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IPRO Zar EA

3.31

ATTENTIONSince 30.11.2022 the strategy has been revised from scratch - therefore a completely new strategy.


It took us over a year to finally come up with a reasonable strategy, since the old one didn't work. We apologize for this long delay.

MT5 Version: IPRO Zar MT5

Live Signals: 

IPRO Zar 150 multi

IPRO Zar 200

IPRO Zar default


The main idea was to make as much profit as possible with the EA over a not too long period and to withdraw it again and again - but in the end the EA can do both.

IPRO Zar is able to generate smaller profits in the long term and thus let the account grow slowly.

It is also possible with the EA to achieve large profits in the short term, but with a very high risk.

EA looks for pull backs and trades them if the conditions are right. If something goes wrong, the recovery function takes effect, which includes a smart martingale.

Our elaborated settings cover all needs so far, but generally speaking, there is a lot more potential in this EA if you want to deal with it intensively, since the strategy can be adjusted in the settings.


The EA works on many symbols, the best ones at the moment are NZDUSD, EURNZD and GBPNZD. But it also works with NZDCAD, AUDCAD, AUDNZD, EURUSD, USDCAD etc..

Please pay attention on the Risk, when testing new Pairs and/or testing on recommenden ones.


Warning: Martingale is very common and is also used by the best EA's, nevertheless it is very dangerous Strategy and can blow up your account. Therefore, it is advisable to withdraw your winnings periodically.



Requirements

Symbols NZDUSD, EURNZD, GBPNZD
Timeframe M15
Broker Any Broker
Acount Any Account
Balance recommended min. 500 - 1000 USD



    Parameters


    Parameter Description
    Max. Money To Trade Type of the Money which should be traded - Total Balance, or just a part of it 
    Amount Amount of Money to trade if not Total
    Hard-Close Close all positions of Equity is lower as Amount to trade
     
    Auto-Lot Enable/Disable Automatic increase of the Lot Size
    Manual Lot-Size Lot-Size if Auto-Lot is off
     
    Risk Risk for Lot calculation lower numer -> lower risk (0 - 1000)
    Decrease Risk Decrease Risk if trading on multiply Symbols
    Bewertungen 16
    mocchan
    44
    mocchan 2021.03.27 09:40 
     

    I purchased EA for the first time this time. I emailed the support team about a slight problem with the operation with the demo account, but I was surprised that the reply was very quick and polite. I have used various overseas services so far, but I am surprised that this is the first time for a team to be so polite. I'm looking forward to the fact that these problems will be resolved on the weekend, and I'm looking forward to future IPRO ZAR updates and profits generated by it. Thank you.

    Rthomas879
    153
    Rthomas879 2021.03.26 17:24 
     

    I will give a 5 star for IPRO ZAR EA. I been running this EA for 9 days and I had 9trades, which were all profitable. It was easy to setup and configure. Paul is amazing and very responsive. He help me every step of the way to troubleshoot all the issues. Settings :- Mode=Normal, Recovery=off,Boost=on,Autolot=on , Risk=save. I can't wait for updated version of EA with GBP/USD as another pair to test and Trade . Thank You Paul.

    jaymor6701
    57
    jaymor6701 2021.03.24 12:15 
     

    Easy 5 star rating for this EA.👍 I hesitated to buy the first time I saw the backtesting results thinking it’s a joke. How is 99-100% win rate possible? I did my own backtesting and it’s actually same with the graph. Still not convinced, thinking it’s too good to be true. But the data cannot lie. So I took the courage to buy it as part of my risk investment. And for 3 days now, got 9/9 winning and profitable trades. I tried cost-averaging strategies EA and wiped all my gains and part of my capital. I need something that is less exposed, can take losses and move on with the next trade, very selective trades, very easy to setup, plus auto-compounding. And I guess I found it with IPRO ZAR. To the developer and team, more power. 🤜🤛 Thank you for offering this worthy product.😁 Support is awesome by the way.👌 Excited for the coming updates. Can’t wait to trade another pair.🤩

    1st Week - Mar21-27 - 6x3 = 18/18 wins (Boost)

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    Auswahl:
    Sagaevent
    32
    Sagaevent 2021.06.02 20:37 
     

    Good communication and good results in the first two weeks. Turned into a desaster after one month. Lost 70% within 6 weeks, no signs of recover. Communication stopped all of a sudden. Not recommended, possible SCAM!

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2022.11.30 00:07
    Hello,
    we apologize that it took us so long to finally find a good strategy and that we left you in the lurch for so long - this is not our intention.
    Nevertheless, we hope that you will give the EA another chance so that it can convince you.
    Before you take the EA live, please test it extensively.
    Since the strategy has been completely changed, please read the product description carefully.
    For further questions we are - as always - at your disposal.
    Best Regards
    BULL BEAR INNOVATION
    Stanislav Gordiienko
    817
    Stanislav Gordiienko 2021.04.23 09:10 
     

    I have been using it for a month. EA enters the market according to the trend, but does so at its highest peaks and, having a huge s/l 325 waiting for the trend to continue. But trends are changing. I got it like this - EA opened sales, the trend reversed and after 19 days EA got full s/l . customization " normal + boost" .t left 30% of the deposit with three different brokers at the same time.the result of the work for the month minus 971 four-digit pips .I doubt very much that this EA is able to make a profit, I do not recommend it. If I see the opposite I will update my review.

