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Absolute is an expert advisor that scalps profits from the real market. The system was released a year ago on the MQL5 community. So, it’s time to check it if the system keeps working with a 100% win rate.
The developer’s profile on MQL5
Aleksei Ostroborodov is a founder of Smart Forex Lab. We have an average portfolio of 11 products, 17 signals, and 109 subscribers.
Absolute strategies and tests
We have prepared a list of details, settings, and features that we could manage to find in the presentation.
- The presentation can work automatically on the terminal without a need from our side to interact with it.
- It works with a scalping strategy.
- the accuracy should be over 99.5%.
- There’s a no loss scalping strategy.
- The system focuses on reversal patterns to place orders.
- It doesn’t work with a Grid strategy or with Martingale.
- We can achieve a maximum win rate following trend moves and using SMA and Bollinger Bands indicators.
- There’s a MT4 version of the system provided as well.
- It was tested on the data from the 2015-2020 period.
- It protects orders by placing SL and TP levels.
- We can customize risks how we want.
- There are Trailing Stop and Spread Control features.
- The account should support Hedge.
- We have to work on the $200 balance.
- The leverage has to be from 1:50.
- The advisor should be used on a VPS service.
- There are set files for trading GBPUSD and EURUSD on the M30 time frame.
Absolute backtest report
The developer provided us with a GBPUSD report. The system was tested on the five years data on M30. The modeling quality was 100%. An initial deposit was $3,000. The leverage was 1:200. There was $3,665 of the total net profit obtained. The recovery factor was 7.65 when the maximum drawdown was 0.08%. The robot has executed 351 orders with a 100% win rate for shorts and 99.41% for longs.
Absolute live trading account review
The account was created a year ago. Since then, the system has been working without losses. The broker is WELTRADE.
Absolute trading results on Myfxbook
The trading robot has been working on a real account on WELTRADE with 1:500 leverage on the MT5 platform. The account has a verified track record and trailing privileges verified. It was created on February 25, 2021, and deposited at $1,000. The total gain has become 30.86%. The maximum drawdown is 10.65%.
Absolute statistics on Myfxbook
There were 96 orders closed with 652 pips. The win rate is 100% for both short and long trades. An average trade length is a bit higher than 20 hours.
A table of trading directions on Myfxbook
The advisor works with EURUSD and GBPUSD. Both are profitable and traded almost equally.
Absolute hourly activities on Myfxbook
It focuses on opening orders during the European trading hours.
Absolute daily activities on Myfxbook
Wednesday is the most traded day with 24 orders.
Absolute closed orders on Myfxbook
The system works without Grids or Martingale.
Pricing
Absolute pricing details on MQL5
The price was increased from $75 to $195. We have a single subscription option for $30. The advisor is available for demo usage for free.
Is Absolute a good system to rely on?
The system looks better than average. Anyway, it trades extremely rarely. So, getting our money back will take a year or even more.
People feedback
Customer testimonials on MQL5
The presentation includes various positive testimonials published about the advisor.
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