Is it possible to double your deposit in a week or in a month by trading forex?
We all know the answer to this question, right?
It is a big NO!
However, some trading EAs and trading robots claim that it is possible to double your trading account within a week or a month.
Among them, the Integral EA is one that claims it can double the deposit within a week or a month.
In this article, we will give you a comprehensive breakdown of the integral EA?
Specifically here is what we are going to talk about,
- What is integral EA and how to use it?
- Recommendation to Use the EA.
- Is the Integral EA actually work? (Performance Reports).
- Review and our thought about the EA.
With that let’s dive in.
What is Integral EA and How to Use It?
Integral EA is based on the well-known ZigZag indicator, which comes standard with the Meta Trader 4 (MT4) trading platform.
In a nutshell, The integral EA uses the arrow signal generated by the ZigZag indicator to generate buy and sell signals, and the developers claim that these signals can be used to exponentially grow your trading account.
Here is an example of how this EA works.
When a sell arrow appears, the EA creates a grid of orders pointing in the same direction as the arrow. Each order is larger than the one before it by a factor specified in the settings. It is also possible to ensure that the lot does not rise, but this will make it difficult to disperse the deposit quickly.
Now here is what the developer said,
This adviser is an aggressive expert, but it is believed that it is better to double the deposit in a week and withdraw money, than add 10% each month and at the end of the year wait for some BREXIT that will bring down all the quotes and merge your account. We make advisers for any customer. There are conservative experts on our site and there are also aggressive ones who double the deposit every week.
With that here are setting that you can adjust in the EA.
With that let’s see the recommendation for the integral EA.
- A minimum account balance of 2000$ or the equivalent cent account is required.
- Work on any pair and experiment with various currency pairs. We only ran tests in GBPUSD, EURUSD, USDJPY, AUDUSD, and GOLD.
- M15 Timeframe is the best for working (any Timeframe).
- The main rule is to withdraw profits after doubling your initial deposit.
- This Metatrader 4 Expert Advisor should run on a VPS 24 hours a day, seven days a week to achieve consistent results. As a result, we recommend that you run this free forex EA on a dependable VPS (Reliable and Trusted FOREX VPS – FXVM).
- Low Spread ECN account is also recommended.
Is the Integral EA Actually Work? (Performance Reports)
All of these reports are from the developers on this EA.
Here is the report from the developer’s first account on which the adviser was placed.
From $ 9,700 – up to $ 68,389 for a month and a half of work.
Here is the second account ?
Review and our thought about the EA
On the internet, we didn’t find enough reviews to support the integral EA and most of the reviews are suggesting that you should stay away from integral EA.
Most traders who use the integral EA is having a 50% or more drawdown in their trading account.
Some of them claim that they are having relative small drawdowns compared to the gains. Here is the proof. ?
According to the above account, you can see that the drawdown is a negative 15% while the gain is a whopping 150%.
Here is the link to this account.
Just Like that for some of the traders and in some trading periods, the integral EA can be profitable while some periods tend to drain your initial deposit as well.
So.. what is our thought?
Well, We can say that the promises this indicator gives is far beyond reality and you should stay away from this EA at the same time this indicator can be worked in certain trading environments. Try to adjust the setting in the EA and apply it to the different marketing conditions to find out which market condition will work or not.
A demo account can be your best friend when testing different parameters in this indicator.
Finally, what is your thought about the Integral EA? Let me know in the comment section.
Here is the download link for the Integral EA in case you want to test it in the demo account.
If you are interested in learning about trading, head over to the Trade Article section and you will plenty of quality articles to learn about trading.
Related Reading: Intraday Reversal Trading Strategy – How to Catch Big Reversals