Breakthrough Strategy works on 25 currency pairs and boasts of a quick setup profile. As per the developer Konstantin Kulikov, this expert advisor adapts well to spread jumps and exploits them to its benefit. He claims that the ATS was corrected based on two years of live account stats and analysis. Konstantin Kulikov is from Russia and has more than 7 years of experience in designing FX trading tools. He has 18 products and 20 signals to his credit. Some of his other products available on the MQL5 site include Good Monday, Friday Monday, Grid Martin, and Franko Scalp. There is no further info on the company, its founding year, location address, etc.
As per the author, this FX EA can adapt to market changes and provide the best results. In this review, we have analyzed the various characteristics of this FX robot to verify the claims of the developer. As per the developer, the EA has been tested on real accounts instead of backtests to verify its stability and efficiency.
What is behind the Breakthrough Strategy EA?
The author claims that the system was designed to work with a big number of sets and it emerged with successful results during the closing phase of the trading week on Friday. Thus, he claims that the trading direction was the main working principle for the EA.
The main currency pairs that this EA works on are the AUDCHF, AUDJPY, AUDNZD, CADCHF, EURCAD, EURCHF, EURGBP, EURNZD, EURJPY, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDJPY, USDCAD, NZDUSD, USDCHF, and USDJPY pairs.
As per the developer, the robot can work on any timeframe as it is set to automatically take data from different timeframes. There is no further info on the FX EA such as the leverage, recommended deposit, brokers, etc.
As the name of the EA suggests, it uses the breakthrough approach. But there is no explanation of the approach. Instead, the author talks about how the EA is well-adapted to spread jumps and the correction it has undergone for two years on live account analysis. The lack of info makes it difficult to evaluate the system properly. No backtests are present as the developer states that strategy ester will not give real deals with the time of working of the approach used by the EA.
To purchase this FX EA, you have to pay $222. A rental package costing $35 per month is present besides a free demo account offer. There are no further details available on the features you get with the packages including the money-back guarantee. The absence of a refund policy makes us suspect the reliability of the package. When compared to the market average the price of the EA is not expensive.
Trading performance of Breakthrough Strategy
A real USD account verified by the myfxbook site for this FX EA is shown here.
From the above stats, we can see the account uses the IC Markets broker and the leverage of 1:500 on the MT4 platform. A total return of 1663.34% and an absolute profit of 404.81% are present for the account. The difference between the two values is very high indicating the approach is a risky one. Further, we find the drawdown is very high at 43.33% and the growth curve also indicates irregularities suggesting a high-risk approach. For the account that started in November 2017, a total of 2030 trades have been executed with 76% profitability and a profit factor of 1.32. The lot sizes used vary between 0.33 and 0.34 which also indicates the risky approach.
For support, the developer offers a Telegram channel link and the direct messaging option on the MQL5 site.
We found 12 user reviews for this FX EA on the MQL5 site with a rating of 3.91/5. Here are screenshots of a couple of the reviews:
From the above feedback we can see that while one user is happy with the EA, another user complains of bad results and big losses with the FX robot.