Tiburon EA is a Forex trading ool that is sold on the MQL5 market. The developer is Elizaveta Erokhina. People don’t pay much attention to the presentation and the possibility to download a demo copy of the system.
Features
The presentation includes some explanations and details that could be important for us during making a final decision about the system.
- The advisor can run charts for us automatically.
- It can work with EURUSD.
- The time frame is H1.
- The madras period was 2011-2021.
- It uses the following indicators: RSI (Relative Strength Indicator), Stochastic Oscillator and his own customized indicator which makes the EA even more efficient.
- It analyzes “overbought and oversold areas, while Stochastic and the indicator identify the possibility of price change at definite levels.”
- There’s a high accuracy rate.
- The current price is set at $400.
- The next price will be $500.
- We have to have an account of $3000, not less.
- The broker is ECN.
- The system was backtested properly.
- There’s a dynamic Take Profit feature.
- We may start trading without previous experience.
- An advisor can work with any broker that we want.
- We can customize a number of orders.
- We are allowed to pick the time to trade.
How to start trading with Tiburon EA
The robot can be purchased for $400. It’s a high price. The rental options are high as well – $200 for a month and $250 for three months. The money-back guarantee is missed.
Backtests
The system worked with EURUSD on the H1 time frame based on the year tick data. The modeling quality was 99.90% with 1-pip spreads. An initial deposit was $3000. It has become $38,605 of the total net profit. The profit factor was 3.67. There were 1076 orders executed. The win rate was 71%-72%.
Verified trading results of Tiburon EA
The robot has been running a real 2,800 USD account. The maximum drawdown is 38%. The win rate is impossibly low – 42.9%. This trading tool works for two weeks only. So, it’s too early to say something about the reliability or consistency of this EA.
An average trade frequency is 21 deals. An average trade length is insane – 5 days.
October 2021 forces the account to zero.
We can check the closed orders. The robot uses average Martingale and high-risk trading for increasing profitability.
The robot has closed 28 orders. The best trade is $13.20 when the worst trade is nine times deeper – $101.14. A recovery factor is a negative number. The profit factor is less than one, 0.03. Average monthly growth is -37.26%.
The advisor trades both directions equally.
People feedback
We have a single positive testimonial on MQL5. It would be unwise to rely on only one review that was written less than 3 weeks after the system’s release. It looks like the devs have purposely written it to attract traders and make them invest in this product.
Review summary
| Advantages | Disadvantages |
| Trading results shown | No risk advice given |
| Backtest reports provided | No strategy details explained shared |
| Rental options are available | Horrible trading results |
| No refund policy provided |
Tiburon EA is a trading solution that is slowly blowing a real account. It seems to us that the developer doesn’t know how to fix this. The presentation lacks people’s testimonials. We are sure that we have to stay aside from this advisor.
