Cosmonaut FX EA Review

Cosmonaut FX EA Review

Cosmonaut FX EA, a fully-automated expert advisor comes with order protection. This robot is claimed to have minimal drawdown and doesn’t use any harmful martingale strategies. They offer a 14-day money back guarantee that conforms to EU standards (DIRECTIVE 200983EU and 199944EC).  Below, we will provide more information about the product to assist traders in making a better choice. Continue reading.

Cosmonaut FX EA Review

Min Deposit of 5$
Allow Cent Acount
Levergae up to 1:888

Cosmonaut FX EA Review

Min Deposit of 20$
Levergae up to 1:500
Spread 0, suitable for EA trading

Brandname

Type

Fully automatic EA

Pricing

299 Euro (Optimal), 249 Euro (Economy)

Strategy

N/A

Compatible Platforms

MT4, MT5

Currency Pairs

12

Time frame

M5

Minimum Deposit Minimum Deposit

N/A

Recommendation Deposit

N/A

Utilize leverage

N/A

Trading strategy explanation

Cosmonaut FX EA robot analyzes price channels and determines when the price is significantly below its average. It then chooses the best conditions to open a trade. The smart money management system allows it to trade in 12 currencies and maintains the drawdown. The martingale is not involved.

These are the features

These are the features of the robot:

  • Works across 12 currency pairs

  • You can automate it 100%

  • This algorithm includes smart money management features

  • It is simple to use

  • You get unlimited licenses when you purchase the product

Backtest data analysis

The website has a downloadable zip file that contains backtesting records. Backtests were inspected for USDCHF, which covered the period 2012-2022. The modeling quality for these stats was 99%. Spread was average at 10 points.

According to the relative drawdown value, it was 31.67%. This means that trading can result in a loss of nearly 50%. A 5000.00 USD initial deposit was turned into an estimated net profit of 1096113.71. With an expected payout of 1252.70, the profit factor was 2.81. The total trades had 875. Of these, 12.46% of them were lost.

Live trading data analysis

On the robot’s site, a screenshot that appears to show live trading results was shared. These statistics track the performance of the bot from January 5, 2010, to March 22, 2022. We don’t know if Myfxbook, a trusted authority verifies their authenticity. It reduces their reliability.

You can see that there was an average monthly growth of 6.35%. This is slightly higher than the industry safe limit. A 1000 USD initial deposit was turned into a profit of 9,469.411.43 US dollars. We don’t have enough information to determine other metrics such as the profit factor and average holding time. The spread value and percentage distributions between loss trades and wins are not available.

Screenshot of live trade results from the website.

Trading results

MyfxbookAccount

N/A

Started

January 5, 2010

You can deposit

$1000

Balance

$9,470,411.45

Gain

946941.14%

Daily

0.21%

Monthly

6.35%

Drawdown

21.96%

Profitability

N/A

Review summary

There are pros

Cons

  • Backtests are available and results can be viewed live
  • High DD in backtests
  • The strategy is not clear
  • Contact information is not provided by the seller

Cosmonaut FX EA doesn’t explain well the strategy logic. Also, the seller does not provide any contact information such as a phone number or address for company, nor did they give a registered email. Also, there was no customer feedback on this EA that we could find from Trust Pilot or Forex Peace Army. We are unable to find any feedback from customers about the system. Subpar performance is also evident from the observation of excessive drawdown during backtests.

Cosmonaut FX EA Review

Min Deposit of 5$
Allow Cent Acount
Levergae up to 1:888

Cosmonaut FX EA Review

Min Deposit of 20$
Levergae up to 1:500
Spread 0, suitable for EA trading

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