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Read detailed review
Read detailed review
FXRiseUP is a classic supply and demand trading system designed for EURUSD. The EA sells at zones with bearish pressure and buys at zones with bullish pressure.
Statistics
FXRiseUP - Real
Backtests
FXRiseUP EURUSD Normal
Information about FXRiseUP
What makes FXRiseUP EA so efficient is its advanced entry and trade management engines, let's have a closer look at these components.
FXRiseUP EA scales into positions to get the best average entry price on each trade setup, and we will talk in great detail about the advantages as well as the disadvantages related to this system in the Money Management section a bit further down this article.
When scaling into positions, the questions is what distance is the optimal distance between each additional order? This depends on the market dynamics, which are constantly changing from hour to hour, day to day, week to week and so on.
FXRiseUP is constantly measuring the market dynamics of the currency pairs it is trading and by doing so it is able to calculate what the optimal distance in pips will be for each trade setup. In other words, the EA adjusts its trade engine to the current market conditions and either increases or decreases the distance between each additional order. This is such a powerful feature and one of the key designs that give FXRiseUP its incredible edge.
Advanced supply and demand tracker to find the most favourable entry price:
We have all heard the saying "buy low - sell high". And that is exactly FXRiseUP does. It has an advanced supply and demand zone tracker built into its trade engine. Once a key support/demand area has been established the EA places a pending buy limit order at that price level in the anticipation that should price come back to this key level, there will be a strong interest from institutional market participants to buy large positions which will make the exchange rate reverse and reach for new highs.
The opposite happens when a key supply/resistance area has been determined, the EA will place a pending sell limit order at this price zone knowing that there is a high probability that the bearish pressure will dominate the buyers at the zone which will result in a declining exchange rate into the near future from this point on.
FXRiseUP scans the market continuously, and is always looking to enter at the upmost favourable and discounted price. It looks for zones where price has seen strong rejections in the past. We know that once price come back to these levels there will most likely be strong rejection again. Entering at these price areas with either a surplus in demand or supply gives the EA its powerful edge.
This EA has both a directional trade filter and a trend strength filter built into its trade engine. These two trend filters together can help to support the supply and demand tracker to find the best entry areas and stay out of the markets when there are unfavourable trading conditions.
FXRiseUP has an inbuilt filter which detects news related to the currency pair it is trading. This news filter will stop trading actions at a set time before any related news event and automatically resume trading a set time period after the news events. This allows the EA to stay out of the market at the most volatile and risky periods.
FXRiseUP is quite demanding on margin. Therefore, we advise you to use the leverage of 1.500. The minimum required deposit for a conservative trading is $3,500, for a normal trading, it is $1,600. Lower leverage can be used on condition of trading with a reduced risk. For example, with a leverage of 1.100, you should use no more than 35% risk trading conservatively, and no more than 15% risk trading normally.
Purchase includes:
- 1 lifetime license
- Versions for MT4 and MT5
- User Manual
- Free updates
- 24/7 friendly support
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.
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full review
FXRiseUP Review
This new Forex robot review is about FXRiseUp EA. Designed to work on the MetaTrader 4 and 5 platforms, this robot uses the SAR (Stop and Reverse) indicator to identify trends and open and close trades accordingly. In this review, we'll examine the inner workings of the FXRiseUp EA, including its trading strategy, performance metrics, and customization options. By the end of this review, you'll better understand whether this robot is a good fit for your trading needs.
Basic information about FXRiseUP
- Price$259
- Currency pairEURUSD
- Number of real licenses1 license of the EA for any type of account
- SupportHigh-quality and friendly technical support 24/7
- Refund30-day full money-back guarantee
Conditions for trading:
- Minimal deposit amount$30
- Time frameH1
- TerminalMT4 and MT5
- BrokerAny
Live performance of FXRiseUP
The FXRiseUp EA performance can be analyzed based on its live trading account statistics available on Myfxbook, which started in January 2022 and has been trading for 15 months. During this period, the robot generated an impressive profit of 216.65% starting from an initial deposit of $9,000.
