Menu
A third‑party verified review of SlingShot from LeapFX Trading Academy. The EA is presented as a medium‑term, price‑action trend system backed by 10 years of test data and multiple MyFXBook live accounts. The reviewer frames it as conservative, FIFO‑friendly, and focused on controlled drawdowns rather than aggressive money‑management techniques.
Trading Idea
SlingShot follows a pure price‑action, trend‑following concept: identify market structure and momentum, enter selective trades, hold positions for hours to days, and size positions by signal strength and stop distance. The approach avoids indicator repainting and refrains from grid or martingale methods.
Specifications
NFA FIFO Compatibility
The expert states FIFO‑compliant design; the reviewer notes it can be used with US brokers that enforce FIFO rules.
License
The EA is licensed per purchase: one real or demo account per license as described by the vendor.
Broker and VPS
The vendor claims broad broker compatibility; no specific spread or latency thresholds are provided in the source.
It is advisable to select a reliable broker such as Tickmill, and IC Markets. Use TradingFX VPS VPS for optimal performance.
MT5 version availability
An MT5‑compatible version is available in addition to MT4.
Recommended starting balance
The vendor suggests account limits up to $50,000; no explicit minimal deposit is mandated in the source.
Recommended trading account criteria
The EA is designed for standard retail forex accounts; specific account types should be confirmed with the vendor.
User guide inclusion
Purchase includes a manual with instructions, graphics, and recommendations.
Customer support
Vendor offers customer support and updates; exact hours and channels are provided by the seller.
Future updates
Buyers receive free updates that optimize settings and maintain compatibility.
Compatible operating systems
Runs on platforms that support MT4/MT5 terminals.
Installer
The EA is delivered with installation instructions; no standalone installer details are provided in the source.
Refund policy
The system is backed by a 30‑day money‑back guarantee.
Supported Currency Pairs
EURUSD and USDJPY
MetaTrader Chart Timeframe
M5
Developed By
LeapFX Trading Academy
About
SlingShot
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
Reviewed By
MyFxBots Admin
Last Reviewed On
Thurs, 18 Dec 2025
3rd Party-Verified SlingShot's Live Trading Result Statements
The vendor provides multiple MyFXBook widgets showing live, third‑party verified accounts and highlights a smooth equity curve and low drawdowns.
Real Money Account
Live Test Summary
Started On
Jul 14, 2024
Account Leverage
1:100
Profit Factor
1.38
Total Gain
+265.91%
Absolute Gain
+100.71%
Monthly Gain
7.89%
Daily Gain
0.25%
Total Pips
2,484.9
Total Trades
443
Profit Amount
$2,875.18
(%) Won Trades
2,484.9
Drawdown
16.67%
Real Money Account
Started On
May 27, 2025
Leverage
1:500
Broker
Motive Markets
Starting Balance
$20000
Total Gain
+179.07%
Live Test Summary
Started On
May 27, 2025
Account Leverage
1:500
Profit Factor
2.60
Total Gain
+179.07%
Absolute Gain
+179.07%
Monthly Gain
16.32%
Daily Gain
0.50%
Total Pips
1,487.4
Total Trades
119
Profit Amount
$35,814.42
(%) Won Trades
1,487.4
Drawdown
7.25%
Real Money Account
Started On
Nov 13, 2025
Leverage
1:200
Broker
Blaze Markets
Starting Balance
$20000
Total Gain
+62.32%
Live Test Summary
Started On
Nov 13, 2025
Account Leverage
1:200
Profit Factor
2.72
Total Gain
+62.32%
Absolute Gain
+62.31%
Monthly Gain
55.94%
Daily Gain
1.39%
Total Pips
355.3
Total Trades
24
Profit Amount
$12,462.33
(%) Won Trades
355.3
Drawdown
9.62%
The reviewer acknowledges the presence of verified live accounts but recommends independent inspection of each MyFXBook widget and demo testing before committing real capital.
SlingShot's Backtests by MetaTrader Strategy Tester using High Quality Historical Tick Data
Vendor materials include 10‑year backtests presented both with and without compounding to illustrate consistency and the effect of compounding.
