Expert Advisor
4.59/5
172 total votes.
A Sold-Out Expert Advisor!

Everex Elite is a unique Expert advisor with an adaptive StopLoss system! It isn't a grid machine or a martingale strategy! It manages all of the positions in every single tick!

The program package contains Everex Elite professional Expert Advisor for the two main currency pairs EURUSD and GBPUSD. 

Trading Idea

It opens positions on major support / resistance levels, and manages them with an intelligent and adaptive StopLoss system. No martingale, no grid, only in trades for less than a minute!

Specifications

License

Full lifetime license with flexible switching capability between Forex accounts + All future updates or other strategy improvements for free.

Refund policy

60 days.

Support

24/7 dedicated support via email.

Supported Currency Pairs

EURUSD, GBPUSD

MetaTrader Chart Timeframe

H1

Live Performance Results

Started On
Jun 24, 2014
Leverage
1:500
Broker
Tickmill
Starting Balance
$$5,000
Total Gain
+87959.93%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Jun 24, 2014
Account Leverage
1:500
Profit Factor
2.43
Total Gain
+87959.93%
Absolute Gain
+87959.93%
Monthly Gain
18.46%
Daily Gain
0.26%
Total Pips
3638.3
Total Trades
1768
Profit Amount
$4397996.47
(%) Won Trades
3638.3
Drawdown
0.00%
Started On
Jun 24, 2013
Leverage
1:500
Starting Balance
$$1,000
Total Gain
+589.24%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Jun 24, 2013
Account Leverage
1:500
Profit Factor
1.61
Total Gain
+589.24%
Absolute Gain
+427.06%
Monthly Gain
23.49%
Daily Gain
0.06%
Total Pips
570.5
Total Trades
412
Profit Amount
$8628.88
(%) Won Trades
570.5
Drawdown
27.70%
Started On
Nov 19, 2014
Leverage
1:100
Broker
BOTFX
Starting Balance
$$5,700
Total Gain
+3555.2%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Nov 19, 2014
Account Leverage
1:100
Profit Factor
2.21
Total Gain
+3555.2%
Absolute Gain
+3555.2%
Monthly Gain
42.92%
Daily Gain
0.14%
Total Pips
950.8
Total Trades
454
Profit Amount
$177759.79
(%) Won Trades
950.8
Drawdown
21.01%
Demo Account

Started On
2015/03/25 (GMT)
Starting Balance
$5,000.00
Total Gain
+87,959.9%
FxBlue (Test Hoster)

Live Test Summary

Started On
2015/03/25 (GMT)
Account Leverage
Profit Factor
2.43
Total Gain
+87,959.9%
Absolute Gain
87,959.93%
Monthly Gain
+18.1%
Daily Gain
0.79%
Total Pips
3,638.3
Total Trades
1768
Profit Amount
+4,397,996.47
(%) Won Trades
3,638.3
Drawdown
-7.3%

Backtests

View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
1 Hour (H1) 2010.01.01 00:00 - 2015.02.27 21:59 (2014.01.07 - 2015.02.07)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial_Number=""; MagicNumber=201310; Lots=0.1; UseMoneyManagement=true; Risk_Long=0.75; Risk_Short=0.75; MaxLot=150; BalanceRisk=0.3; MaxSpread=5;
Bars in test
32207
Ticks modelled
63627511
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
27571.94
Gross profit
43693.36
Gross loss
-16121.42
Profit factor
2.71
Expected payoff
89.81
Absolute Bal DD
12.30
Maximal Bal DD
2541.50 (8.18%)
Relative Bal DD
21.91% (738.93)
Total Trades
307
Short positions (won %)
170 (45.88%)
Long positions (won %)
137 (60.58%)
Profit trades (% of total)
161 (52.44%)
Loss trades (% of total)
146 (47.56%)
Largest Profit trade
3694.05
Largest Loss trade
-1405.15
Average Profit trade
271.39
Average Loss trade
-110.42
Maximum consecutive wins (profit in money)
9 (599.43)
Maximum consecutive losses (loss in money)
10 (-601.77)
Maximal consecutive profit (count of wins)
5187.76 (2)
Maximal consecutive loss (count of losses)
-2044.92 (2)
Avarage consecutive wins
2
Avarage consecutive losses
2
View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
1 Hour (H1) 2010.01.01 00:00 - 2015.02.27 21:59 (2010.01.07 - 2015.02.07)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial_Number=""; MagicNumber=201310; Lots=0.1; UseMoneyManagement=true; Risk_Long=0.25; Risk_Short=0.25; MaxLot=150; BalanceRisk=0.3; MaxSpread=5;
Bars in test
32207
Ticks modelled
63627511
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
587788.74
Gross profit
942125.48
Gross loss
-354336.74
Profit factor
2.66
Expected payoff
383.67
Absolute Bal DD
163.20
Maximal Bal DD
21764.31 (7.80%)
Relative Bal DD
22.67% (245.31)
Total Trades
1532
Short positions (won %)
787 (52.60%)
Long positions (won %)
745 (56.64%)
Profit trades (% of total)
836 (54.57%)
Loss trades (% of total)
696 (45.43%)
Largest Profit trade
27258.06
Largest Loss trade
-9180.00
Average Profit trade
1126.94
Average Loss trade
-509.10
Maximum consecutive wins (profit in money)
12 (196.08)
Maximum consecutive losses (loss in money)
14 (-2325.11)
Maximal consecutive profit (count of wins)
52425.77 (8)
Maximal consecutive loss (count of losses)
-17932.73 (10)
Avarage consecutive wins
2
Avarage consecutive losses
2
View Full Backtest

