Kapola Trader EA is promoted as a winning Forex robot that works like a clock to generate steady monthly profits without incurring any losses. It supposedly works with proven trading strategies to outperform the market continuously. The system promises to produce for you a win ratio of 3:1. You can already tell that these claims are meant to convince traders to invest in the EA. We are here to help you ascertain if you stand to gain from it. 

The identity of this vendor is kept under wraps. We don’t know why the devs have decided not to say who they are or what they do for a living. This move may create distrust in their product, especially among traders who value working with reputable vendors. 

Kapola Trader EA: characteristics

The features of this system are listed here:

  • It is 100% automated.
  • Free updates are available.
  • 24/7 customer support is offered.
  • The system is easy to use and install.
  • It works on the MT4 platform.

Currency pairs, strategy, & timeframe

The EA trades on the NZDUSD, GBPUSD, EURUSD, USDJPY, and AUDUSD currency pairs using the M15 timeframe. 

Kapola EA is said to trade on autopilot by using lucrative strategies and smart functions. It works with Bollinger Bands to monitor the current price data in the market. Once it identifies the correct entry points through its own calculations, it places buy/sell orders. Sometimes the EA can work with multiple entry points with the goal of maximizing profits. The moving average and the CCI indicator are used to compute and confirm the exit point, respectively. A trailing stop feature is available to secure the user’s profits. 

Kapola Trader EA trading performance

The vendor has not included the backtest data for this trading tool. We are surprised since these stats are a vital part of any Forex robot presentation. They can also assist traders to familiarize themselves with the strengths and weaknesses of any trading plan. 

Live trading stats can be found on Myfxbook. See how we have assessed the data below:

Live trading statistics on Myfxbook.

We have a live account that was opened a month ago and deposited at $4000. To date, the robot has made a profit of $3935.75 for it. The monthly profit is 97.32%, while the drawdown is 8.79%. Subsequently, the reward/risk ratio is 11:1, which is way higher than the 3:1 win ratio the vendor promises the EA will make for users. So, this outcome is a good sign. The overall gain is 98.43%.  

Trading performance.

Trades are carried out rather often as we already have 966 completed orders within this short trading period. The resulting win rates for long and short positions are 74% and 72%, respectively. The profit factor is 3.22, meaning that the EA generates significant returns on investment. Generally, a trade is held for 18 hours and 20 minutes. 

Monthly profits.

The EA has managed to make considerable profits since it began working on this account.  

Trading summary.

All the traded currency pairs have been profitable so far except for the EURUSD symbol that incurred a loss on one trading occasion.

How much does it cost?

Kapola Trader has 3 pricing options. The Bronze pack is $99, while the Silver one is $149. The Gold offer is the most expensive, with an asking price of $249. 

Reviews from customers

Kapola Trader has no reviews from customers. Without this feedback, we cannot know what they feel about the product. Such info can provide more insight into the EA’s good and bad sides.

Should you use Kapola Trader EA?

ProsCons
ProfitableShort trading period
Live trading data is presentBacktest results are missing
Affordable plansNo user reviews
Vendor is unknown

Conclusion

Kapola’s performance in the market is undoubtedly incredible. Not only does it generate large profit amounts but also trades with low risks to the balance. However, you have to remember that the system has traded live for only a month, so the outcomes may change with time. Therefore, it is prudent to track it for longer to see if it can maintain the current performance or not.