CompoundingTest
Backtests Settings
Symbol
USDJPY.ducas
Period
M5 (2015.01.01 - 2025.09.18)
Broker
Currency
USD
Leverage
1:100
Symbols
1
Bars in test
799782
Ticks modelled
310180894
Modelling quality
100% real ticks
Initial Deposit
$1000.00
Backtests Results
Total net profit
1219713.14
Gross profit
5177308.48
Gross loss
-3957595.34
Profit factor
1.31
Expected payoff
334.99
Margin level
181.40%
Absolute Bal DD
20.16
Maximal Bal DD
128 956.97 (22.43%)
Relative Bal DD
59.96% (6 300.14)
Absolute EQ DD
22.49
Maximal EQ DD
147 813.78 (12.85%)
Relative EQ DD
61.32% (6 502.95)
Recovery Factor
8.25
Sharp Ratio
1.77
Z-Score
1.29 (80.29%)
AHPR
1.0025 (0.25%)
LR Correlation
0.74
OnTester result
-
GHPR
1.0020 (0.20%)
LR Standard Error
135977.07
Total Trades
3641
Short positions
1796 (42.82%)
Long positions
1845 (48.78%)
Profit trades
1669 (45.84%)
Loss trades
1972 (54.16%)
Largest Profit trade
178249.91
Largest Loss trade
-26640.09
Average Profit trade
3102.04
Average Loss trade
-2006.89
Maximum consecutive wins (profit in money)
8 (130 034.72)
Maximum consecutive losses (loss in money)
14 (-5 173.07)
Maximal consecutive profit (count of wins)
210 408.17 (2)
Maximal consecutive loss (count of losses)
-89 333.90 (12)
Avarage consecutive wins
2
Avarage consecutive losses
2
NoCompoundingTest
Backtests Settings
Symbol
USDJPY.ducas
Period
M5 (2015.01.01 - 2025.09.18)
Broker
Currency
USD
Leverage
1:100
Symbols
1
Bars in test
799782
Ticks modelled
310180894
Modelling quality
100% real ticks
Initial Deposit
$1000.00
Backtests Results
Total net profit
23772.63
Gross profit
153103.88
Gross loss
-129331.25
Profit factor
1.18
Expected payoff
6.53
Margin level
277.43%
Absolute Bal DD
151.21
Maximal Bal DD
2 456.28 (12.79%)
Relative Bal DD
30.33% (2 384.66)
Absolute EQ DD
167.70
Maximal EQ DD
2 478.30 (12.89%)
Relative EQ DD
31.03% (2 451.07)
Recovery Factor
9.59
Sharp Ratio
1.39
Z-Score
1.29 (80.29%)
AHPR
1.0010 (0.10%)
LR Correlation
0.96
OnTester result
-
GHPR
1.0009 (0.09%)
LR Standard Error
1679.65
Total Trades
3641
Short positions
1796 (42.82%)
Long positions
1845 (48.78%)
Profit trades
1669 (45.84%)
Loss trades
1972 (54.16%)
Largest Profit trade
1296.79
Largest Loss trade
-808.31
Average Profit trade
91.73
Average Loss trade
-65.58
Maximum consecutive wins (profit in money)
8 (1 252.24)
Maximum consecutive losses (loss in money)
14 (-869.52)
Maximal consecutive profit (count of wins)
1 352.24 (2)
Maximal consecutive loss (count of losses)
-928.31 (12)
Avarage consecutive wins
2
Avarage consecutive losses
2
Long‑term backtests are informative for robustness checks; the reviewer notes they do not guarantee future performance and should be used alongside live verification.
SlingShot's Trading Strategy
- Core concept: Price‑action trend following that reads market structure rather than relying on traditional indicators.
- Entry rules: Selective entries based on signal strength and market structure; no indicator repainting claims.
- Position management: One position at a time; never pyramids or add‑ons until the first trade closes; maximum two trades per day to avoid overtrading.
- Risk sizing: Dynamic sizing tied to signal strength and stop distance; conservative by design.
- Money management: No grid; no martingale; each trade is independent.
- Time horizon: Medium‑term trades held for hours to days.
- Compliance: FIFO‑compliant and no hedging to suit US‑regulated brokers and prop‑firm rules.
SlingShot's MetaTrader Parameters
The EA supports both MT4 and MT5 and ships with recommended presets, updateable configuration files, and customer guidance on risk settings. The vendor provides one‑year and lifetime license options and a 30‑day money‑back guarantee. Specific numeric parameter values are supplied with the product and are not restated here.
