Silent Master is a trading solution that was published in July 2021 on MQL5. The developer claims that the robot was designed “for night trading during low market volatility”. We are told that trading “positions are always protected by StopLoss and DD parameters.” We are going to check these claims and decide whether it is a worthy trading tool.

Silent Master: characteristics

The presentation includes some information about how the system works and what we have to expect from it. 

  • It can execute orders for us on the terminal automatically. 
  • There are several copies left for $149.
  • We should expect that the next one will be $199. 
  • It scalps little profits at night when there is not high volume trading. 
  • There are elements of machine learning applied. 
  • The system protects orders on the market with SL levels. 
  • It doesn’t work with Martingale, Grid, Arbitrage, or other risky strategies. 
  • After setting the system we may do anything extra. 
  • The advisor requires $100 on the balance. 
  • It can be used on the MT4/5 platform.
  • The default parameters are customized for EURUSD. 
  • “Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.”

Currency pairs, strategy & timeframe

  • It focuses on a scalping strategy during the night session. 
  • The only time frame is M5. 
  • The main cross pair to work with is EURUSD.  

Silent Master trading performance

Backtest report.

The advisor has a backtest that was performed on EURUSD on the real tick data. We don’t know the details of the time frame. The modeling quality was 100.00%. The initial deposit was $100. It has become $63,499 of the total net profit. The profit factor was 6.32. The maximum drawdown was 17.91%.

Trading results.

It’s a good sign that we have verified trading results. The advisor has been running a real USD account with 1:500 leverage on MT4 automatically. The broker is IC Markets. The account has a verified tracker record. It was deployed on July 05, 2020, and deposited at $350. Since then, the absolute gain has amounted to 27.24%. An average monthly gain is 1.54%. The maximum drawdown is 37.76%. This is a completely unhealthy number. 

Trading statistics.

There were 312 orders executed with 236.1 pips. An average win is 2.19 pips when an average loss is -3.31 pips. The win rate is 79% for longs and 100% for shorts. An average trade length is 1 hour with 4minutes. The profit factor is 1.12. An average good profit factor starts from 1.6. 

Trading directions.

The only direction for active trading is long trading direction with 300 trades. 

Hourly activities.

It works right after past Midnight. 

Daily activities.

Monday is not the most preferable day to trade. 

Trading risks.

The robot works with impossible risks. They are so high. There’s a 86.56% chance to lose 10% of the account. 

Closed orders.

The system uses Martingale from time to time. We don’t know the reason for this. 

Monthly profits.

The monthly profit chart shows that the robot is dangerous and it has lost many months. 

How much does it cost?

The robot is available for $149. We have no single rental option available. So, we’re not allowed to give the system a try. It can be used for executing backtest and checking settings. There’s no refund policy. 

Reviews from customers

The developer’s profile.

Evgeniy Machok is a developer from Russia. He has a 597,874 rating. The portfolio includes 14 products and 8 accounts with signals. His products have a 4.1 rate based on 146 reviews. 

People testimonials.

The presentation has some positive pieces of feedback. We don’t know if it’s relevant. 

Should you use Silent Master?

ProsCons
Trading results sharedNo risk advice given 
Backtest reports revealed No settings explanations provided 
Affordable pricingThe robot doesn’t work stable
No refunds provided
No rental options available 

Conclusion

Silent Master is a trading solution that works on the market after midnight, scalping little profits. The advisor works with EURUSD only. Alas, trading results are almost always scams. The system trades with an impossibly low profit factor that is so close to 1. We have no feedback that would convince us that the advisor works better on clients’ accounts.