Alexis Stenvall can be found on the MQL5 marketplace, we have provided a link to the expert advisor below. The expert advisor was first uploaded on the 31st of August 2019, it was subsequently updated a number of times and on the 11th of March 2020 the most recent version was uploaded, it is now on version 3.32.
Overview
Alexis Stenvall is an expert advisor for the MetaTrader 4 trading platform. The expert advisor is a piece of automated software that has been designed to profit from currency fluctuations, it is fully automated and will analyze the markets and trade at the same time.
The expert advisor does not use dangerous strategies such as martingale or grid, all trades have a stop loss attached to it to reduce risks.
The recommended settings for the expert advisor:
- Account type: Hedging
- Leverage: Any
- Speed of execution: No matter – the holding time is 1 to 4 hours
- The currency of account: Any – default settings for USD or EUR
- Compatibility with other EA: Yes
- VPS: Not needed
- Minimum deposit: 100 USD
The expert advisor also comes with a number of parameters and settings that will be explained to you within the manual when purchasing or renting it.
Service Cost
The expert advisor is quite an expensive one, to purchase it outright it will cost you $1,800, this version has no limitations and gives you unlimited access. There are also some options to rent it, you can rent it on a monthly basis for $99 per month, you can also rent it for three months which will cost you $250, for six months it will cost $480 and for one year it will cost you $900.
There is also a free demo version available, we are not sure on what the limitations are, as they are not mentioned on the site, we just know that it will have some, it could be worth downloading the free version to test it out before making a purchase or rental.
Conclusion
7 reviews that are currently giving the expert advisor and overall rating of 4.5 out of 5.
“I have tested this EA in a demo account for a week and put it in a real trading account. This EA has been giving me profits. My trades are different from ASI live signal, maybe it different brokers. Gennady has been patient and helpful in answering my questions.“ – A 5-star review.
“Good EA with stable performance and low DD. The Backtest results are very promising. The author is very friendly and helpful too. Will update the results in the future.” – A 5-star review.
“Can lead to big DD” – A 2-star review.
So the majority of the reviews ar every positive giving it a majority of 5 out of 5 ratings. There are a lot of comments, the developer has been replying to the majority of them which shows that they are still supporting the expert advisor. Due to its high price, we would suggest trying out the demo and also asking any questions to the developer so you can be sure that it is the right expert advisor for you before you make such a large purchase or rental.
This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/40865
One reply on “Alexis Stenvall Investment (ASI) Automated EA Review”
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