Genius Assets was an advisor published by the mql5 web site around 3 months ago. Automatic updates are available to make sure you have the most current, efficient system in place to keep up with market changes. Genius Assets is easy to use. Simply attach the EA to your chart and choose your preferred strategy. Click OK to be ready to go.

Roman Erokhin from Russia created the EA. He has also created Angry Lion, Golden Fleece and Golden Coup. He has no trading experience.

[wptb id=16694]

Genius Assets
Type	Fully automatic EA
Prices	$650, $600
Strategy	N/A
Compatible platforms	MT4, MT5
Currency pairs	EURUSD, GBPUSD
Timeframe	H1
Recommend minimum Deposit	$100
Deposit recommendations	N/A
Utilize leverage	1:10

Below are the characteristics of the system:

It’s easy to install and FIFO compatible.
It doesn’t work with grid, martingale, hedge, or other risky money management methods.
This system uses a take profit and stop loss for each position.

Trading strategy explanation

Genius Assets’ trading strategy is described by the vendor as opening virtual trades. The EA then monitors the market to identify the ideal entry point. The EA can then open and manage real trades automatically once it has identified a trading opportunity.

Backtest data analysis

The data shows that the robot was backtested with a $1000 deposit. After completing 2447 orders it made a massive profit of $546024222. EA’s high profitability rate was further highlighted by the 13.61% profit factor. Outstanding were the win rates for both short and long positions (99.75%). Low trading risks were involved, as evidenced by the small drawdown generated—15.28%. Average profit was $24172.91 and average loss was $481236.90.

Live trading data analysis

Trade Results
Account for MQL5	Real (USD), ForexChief
Started	April 28, 2022
You can deposit	$200
Balance	$207.31
Gain	3.15%
Daily	N/A
Monthly	3.16%
Drawdown	2.6%
Profitability	$6.31

These are live results from the EA. However, they haven’t been confirmed by Myfxbook. This account was created just days ago and it started trading using a $200 deposit. The generated profit has reached $6.31 so far. This equates to a 3.15% increase in profit. A trade lasts on average for one hour. Safe trading is recommended because of the small drawdown (2.6%).

So far, only one order has been made. The bot does not trade often, it is evident.

Reviews from customers

Genius Assets has just 5 reviews on MQL5. They are satisfied with the service and claim that it’s very profitable. Only one client dissatisfied with the service claims that it works flawlessly in backtest mode.

Review summary

There are pros

Results from backtests are also included
Worked with both a stop loss or take profit
Avoid dangerous trading techniques

Cons

Trades are very brief
Costly
Two currency pairs supported
The live trading stats provided are not verified

Genius Assets has a backtest and can use a take-profit and stop loss to manage risk. Since it’s still new, however, the EA only has a limited trading history on the market. It is also suspicious that the vendor failed to execute the algorithm on trusted sites like FXBlue and Myfxbook.

[wptb id=16694]