Green Graph EA is a Forex EA that claims to earn huge profits while using a safe trading strategy. It promises to minimize the risk of loss by managing the trades in a prudent manner. Founded in 2021, this robot has a trading community consisting of more than 100 individuals.
On the official website, the vendor does not share any information related to the parent company. We don’t know the identities of the traders and developers, hence we cannot verify if they have the required expertise to develop an automated system such as this. We don’t know anything about the company’s location either.
Choosing the best Forex robot is not easy, considering how many scam services are flooding the market lately. It requires a thorough assessment of the various system aspects, including trading performance, features, strategy, customer reviews, etc. If you wish to find out more about this, you can check out our best Forex robots list.
Green Graph EA Overview
On the official website of Green Graph EA, the vendor has shared a link to a live trading account on Myfxbook. The main features and advantages of the EA are highlighted, and a couple of backtesting results are provided for two different currency pairs. Then, we have an explanation of how the EA functions and why you should use it. Finally, there are the pricing details, the vendor recommendations, and a contact form for getting in touch with the sales department or the support team.
It seems the vendor is focusing on the actual performance delivered by the system while keeping the marketing jargon to a minimum, unlike some of the other Forex EA vendors. That being said, nothing special or extraordinary is promised for this robot.
Green Graph EA has a subscription package that costs $45 per month. You get access to a single real or demo account, and there are no hidden charges. Support is provided on a 24/7 basis and free updates are installed as applicable. Compared to the market average, this is quite cheap, and moreover, the vendor provides a 30-day money-back guarantee.
How it Works
This Forex EA works with all reputed brokers and does not require any manual intervention to place and manage the trades. The vendor states that the service is almost free since the charges can be recovered through the monthly profits. It also has a smart money management feature that ensures your account does not get exhausted.
The ticks are revised by the robot on the web page server, where advanced algorithms are also developed for the future. It is a user-friendly system that one can install without any technical knowledge.
The proper trend for entering the market is determined by the robot after careful monitoring. The opening positions are computed with the help of a specialized system working on the basis of indicators like Relative Strength Index (RSI), Stochastic, and Exponential Moving Average (EMA).
We don’t think this information is adequate when it comes to the trading strategy. The vendor ought to have provided some technical details about the trading scheme that would have allowed us to gauge the system’s profitability to some extent.
This backtest conducted on the Forex EA resulted in a total profit of $362,186.53, generated over the time period between 2nd July 2019 and 5th February 2021. We can see that 72% of trades were won for this test, but here also the drawdown is high at 31.86%. The daily and monthly profits were 1.01% and 35.37% respectively, while the profit factor was 2.66.
This is a live trading account for Green Graph EA that has been active since 25th March 2021, which means it has been trading for too long. Currently, the total net profit generated through this account stands at $5530.79. The daily and monthly profits are quite decent at 2.55% and 112.25% respectively, but the drawdown is incredibly high at 42.11%.
There have been 504 trades placed through this account to date, and out of these, 353 have been won, which means the robot has a win rate of 70%. The account has a decent profit factor of 1.73.
We were unable to find any customer reviews for Green Graph EA, but this is expected since it is a newly launched Forex EA with short trading history. It would take some time before it manages to build a reputation for itself.