A closer look at the trading graph reveals that the FXRiseUp EA was able to execute trades without significant fixed drawdown or prolonged downward movements. As a result, the live account curves have shown consistent upward trends, with almost straight lines indicating steady growth over time. The FXRiseUp Forex robot's ability to deliver a profitable trading experience over an extended period is a testament to its trading strategy and risk management system. The EA's performance showcases a balanced approach to trading that seeks to minimize losses while maximizing profits.
EURUSD Normal
One of the factors contributing to the success of any Forex robot is backtesting, which assesses the system's potential trading results on historical quotes. The backtest for the FXRiseUp EA was conducted on the 1H timeframe using the every tick testing model, which is widely regarded as the most accurate method of backtesting based on all available least timeframes. This approach involves testing the system's performance by simulating trades based on each individual tick, thereby providing a comprehensive assessment of its efficacy.
The backtest's modeling quality is 90%, which is more than adequate for the FXRiseUp EA, given that it does not use a scalping strategy. This level of modeling quality underscores the reliability of the system's performance and its ability to generate profits for traders. The backtest was conducted over a period of 8 years, from 2015 to 2023, using historical quotes, providing enough data for a proper assessment of the system's performance. This extended period of testing enabled the system to adapt to various market conditions, providing a more accurate representation of its potential profitability.
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
Live trading of FXRiseUp EA commenced on the 2nd of January 2022, with an initial deposit of $1000 on the trading account. Subsequently, in June 2022, $8000 more was added to the account, thereby increasing the trading capital. FXRiseUp EA is an automated Forex trading system that trades using the EURUSD currency pair on a real live trading account.
Since the beginning of trading, the system has managed to grow the Myfxbook account by 110.90%, which is an impressive result for the Forex robot. The maximum monthly compound level of return achieved by the system stands at 8.05%, while the maximum floating drawdown level is at 17.98%. These results are indicative of the system's potential to generate substantial profits in the Forex market. Considering the system's high profitability and impressive performance, it is poised to become one of the most profitable Forex robots in the ForexStore.
Based on the figures recorded on real live accounts of the FXRiseUp EA, we are able to draw some assumptions about the potential future outcomes of utilizing this particular trading robot. Over the course of 15 months, the cumulative gain of this EA has reached an impressive 216%. In conjunction with this, the maximum fixed drawdown level has been recorded at 18%. These results indicate that the average profit to drawdown ratio level is almost 0.5:1 or 2:1 when flipped the other way around. While there may be trading robots on ForexStore that have achieved even higher levels of success, the results of FXRiseUp EA are nothing to scoff at. It is important to note that these results have been achieved through the usage of real live accounts, as opposed to simulations or backtesting.
With a cumulative gain of 216% and a maximum fixed drawdown of 18%, it is clear that FXRiseUp EA has been able to perform consistently and effectively over a prolonged period of time. These results should be taken as an indication of the EA's potential for future profitability, although it should be noted that past performance is not always indicative of future results. Overall, while these results are not the highest recorded for a trading robot on ForexStore, they are certainly impressive and indicate that FXRiseUp EA is a viable option for traders looking to maximize their profits while minimizing their risks.
Profitability and drawdown
Live trading of FXRiseUp EA commenced on the 2nd of January 2022, with an initial deposit of $1000 on the trading account. Subsequently, in June 2022, $8000 more was added to the account, thereby increasing the trading capital. FXRiseUp EA is an automated Forex trading system that trades using the EURUSD currency pair on a real live trading account.
Since the beginning of trading, the system has managed to grow the Myfxbook account by 110.90%, which is an impressive result for the Forex robot. The maximum monthly compound level of return achieved by the system stands at 8.05%, while the maximum floating drawdown level is at 17.98%. These results are indicative of the system's potential to generate substantial profits in the Forex market. Considering the system's high profitability and impressive performance, it is poised to become one of the most profitable Forex robots in the ForexStore.
Based on the figures recorded on real live accounts of the FXRiseUp EA, we are able to draw some assumptions about the potential future outcomes of utilizing this particular trading robot. Over the course of 15 months, the cumulative gain of this EA has reached an impressive 216%. In conjunction with this, the maximum fixed drawdown level has been recorded at 18%. These results indicate that the average profit to drawdown ratio level is almost 0.5:1 or 2:1 when flipped the other way around. While there may be trading robots on ForexStore that have achieved even higher levels of success, the results of FXRiseUp EA are nothing to scoff at. It is important to note that these results have been achieved through the usage of real live accounts, as opposed to simulations or backtesting.