Backtests Settings

Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
1 Hour (H1) 2010.01.01 00:00 - 2015.02.27 21:59 (2014.01.01 - 2015.03.01)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial_Number=""; MagicNumber=201310; Lots=0.1; UseMoneyManagement=true; Risk_Long=0.75; Risk_Short=0.75; MaxLot=200; BalanceRisk=0.3; MaxSpread=5;
Bars in test
32200
Ticks modelled
53717754
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
44923.14
Gross profit
73869.77
Gross loss
-28946.63
Profit factor
2.55
Expected payoff
138.23
Absolute Bal DD
5.85
Maximal Bal DD
3302.25 (16.29%)
Relative Bal DD
17.69% (1784.20)
Total Trades
325
Short positions (won %)
176 (53.41%)
Long positions (won %)
149 (59.06%)
Profit trades (% of total)
182 (56.00%)
Loss trades (% of total)
143 (44.00%)
Largest Profit trade
4951.33
Largest Loss trade
-1293.56
Average Profit trade
405.88
Average Loss trade
-202.42
Maximum consecutive wins (profit in money)
8 (8020.09)
Maximum consecutive losses (loss in money)
8 (-789.41)
Maximal consecutive profit (count of wins)
8020.09 (8)
Maximal consecutive loss (count of losses)
-2936.43 (4)
Avarage consecutive wins
2
Avarage consecutive losses
2
View Full Backtest

Backtests Settings

Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
1 Hour (H1) 2010.01.01 00:00 - 2015.02.27 21:59 (2010.01.07 - 2015.03.01)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial_Number=""; MagicNumber=201310; Lots=0.1; UseMoneyManagement=true; Risk_Long=0.25; Risk_Short=0.25; MaxLot=200; BalanceRisk=0.3; MaxSpread=5;
Bars in test
32200
Ticks modelled
53717754
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
592496.43
Gross profit
971180.25
Gross loss
-378683.82
Profit factor
2.56
Expected payoff
422.31
Absolute Bal DD
11.10
Maximal Bal DD
25432.75 (5.71%)
Relative Bal DD
8.93% (3694.71)
Total Trades
1403
Short positions (won %)
698 (51.58%)
Long positions (won %)
705 (59.15%)
Profit trades (% of total)
777 (55.38%)
Loss trades (% of total)
626 (44.62%)
Largest Profit trade
33493.26
Largest Loss trade
-8220.51
Average Profit trade
1249.91
Average Loss trade
-604.93
Maximum consecutive wins (profit in money)
12 (836.20)
Maximum consecutive losses (loss in money)
11 (-3157.39)
Maximal consecutive profit (count of wins)
40483.59 (7)
Maximal consecutive loss (count of losses)
-22612.53 (4)
Avarage consecutive wins
2
Avarage consecutive losses
2

Trading Strategy

The whole strategy is up to date with the latest developments included. The working core of this Forex robot is market resistance levels based. Over the past years Everex Elite trader / coder team have successfully developed a continuously adaptive StopLoss system that required statistics generation and in depth analysis aided by various advanced mathematical software applications. Another scientific approach was mathematical connections search in the Forex market data dynamics and analyzing them depending on a variety of new generation mathematical researches like Neural Networks, Reinforcement Learning, Support Vector Machines and many others.

Generally, Everex Elite is in trade only for 30 seconds, an enough period for its intelligent StopLoss system to analyze, evaluate and react to all market movements to generate the required data to modify the StopLoss value about 20-30 times during every trade. This all grants the ability of Everex Elite to be constantly profitable in the previous 6 years.

Plus Features

In addition to the powerful strategy of the robot, several plus features were added to it in order to best serve the traders, including the following:

Self-analyzing / Self restarting system

If there is any disconnection or miscommunication between the broker and the MetaTrader Everex Elite detects it and restarts. This is an automated program feature, you should not do anything.

High Spread Protection

Widening spreads during certain periods is one of the most popular tricks and can cost traders a lot of money. Everex Elite monitors the spread continuously and in case the spread goes above the allowed maximum value it disables trading temporarily until the spread goes back to normal. As the result you never need to be worry that Everex Elite places a trade when the spread is unacceptably high.

Adaptive StopLoss system

Adaptive StopLoss system is a unique and very powerful feature. Depending on the market conditions the Everex Elite adapts stop levels automatically. It ensures that stops are placed as close as possible without being too close. This is so beneficial for the trader by making the highest possible profits while the drawdowns are at the lowest possible value.

Built in money management

Managing risk exposure smart is essential for every successful trader. That's why Everex Elite comes with a built-in money management. It manages risk and trade size according to your setup and available balance.

Built in margin call protection

If you are running another EAs simultaneously, Everex Elite automatically checks the margin before placing orders to avoid margin call.

Built in maximal drawdown protection

You can set the possible maximum Drawdown with BalanceRisk. For example if you set BalanceRisk to 0.15 then after losing the 15% of your balance, Everex Elite will stop trading until you restart it.

Graphical user interface (GUI)

The program has a built in graphical user interface, which can help you following its running and status.

Cyrus Chan
Cyrus Chan Sat, 23 Apr 2016
This EA is either a scam or useless. First, even on demo result, the published result is a big difference from real demo result no matter on Tickmill or RoboForex: See https://www.mql5.com/en/signals/111746. And on real money account, the real result is far worse than demo account. Contact me if you need real myfxbook trading records. I followed their customer service advice. Run a demo on RoboForex using Contabo VPS. The result tested is even worse than running on Tickmill. Waste my time and money!
Walter Chen
Walter Chen Sat, 3 Sep 2016
everex elite is 100% SCAM, i test it for 1 month and my $100 real live money account went down to $0. always look for real live money account trading!!!

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.