SlingShot's Review Bottom Line
SlingShot from LeapFX Trading Academy is a conservative, trend‑focused automated system with decade‑long testing and third‑party live verification. It is suitable for traders seeking FIFO‑friendly automation and disciplined risk control; users should verify live widgets, test on demo accounts, and confirm account limits and settings before live deployment.
Promotional Video (by the Vendor)
Other Forex Robots from LeapFX Trading Academy
Arbitrage trading strategy where a certain currency positions are being opened depending on two different broker price feeds. It exploits differences in the price from each feed and profits from those discrepancies.
By measuring market volatility and oscillation, accounting trends and tracking price action, the robot can use the resulting data and combine it perfectly with its settings and built in indicators as CCI, Moving Averages, WPR, and others to wipe out the majority of harmful and bad signals, what finally results in being a huge win rate system.
Vortex Trader PRO uses a MySQL database to broadcast trading signals, it trades around the clock as was proved by its live performance statements with an average win of 11 pips and average loss of 21 pips.
Vortex Trader PRO uses a MySQL database to broadcast trading signals, it trades around the clock as was proved by its live performance statements with an average win of 11 pips and average loss of 21 pips.
It employs a micro channel breakout strategy and scans the lower timeframes, so once a breakout occurs, the robot automatically opens a trade with a 200 pip SL and carefully manages it until its closure on average win of 11 pips or average loss of 21 pips. The EA sends its trading signals via a MySQL database.
Channel Trader PRO not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Channel Trader PRO not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Scalp Trader PRO monitors and detects trends on the MT4 chart using moving averages, price action, and some other powerful tools ignoring weak trends and looking only for the strong ones.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
As its name suggests, Hedge Track Trader uses a hedge trading strategy that appears to be a safe one with low risk and it could yield high profits. Its integrated algorithm is designed to adapt to the continuously changing market conditions and intelligently managing trades and risk, lock-in profits and strictly limit drawdowns.
Funnel Trader EA strategy simply identifies short term trends and trades in their direction.
Auto ARB is an arbitrage based trading system coded and refined by LeapFX Trading Academy developers team that has a set of automated trading systems being reviewed in MyFxBots.
Auto News Trader is a fully automated Forex trading robot that opens trades depending on news releases. Trading news is an important Forex trading strategy that exists and being used by Forex traders a long time ago although special precautions should be taken to what could occur during and around Forex news releases like spreads increase and execution delay, what is called slippage in the trading industry.
Arbitrage Trading is a method that's not predicting the future market movement but tries to identify where the market will go on a broker based on another price feed and profiting from those differences.
With the help of its built-in Forex indicators, Atomic Trader uses its unique algorithm to identify when the market is supposed to go up or down, then enters or closes trades on your behalf while you live your regular day.
No Grid, No Hedging, No Martingale, and No Massive StopLoss. But a strong evolved Money Management System.
Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.
In order to spot trends in the markets, the Easy Money X Ray Robot makes use of a proprietary quad indicator system that is composed of four indicators that are used in combination to determine the best entry points.
To put it bluntly, Econ Power Trader is a news straddle trader that has been designed for day traders. Econ Power Trader Never uses a grid, Never uses martingale, Never uses cost averaging, & Never over leverages.
Instead of looking at signals on your chart just run Instant EA with your indicator and it will automatically trade, manage, and close your trades.
Instant EA allows you to
- Back-test your indicators rapidly, test settings, and optimize.
- Run your indicators on live and demo accounts automatically (no more sitting in front of your computer for hours on end).
- Convert your indicators into fully automated Forex robots.
- And so much more.
Jet Trader Pro's calculate is based on the EURUSD highs and lows, making it the ideal tool for profiting from this currency pair.
News Action Trader utilizes real-time economic information from a reliable news source and automatically opens, manages, and closes trades.
Patterns are formations of pricing that provide us with a graphical representation of what’s going on behind the scenes in the market, Pattern Trader PRO can recognize them and make trades based on their analysis.
The cornerstone principles for Power Trader take into account price action, market volatility, and short-term trending.
Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.
Stealth Trader is a low drawdown system, meaning it's designed to trade with very little loss while maximizing profits using NO martingale and NO grid strategy whatsoever. There will be opportunities to profit almost EVERY SINGLE DAY.
