Elite CurrenSea is launching a new and 100% fully automated trading system. The expert advisor, called Zeus EA, offers a high win rate, decent profitability, and a medium draw-down.
Zeus expert advisor (EA) will already be available from July 2020 onward. Make sure to join the live webinar on Tuesday 13 July 2020 to get a full overview of its performance.
The article will explain more about the Zeus EA, the performance statistics, the strategy itself, and how it compares to other trading systems such as SWAT, CAMMACD, and Ultima EA.
Elite CurrenSea has created the Zeus EA together with its strategy partner Trade Like a God. The EA has been traded with a live account for more than one full year (!).
Performance stats – account 1 from June 2019 (as of 30 June 2020):
Performance stats – account 2 from April 2020 (as of 30 June 2020):
Traders can follow the Zeus EA performance via two myfxbook links:
The Zeus EA manages to earn a very decent profit (+95 to +205%) while keeping the draw-down at a moderate level (13% to 46%). The profit versus draw-down ratio exceeds a factor of 4-7x.
Keep in mind that Forex trading is not only about maximizing your gains, but also about reducing your risk and exposure. Let’s compare the Zeus performance with a hypothetical example:
As some of our followers know, this is the 3rd EA that Elite CurrenSea (ECS) is offering in the Forex market:
The Zeus EA is based on mathematical formulas for entering and exiting. It is not a strategy that relies on the art and science of technical analysis.
That said, the Zeus EA does use one technical indicator within its trading system: the RSI (relative strength index). It is used for understanding where the chart could expect a U-turn.
The EA makes a calculation when to open the next trade and automatically moves the profit in order to close the entire series of traders in positive territory. The strategy does not use a stop loss, which is an unusual style for us at ECS, but rather works with market exits that are based on math. Therefore, the risk is not calculated in the usual way either, but rather based on lot sizes and leverage calculations. The results speak for themselves.
Zeus EA only trades the EUR/USD currency pair on the 5 minute chart. The EA works on other pairs too, but we recommend using the EUR/USD only. The main reason is because the currency pair passed all of the tests and checks. Everything worked well.
The system is an intraday scalping approach on the 5 minute chart on the EUR/USD.
The Zeus EA is now available for a one time payment of €499. There is one condition: you must open an account via our ECS link with our partner broker, Key-to-Markets. This price includes a life-time access to the EA.
Zeus EA is a classical EA which means that you need to install it on your MetaTrader 4 (MT4) platform. A VPS (virtual private server) is preferred because the EA needs to run continuously. If you need help with choosing a VPS service, then we can advise you or help offer you our own (€500/year) but this would require you sharing an MT4 account password.
The Zeus EA is also available via the non-sponsored version for €1,399 per year (not life-time). It does come with a VPS and the EA is not tied to any broker.
So the main 2 options are:
Why is option 1 cheaper? The lower pricing is based on the fact that the EA does a handsome volume for a broker and ECS in rebates (spread will be 2.5 pips on EUR/USD). Due to low historical drawdowns, the EA can run for a long time. The rebates are used by ECS for R&D, maintenance, promotion and support.
Please keep in mind: the EA is not available via the profit share model like with Ultima EA.Currently, the EA is only available via the MT4 platform.
The equity curve of Zeus EA is not so volatile. It offers traders a more or less even path upwards. The Zeus EA is characterized by a slow yet steady account growth.
Traders should not expect massive leaps ahead but on the flip side, the EA remains constant month in and day out.
What’s better for you? In our view, building a portfolio in your trading approach is the best way to go. How much a trader places on each automated or manual system will highly depend on the availability of their time and their risk appetite.
There will be a live webinar on Tuesday 13 July 2020 at 5pm CEST – 3pm GMT.
We welcome everyone to join the live event to learn more about Zeus EA and its advantages. You will receive a full overview of the performance and statistics. Plus you will be able to ask all of the questions to our team.
Ps. a recording will be available via our ECS YouTube channel.