In this post I will be reviewing the very innovative Perceptrader AI forex robot that utilises artificial intelligence to automatically scan trading instruments in the MetaTrader 4 and MetaTrader 5 platform for trading signals. When the unique trading algorithm finds an opportunity, it can place and manage trades on behalf of the user. This makes the Perceptrader AI EA a popular choice amongst those who may not have the time or knowledge to trade manually but want to take advantage of the potentially lucrative forex market.
In this Perceptrader AI review, I will be taking a closer look at some of the most important things that you need to consider before using any forex expert advisor. This includes the trading strategy that it utilises, customisable settings, key features, historical backtests and most importantly, any real live verified account results showing how well the Perceptrader AI robot has performed.
Before we get started, it is worth mentioning that this is another forex robot from the very talented Valeriia Mishchenko. She has a collection of top performing forex EA’s which you can get from her own website “Valery Trading”. I have reviewed some of her other forex robots including the Waka Waka EA, News Catcher Pro EA, Evening Scalper Pro EA, Night Hunter Pro EA and the Golden Pickaxe EA.
Perceptrader AI Trading Strategy
One of the first things that you are going to want to consider when looking at a forex robot is the trading strategy that it uses. This is to make sure that it fits within your own trading style and risk preferences. I must say, I am really impressed by the Perceptrader AI trading system as it is unlike any other trading robot which I have previously reviewed, and that is amongst thousands.
With the ever increasing interest and excitement around artificial intelligence and the ways in which we can implement it into our daily lives and trading routines, it is great to see Valery Trading be one of the first forex programmers to take the initiative and bring an AI forex robot into the market that is already crowded with developers that are not bringing anything new to the table.
That being said, the Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyse huge amounts of market data at a high speed and apply mathematical analysis to predict where prices are heading and detect high-potential trading opportunities to exploit.
It is built upon the long-term proven trading strategy of the extremely successful Waka Waka EA, and seamlessly integrates with ChatGPT and Google’s Bard for accurate forecasts, empowering traders with intelligent decision-making capabilities. This is unlike anything you will find elsewhere and is setting a new standard for innovation when it comes to automated trading with forex expert advisors.
The Artificial Neural Networks (ANN), allows the Perceptrader AI expert advisor to rely on training data to learn and improve their accuracy over time, based on past asset prices, trading volumes, and different technical indicators, making it a potentially extremely powerful tool for financial trading.
Supported currency pairs: NZD/USD, USD/CAD, AUD/CAD, AUD/NZD, NZD/CAD, GBP/CHF
Recommended time frame: 5-Minute Charts
As you can see from the above, the Perceptrader AI EA trades a good selection of currencies, including major currency pairs and other cross currencies. This means that there is always ample opportunity for trades which should satisfy those of you who like frequent trading activity.
Although the software has been designed specifically to trade the aforementioned currency pairs, you can in theory use it on any trading instruments that you wish. If you are interested in experimenting with the Perceptrader AI settings and instruments, you could always run some optimizations in the MetaTrader strategy tester to find suitable combinations for testing. Otherwise, the Perceptrader AI expert advisor is ready to use right out of the box which makes it suitable for traders of all experience levels.
In terms of timeframe, the Perceptrader AI robot runs on the 5-minute charts. This again means that there are plenty of trade setups throughout the day although the built-in trading algorithm will only select those with the highest probability. There are various filters implemented to try and avoid taking trades with a low chance of success.
The Perceptrader AI forex robot comes with different built-in risk settings for any risk appetite. Ranging from low to significant risk, you will be able to configure your EA in a way that you always maintain control over your invested capital. Logically, the higher the risk, the higher the potential rewards. You should only ever trade with what you feel comfortable with and there is a free Perceptrader AI demo version if you want to give it a try before making any commitment.
How to use the Perceptrader AI EA?
In order to use the Perceptrader AI forex robot, you will need a trading account with a forex broker. With so many forex brokers to choose from nowadays, it can seem very difficult to find a suitable option. If you are new to forex trading online and looking for some ideas, please feel free to browse my best forex brokers for some inspiration along the way.
IC Markets are my top choice of forex broker for manual and automated trading strategies, including the Perceptrader AI expert advisor. This is because I find them to have tight spreads, low commission fees and plenty of liquidity which means that you can get your trades executed at some of the best forex market prices at all times. From my experience, they also provide excellent 24/7 customer support and have a good variety of convenient account funding options for you to choose from.
Once you have a forex trading account with a suitable broker, you can follow the step by step instructions provided to setup the Perceptrader AI robot on your charts in the MetaTrader 4 or MetaTrader 5 platforms. From then on, the trading software will continuously scan the markets looking for trading signals. When it finds a high probability trade according to the built-in algorithm, it can place and manage trades on behalf of the user. This makes it a completely hands-free trading solution.