Without using a grid, martingale, or hedging strategies, Fund Trader approaches the market via a dualistic (2-step) process to determine when to enter and exit the market with profit.
Money Tree has a win rate of about 90%, with no account exposure risk, and low Stop Loss. It's not a Hedging or Grid system
The Skilled Trader has been developed to utilize and maximize the 3 secrets of successful Forex trading that will be discussed in this review. These 3 secrets actually work to allow the EA to beat the Forex market without being sabotaged by the broker it's trading on.
Trade Explorer efficiently monitors the market trends and price action, while ignoring sharp movements and market noise. It has an advanced dynamic trade management system designed to keep high returns with relatively low drawdowns.
Trade Explorer scans over 27 pairs, hunting for opportunities to be exploited.
The King Robot is a high-growth scalper with no grid, and as its developers ensure, the EA can get 10% to 100% profit per month with a high frequency of trades.
Power Growth Trader is a scalper EA with an intelligent money management system.
The Target Trader system has a proven track record of delivering consistent results based on trend, volatility, and price action movements using intelligent, carefully selected trade entries. Besides that, it's designed to last for years without needing to be updated.
The Pump Trader Robot employs a "calibrated automated trading strategy", most similar to the Trend Following Strategy that focuses on maximizing profits while minimizing risk exposure. This strategy involves using algorithms to make trading decisions based on pre-determined criteria, ensuring consistent performance and lower risk.
The Gold Miner Expert Advisor harnesses market momentum through precise price action analysis to execute rapid scalping trades in gold. With each trade protected by a built-in stop-loss, the system emphasizes disciplined risk management while capturing fleeting profit opportunities.
The trading idea behind Gold Breaker, developed by LeapFX Trading Academy, revolves around capturing gold’s breakout opportunities. It identifies key support and resistance breaches, places pending buy/sell orders at optimal levels, and enters only on genuine momentum signals. By filtering whipsaws and pairing this with adaptive stop-loss and take-profit, it pursues both short-term bursts and major trend moves without emotional bias.
Identify outsized moves away from equilibrium using a dynamic statistical channel on AUDCAD M5, enter on probable reversion points, lock quick confirmations at preset profit targets, and if price extends, layer additional positions at measured intervals while a built‑in timer prevents overexposure.
SlingShot follows a pure price‑action, trend‑following concept: identify market structure and momentum, enter selective trades, hold positions for hours to days, and size positions by signal strength and stop distance. The approach avoids indicator repainting and refrains from grid or martingale methods.
Explore insights on MTeletool, an instant forex trades copying tool that channels real-time transactions from a broker’s account to a Telegram channel, developed by LeapFX Trading Academy — the experts in crafting advanced Expert Advisors. Dive into article summaries that reveal its innovative features and dynamic trading strategies.
Tags
Valery Trading
Tickmill
FXAutomater
Algocrat AI
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
FBS
Waka Waka
IC Markets
Perceptrader AI
RoboForex
HF Markets
XM
Forex Diamond
Volatility Factor Pro
InstaForex
StrategyQuant X
Alpari
GPS Forex Robot
Forex Combo System
FX Scalper
GrandCapital
Forex Trend Detector
IronFX
AMarkets
Telegram Signal Copier
Golden Pickaxe
Broker Arbitrage
SMRT Algo
Omega Trend
Quant Analyzer
FXVM
Binance
TradingFX VPS
Forex Gold Investor
ACY Securities
AlgoWizard
RayBOT
Gold Miner
FxPro
ForexSignals.com
Smart Scalper PRO
Libertex
FXCharger
Pump Trader Robot
LeapFX Trading Academy
Quant Data Manager
ForexTime
Gold Scalper PRO
FX Choice
BlackBull Markets
FX-Builder
News Scope EA PRO
Commercial Network Services
Infinity Trader
VPS Forex Trader
Happy Forex
ByBit
Swing Trader PRO
QHoster
StarTrader
Database Mart
Evening Scalper PRO
Forex VPS
DARKEAS
Gold Breaker
Magnetic Exchange
MTeletool
Quant Tekel Funded
Best Free Scalper Pro
WallStreet Recovery PRO
Telegram Copier
Vortex Trader PRO
FX Secret Club
Forex Robot Academy
Happy Bitcoin
Forex Robot Factory (Expert Advisor Generator)
Trend Matrix EA
EGPForex
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.
