NinjaTrainer (AUTO TRADE by myfxbook) Review
- Available by copy trading
- Scalping system in Asian sessions
- Recent results are not good
Basic information of Ninja Trainer
Ninja Trainer is a hot account on myfxbook.
The basic strategy is scalping in Asian sessions.
This is not a manual trade. It is a system trade. However, EA is not for sale.
Instead, it can be used by the copy trading service “AUTOTRADE” provided by myfxbook.
Evaluation of profitability and drawdown
Broker: Alpari RU (real account)
Start of operation: 2015/8/25
The two years from the start of operation in August 2015 to July 2017 showed excellent performance.
However, it has been stagnant since then.
Trading Method Analysis-Entry
As I mentioned at the beginning, Ninja Trainer is a scalping EA at the Asian session.
Entry will be made between 22:00 and 0:00 of MT4 server time (GMT + 2/3) and the position will be closed in a few hours.
It rarely holds a position for a few days.
The image below shows the transaction history of Ninja Trainer on the MT4 chart.
■ EURGBP 30M White = BUY Red = SELL
In the chart above, you can see that the entry is short-term contrarian.
Trading Method Analysis-Exit
Take profit is about 10 to 15 pips.
On the other hand, the stop loss varies depending on the situation.
The position may be closed at around 10 pips, or a large loss of around 80 pips may occur.
Large losses can occur and the steadily accumulated profits can be blown away in an instant.
Currency pair
Ninja Trainer trades relatively minor currency pairs.
There are many transactions in pairs that include GBP such as GBPCAD, GBPAUD, GBPUSD.
■ Number of transactions by currency pair (as of October 13, 2020)
| Currency pair | Number of transactions | Pips |
| GBPCAD | 544 | 1145 |
| USDCAD | 333 | 852.3 |
| GBPAUD | 330 | 278.1 |
| GBPUSD | 229 | 113 |
| EURCHF | 132 | 272.4 |
| EURGBP | 132 | 358.1 |
| USDJPY | 80 | 87.2 |
| GBPCHF | 56 | 67.5 |
| USDCHF | 45 | -108.8 |
| AUDCHF | 16 | -71.3 |
| EURAUD | 16 | 41.6 |
Precautions for use
Ninja Trainer can be used by copy trading.
In “AUTO TRADE”, select the broker you want to use and copy the trade to that broker’s account.
Results may vary depending on the broker you use.
Since its trading style is scalping, it may differ significantly from the published results.
Summary of NinjaTrainer (AUTO TRADE)
It has been very successful for about two years since it went into operation.
However, the balance has not increased at all recently.
The system has attracted a lot of attention as before, but since the expected profit is small, I think there is no particular merit in using it.