With a cumulative gain of 216% and a maximum fixed drawdown of 18%, it is clear that FXRiseUp EA has been able to perform consistently and effectively over a prolonged period of time. These results should be taken as an indication of the EA's potential for future profitability, although it should be noted that past performance is not always indicative of future results. Overall, while these results are not the highest recorded for a trading robot on ForexStore, they are certainly impressive and indicate that FXRiseUp EA is a viable option for traders looking to maximize their profits while minimizing their risks.
Profitability and drawdown
Live trading of FXRiseUp EA commenced on the 2nd of January 2022, with an initial deposit of $1000 on the trading account. Subsequently, in June 2022, $8000 more was added to the account, thereby increasing the trading capital. FXRiseUp EA is an automated Forex trading system that trades using the EURUSD currency pair on a real live trading account.
Since the beginning of trading, the system has managed to grow the Myfxbook account by 110.90%, which is an impressive result for the Forex robot. The maximum monthly compound level of return achieved by the system stands at 8.05%, while the maximum floating drawdown level is at 17.98%. These results are indicative of the system's potential to generate substantial profits in the Forex market. Considering the system's high profitability and impressive performance, it is poised to become one of the most profitable Forex robots in the ForexStore.
Based on the figures recorded on real live accounts of the FXRiseUp EA, we are able to draw some assumptions about the potential future outcomes of utilizing this particular trading robot. Over the course of 15 months, the cumulative gain of this EA has reached an impressive 216%. In conjunction with this, the maximum fixed drawdown level has been recorded at 18%. These results indicate that the average profit to drawdown ratio level is almost 0.5:1 or 2:1 when flipped the other way around. While there may be trading robots on ForexStore that have achieved even higher levels of success, the results of FXRiseUp EA are nothing to scoff at. It is important to note that these results have been achieved through the usage of real live accounts, as opposed to simulations or backtesting.
With a cumulative gain of 216% and a maximum fixed drawdown of 18%, it is clear that FXRiseUp EA has been able to perform consistently and effectively over a prolonged period of time. These results should be taken as an indication of the EA's potential for future profitability, although it should be noted that past performance is not always indicative of future results. Overall, while these results are not the highest recorded for a trading robot on ForexStore, they are certainly impressive and indicate that FXRiseUp EA is a viable option for traders looking to maximize their profits while minimizing their risks.
Final marks
So let’s finish this review by giving appropriate assessments to the FXRiseUP based on the analysis of its work, statistics, and other factors
Price VS Quality
Profitability / Drawdown
Statistics duration
Backtests
Authors’ rating
AVERAGE
As previously stated, the FXRiseUp EA satisfies all the necessary criteria and possesses all the essential characteristics of a top-notch Forex robot. Despite this, the cost of the robot remains reasonable. Therefore, the FXRiseUp EA has been awarded a maximum rating of 5 out of 5 stars in this regard.
The EA has achieved average profit-to-drawdown ratios of 0.5:1. While this result is commendable and would meet the expectations of most traders, it does not measure up to the highest levels attained by other Forex robots that are considered to be the best. Hence, the EA is awarded a rating of 4 out of a possible maximum.
The system has obtained all the necessary statistics and backtests, providing additional confidence in its trading capabilities. With 15 months of actual trading data and a maximum of 8 years of backtesting, the robot has exceeded the minimum requirement, meriting a 5 out of 5-star rating in these two aspects.
Regarding my opinion of this trading system, I hold a favorable and optimistic view. The FXRiseUp EA has demonstrated its strength as a successful contender in the market, offering a diverse range of trading strategies while maintaining a strong focus on security and resilience. I have awarded the system a rating of 4.5 out of 5 stars. However, it should be noted that the system utilizes the Martingale strategy as its primary winning algorithm, which in certain situations may pose a risk. Nonetheless, the system has proven its ability to manage this strategy effectively.
At the moment of writing the review, the automated rating system of the ForexStore rated FXRiseUp EA with 9 points out of 10 which is in my opinion is a well-deserved mark. This Forex robot deserves the mark because the system is profitable and reliable at the same time. I hope this helps you, traders! I wish you profitable trading and luck on the market!