Forex Ninja Review

by Forex EA Top Team
Forex Ninja
Forex Ninja presentation

Today’s EA to review is a Forex Ninja robot. The presentation looks effective and well-designed. Let’s see if the rest is that cool. This service is quite young, because the year of site creation is 2020, but Eryk Skorzynski noticed that there were gained 3841 pips in 2019. So, we have to rely on getting these results or better ones in 2020. There are several main rules when you try to pick up a robot to work with: you have to check what the strategy is behind, how the strategies perform on the past data and on a real account, margin requirements, and money-back guarantee. If you need advice you’d like to visit our best Forex robot/signals list.

Forex Ninja Features

Let’s gather up all features in the next list:

  • The robot trades fully-automatically.
  • It works on the MT4 platform.
  • A VPS service is required to increase execution speed.
  • We have to run it on the low-spreads (ECN) account.
Forex Ninja Features
  • There’s a profit calculator that allows us to know what profits we have to expect.
  • We can promote a product to get 15% OFF.

Pricing

Forex Ninja Pricing

Pricing is flexible and subscription-based. It depends on the account size and term of using the EA.

Forex Ninja Pricing

The lowest price is $39 when the maximum one is $4050 for huge accounts. The pack includes settings for 24 currency pairs. 

How it works

The developer ignores the need to explain to us what’s up with the strategy behind the system. It’s a huge con.

Trading Strategy

The presentation has zero explanations of what the strategy or strategies are behind the system. The single reason for not providing this intel is that there can be a Grid plus Martingale combo that many don’t like.

Trading Results

Forex Ninja Myfxbook

The robot runs a real EUR account that most likely was deposited several hundred euros on the IC Markets broker automatically. It uses technical indicators, trading with 1:500 leverage on MT4. The account has a verified track record. It was created on March 25, 2020. Since then, the absolute gain has become 135.86%. An average monthly gain is 10.05%. The maximum drawdown was high – 29.80%. It’s tracked by 19 traders.

Forex Ninja advanced statistics

The EA closed 959 trades with 1879.4 pips. An average win is 6.83 pips when an average loss is -21.67 pips. The win-rate is 83% for Longas and 82% for Shorts. An average trade length is over four hours. The Profit Factor is 1.63.

Forex Ninja trading results

The most-traded symbols were USD/CAD (63 deals) and USD/JPY (61). Most profitable by gained pips were EUR/AUD – 222 pips, EUR/NZD – 209 pips, and GBP/CAD – 187 pips.

Forex Ninja trading results

The robot focuses on the trading opening of Asian and European trading sessions, ignoring American and Australian ones.

Forex Ninja trading results

Monday is the less traded day compared with others.

Forex Ninja trading results

The EA works with huge risks to the account balance.

Forex Ninja trading results

The robot uses Grids of only two orders. The developer hid from us Lot Sizes. So, most likely, there’s Martingale on the board. 

Customer Reviews

Forex Ninja Customer Reviews

The presentation includes only positive reviews from customers, but according to the writing style, they are fake.

Forex Ninja Customer Reviews

There’s a page on Forex Peace Army with a single positive 5-star review that wasn’t counted by the system as a trustworthy one. 

Other notes

Forex Ninja developer

It’s insanely rare to see the name of the developer who’s behind the EA (outside of MQL5 offers). It’s a solid pro.

Willing to try automatic trading?
See the best forex robots rating to make the right choice.

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