FX Lucky Pro is a robot that has an unprofessional presentation with a huge lack of useful information and explanations. We united everything we found in FX Luck Pro review.
FX Lucky Pro: Characteristics
The list of features looks little:
- The EA works automatically for us.
- The robot is designed to close as many trades as possible with profits.
- The expert advisor uses several trading patterns simultaneously.
- All of this increases profitability in a big way.
- The developer hid the information about the team behind the wording.
- They provide only 24/4, not 24/7 support.
- The robot is delivered with free upgrades and updates.
- It gathered the “best strategies” behind the system. We didn’t find any sign of which ones.
- The money-management system covers all trades, setting Stop Loss levels preventing significant losses.
- The win-rate is up to 90%, according to the devs’ claims.
- It uses MT4 indicators like RSI, Moving Average to spot trading opportunities.
- The money-management features allow calculating Lot Sizes based on the balance and our desirable risks.
- The system has protection from high spreads and slippage.
- The robot was backtested on long-term historical data.
Currency Pairs, Strategy & Timeframe
- The robot performs mod-term scalping.
- It works only with AUD/USD.
- Most likely, it trades on the M30 or H1 (according to the backtest) time frame.
- We have to have $200 for trading with a 0.01 Lot Size.
FX Lucky Pro Trading Performance
It’s an AUD/USD backtest on the H1 time frame. The test had 32032 bars. The modeling quality was 90.00% with 20 pips spreads. An initial deposit was $300. The total net profit has become $124714. The Profit Factor was insanely high – 43.80. The maximum drawdown was low – 12.42%. FX Lucky Pro closed 434 deals with 93% of the win-rate in both directions.
The robot ran a real RUR account. The account was created on September 30, 2020, but trading started in two months on November 11, 2020. The margin level was high – 3386.5% ( 231.12 Margin in use).
The robot traded only AUD/USD. The total net return was +271.2%. An average monthly gain was +52.9%. The maximum drawdown was -0.3%. The win-rate was solid – 94.9%. The Profit Factor was the best among other robots seen by us in 2020 – 241.16. An average trade frequency was 0.3 deals daily. The account was live for 122 days.
The Risk to Reward Ratio was 4.61. The account was under great management. So, there was the lowest possible risk of ruin. An average trade length was 32.7 hours. An average win was +$139.29. An average loss was -$10.68. The average result was $131.60.
The BUY direction was the most preferable by the EA.
The robot worked based on a single strategy – 878981.
Tuesday was the less traded day.
FX Lucky Pro traded mostly during the European trading hours.
December 2020 was twice more active months by the number of deals than January 2021.
As we can see, the robot had closed deals with losses extremely rarely.
There are still several trades opened.
How much does it cost?
The robot costs a little price. For the Basic pack, the vendor asks $107 for a lifelong license. It includes one real and one demo account. The Standard pack costs $127 for a lifelong license. There are two real and two demo account licenses. The robot delivers without a money-back guarantee.
Reviews from customers
FX Lucky Pro has its trading results connected to the Forex Peace Army page.
There are no testimonials, so no rate is there as well.
Should You Use FX Lucky Pro?
|The strategy is explained||No team revealed|
|Backtest reports provided||No settings explanations provided|
|Trading results provided||No money-back-guarantee provided|
|Low-drawdown trading||No clients testimonials published|
FX Lucky Pro is a scalper that works on a single currency pair – AUD/USD. The presentation doesn’t look professional at all, but the trading results are solid. At the same time, we have an affordable price but without a money-back guarantee. We know absolutely nothing about the developers as well as there are no client testimonials on the web.