Sun EA is a popular Forex robot designed by Arthur Hatchiguian. It was first published 21 December, 2021 and was last updated to version 1.8 on 18 August, 2022. The EA has over 2011 demo downloaded and allows for 10 activations.
About Sun EA
The expert advisor Sun was designed for specific currency pairs – each of the expert adviser works for a particular pair.
Here are Sun EURUSD, Sun USDCAD, Sun USDJPY and Sun USDCHF – they all have the same software but use different patterns, so it is not recommended to use it elsewhere.
Sun EA EURUSD works works only on MT5 platform, recommended timeframe is M1. Sun requires a hedge account with leverage of 1:500.
Sun EA Software
The EURUSD Sun costs about $999 purchase. Other rental options are 1 month ($49), 2 months ($129), yearly ($998).
The robot comes with notable inputs, settings, risk management and updates. It uses a combination of grid and martingale methods in an aggressive way. The Sun settings allows you to set the initial lot size for a trade.
There is a signals page that works with the Sun EURUSD. The result statistics shows a total profit of 64% with maximum drawdown of 41%. The robot shows a total win rate of 79.9% over a total trade of 268. Best trades is 28.36EUR while the worst trade is -18.54 EUR.
How it works
Sun EA is a program that will automate Forex trades. It’s like putting a plane on auto pilot. Traders can sleep through the night calmly knowing that their trades will be placed exactly at the times they designated.
Forex robots are run based on automated mathematical algorithms, not taking into account things like market conditions that vary with political issues, weather and other factors.
The inconsistency of the market is impossible to program into a robot, and therefore the results of Sun EA are inconsistent as well.
Conclusion
Sun EA is a scalper Forex robot that makes use of high risk trading methods like grid and martingale. There are a lot of settings and inputs available for risk management.
A high drawdown percentage is not a good thing for the robot at the moment.
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Sun Expert Advisor (EURUSD)
$999
Pros
- Transparent vendor
- Settings
- Strategy insight
Cons
- High pricing
- High drawdown
- MT5 only
- Not beginner friendly