Лаборатория Лепрекон Форекс

Leprechaun is a robot that was activated times and was demo downloaded times. The developer is Aleksei Zaitsev. He published the robot on September 1, The last version of the system () was released on September 23,

Leprechaun Strategies and Tests

The Leprechaun’s presentation is not informative enough. We have gathered all the important intel in this list:

• Leprechaun executes orders fully automatically for us.
• The system is designed based on the Grid strategy.
• It follows trend moves of the market.
• If changing direction occurs it executes “reverses the balance of trading positions in the trend direction and closes the whole grid of orders is a plus.”
• So, there’s a Hedge trading with increased Lots.
• The system focuses on opening orders mostly during the American trading session.
• It tries to close orders on the same day.
• The robot can use Martingale to recover after losses.
• A grid strategy requires the market to be in high volatility.
• The robot doesn’t require data from MT4 indicators.
• We can give it a try to trade other symbols but without settings provided.
• The system is not designed for trading during calm periods.
• The robot executes orders on Gold on the H1 time frame.
• The balance should be $ or higher.
• We are free to use a broker house to create an account.
• The robot requires low spreads to be profitable.

We have a single XAU/USD backtest on the M5 time frame. It’s weird because the developer mentions the H1 time frame. The spreads were set at 50 pips. The period of data is from June to September The initial deposit was set at $10, The total net profit has become $5, The Profit Factor was only It’s a mediocre number for a paid advisor. Leprechaun has traded deals. The maximal drawdown was %. The win rate is scam-like too. The win rate for Shorts was only % when Longs was %. From the chart, we can see that in a short period, the robot has lost = pips.

Leprechaun Live Trading Account Review

Leprechaun was set to trade on a real $15, USD account on a WELTRADE broker. It works automatically with leverage on the MetaTrader 4 platform. The account has a verified track record. It was created on October 12, Since then, the absolute gain has become +%. An average monthly gain is +%. The maximum drawdown is %. It’s a significant drawdown. More than 20% is risky because there can be a Margin Call and Stop Out soon. Nine people check the account trading results.

There were deals traded with 53, pips. An average win is pips when an average loss is twice higher pips. The robot traded Lots. The win rate is 68% for Longs and 64% for Shorts. An average trade length is three days. The Profit Factor is It’s a low number for a Grid robot. An average Profit Factor for this type of EA is

Only the Long direction is profitable &#; $78, The Short direction has brought -$32, of losses.

The active trading starts from 3 p.m. until the end of the American trading session.

The most frequently traded day is Monday ( deals).

The system trades with high risk to the balance. Even with high-risk trading, the robot can’t provide solid monthly profits.

The robot works with nineteen Grid orders using Hedging at the same time. One wrong move and the robot can zero the account.

We may see open orders that the system tries to close in a profit.

As we may notice, the robot works with high risks but low profits. There’s something wrong with it.

Pricing

The offer has changed from $49 to $ and then to $ It’s so ridiculous to see that way of price forming. Anyway, the system costs $33 for a lifetime digital copy. There are no rental options at all. The deal isn’t supported by a money-back guarantee. We can download a system for demo purposes.

Is Leprechaun a scam?

No, it’s not. The system is not a scam, but it is a risky trading solution.

People feedback

There have been no updates since January 20, We don’t know how the system works on the people’s accounts right now.

The single negative comment mentioned that the developer could be a scammer.

Leprechaun works with Gold trading all day but focuses on the American trading session. There are many risky strategies that are sewed in the system. If something went wrong, the robot would lose a significant amount of deposit funds at once. So, using it is not acceptable for many traders. Trading results showed that even trading with high risks doesn’t turn into big profits.