EA Smoke is a trading solution that was designed and released on MQL5. The publishing date is July 02, 2021. Since then, the system has been downloaded 190 times. The presentation doesn’t look great and is well-written.
Vitali Vasilenka is a developer from Belarus. His rate is 14,336. His products are rated by 4.7 based on 434 reviews. After seeing these trading results, it’s hard to believe that his products are relevant.
We can check other products in the developer’s portfolio. There are six accounts with signals available.
How EA Smoke Works
There are some details and features explained. The rest we had to find on our own.
- The system knows how to trade without interacting with people.
- The advisor was designed to work on the MT5 platform.
- The affordable price of $149 is available only for the last several copies.
- The next one will be $449.
- It’s a high price for a just-published trading solution.
- The system checks trend indicators to get in the trend.
- The system skips trading with risky strategies like Grid, Martingale, Doubling, and Averaging.
- There are seven pairs available to work with: USDCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD.
- The system executes orders on the M5 time frame.
- Every cross pair requires to be supported by $50 of the balance.
- The robot needs low slippage.
- It works well only on the ECN type of account.
- The system requires it to be used on a broker with the lowest spreads.
- The optimal leverage starts from 1:500.
Timeframe, Currency Pairs, Deposit
- The robot works with Trends.
- We can trade the next cross pairs USDCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD.
- The robot works on the low range time frame – M5.
- The system runs the charts to spot trend-based trading opportunities.
- As soon as the market matches inner calculations, a trade is opened.
- The leverage is 1:500.
- The start deposit for trading is $1000.
Pricing and Refund
We have a poor offer. The system is available for $149 for a single real account copy. We cannot enjoy a rental option that would help us to give the system a try. We are allowed to download the system for free to check settings and execute backtests if needed. The offer doesn’t include a refund policy. So, all sales are final.
The presentation includes a EURUSD backtest on the M5 time frame. The data period was picked from 2003 to 2021. The modeling quality was 99.90%, with spreads of 5 pips. An initial deposit was only $50. The total net profit has become $18,158,497.78. The profit factor was 1.81. The maximum drawdown was 12.02%. EA Smoke traded 4182 orders with 76% of the win rate for shorts and almost 79% for longs.
The system runs a real account on RoboForex wildly. The leverage was set at 1:500. The robot receives technical data from MT4 indicators. The account has a verified track record. It was created on June 14, 2021, deposited at $1040, and withdrawn at $1000. So, the developers gave up. Since then, the absolute gain has become 7.2%. An average monthly gain is 5.04%. The maximum drawdown is 7.92%.
It has executed 88 orders with 78.2 pips only. It’s disgusting trading results. An average win is 3.44 pips when an average loss is -4.31 pips. The accuracy rate is 68% for Longs and 65% for Shorts. An average trade length is 75 minutes. The profit factor is 1.21.
The most-traded cross pair is EURUSD, with 43 orders. The most losses occurred on USDCHF -$2.76.
The system acts as a night scalper trading within three hours after Midnight.
The system skips trading Wednesday and Friday. Some night scalpers trade only Tuesday and Thursday.
The expert advisor runs the account with significant risks that can’t be handled by many conservative traders.
After withdrawal, trading results look like good for nothing.
The system tries not to lose July 2021. It doesn’t matter anymore because the account is withdrawn.
People Say That EA Smoke Is …
Good. There are only two testimonials available. They don’t look like the ones that were written by real clients.
|Real-account trading results provided||No settings explanations provided|
|No risk or money-management advice given|
|The account where the system works was withdrawn|
|Trading results are horrible|
|No rental options provided|
|No people testimonials were provided to form a proper opinion about the system|
EA Smoke Conclusion
EA Smoke is a trading solution that no one is interested in even the developer who created it. The account where the system has been running was withdrawn at the number of funds it was deposited. Now, trading goes on $42. It’s the end. We cannot suggest someone buy this advisor to work with it on the real account.