Facebook Pixel
R
Bounce Trader - profitable Forex robot Read detailed review

Bounce Trader

rating 0/10
NFA
  • Gain 1347.15%
  • Monthly 54.87%
  • Drawdown 22.93%
  • Days in Live 297

Few Trading Systems Can Make Over 900% Profit in Just A Few Months. Bounce Trader Did It on a Live Account

Statistics

About Bounce Trader

No Grid

No Martingale

No Hedging

FIFO Compliant

Works with Almost Any Leverage

Beginner Friendly {explained below)

100% Automated

Works with as little as $100

20% Strategy. 80% Trade Management.

20% of trading is about the strategy, the other 80% is the trade management. Without proper trade management everything falls apart – even if the strategy is super accurate.

The Bounce Trader system created to strictly trade with the lowest risk methods.

This means:

  • 1 Trade at a Time
  • No Hedging
  • No Martingale
  • No Massive Stop Loss
  • All Trades are Protected with Stop Loss and Take Profit

The Bounce Trader Strategy Explained

There are 3 components to The Bounce Trader strategy that determines when a trade is opened and in what direction (buy or sell).

Utilizing multiple components in a strategy is important because independently they are not as accurate, but when combined accuracy increases creating a more reliable, consistent, and profitable result.

The 3 components are trading - momentum, price action, and key levels.

Momentum: The system will determine oversold and overbought levels based on various momentum indicators. This helps the system determine if a reversal of movement is coming.

Price Action: By examining the candlesticks, their highs, lows, size, and positioning, it helps the system to predict the direction of the market.

Key Levels: There are different levels of support and resistance in the market. By trading around them, understanding them, and respecting them, the system increases it’s chance of success on each and every trade.

Designed For Absolute Beginners – Anyone Can Use Bounce Trader Regardless Of Prior Experience or Technical Experience

Bounce Trader is 100% automated. All you have to do is install it to your Forex broker platform, Meta Trader 4. Which is provided free by most Forex brokers (we have recommendations if needed).

It’s easy to install and comes with detailed instructions, but we are here to help if you run into any problems or confusion – so no need to worry.

Once you have setup Bounce Trader it will open, manage, and close trades for you automatically. You don’t have to do anything it will run on its own and work to build up your trading profits.

It’s that easy. It doesn’t matter if you have experience or no experience. You don’t have to be tech savvy. This investment system is for anyone looking to get a competitive edge in the Forex market with a stable low risk system.

Purchase includes:

Full Access to Software and Guide – You get full access instantly in members’ area to the software and detailed manual. It’s very easy to setup and user friendly.

Auto Updates – We’ve developed an over the internet mechanism that allows us to update the software and improve the settings without you having to actually make any changes.

Customer Support Package – If you have any questions, concerns, or trouble installing or setting up the software we provide hands on support to help you.

Best Recommendations – You can use any Forex broker or services you prefer, but we do provide best recommendations and best built in settings for you in members’ area.

FXBlasterPRO Standard - $347 / ONE YEAR MEMBERSHIP

  • One time payment for 1 year access
  • Bounce Trader Automated Software
  • Auto Updates Included
  • Full Hands on Support

FXBlasterPRO Advance - $597 / LIFETIME MEMBERSHIP

  • One time payment never pay again
  • Bounce Trader Automated Software
  • Auto Updates Included
  • Full Hands on Support

Refund Policy

We have a 30 day success and satisfactory guarantee. This means that if for any reason at all within the next 30 days if you are not happy with the system or success of it. We will refund you.

Bounce Trader - profitable Forex robot
Bounce Trader
Bounce Trader - profitable Forex robot
Bounce Trader
$597
Buy
Visit the developer's website
short review Bounce Trader Review on ForexStore

Bounce Trader EA Review 2020

  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5
FXSherlock /
Avatar

Bounce Trader EA is a yet another Forex robot created by LeapFX that is claimed to be a successful Forex robot by its developer. So, dive into this Forex robot review by ForexStore, and let's review this Forex robot to see by ourselves the true value of this automated trading system.

Basic information about Bounce Trader:

  • Price$347-597
  • Currency pairAny (GBPUSD tested and recommended)
  • Number of real licenses1
  • SupportIncluded
  • Refundfull 30-days money-back guarantee

Conditions for trading:

  • Minimal deposit amount
  • Minimal leverage1:200
  • Time frameH1
  • TerminalMT4
  • BrokerAny

Live performance of Bounce Trader taken from Myfxbook

Bounce Trader EA has been out only for a few months but has already become a famous Forex robot because of its live trading account statistics which has grown by 1165.37% in a very short period of time. There is only one official account on Myfxbook trading on the GBPUSD currency pair since May 13, 2020, which gives us only 4 months of live trading to analyze. As we can see the statistic's movement is quite sharp and including some downward moves which we will discuss later in this review.

Disclaimer

*The backtests are taken from the developers’ website
*The subsequent analysis of the adviser is based on live analytics from the Myfxbook website. We’ll go through the pluses and minuses of the trading system as well as the profit and drawdown analysis.

