Breakthrough Strategy is an expert advisor that works on the market seeking for break moments to open trades. In this review we will analyze all the important aspects of this algorithm and see whether it is a worthwhile investment solution.
Breakthrough Strategy: characteristics
The developer provided us with a medium-sized presentation that doesn’t explain all features and other important notes about the system.
- The system can execute orders for us completely automatically.
- We have to ask the devs how to test the system properly.
- The system provides us with possibilities to work on MT4 and MT5.
- The system sets GMT Offset automatically, either.
- The dev explained the time settings well.
- There’s no need to change a magic number for each pair.
Currency pairs, strategy & timeframe
- We can work with the pairs: AUDCHF, AUDJPY, AUDNZD, CADCHF, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY.
- The strategy is trading breakout events.
- We don’t know the details of the time frame.
Breakthrough Strategy trading performance
The presentation isn’t featured by backtest reports. We have no idea if the system was properly and strictly tested before release. It’s important to know what results the system could achieve working with the past tick data.
It’s nice of the developer to provide us with the verified MQL5 trading results. Based on this data, we can make a wise decision about if the system fits our expectations or not. We have a real account on IC Markets with 1:500 leverage. The maximum drawdown is 43.1%. The maximum deposit load is 52.3%. The accuracy is 75.4%. The account has a number of bars that show low reliability. It has been working for 204 weeks in a row. An initial deposit was $100. The growth has become 1498.67%. It has been over 1500% since our last visit.
The chart and monthly results show that the system isn’t stable.
An average holding time is two days. An average trade frequency is 7 orders weekly. It was twice more often.
We may note that lost orders happen from time to time bringing deep losses.
The advisor has executed 1959 deals. The best trade is $150.69 when the worst trade is -$390.40. The recovery factor is 1.62. The profit factor is 1.32. An average win is $7.03 when an average loss is -$16.39.
GBPCAD is still the most traded pair with 193 orders.
There are only 12 profitable pairs.
How much does it cost?
The system is available for a medium price of $197. It’s a common offer for that type of software. We can rent the system for $30 monthly. For three months, the rent will be $60. There’s no refund policy that we can rely on. We are allowed to download a demo copy of the system to give it a try.
Reviews from customers
Many clients tried it without success. So, we have lots of negative testimonials.
Should you use Breakthrough Strategy?
|Trading results provided||No risk advice given|
|No settings explanations provided|
|No money management details explained|
|No backtest reports provided|
|Horrible trading results|
|The comments inform us that the system is a scam|
Breakthrough Strategy is an advisor that has a long trading history background. It couldn’t work stable for a significant period of time. People inform us that it’s best not to purchase the robot because they couldn’t succeed with it.