I Tested the Best Free Trading Robot with $1000 (MQL5 Market) – Did It Profit?

[00:03] real trading account and use the best free trading robot available on the available on the market to see if we can make some profits. The plan is ready. I have $1000 in a real trading account. Let's go and get a

[00:18] free trading robot and see if we can double the money. But first, hit the like button, subscribe to the channel, and join our Telegram group where they send successful trading signals every day. The link is in the description. Now that you've done that,

[00:33] let's open the website here and start searching. You can see here that we're on the MQL5 market. There's a variety of free trading robots on this site, and there are many options to showcase, from different trading strategies and methods to profiting

[00:49] using a free trading robot. But there's no reason to look any further than the top-rated system here, which is Dark Venus. So let's take a look at this robot. Currently, this is a scalping robot that uses a high operating frequency. You can see in this image how it

[01:06] opens and closes trades very quickly. We're talking about small market movements where the robot... By trading on accounts and accumulating a few points each time to grow the account, you can see here that there are 363 reviews, and most of these reviews are very positive.

[01:24] Look at this review here: It was tested on a demo account and works here: It was tested on a demo account and works great. Thank you very much. Excellent trading robot, and it still works on the best settings. The only negative review is the one at the bottom here, which

[01:39] says this is very bad and trend trading. I may have lost all my money. This person is telling us that the robot is not good in one-way market conditions and that he lost his account because of that. I will ignore this single negative review because all the other reviews are positive.

[02:01] always take a risk, so let me set up the Dark Venus robot now and then take you to my trading account. Here we are in my real trading account. As you can see here, I have deposited $1000 into this account and I have already made a number of trades that brought

[02:17] me about $6 in the first few hours since setting up the account. I will show you the complete trading results throughout this journey and even show you my verified account on MyFXBook so you can see that These trades have already been executed. At the top of the chart, you'll see that

[02:32] I'm trading the EUR/ USD pair on a 1-minute timeframe. The reason I chose to trade the EUR/ USD is that I want the lowest possible spread. When you scalp, you need a very low spread

[02:46] because the take-profit and stop-loss levels are very tight. Let's take a look at the robot's settings. Let me go to the Expert Advisor's properties here, and these are all the settings. It's crazy that they have this many settings! From a quick glance at the

[03:00] settings, we can see that this strategy uses the Bollinger Bands indicator as a basis for determining when the robot should buy and when it should sell. Now I can step away for a few days while the robot trades in my account. I'll come back and show you the

[03:22] now. It's been about a week. Let's open my MyFXBook account and see how the results were. As you can see here, the total profit is 13.24. I started on June 3rd, and now we're

[03:36] in July. If you follow the line to the end here, you can see that I made to the end here, you can see that I made $132. A $1000 deposit so far is very good, with a decrease of only 1.68 pips, which is great so far. Let's

[03:52] scroll down and look at some more advanced statistics. This week advanced statistics. This week we executed 118 trades, so the Venus Scrubber Dark robot is doing a lot of trading. You can see the profitability: it won 77% of those 118

[04:07] see the profitability: it won 77% of those 118 trades. The average profit is six pips, and the average loss is 9.5 pips, so the risk-to-reward ratio is good. The average trade duration was 1 hour and 47 minutes. If we scroll down further, you can see the trade history. There are a large number

[04:23] of trades here that made five pips in nine minutes, five pips in one minute, five pips in 20 minutes. This is what average trading looks like. Sometimes you make 16 pips or

[04:35] Sometimes you make 16 pips or 11 pips, and other times you lose 16 pips. My favorite trade of all was this big trade here, which brought me $12. Let's open You want to see here and take a look at the trade. This is exactly what happened. It's a

[04:50] really great trade by the Dark Venus robot. You can see here that I reached You can see here that I reached my take-profit point and won 30.5 pips. This is in a pattern very similar to what I usually trade. You can see here that we have a U-shaped pattern, and a

[05:05] You can see here that we have a U-shaped pattern, and a U-shaped pattern appears and is broken at this level, and this trade actually opens. This is very similar to the liquidity exploitation strategy that I use every day in my room, where I give three to four trading signals

[05:19] to my total. We've had five positive months in a row, so you might want to check that out while you wait for the final result because it's time to step away again. Brother Saud will be back in two weeks to update the

[05:32] trading results. Let's go back to the trading results up to July 1st. We were doing well as we had made $130. Let's open the chart and show you what happened next. As you can see here, the robot was working very well during this period up to July 4th, and

[05:49] then we started to see a trend. A big market downturn starting on July 5th. You can see that the market has plummeted significantly. The worst-case scenario here is that the robot decides to buy at this point, and it would be even worse if the robot decided to

[06:04] point, and it would be even worse if the robot decided to buy here, here, here, and here. And imagine what the robot did! It bought at all of these points and blew up my entire account. Let's look at my MyFXBook account. We were doing well until July 4th. The

[06:19] robot gave us a happy Independence Day and then completely wrecked the account. I lost my $1,000. Let's scroll down. Forget the advanced statistics; who cares about them? I just want to see what happened. Look at all these buy trades that

[06:36] happened. Look at all these buy trades that ended in a loss: buy, buy, buy, buy, lose. Maybe we should have listened to that person who said this robot is bad in trending market conditions because it really is very bad in those conditions. This is a big downtrend here, a

[06:52] downtrend of about 150 pips. The robot bought every time it dipped and wiped out my entire account. bought every time it dipped and wiped out my entire account. free Forex robot on the market? Of course not. If you Want a free Forex robot? There's a link in the

[07:09] description. I have three or four of these robots; they're good for testing, but I don't really use them on live trading accounts. If you're looking to trade on live accounts using a Forex robot, check out the Forex Fury robot. This is the Forex

[07:24] Fury website; here you can see live and reliable trading results. Let's take a look at this trading account. This is a reliable trading account that achieved a achieved a 108% increase and $4,000 in profits on a

[07:39] $37,000 deposit using the Forex Fury expert advisor. This account executed 46 Forex Fury expert advisor. This account executed 46 trades and won 96% of them. We're talking win after win after win, and that's exactly what you want to see from a Forex trading robot, unlike Dark

[07:55] Venus, which is the opposite of what you want to see from a Forex robot, whether paid or free. I give this robot an F rating because it bankrupted my account. I followed the rules, and even if this

[08:07] robot had a holiday filter, it would have done the same thing because trading went well from July 4th, which was a holiday, and all the losses It happened on July 5th, which completely blew up my trading account. Now, if you're interested in personal trading, join my

[08:22] VIP trading room. We've just had another positive month, and this is our fifth consecutive positive month. Some of these months have seen increases of over 20 %, which is amazing. If you liked this video, just hit the

[08:37] like button. Maybe watch this video here or watch this video there. The robot didn't work, watch this video there. The robot didn't work, but I'll be back next week. All but I'll be back next week. All love.