Green Graph EA is a Forex EA with a smart trade management feature that claims to decrease your chances of suffering from losses. It is a fully automated expert advisor that does not demand your attention all the time and is backed by 100% verified results. As per the vendor, this robot offers you safety while allowing you to make more profits.
On the official website of Green Graph EA, the vendor has made a detailed presentation of the Forex EA. The focus seems to be on the results and links to backtests and live trading results have been shared on the website. We have an overview of the main results, along with a description of how the EA functions and the details of the pricing plan. The recommended settings for the robot have been listed and a contact form is provided for users to get in touch with the service team.
No information is available on the website about the parent company and its history. We simply don’t know if this EA has been built by experienced professionals since the identities of the traders and developers have not been revealed. As such, we are not too impressed by Green Graph EA when it comes to vendor transparency.
Features
You can use this Forex EA with all brokers. Customer support is provided to all brokers and the system is continuously updated. It has a user-friendly interface and is easy to install, even for a layman. The robot is connected to the website server which allows it to revise the ticks and create algorithms for trading in the future.
Green Graph EA trades in all pairs according to the trend, and it has a smart AI that monitors the market to spot the correct trends. After figuring out the trend, the trade timing and entry position are computed with the help of indicators like Relative Strength Index (RSI), Stochastic, and Exponential Moving Average (EMA).
How to Start Trading with Green Graph EA
You can purchase this Forex EA for $45/month. There is a 7 days trial offered by the vendor that lets you earn profits without paying the full fee. When you purchase this robot, you get access to 1 Real and 1 Demo account. Support and updates are provided for all users and there is a 30-day money-back policy.
The EA makes some complicated calculations to assess the market. The smart trade management features effectively limit losses and allows you to manage the drawdown level. Working with this robot does not require any special trading knowledge. You can simply place the EA on your charts and let it earn profits.
The vendor recommends a minimum account balance of $100 or 1000 cents and minimum leverage of 1:500.
Backtests
This backtest was conducted from 2nd July 2019 to 5th February 2021. Using an initial deposit of $1000, a profit of $362186.53 was generated. The EA placed 940 trades during this backtest, winning 678 out of them, which means it had a win rate of 72%. While the daily and monthly profits were 1.01% and 35.37% respectively, the drawdown was a bit high at 31.86%.
The high drawdown is a cause for concern because it tells us that there is a high possibility of losing trades while using this system. This is evident from the average loss of -29.70 pips/-$831.99.
Verified Trading Results of Green Graph EA
This live trading account for Green Graph EA has been active since 25th March 2021. To date, it has completed 471 trades with a win rate of 69%. Currently, the net profit generated through this account stands at $4874.19, while the time-weighted return is 173.87%. The daily and monthly profits, on the other hand, are 2.49% and 110.08%, respectively.
From what we can gather, this account has an extremely short trading history, so we cannot put too much weight on the high monthly gain. Another thing to note is the extremely high drawdown of 42.11%, which tells us that the robot follows a risky trading scheme.
Customer Reviews
We were unable to find any user reviews for this Forex EA on websites like Myfxbook, Trustpilot, Quora, and Forexpeacearmy. It seems not many people know about this system yet or they are not confident about using it because of its short trading history and high drawdown.
Is Green Graph EA a Viable Option?
Advantages
- Verified live trading result available
- Verified backtesting data
Disadvantages
- Extremely high drawdown
- Lack of vendor transparency
- Short trading history
Wrapping Up
After evaluating the various aspects of Green Graph EA, we have reached the conclusion that this Forex robot is not worth investing in. It shows a high drawdown in the live trading results and backtests, and thus it requires you to trade with a high level of risk. Additionally, it has an extremely short trading history.
