Gravity FX NG claims to be a unique adaptive MT4 trading tool that provides stable profits. This expert advisor uses artificial intelligence along with algorithms of self-learning technology to produce desirable results. The vendor claims to provide proven real account performance.
There are no details about the developer or the team behind this system. As per the vendor, this ATS is developed by a group of professional traders with experience of more than 25 years. We could not find a location address or phone contact, which shows a lack of vendor transparency. For customer support, an email address and a live chat feature are present.
Features
According to the vendor, this FX robot uses basic principles that help in small but low-risk profits by following the medium and short-term market trends. Instead of the regular scalping robots that make low pips, this FX EA can make up to 15 pips, which makes it a reasonably safe scalper for use with all MT4 brokers.
It can work on pairs with narrow spreads like EURUSD, EURJPY, GBPUSD, and other pairs. The vendor promises steady spreads even while using brokers with floating spread resulting in consistent profits. Other features of this ATS include protection against high-spreads and broker protection.
How to start trading with GRAVITY FX NG
To purchase this FX robot, you can choose from the three price packages present. The Basic package is a subscription package for 6 months and costs $599. The amount includes a single account license and technical support. For a one-month subscription, $99 is charged.
Other packages include the Standard which costs $999 for the annual subscription and includes licenses for three accounts. The Premium package costs $1299 for the annual subscription and includes licenses for 9 accounts. The single-month subscription for the standard and the premium packages are $119 and $129 respectively.
According to the vendor, you need to just set the risk level you are comfortable with and the FX robot takes care of all the other aspects of trading. This MT4 tool has undergone multiple enhancements and alterations that the vendor claims make it the best in the market. We could not find recommendations on the minimum balance and leverage needed for the system. There is no mention of the timeframe to use.
Backtests
No backtests are present for this FX robot. The vendor claims that this expert advisor has been tested on real accounts but there is no mention of backtesting. Although backtesting results do not predict a similar performance in the future, they are significant as they help to know the efficacy of the approach and the performance quality. The absence of backtests raises a red flag.
Verified trading results of GRAVITY FX NG
We can see the monthly performance of the FX robot shown by the vendor under the Performance section of the official site. No verified results are posted on the site. However, we found a demo Euro account of the FX robot verified by the Myfxbook site. Here are a few screenshots of the results:
From the trading stats shown in the above images, we can see a total profit of 224.43% and an absolute profit value of 218.11% achieved for deposits of €50,000. The trading started in June 2020 up to July 2021 reveals a daily profit of 0.29% and a monthly profit of 9.61%.
A drawdown value of 23.18% is present for the account which has executed 15209 trades at profitability of 85%. The profit factor is 1.41. From the trading history, we can see the lot sizes are big and range from 0.10 up to 0.20. The high lot size, low profit factor, and high frequency of trades show that the approach used is high-risk and can endanger the account.
Is GRAVITY FX NG a viable option?
From our evaluation of the features, performance, demo account results, and vendor transparency, we find that EA is not a viable option for traders. Here are the main advantages and disadvantages that point to the unreliability of the EA.
Advantages
- Fully automated expert advisor
- Works on all currency pairs
Disadvantages
- Insufficient explanation of the strategy
- High-risk approach
- Expensive price
- No money-back guarantee
Summary
Gravity FX NG claims to provide stable and high profits with its specially designed ATS. Our review of the FX robot including its features, performance, and other characteristics indicates this is not a reliable EA. The absence of backtests and the lack of info related to the vendor and their location are other factors that expose the lack of reliability of the system. Furthermore, the high-risk trading approach and lack of refund policy confirm our doubts regarding the dependability of the EA.
