Review of the Gagarin EA Forex Advisor
Gagarin EA is an automatic forex advisor designed to work with small deposits on non-cent accounts. Unlike many similar programs, “Gagarin EA” is a paid product that does not use averaging or Martingale strategies. The software comes with predefined settings.
Characteristics and Features of Operation
The advisor is based on three indicators: ZigZag, HalfTrend, Stochastic. Developers have addressed the issue of repainting the “ZigZag” indicator to improve results.
Key features of Gagarin EA include:
- When the market trend changes, trades are closed promptly without delays, anticipating favorable outcomes,
- Avoidance of scalping strategy to eliminate high risks when working with small deposits. Short-term trades leading to complete loss of available funds are avoided,
- Trading is done with pending orders that define market entry,
- Automatic calculation of stake size based on deposit size.
Technical Parameters of the Advisor
The advisor operates on the trading platform of any exchange or broker, covering 70 currency pairs (such as EUR/USD, GBP/USD, USD/JPY), requiring a minimum deposit of $200 (can work with $100 but increases drawdown). Monthly profitability ranges from 20 to 50%, order time is H1 with irregular trade openings. The advisor is available only on a paid basis and has no demo version.
Installation and Configuration of the Advisor
The advisor is provided in *.ex4 format and requires the purchase of corresponding Lite or PRO subscriptions. The number of currency pairs, updates, and functionalities differ in these versions. Installation is done on Metatrader 4 by copying the *.ex4 file to the Experts folder of the trading terminal. Standard advisor installation procedures must be followed.
Results and User Feedback
According to developers, the advisor can increase a deposit by 32 times over 5 years. Lack of a demo version makes it impossible to freely evaluate effectiveness. Performance indicators of the advisor show positive results.
User feedback varies but generally indicates interest in the product and positive outcomes from its use.
Summary
To assess the effectiveness and potential risks of using Gagarin EA, one must consider the pros and cons of this advisor. Among the advantages are:
- Absence of risky strategies like averaging and Martingale,
- Possibility to work with small deposits,
- Wide selection of currency pairs,
- Quality technical support,
- Effective pre-settings,
- Positive user feedback on advisor performance.
Disadvantages include the paid basis, lack of a demo version, and time requirement for achieving effects.
Despite traders’ interest in the product, its performance and potential necessitate further study and testing.
Author: Lada Moroshkina
I had an extremely disappointing experience with Gagarin EA Forex Advisor. Their service was not up to the required standards. The trading signals provided were inaccurate most of the time, resulting in significant losses. Also, the customer service was under par. My questions and concerns were largely ignored or answered without any real insight. Not to mention, the platform frequently experienced technical difficulties which greatly affected my trading activity. Overall, their service feels entirely mismanaged and I certainly do not recommend the Gagarin EA Forex Advisor to any serious trader.