Cosmonaut FX EA It boasts multiple backtesting results and is able to trade 10 currency pairs at super profitability. This robot uses intelligent money management to allow traders trade with maximum profitability and minimum drawdown. This is the robot’s intelligent money management system. Cosmonaut FX EA review, we will shed some light on the advantages and disadvantages of this trading tool to help you decide whether it’s a good bet to invest in 2022.
Cosmonaut FX EATo trust or not trust?
No evidence was found to support live trading on the website or the Myfxbook platform. It is alarming that there has been no transparency in this sector. Forex Peace Army is not trustworthy if it does not have reviews from customers.
These are the characteristics of the robot:
- It trades on MetaTrader4/5 platforms for trading.
- All updates are free.
- The system allows auto trading 24/5.
- The EA You can trade on more symbols than ten.
- The robot comes with a simple installation process and a 14 day refund policy.
According to the developer, the robot doesn’t use martingale. They mention trading on 10 currencies, while the developer states that it trades on 12 currencies. The EA It analyzes price channels, and opens orders when an instrument moves beyond its average value. Without live records, however, it is impossible for us to analyse its methodology.
How it works
The algorithm uses the coded data within to analyze markets and trade when a suitable set up appears.
These are the guidelines method to make the system workable.
- Buy the robot on the website
- Save the files to your computer
- Go to the MT4 or MT5 Terminal and sign in to account
- Drag the robot files you downloaded into the charts section
- Auto-trading is possible
Pricing and refund
Two membership options are available for the robot. €299 offers unlimited license access, whereas €249 will provide you with one key. VISA, MasterCard, and other credit cards are accepted for payment.
After purchase, users receive a detailed guide as well as online technical support. They offer a 14-day money back guarantee on their products.
The robot has no customer feedback on trusted third-party sites such as Forex Trustpilot or Peace Army. Potentially zero reviews could be due to the fact it hasn’t been bought/tested by the public.
We analysed the backtest for the EURAUD currency pair, starting in January 2012 and ending at March 2022. The initial deposited amount was €5000, which resulted in €3818885.05 on the M5 chart.
The algorithm was executed 1791 trades where it managed A win rate of 77.11%. The account profit factor was 2.50 and relative drawdown 28.41%.
A screenshot of the live results from the website is provided by the developer. But, Myfxbook does not have any evidence of live records. According to the algorithm, they started trading in December 2020. They ended trading in January 2022. Their initial deposit was $59220000, which translated into a $247098227.53 profit. The account drawdown value is 4.41% and the gain percentage 1498.77.
The current drawdown in the EA The rate is 4.41%. Live records are provided in an image format, decreasing its credibility. As such, we could not locate any live results on Myfxbook.
CASHMAKER owns several financial trading robots, such as Aurum. EAMachine EAPower EA, etc. The enterprise does not have any contact information or addresses. You can contact the developer through the form on the website.
Cosmonaut FX EA No feedback has been provided on third party review platforms, such as Trustpilot or Forex Peace Army. Although the algorithm has backtesting records, it was not possible to obtain live trading results to evaluate its performance. The company does not provide any information about its address or contact details.