Big Bang was designed by Andrey Barinov and released on April 5, 2020. The current version is 3.4 from October 14, 2020.
The developer has many other products published in the MQL5 community.
Big Bang: Characteristics
The EA has many useful features:
- It’s designed for running on MT4.
- It’s available for the MT5 platform as well.
- To perform a backtest, the robot needs at least one year of past data.
- It works with EUR/USD, GBP/USD, EUR/JPY, USD/CAD, AUD/USD, and USD/JPY.
- The robot can be used on any broker.
- The recommended leverage is up to 1:500.
- For performing backtest, the timeframe should be M1.
- The EA supports dynamic Lot Size calculations.
- There’s a Hedge feature to recover quicker after losses.
- The EA allows using hidden from a broker SL and TP levels.
- Spread Filter does not let open new deals if spreads are high.
- There are three settings for different margins.
- It can be used on VPS.
- The broker has to support hedge account trading.
- The EA wasn’t tested on metals, shares, futures.
- The EA doesn’t support brokers that close and reopen overnight positions.
Currency Pairs, Strategy & Timeframe
- The robot works based on the Price Movement, Resistance, and Support levels.
- Big Bang trades EUR/USD, GBP/USD, EUR/JPY, USD/CAD, AUD/USD, and USD/JPY.
- We can trade other pairs, but settings must be optimized.
- The robot can run the chart in any time frame.
Big Bang Trading Performance
We’ve got a single photoshopped screenshot as a backtest report. For 26 months, the EA has managed to grow the initial deposit of $1000 up to $19M of the total net profit.
To execute a correct backtest, we have to customize the proper settings of MT4.
There’s a real USD account on the Alpari RU. The robot used technical indicators on its automatic trading with 1:500 leverage on the MetaTrader 4 platform. The account has a medium level of transparency. There’s a Verified Track Record, but some data is hidden from viewers. The account was created on March 29, 2019. Since then, the absolute gain has become +54.34%. An average monthly gain was +2.31% with a little maximum drawdown – 11.30%. The account is tracked only by two users.
As we can see, this month, the EA hasn’t opened any trade.
The EA has closed 1167 deals with -446.2 pips. An average trade win was 13.19 pips. It’s twice less than an average loss (-28.17 pips). The win-rate was 65% for Longs and 68% for Shorts. An average trade length is over 18 hours. The Profit Factor is little (1.51) compared with backtest results.
As we can see, the EA couldn’t trade AUD/CAD smoothly, and AUD/NZD has lost the SELL direction. NZD/CAD and NZD/USD have lost the BUY direction. AUD/NZD (-607.4 pips) and NZD/CAD (-26.0) have brought losses in pips.
The EA trades unpredictably by hours.
It stopped trading with quite high risks to the account balance.
The devs closed trade history, so we can see only a monthly gain chart.
How much does it cost?
The robot costs insane money – $1999. There’s no rent option for people to check it live. As usual, there’s no money-back guarantee as well.
Reviews from customers
The EA has positive and negative feedback from buyers.
Forex Peace Army has a page of Big Bang EA. We don’t know for sure if it’s connected to this robot or it just another EA with the same name
Should You Use Big Bang EA?
|Real account trading results||No backtest report provided|
|Settings explanations provided||Strategy details were not well explained|
|Money-management advice provided||High margin requirements|
|The real account was stopped several weeks ago|
|Lack of the account’s transparency|
|Mediocre Profit Factor|
|Any of the currency pairs was traded well|
|No rent options|
|No money-back-guarantee provided|
|Little people feedback|
Big Bang is the most likely trend strategy EA that uses some indicators, including support and resistance levels. We couldn’t reach trading history to check what trades the EA has performed. The robot costs insane money. The developer sells it unfriendly: there are no refunds and renting options.