In this Swing VIP EA Review, you will get to read everything you need to know about the expert advisor.
The internet has thousands of expert advisors of which 90% are scams.
Only 10% of these expert advisors are real.
As a result of this, many intending robot buyers try to go through reviews like this before buying such a robot.
Here is a detailed Swing VIP EA Review that will help you clear your doubt about the expert advisor.
Firstly, the developer of this robot is the Sinry advice forex group.
The Swing expert advisor uses market data such as price action, trend, CCI, PPO, and other indicators in analyzing the market.
This expert advisor can work with five currency pairs at a time.
It trades very well to ensure that its maximum drawdown does not exceed 30%.
Also, this robot does not use the Martingale strategy.
It is the first forex advisor that uses price action and trend strategy.
In addition, the expert advisor trades to give a monthly ROI of 8% to 16%.
Furthermore, the minimum amount that a trader requires to trade on this expert advisor is 1000 USD.
For every 1000 USD, a trader is to use the 0.01 lot size.
Not to forget that this robot does not require high expertise and it is very easy to use.
The robot places its trades on the 1M timeframe.
However, are these features good enough to make you buy the robot?
| Robot Faq | Answers |
|---|---|
| Trust Score | 25% |
| Price | $198 for the bronze package, $288 for the silver package, and $338 for the gold package. |
| Refund? | 14 Days Money Back Guarantee |
| Strategy | Price action and trend strategy |
| Currency Pairs | EUR/USD, AUD/CAD, GBP/USD, NZD/CAD, and USD/CAD. |
| Fully Automated? | Yes |
| Trading Platforms | MT4 |
| Live Account | No |
| Historical ROI | 8% - 16% Monthly ROI |
| Website | Swing VIP EA Website |
Swing VIP EA Review: Strategy Review.
The expert advisor uses the price action and trend strategy.
Also, it makes use of basic indicators in placing some of the trades.
It does not use the Martingale strategy.
In addition, it makes use of additional market data such as CCI and PPO to analyze the market.
Swing VIP EA Review: Live Account.
This robot has no real live account proof.
On the website, the robot developers provided a non-accessible link for its live account trading results.
The link keeps giving an error 404 response which shows that these developers are not even transparent.
Without a live account proof, you can never be sure of how good a robot works.
An intending trader will not know how many drawdowns the expert advisor records on a single trade.
Only a live account proof can tell how effective and efficient an expert advisor is.
Remember that a live account proof is one of the six things you should consider before buying a forex robot.
Should You Buy The Robot?
Why do you have to buy a robot without a live account proof?
Without the live account proof, you can’t know the following information:
Maximum drawdown.
Average win.
Average loss.
Best trade.
Worst trade.
Monthly return.
Without these pieces of information, you can never be sure of the effectiveness of this robot.
Remember that a live account proof is one of the six things you should consider before buying a forex robot.
Also, another thing you should be wary of is the pricing of this robot.
This Swing VIP expert advisor has three prices which are:
The Bronze Package – $198.
Then, the silver package – $288.
Also, the gold package – is $338.
Does this mean that some traders will get better trading results than some?
A real forex robot will have a single price that every buyer will pay.
SUMMARY
The Swing VIP expert advisor is a forex expert advisor that trades on price action and trend strategy.
It works only with a standard or ECN account.
Also, this robot is easy to use and does not require high expertise to operate.
It works on the 1M timeframe and gives a monthly ROI of 8% to 16%.
However, the robot has its shortcomings that every intending buyer should watch out for.
Firstly, the robot has no real live account proof.
Without a live account proof, you can never be sure of how effective and efficient a forex robot is.
In addition, the robot has three different prices.
The prices are the bronze package($198), the silver package($288), and the gold package($338).
Do these prices indicate that some users will enjoy better trading benefits than some?
Do you still want to buy the robot after reading to this point?
If I were you, I will register for an advanced forex class to learn more about the forex trading market.
Or I keep visiting forex dominant for more reviews and articles like this.
Was this review helpful?
If yes, kindly leave a comment and share it with friends.
Leave a Reply
You must be logged in to post a comment.