The Money Tree Robot Review
Money Tree Robot is an automated trading system that guarantees high returns due to its proven strategy. The robot earned more than 700% profit over three months, according to its vendor. The FX EA’s interface is simple even for those with no trading experience. Live trading results are provided by the vendor to verify the effectiveness of the FX EA. This software was developed by Cory Ross. His industry experience is over twelve years. LeapFX is known for their FX trading tools, and related products. He developed the product.
[wptb id=16694]
The Money Tree Robot
Type |
Fully automated EA |
Pricing |
$597, $899 |
Strategy |
Dynamic trailing |
Compatible Platforms |
MT4 |
17 currency pairs |
|
Timeframe |
N/A |
Minimum Deposit Recommended Minimum |
N/A |
Referred Deposit |
N/A |
Utilize leverage |
N/A |
Trading strategy explanation
This software is easy to install and does not require any adjustments.
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Grid and hedging are not used in the system.
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You can use it in conjunction with prop firm trading because it is compatible with Prop firm.
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FX EA’s winning rate is more than 90%
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The ATS operates on 17 currency pairs.
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FX Robots use a dynamic tracking system strategy.
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All orders come with a tight SL and no losing streaks.
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FX EA employs a combination of custom volatility filters as well as custom moving average filters.
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In order to secure profits quickly, the robot looks at a current trend in price momentum.
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The smart filter prevents trade losses and trades are therefore more frequent but not daily.
Backtest data analysis
The system does not have backtests. Backtests allow you to compare historical data with the system’s effectiveness. Backtesting is not able to predict the future, but traders prefer it because it allows them to understand and evaluate the effectiveness of their strategy. It is difficult to evaluate the effectiveness of the system without backtests.
Live trading data analysis
Trade Results |
|
Myfxbook account |
Real (USD), Blaze Markets |
Started |
February 2, 2022 |
You can deposit |
$1000 |
Balance |
$11,029.60 |
Gain |
1,002.96% |
Daily |
2.19% |
Monthly |
98.10% |
Drawdown |
18.79% |
Profitability |
93% |
Myfxbook verified that the vendor has a USD real-live account. This is a screen shot of the growth curve, trading stats and other information.
The above pictures show that the total profit is 1006.45%. There are a daily and monthly profits of 2.17%, respectively. An account that started with $1000 in deposit has an 18.79% drawdown.
Total 193 trades had a profitability rate of 92%, and a profit ratio of 3.35. Both long- and short-term trading position win rates are high. They range between 91% to 92%. The average loss of -$285.7 is three times greater than that of the win rate (80.62). This means the system is high-risk. A losing streak of four deals will result in 10% loss of your account balance.
We can see from the trading history that losses are more common than wins. Because of Martingale, a lot is concealed. The results of trading are great, however Grid combined with Martingale will quickly ruin your trading account.
Pricing
The FX Robot can be purchased for $597. This is for a one-year subscription to the software. The ATS lifetime membership will run you $899. The membership packages include free updates, customer service, best recommendations and a 30-day guarantee. We find that the cost of the membership is higher than the prices for comparable systems on the market.
Get Support
Support is provided by the vendor via an email address and an online contact form. Other support options, such as FAQs, live chat, or FAQ, were not available.
Review by users
We could not locate any user feedback on this FX EA from trusted third-party websites like Forexpeacearmy and Trustpilot. We did find reviews on Trustpilot for this company. The company has 14 user reviews and a rating from 4.1/5. The company’s products, such as Dynascalp or Trade Explorer, are well-received by users. These products are effective.
Review summary
There are pros
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This software is fully automatic
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Refund policy
Cons
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Hidden data in verified results
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A small sample
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Expensive pricing
Money Tree Robot promises a high monthly average return as well as short-term trades. Live verified results from the vendor show that the sample is very small, and there are no details about which lots were used. While the small sample suggests random results, the secret data casts doubts on the reliability of the product. We also found other flaws in the product, such as the high price, the risky trading approach, and the insufficient vendor information.
Responses