You just need to keep your trading platform up and running for it to work. If this is not always feasible for whatever reason, you could always consider a forex VPS which would allow you to run multiple instances of the MetaTrader platform 24/7 without needing your own machine switched on. This makes them a popular choice amongst forex traders who are testing various forex robots across multiple trading accounts. There are even some forex brokers with a free VPS if you shop around whilst you can get a free Valery VPS for 6 months when purchasing the Perceptrader AI EA.
Perceptrader AI Forex Robot Features
The Perceptrader AI has an abundance of settings that are available as external inputs for the user to adjust. Granted, you can just use it as is but everything is there for those of you who wish to experiment and perhaps create your own set files on your preferred currency pairs and timeframes. Amongst the plethora of settings, you will find money management, trading hours, trading days, strategy setup and much more. If you want to use the Perceptrader AI to pass a funded account challenge with a forex prop firm, there are all of the key features you need including maximum drawdown, hedging, maximum positions and everything else you would expect from a prop firm EA.
- Powered by Artificial Intelligence technology:
- Machine learning/deep learning/Perceptron
- Integrated with large language models (LLMs): ChatGPT/Bard algorithm allows to skip trading in case of a higher probability of significant trending movements. It should also make the system safer in a smart way
- Utilizes and allows to train Neural Networks
- Utilizes price prediction models, mathematical computing, and big data
- Based on Waka Waka’s proven strategy: it has a similar trading logic but utilizes AI to add extra layers of filtering for high-potential profit trades
- It incorporates the latest AI technology, but the underlying EA has been in development for years before its release
- Has been in profit for 48 consecutive months, which can be verified both on Myfxbook and MQL5 live signal. Please note that past performance is by no means any guarantee of what will happen in the future)
- The Perceptrader AI EA has an innovative feature called “Unique trades” which means that it gives unique trades every time each trader runs the software, therefore no trader gets the exact same trades. That allows it not to have problems that some forex robots might have, where a lot of people use it, and the performance is impacted as a result.
- 14 days free trials, 30 days money back guarantee, free Valery VPS for 6 months when purchasing, Telegram community with hundreds of members, profit calculator available on the website, 20 years of high-quality backtesting data available
Perceptrader AI EA Backtesting
Backtesting is a great way to see how a particular forex robot may have performed based on historical data. Whilst results are never going to be 100% as backtesting cannot account for factors such as liquidity and slippage, it can still give us a rough idea of how a forex EA works.
I am pleased to say that Perceptrader AI backtests are up there with the very best you will find. You can see in the table below that they have been conducted using high quality test conditions including real tick data over a 13-year period. A delay has even been included to account for slippage which is not something many developers would include.
Although these are backtests, I think the performance is very impressive. The average profit factor is north of 2.0 whilst the drawdown would be more than acceptable for my taste. The returns over such a long period of time are consistent which is a testament to the implemented trading strategy. Again, just keep in mind that these are back tests and no guarantees of results moving forward.
Perceptrader AI Expert Advisor Results
Now, we get to the good stuff! The main thing that most traders will look for when it comes to buying a forex robot, are real live verified account results. With a forex trading software that has such a complex strategy and backtests included, it is only obvious that there are also a range of Perceptrader AI results for you to get an idea of how it has been performing during recent market conditions.
Perceptrader AI Conclusion
I am super impressed with the Perceptrader AI EA and the effort that Valery Trading have put into making it one of the stand-out forex robots available in the market today. It really is unlike any other forex EA I have reviewed or tested recently, utilising the latest trading technology that we have at our disposal. The Perceptrader AI robot is backed up by very impressive backtests and real live verified results to give you an idea of how it trades and recent performance statistics. You can even use it to pass prop firm challenges if you wish.
The software comes with pre-optimised set files and plenty of helpful information to help you get setup and understand how it works, making it suitable for trades of all experience levels. You will also get the excellent support from Valery Trading and a money back guarantee if you are unhappy for any reason. The Valery Trading website does have a great collection of leading forex EA’s that you should certainly checkout if you haven’t already. You will also find lots of positive feedback from existing customers which is a testament to the quality of service that they provide.
- Unique Artificial Intelligence Forex EA
- Machine Learning Trading Algorithm
- 10 MetaTrader 4 or 5 Accounts
- Real Live Verified Results
- Top Quality Backtests
- Multiple Currency Pairs
- Strategy & Risk Management Guide
- Free VPS & Updates
- Excellent Support
- Money Back Guarantee
- Not The Cheapest
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.