iProfit Forex Robot (MT4 EA) : The World's Most Successful Neural Network Strategy

During the financial crisis of 2008/2009, the VIX index went above 50 signalling the start of the market meltdown – The new volatile price action lasted for about two years after the start of the crisis.

iProfit is known to perform well in volatile conditions and had gained about 5000 pips between 2009-2010. In the above chart, the projected period of 2020 to 2022 uses the data and performance seen in 2008/2010 to provide an idea of what the future performance may look like (Of course there is no guarantee it will be a repeat of past performance).

The current market condition is a health disaster – much worse that the financial sector meltdown seen earlier – the market uncertainty and volatility is expected to remain elevated for a much longer period since a lot of sectors are affected due to this pandemic. In addition to this, major events like US elections, Brexit and trade deals will provide iProfit with good opportunities to trade.

After the initial shock of COVID, the world is adopting to the “New Normal”. Economies around the world will begin to emerge from the damage brought about by the pandemic – as always, we will all come out stronger.

Phibase team views such events as a real time test of the efficacy and profitability of its strategies. iProfit Forex Robot has completed seven years in live trading and in the process is proving to be one of the most robust/reliable automated trading systems available commercially. In fact, to the best of our knowledge, iProfit is the only commercially available neural network or AI based system with has a verified track record. We are happy to present the following report on iProfit’s current and potential future performance.

The latest iProfit Forex Robot V3 which was released in Sept 2019 has been performing inline with our expectations. iProfit’s neural network modeled on a short learning period of 52 hours has been an ideal strategy for Forex trading. This is especially evident in conditions where large fund flows/reallocation between currencies are shifting swiftly within the day. Clearly from iProfit Forex Robot back-tests it is evident that the high volatility periods and price action post such major economic events are best suited for the strategy with gains of over 5000 pips seen in Oct 2008- 2009 period. At other periods, iProfit had been gaining consistently between 700 to 1500 pips even during the low volatility periods seen between 2013 to 2016.

While live trading on real money accounts are the most reliable form of strategy analysis, strategy tests are equally important. It is quite easy for a strategy to be successful in real trading for three months, six months or maybe even one or two years. But there is no guarantee or information about the actual drawdown the strategy may see in future or when price action goes against it. This will lead to setting risk levels which will be harmful to the account when drawdowns occur.

The strategy tests provides a clear indication of what to expect from trading the strategy over long term and across various price actions. Setting risk based on strategy tests is a good way to know what is normal drawdown and when the drawdown is considered going beyond acceptable range of the strategy. Strategy tests (when honest) can also help provide good information if the strategy can be traded even before it has generated enough live trading history – an approach which has proven very profitable for our long term members. Here you can actually see the gains in your account rather than watch the EA gain in the account you are tracking.

For making a decision to trade the strategy based on strategy tests requires good understanding about the drawdown ranges, trading style and setting the right risk for being able to trade comfortably. All this in addition to the trust you have on the vendor.

iProfit Forex Robot is one of the rare strategies which has an uninterrupted live trading history of almost six years. There have been no parameters or EA updates which makes it possible to compare live trades with back-test of same period. This is a great way to validate the strategy tests of longer periods. Read more about how to choose a good trading system.