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Perfect Score is a Forex expert advisor that was launched on July 2, 2020. It is compatible with both MT4 and MT5 trading platforms. It is sold on the MQL5 website by Sergei Riebin from Russia. The developer has experience of only one year and we don’t have any background information on him. Sergei has not shared any contact information. Some of the other EAs from this developer include RocketEA, To The Moon, GoldenBot, and Boss EA.
It is not easy to choose a reliable expert advisor. You need to consider different aspects of the trading system like features, trading strategy, pricing, live statistics, support, and user reviews. This robot does not have any notable achievements at this moment.
What is behind the Perfect Score EA?
Perfect Score makes its entry during the opening of the London Stock Exchange. You need to pay attention to the GMT parameter and set them properly according to the GMT Offset parameter of your broker. You can either trade with a fixed lot size or enable the AutoLot parameter for automatic calculation of the lot. From the EA settings, you can select the balance to be used for every 0.01 lot.
You can also select the maximum risk per trade, and the maximum lot size. When you enable the GMT Offset Auto parameter, the robot will find the GMT offset automatically. You also need to allow requests to the link shared by the vendor. Alternatively, you can set the broker’s time zone manually. It is also possible to enable or disable trading on particular days of the week.
Key features
This is a robot that only trades in EUR/USD. The vendor recommends running it on the M5 timeframe. To get started with this EA, you need to make a minimum deposit of $50. For the live monitoring account, the robot uses 1:300 leverage. Since the EA is not broker-sensitive, you can run it on any broker of your choice.
For each trade, the EA uses stop losses. It does not use risky money management techniques and is resistant to unexpected market events. The EA has protection against high spreads.
Trading strategy
The strategy is based on short-term reversal patterns which take advantage of the tendency of prices to move towards the London Stock Exchange Session. Perfect Score does not use indicators or risky strategies like arbitrage, martingale, and grid.
Backtesting results of EUR/USD on MQL5
This backtest was conducted for 20 years on the EUR/USD pair. During the testing period, the EA conducted 1655 trades, winning all of them. As a result, it generated a total profit of $9138280.82 using an initial deposit of $300. The relative drawdown was only 7.04%, which means the robot was using a low-profit strategy.
Pricing
Perfect Score has a very high price tag of $1499. It is extremely expensive compared to other EAs on the market. There is a 3-months rental option that costs $399. Although there is a free demo version, the vendor does not offer a money-back guarantee.
Trading performance of Perfect Score
Growth chart of Perfect Score on MQL5
There are no verified trading results for this EA. This MQL5 account has been active since June 23, 2020. After conducting 164 trades, the win rate for this account currently stands at 95.12%. The EA has generated a total profit of $2195.83 using an initial deposit of $350.
This account has experienced a growth of 627.38%. There have been 76 maximum consecutive wins and only 1 maximum consecutive loss for this account. The profit factor is at a decent 1.31, while the maximum drawdown is quite high at 45%. Looking at the high drawdown, we can tell that the EA was following a risky trading strategy.
Customer support
The developer has an official Telegram channel where you can drop them a message. Alternatively, you can message them on the MQL5 website itself.
People feedback
User reviews for Perfect Score on MQL5
At this moment, there are no user reviews for this EA on trusted third-party websites. A few users have left reviews on the MQL5 product page, but we cannot prove their authenticity.
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