 2019, the risks have been set at 1-3%.
There are 61 reviews. Most of them are positive, including the period when the robot stopped trading at the dev’s main account.
The dev provides a free version of the Magic Entry System that’s behind the V-Power Trading System. To download it, we have to proceed with email verification.
We’ve got two packages. The first one is an annual payment that costs 143EUR. For this money, we’ll receive an EA and user manual. For 240EUR it’ll be a lifetime license. Refund policy is so, so strange: “7 Days Money Back Guarantee! No questions asked. I will directly refund your money if you request within 7 days after your purchase.
Exceptions: If I already answered questions about the system then I invested my personal time and then I can’t give you a refund or if you downloaded the free version before the purchase.” It’s a typical scammer or Russian way to operate with clients. Dude, you have to answer questions for free. It’s called supporting clients and if the robot works not well, you have to refund without these fraud requirements.
- Well-explained strategy
- Real account trading results
- Extremely high “profit factor”
- Work with all currency pairs
- Much positive feedback
- Medium pricing
- High max drawdown
- Mediocre profit on the low risks
- The package is not well explained
- Unfriendly refund policy
So, the robot can provide 1-5% of the monthly gain trading with 1-2% risks. It’s an average result we expect. According to people’s feedback, they’re happy to use the EA to trade. We’d like to say it’s the most important part of every robot designer when his or her clients can be profitable with the bought EA.