The installation process of the FXParabol on MT4 is pretty simple. You only need to download the installation files of the robot to your computer and put them into the right folders of your MT4. Learn how to install and run EA on MT4 and trade with FXParabol without problems.
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Read detailed review
Read detailed review
FXParabol is a 100% automated Forex robot.
>12 M - Over 12 months of live trading
Since 2015 - Tests on historical data from 2015
70% Win - Average win rate 70%
Statistics
FXParabol EURUSD, USDCHF, USDJPY - Real
Backtests
By purchasing our robot, you will receive two versions of the program that works on MetaTrader 4 and MetaTrader 5 platforms. Also, you will be able to manage your license online in a Personal Area.
Normal USD/JPY - Since 2015
Aggressive USD/CHF - Since 2015
Normal USD/CHF - Since 2015
Aggressive EUR/USD - Since 2015
Normal EUR/USD - Since 2015
Information about FXParabol
Our development of FXParabol is based on a combination of the Parabolic SAR and Bollinger Bands indicators. The robot uses a combination of these indicators in such a way as to detect a trend and determine the moment when to start trading in the direction of this trend. There is also a special mathematical algorithm in the EA that allows it to compensate even for losing trades.
FXParabol robot works on three currency pairs: USDJPY, USDCHF and EURUSD. It has a special system that limits possible drawdowns, which you can easily configure in the settings.
Works on MT4 and MT5 platforms
Reliable drawdown control
Compatibility with most brokers and account types
Purchase includes:
By purchasing our robot, you will receive two versions of the program that works on MetaTrader 4 and MetaTrader 5 platforms. Also, you will be able to manage your license online in a Personal Area.
You will also get:
- 1 license
- Detailed User Manual
- Qualitative technical support 24/7
- Free updates
Refund policy
We provide a full money-back guarantee during the first 30 days after purchasing. If our EA doesn’t work properly on your account, and we cannot do anything about it, we will return your money. If a drawdown on your account exceeds 35%, we will also initiate a refund process, on condition that you have used our recommended settings and provided proofs of that.
F.A.Q.
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What is the profit level of the FXParabol on the real/demo account?
The FXParabol has been able to reach the profit level of 276.8% during the live/demo trading period. These results are proven by one of the respected third-party companies.
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How much does the FXParabol cost?
The official developer of the FXParabol has announced the price of the FXParabol to be $289.
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What is the drawdown level of the FXParabol on the real/demo account?
The FXParabol has been able to keep the maximum fixed drawdown level of 36.82% during the live/demo trading period.
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full review
FXParabol Review
FXParabol EA is the newest 100% automated Forex robot that's is designed to bring profit by accurately mathematically calculated trading thanks to trend indicators and specific math algorithms. Read the close-up review of the FXParabol EA to see the advantages and disadvantages of the system.
Basic information about FXParabol
- Price$289
- Currency pairUSDJPY, USDCHF
- Number of real licenses1-lifetime license
- Support24/7
- Refund30 days money-back guarantee
Conditions for trading:
- Minimal deposit amount$400
- Time frameH1
- TerminalMT4 and MT5
- Brokerany
Live performance of FXParabol
The FXParabol EA has got two real live trading accounts on Myfxbook service where it trades on different currency pairs - USDJPY and USDCHF. Both accounts have been trading live since August 19, 2020, which allows us to analyze approximately 1.5 years of live trading. Starting with the initial deposit of $1000 and $1500 the FXParabol EA has reached profits of 427% and 372% respectively. Looking at the smoothness of the graphs, we have to admit that this Forex robot has been able to keep its trading graphs clean from deep fixed drawdowns and significant losses. Graphs look strongly moving up and show no signs of sharp-edged movement.
FXParabol Aggressive USDJPY
FXParabol Normal USDJPY
FXParabol Aggressive USDCHF
FXParabol Normal USDCHF
FXParabol Aggressive EURUSD
FXParabol Normal EURUSD
Disclaimer
*The backtests are taken from the developers’ website 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.
Profitability and drawdown
The live trading of the FXParabol EA has started on August 19, 2020, on both available live trading accounts of the robot with initial deposits of $1000 for the "FXParabol USDJPY" account and $1500 for the "FXParabol USDCHF" account. The FXParabol robot is designed to trade on two currency pairs and the developer made sure to represent live trading results on both of them, which is good for the full understanding of the real possibilities of this trading system.
The FXParabol EA has managed to grow the USDJPY account’s profit by 427% since the beginning of live trading. It is a pretty high result if considering that the maximum floating drawdown level the system has ever reached was only 22.8% and the average monthly compound rate of return is almost 10%.
The live trading numbers of the FXParabol robot that were previously described show us possible future outcomes of using this EA. Having 428% of cumulative gain reached in 18 months with the maximum fixed drawdown of 23%, the average profit to drawdown ratio is 0.43:1. These numbers might not be looking pretty impressive but still, it is good results to get profits with not that high risks.
The other trading account of FXParabol EA shows a bit different trading results. On the USDCHF account, the system uses an initial deposit of $1500 and has been able to reach 373% of gain during the 18 month live trading period. The monthly compound rate of return for this robot is quite close to the other accounts' - 9.1%, but the floating drawdown level is much higher. The maximum floating drawdown level for the USDCHF account is 59%, which is a pretty high number.