Live performance analysis of Bounce Trader EA:

There are two packages of the Bounce Trader EA to choose from. The $347 package includes one year of membership, Bounce Trader automated software, auto-updates, 24/7 support and 30 days money-back guarantee. On the other hand, there is a $597 package that includes all the features from the small package but instead of one year of access, the customer gets a lifetime membership without any other payments included ever.

The developer claims that the EA supports any currency pair but in fact, as we can see there is only one real account of Bounce Trader that supports only GBPUSD currency pair which is the recommended pair by the developer. The EA works on the H1 timeframe with the minimum leverage of 1:200 and it is compatible only with the MT4 terminal.

So, let’s turn our attention to the performance of Bounce Trader EA. As we can see from the chart below, the system has been showing a bit sharp curve but at the same time moving in the upward direction. Having only four months of trading the EA has grown its gain by 1165% which is impressive. The drawdown level of the Bounce Trader EA is equal to 22.93%.

Myfxbook statistics of the Bounce Trader EA

When comparing a profit to drawdown level, the ratio looks really high. With the monthly 87.86% of the gain and almost 23% of drawdown, the ratio is equal to something around 3:1 which is a dramatically high number.

But as we can see the whole trading curve consists of only 35 trades which actually should be the reason for such a high profit/drawdown ratio. It is also the reason which leads us to the conclusion that the Bounce Trader trades with a large lot size and does not use Martingale or Grid strategy to grow the gain. Instead, the system (according to its developers) tries to find the best entrance point for every trade.

The developer explains the strategy of the Bounce Trader this way: "20% of trading is about the strategy, the other 80% is the trade management. Without proper trade management, everything falls apart – even if the strategy is super accurate. There are 3 components to The Bounce Trader strategy that determines when a trade is opened and in what direction (buy or sell). The 3 components are momentum, price action, and key levels”.

There are also short explanations about each of the components, which does not make any sense because there is actually no information about the indicators they use, just basic information about the fundamental principles of the trading components.

If talking about the selling webpage of the Bounce Trader EA, it is worth saying that the impression about all the texts and videos on the site is quite unpleasant. All the claims that the developer makes, all the selling statements, and the way it is told make me think that this is just another scamming seller that will blow up in near future.

On other hand, the Bounce Trader EA has been showing good results for four months already. As we can see from the chart below, the EA has an incredible 80% of the won trades and only 20% of lost once.

Myfxbook trading statistics of the Bounce Trader EA

Mostly trades' duration is no longer than 16 hours and if the trade stays in the market for a longer period statistically as we can see from the chart below the win rate decreases to 50%.

Myfxbook live trading statistics of the Bounce Trader EA

In the end, I have to mention that the Bounce Trader EA has got no official backtests of any kind and it is disappointing because backtesting of the system is an important factor when choosing the best Forex robots for automated Forex trading. It is an important indicator of the stability of the system.

Summary

Summarizing all that's been said, I can admit that the Bounce Trader EA in my opinion has pretty controversial features. The way that it's been represented for me looks very aggressive and pretty scamming-looked. But at the same time, the EA shows nice results with a high profit/drawdown ratio.

The strategy of the Bounce Trader EA is unclear but it is definitely not a Martingale grid or scalping one. The live trading results and chart stick to the developers claim to be a one-trade-per-time strategy. And still, it is hard to consider whether the EA is highly profitable and reliable or not since it has been out for only 4 months. It's needed to be given more time and space to show itself either in a good or bad way. Time will tell.

Final marks

So let’s finish this review by giving appropriate assessments to the Bounce Trader based on the analysis of its work, statistics, and other factors
Price VS Quality
4/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5
Profitability / Drawdown
5/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5
Statistics duration
2/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5
Backtests
0/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5
Authors’ rating
2/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5
AVERAGE
2.5/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • 1
  • 2
  • 3
  • 4
  • 5

The price of the EA compared to the main features of the Bounce Trader feels a little bit overrated for me, so I give 4 out of five stars for this mark.

The drawdown/profitability ratio is one of the most important characteristics of any Forex EA and in the case of Forex Gump EA the ratio is actually very high but even though there's been very little room for it to fail we still have to admit that this Forex robot deserves to get 5 out of 5. 

The live statistics of Forex Gump EA start in May 2020 which gives us only 4 months of the results which are enough to give it only 2 out of 5 stars. 

Unfortunately, there are simply no backtests of Bounce Trader EA so I give 0 out of 5 stars for this statistic. And my personal assessment for the Bounce Trader EA is quite similar to the objective marks that have already been given. There are some pros and some cons of this system which make me doubt a little about the real performance of this system so I give it 2 out of 5.

Automated ForexStore rating is

6.5/10

At the moment of writing this review, the automated rating system of the ForexStore rated the Bounce trader EA 6.5 out of 10. The review mark for this EA is lower. The average mark of this review is 2.5 out of 5 which is equal to 5 out of 10.

I hope this helps you, traders! I wish you profitable trading and luck on the market!

Bounce Trader - profitable Forex robot
Bounce Trader
Bounce Trader - profitable Forex robot
Bounce Trader
$597
Buy
Visit the developer's website