Excelsior is described as a multi-symbol expert advisor that executes a famous variant of the recurrent neural network and carries out trades on daily and weekly charts. You are advised to use the robot on a single chart no matter your current chart or timeframe. It is also possible to use this advisor with other trading systems or indicators without affecting its workability. 

The author of Excelsior is known as Evgeniy Scherbina. He is a resident in Russia and has also developed other trading systems like NewsCatcher Visual, Neural Bar Predictor, TradeKeeper Pro, Ain’t No Trend, and My Big Bars.  

Excelsior: characteristics

Here are the few features of the EA:

  • It is fully automated.
  • The minimum deposit is $250, while the recommended one is $1000.
  • The system works on a VPS.
  • It runs on the MetaTrader 4 and MetaTrader 5 terminals.

Currency pairs, strategy, & timeframe

  • The advisor works on 8 different symbols: AUDUSD, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY. 
  • It can use any timeframe.

Excelsior trades on daily and weekly charts utilizing 2 independent recurrent neural networks to compute “buy” and “sell” signals. The EA opens trades at any moment during the day or the week, provided that the daily and weekly signals are applicable. Trades are closed or set at a stop loss at the opening price based on the robot’s algorithm when the current trend changes. The initial stop loss is analytical and is set for internal computations. 

Excelsior trading performance

Backtest result.

This test was conducted between 2018 and 2021 with default settings, and the broker used was AlfaForex. With an initial deposit of $1000, Excelsior made a whopping profit of $31607209.44. A relative drawdown of 17.54% was produced, which meant that high-risk trading wasn’t applied. The executed trades were 809, while the win rates for short and long trades were 96.22% and 96.36%, respectively. There was a profit factor of 243.70. 

Trading stats on Myfxbook.

Excelsior operated a live account on Myfxbook from October 2019 to June 2021. Based on the 11 trades implemented within this period, it is clear that the EA wasn’t that active. Its profitability rate was also very low as it only made nothing daily and only 0.20% profits monthly. So, it only managed to grow this account by only 3.65%. Other data values are not shown as they are locked. 

The win rates for long positions were poor — 57%. Fortunately, the robot won all the short positions. The average win was 41.59 pips when the average loss was -41.40 pips. By the time the owner was closing this account, the risk of ruin was high. If the EA made 55 consecutive losses, then it would have been wiped out. 

How much does it cost?

Excelsior is $385. This cost is above the average price as there are vendors who are selling their EAs at $200 and below. From the trading stats, we have learned that the system has a low return rate, so it may not be worth the high price tag. 

Excelsior’s cost on MQL5.

Reviews from customers

Customers are not happy with Excelsior. As you can see in the screenshots below, they are complaining about the system’s inefficiency. Apparently, it doesn’t win, and when it makes profits, they can easily be wiped out. One client also cautions the trading community against trusting any of the backtest results. 

Customer reviews on MQL5.

Should you use Excelsior EA?

Backtest data is availableTrades infrequently
Is fully automatedHigh risk of ruin
Complaints from customers


Whilst the available backtest results show that the EA can generate large amounts of profits and trade with medium-level risks, live trading stats on Myfxbook show the contrary. According to the outcomes, it is apparent that the system was inactive most of the time and wasn’t able to generate any gainful income for the user. The benefits of using the robot are that it automates trades for you and allows you to work with multiple currency pairs.