Considering the described numbers of this FXParabol account, we can calculate the approximate profitability to drawdown ratio. With 372% of cumulative gain that the system collected through the 18 months live trading period, and with a maximum fixed drawdown level of 59%, the average ratio should be around 0.15:1. This result is quite low for the Forex robot that wants to be called highly profitable.
Profitability and drawdown
The live trading of the FXParabol EA has started on August 19, 2020, on both available live trading accounts of the robot with initial deposits of $1000 for the "FXParabol USDJPY" account and $1500 for the "FXParabol USDCHF" account. The FXParabol robot is designed to trade on two currency pairs and the developer made sure to represent live trading results on both of them, which is good for the full understanding of the real possibilities of this trading system.
The FXParabol EA has managed to grow the USDJPY account’s profit by 427% since the beginning of live trading. It is a pretty high result if considering that the maximum floating drawdown level the system has ever reached was only 22.8% and the average monthly compound rate of return is almost 10%.
The live trading numbers of the FXParabol robot that were previously described show us possible future outcomes of using this EA. Having 428% of cumulative gain reached in 18 months with the maximum fixed drawdown of 23%, the average profit to drawdown ratio is 0.43:1. These numbers might not be looking pretty impressive but still, it is good results to get profits with not that high risks.
The other trading account of FXParabol EA shows a bit different trading results. On the USDCHF account, the system uses an initial deposit of $1500 and has been able to reach 373% of gain during the 18 month live trading period. The monthly compound rate of return for this robot is quite close to the other accounts' - 9.1%, but the floating drawdown level is much higher. The maximum floating drawdown level for the USDCHF account is 59%, which is a pretty high number.
Considering the described numbers of this FXParabol account, we can calculate the approximate profitability to drawdown ratio. With 372% of cumulative gain that the system collected through the 18 months live trading period, and with a maximum fixed drawdown level of 59%, the average ratio should be around 0.15:1. This result is quite low for the Forex robot that wants to be called highly profitable.
Profitability and drawdown
The live trading of the FXParabol EA has started on August 19, 2020, on both available live trading accounts of the robot with initial deposits of $1000 for the "FXParabol USDJPY" account and $1500 for the "FXParabol USDCHF" account. The FXParabol robot is designed to trade on two currency pairs and the developer made sure to represent live trading results on both of them, which is good for the full understanding of the real possibilities of this trading system.
The FXParabol EA has managed to grow the USDJPY account’s profit by 427% since the beginning of live trading. It is a pretty high result if considering that the maximum floating drawdown level the system has ever reached was only 22.8% and the average monthly compound rate of return is almost 10%.
The live trading numbers of the FXParabol robot that were previously described show us possible future outcomes of using this EA. Having 428% of cumulative gain reached in 18 months with the maximum fixed drawdown of 23%, the average profit to drawdown ratio is 0.43:1. These numbers might not be looking pretty impressive but still, it is good results to get profits with not that high risks.
The other trading account of FXParabol EA shows a bit different trading results. On the USDCHF account, the system uses an initial deposit of $1500 and has been able to reach 373% of gain during the 18 month live trading period. The monthly compound rate of return for this robot is quite close to the other accounts' - 9.1%, but the floating drawdown level is much higher. The maximum floating drawdown level for the USDCHF account is 59%, which is a pretty high number.
Considering the described numbers of this FXParabol account, we can calculate the approximate profitability to drawdown ratio. With 372% of cumulative gain that the system collected through the 18 months live trading period, and with a maximum fixed drawdown level of 59%, the average ratio should be around 0.15:1. This result is quite low for the Forex robot that wants to be called highly profitable.
Final marks
So let’s finish this review by giving appropriate assessments to the FXParabol based on the analysis of its work, statistics, and other factors
Price VS Quality
Profitability / Drawdown
Statistics duration
Backtests
Authors’ rating
AVERAGE
The price of FXParabol EA is appropriate to the quality, which is proved by 1.5 years of the trading statistics that show a high profit to drawdown ratio and haven't had long fixed drawdowns or small drawdowns that haven't been recovered. The system has several backtests and a money-back guarantee, which together with a not that high price of $289 makes me give it 5 out of 5 for this stat.
The profitability to drawdown ratio of the FXParabol is good, but it is much higher on one live account than on another one. The system once reached a pretty high floating drawdown of 59%, which lowered the profitability to drawdown ratio for the USDCHF account to 0.15:1. This also lowers the mark here to 4.5 out of 5.
Statistics duration of this FXParabol robot as mentioned is 18 months which is more than enough to say that the system is reliable and profitable for long-term trading. With that being said, I give it a maximum of 5 out of 5 stars.
FXParabol EA has got backtests made on 5 and 6 years long history quotes for different accounts, which is fine for such a system to confirm the reliability and productivity. So, here it gets 5 out of 5.
I feel good about the FXParabol EA. The system is profitable and has got a unique character. I am absolutely confident that this Forex robot will show itself highly profitable and reliable in the future. And for me, the FXParabol EA has already shown the perspective of its work pretty clearly. So, I give it 5 out of 5.
At the moment of writing this review, the automated rating system of the ForexStore rated FXParabol EA 10 points out of 10 which is very close to the marks that have been given in this review. This Forex trading system for sure deserves your attention.
I hope this review helps you, traders! I wish you profitable trading and luck on the market!