Are you searching for the Belkaglazer EA reviews in order to find out what is Belkaglazer automated trading solution. The Forex expert advisor is focused heavily on trading strategy, so is it scam or legit? You are absolutely in the right place because here, within our Belkaglazer review, you are going to find out the complete truth about Belkaglazer.
Actually, we don’t recommend anyone to use Belkaglazer expert advisor. If you want to know why, then you can find the details within our Belkaglazer review as below. If you don’t want to find out more details on it, but instead want to find out the legit Forex trading software, then you can click this link:- Best Forex Robots.
OK, let’s begin with our Belkaglazer review in order to find out what is Belkaglazer in real.
Belkaglazer Contact: Owned by Dmitry Shal, located in Moscow Russia. To get in touch with support, traders can message Ivan directly via his MQL5 profile. In order to get in touch with support, traders can email firstname.lastname@example.org.
How Belkaglazer EA works
On the sales page “The EA is based on 3 models: PriceChannel [PCh], Pivot, PriceAction [PA].” Then, these separate models can be utilized in conjunction with the 3 trading strategies that they’ve developed, breakout, momentum or mean-reversion. That being said, there are certainly intricacies that require a certain level of skill in order to truly utilized the expert advisor properly. With multiple models and strategies to choose from, the trader plays a large role in determining exactly how the expert advisor trades. For those looking for an out-of-the-box solution, this may not be the type of Forex robot for you.
This robot “is designed to give a huge scope for creativity and research.” Essentially, traders are given the means to explore different strategies and trading approaches within the makeup of the expert advisor. The developers provide instructions to help traders research and analyze, to find the best settings and method to fit their trading style.
This is certainly an interesting approach for traders that are looking for a project.
- Type: Forex Robot
- Price: $249
- Strategy: Breakout, Momentum, Mean-Reversion
- Timeframe: Undisclosed
- Pairs: EURUSD, AUDNZD, AUDCAD, EURNZD, GBPCHF, GBPCAD, USDJPY, GBPUSD, XAUUSD, EURCAD, EURAUD
Going for $249, the Belkaglazer EA can also be purchased on a trial basis for 3 months at $59, or 6 months at $99. There is also a free demo available, for traders looking to test the software before getting involved financially.
As for the pairs, there are more opportunities than those I’ve listed above. Depending on what strategy you’re using, and there are quite a few, there are different pairs optimized to each separate strategy.
While Dmitry has multiple Myfxbook accounts, our main focus today is on the Belkaglazer account. This account is showing a 40% gain, since December 8, 2016. The EA has been running for just over 13 months, and has shown consistent profits throughout this period of time. During this time, the robot has had 5 negative months, and 8 positive months. While this may not seem very impressive, it’s worth noting that the negative months have never reached below -4%.
In analyzing this account, we can see that it is truly a consistent winner. It’s not the type of strategy that’s going to take high risks in order to increase their profitability, but if you are looking for a monthly boost of 2.57% with a drawdown of 2.92%, then this is certainly something you should look into.
With a 5 star rating on MQL5, the client feedback is very positive so far. The clients are happy with support, and frequently commend Dmitry on the documentation that he provides with the expert advisor.
Our best advise for you
If you’re looking for low risk expert advisor, then you should read up on Belkaglazer. From what I’ve seen so far, I’m impressed. I do prefer higher winning percentage numbers, but it’s hard to argue with consistency, even if it is at a slower rate than I’m used to.
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