MG Pro EA Review

by Forex EA Top Team
MG Pro EA

MG Pro EA is a robot that was introduced as the most profitable expert advisor by Sinry Advice. There’s a mention that it’s featured by myfxbook-verified trading results.

MG Pro EA Features

Let’s group up split across the site features:

  • The EA trades fully automatically.
  • MG Pro EA is the most profitable software among Sinry Advice’s robots.
  • We can use it with default settings.
  • It opens and closes trades automatically.
  • The expectation profit is up to 10% weekly.
  • The robot received an update several months ago.
  • It can make stable profits, performing with low risks.
  • To get started, after purchasing, we have to send them our MT4 account to get access to real trading.
  • To trade 24/5, we have to rent a VPS service.
  • The minimum deposit for a 0.01 Lot Size is $500.
  • We can trade deals manually after getting 10-20 pips.
MG Pro EA chart

It’s how the EA looks, being attached to any chart.

Pricing

MG Pro EA Pricing

MG Pro EA costs $288 (the original price was $450). The devs provide a 14-day refund policy if the EA was not profitable. 

How it works

It analyses the market in many aspects. For this, it uses trade indicators to spot the best trading opportunities.

Trading Strategy

The robot analyzes the market with twelve inner indicators like Trend, Price Action, checking Support, and Resistance levels. The EA works with AUD/CAD, CAD/CHF, EUR/USD, NZD/CAD, and USD/CAD. It trades on the M5 time frame.

Trading Results

MG Pro EA myfxbook

We’ve got a real USD account with a verified track record. The robot trades through LiteForex, using technical indicators, automatically with 1:200 leverage on the MetaTrader 4 platform. The account was set for September 25, 2020, and funded at $501.21. Since then, the absolute gain has become +33.33%. An average monthly gain is +14.54%. The maximum drawdown is less than 20% (-17.97%). The account is tracked by sixteen users.

MG Pro EA advanced statistics

MG Pro EA closed 232 deals with 2412.8 pips. An average win is 25.96 pips, while an average loss is -22.17 pips. The win-rate varies from 65% for Longs to 69% for Shorts. An average trade length is one day. The Profit Factor is 2.06.

MG Pro EA trading results

There are two most traded symbols: USD/CAD (60 deals) and EUR/USD (60). The most profitable is CAD/CHF (+$34.67), EUR/USD (+$54.27), and USD/CAD (+$37.74).

MG Pro EA trading results

The EA trades during Asian, European, and just a bit of American sessions.

MG Pro EA trading results

Wednesday and Thursday are the most active trading days.

MG Pro EA trading results

The EA works with impossibly low risks. There’s less than 0.01% chance to lose 10% of the balance.

MG Pro EA trading results

As we can see from the results, the EA sets SL and TP levels and hides them from a broker. The robot can cut bade trades without reaching an SL level.

MG Pro EA monthly gain

All months were profitable.

MG Pro EA currency popularity

November’s less traded symbols are NZD/CAD (13.3%) and CAD/CHF (12.4%). 

Customer Reviews

The company doesn’t have a profile on Forex Peace Army.

MG Pro EA Customer Reviews

We’ve found this comment. We are not sure if this is true. There are no other comments on the web. The company doesn’t create a page on the Forex Peace Army.

MG Pro EA Customer Reviews

There’s a comment section on the site. The average rate is 4.9/5, based on 22 reviews.

MG Pro EA Customer Reviews

People who bought it recommend it to us as a stable robot.

Other notes

MG Pro EA Other notes

There is a block like this, which is so questionable. There’s no 74% accuracy because the EA trades with 65%-69% of the win-rate. “80 More Profits” compared with what? “50% lower price” compared with what companies and robots?

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

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