Grey Wolf is an all-new expert advisor that was released on April 26, 2021, by Alexander Oropesa from Cuba. The last version remained the same – 2.16. As we may note, the price was increased from $30 to $45.
Features
The presentation is almost useless and provides us with the minimum information:
- Grey Wolf can execute orders automatically.
- The system trades USDCAD and AUDUSD only.
- The main time frame is M5.
- The monthly profit can be up to 25%.
- It simply can’t zero the account it manages.
- The minimum balance is $50.
- It can work well with $100 on balance.
- The robot works on the short-term charts, so it requires VPS.
- The system needs $100 for each 0.01 lot.
- The presentation doesn’t include extra information.
How to start trading with Grey Wolf
We have to do some simple steps:
- register an account with a broker and deposit it
- subscribe to a VPS service
- purchase a robot
- with the help of guide, set it on the terminal on the VPS.
The system can be bought not for $30 like a week before but for $45 for a digital lifetime copy. We know no single reason why the price was increased 1.5 times. The offer doesn’t include rental options where we could give it a try on a short-term period like a month or so. The robot is available for a demo download (requirement of MQL5) to check its settings on the terminal.
Backtests
It’s not a backtest. First, it looks horribly unpredictable. We may note periods where the system halved accounts. Second, we have no information from the final table that could explain to us how the system worked and what results we may expect to get on live trading.
No Trading Results of Grey Wolf
The system is delivered without trading results at all. It is suspicious because it means that the developer doesn’t make money using this robot. As a result, he can’t be in touch if what’s going on the market and when the system needs to be updated ASAP. At the same time, we have no crucial intel about trading results, win rate, average win and loss, balance, leverage, broker, profit factor, symbols, and their profitability.
People Feedback
We have single feedback. According to the First and Last, it could be the developer’s friend. The comment has no text at all. If there was more feedback it would help us to understand if clients are profitable with the system and under what conditions. Without this, it’s awkward to buy the system.
Review Summary
| Advantages | Disadvantages |
| Short and simple presentation | No strategy explanations provided |
| Affordable pricing | Most likely, there’s a scalping strategy on the board |
| No risk advice given | |
| No money-management advice given | |
| No final backtest report’s sheet provided | |
| Horrible backtest chart | |
| No trading results provided | |
| No people feedback published | |
| No rental option provided | |
| Price was increased with no reason |
Summary
Grey Wolf is a robot that doesn’t have anything. The presentation includes neither trading strategy explanations, nor backtest reports, nor trading results, nor feedback, and so on. We don’t know if Forex exists on Cube, but the developer has to open an account to trade with this EA and prove that it’s a profitable trading solution. The presentation doesn’t include people’s testimonials at all. Probably no one bought it. The price is weird. It’s kind of a cheap offer. So, many may avoid this advisor because of this. The developer decided not to write an at least okay presentation to convince us that the robot is good to go. So, our answer is “thanks, but no.”