    SCAM

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2022.11.30 00:07
    Hello,
    we apologize that it took us so long to finally find a good strategy and that we left you in the lurch for so long - this is not our intention.
    Nevertheless, we hope that you will give the EA another chance so that it can convince you.
    Before you take the EA live, please test it extensively.
    Since the strategy has been completely changed, please read the product description carefully.
    For further questions we are - as always - at your disposal.
    Best Regards
    BULL BEAR INNOVATION
    Aceman123
    2080
    Aceman123 2021.04.14 11:08 
     

    Possible scam. See comment section post #83. I will update my review if things turn around, but it is not looking good at the moment, and besides (possible) fraudulent BT practices, it handles DD situations very poorly.

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2022.11.30 00:07
    Hello,
    we apologize that it took us so long to finally find a good strategy and that we left you in the lurch for so long - this is not our intention.
    Nevertheless, we hope that you will give the EA another chance so that it can convince you.
    Before you take the EA live, please test it extensively.
    Since the strategy has been completely changed, please read the product description carefully.
    For further questions we are - as always - at your disposal.
    Best Regards
    BULL BEAR INNOVATION
    Leonce Tumi
    193
    Leonce Tumi 2021.04.13 07:29 
     

    My experience with this EA is terrible, if it ever turns around to proof me wrong i will update this review, for now its not worth it, such an expensive EA needs to provide results, i feel scammed!!!

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2021.04.13 08:58
    Hello Sir, sorry if you are dissatisfied with the product, but actually we cannot understand your review.
    You have tested the EA and saw how much profit you will get. Maybe there is something wrong and the EA is not opening trades, but we cannot help you if you do not contact us about this.
    If you think that the EA will turn your 500$ to 5000$ in a month without risk, then sorry but this cannot be done. Keep in mind that we are making money from forex, and here it's very, very dangerous. So drawdowns and also losses are part of it.
    But if you still need some help you can of course contact us.
    Best Regards
    BULL BEAR INNOVATION
    mocchan
    44
    mocchan 2021.03.27 09:40 
     

    I purchased EA for the first time this time. I emailed the support team about a slight problem with the operation with the demo account, but I was surprised that the reply was very quick and polite. I have used various overseas services so far, but I am surprised that this is the first time for a team to be so polite. I'm looking forward to the fact that these problems will be resolved on the weekend, and I'm looking forward to future IPRO ZAR updates and profits generated by it. Thank you.

    Rthomas879
    153
    Rthomas879 2021.03.26 17:24 
     

    I will give a 5 star for IPRO ZAR EA. I been running this EA for 9 days and I had 9trades, which were all profitable. It was easy to setup and configure. Paul is amazing and very responsive. He help me every step of the way to troubleshoot all the issues. Settings :- Mode=Normal, Recovery=off,Boost=on,Autolot=on , Risk=save. I can't wait for updated version of EA with GBP/USD as another pair to test and Trade . Thank You Paul.

    OLADIMEJI ADEBAJO IWALESIN
    3748
    OLADIMEJI ADEBAJO IWALESIN 2021.03.25 16:41 
     

    BULL BEAR INNOVATION Your beautiful innovative EA just innovatively made a £3,400 loss for me now with trades innovatively taken from the 3rd of March 2021, and you keep on claiming it is going to recover. Thanks for your bogus claims and I have innovatively removed your toxic innovation from my platform. Those who continue to use this toxin in their trading accounts will only have themselves to blame.

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2021.03.25 17:11
    Hello Sir, Sorry if you are dissatisfied with our product.
    As you can follow our real signal, there is everything fine. So please let us check your system because they may something wrong.
    In the tester you already saw that a Loss can happen, but the EA will also recover it. And once a Loss is there, it will not happen again for years.
    But as i said, we got no loss, therefore, we would like to look at your system why it happend. And please, if you see that you have a bad trade or one that is not the same with ours, please just contact us! Best Regards
    BULL BEAR INNOVATION
    jaymor6701
    57
    jaymor6701 2021.03.24 12:15 
     

    Easy 5 star rating for this EA.👍 I hesitated to buy the first time I saw the backtesting results thinking it’s a joke. How is 99-100% win rate possible? I did my own backtesting and it’s actually same with the graph. Still not convinced, thinking it’s too good to be true. But the data cannot lie. So I took the courage to buy it as part of my risk investment. And for 3 days now, got 9/9 winning and profitable trades. I tried cost-averaging strategies EA and wiped all my gains and part of my capital. I need something that is less exposed, can take losses and move on with the next trade, very selective trades, very easy to setup, plus auto-compounding. And I guess I found it with IPRO ZAR. To the developer and team, more power. 🤜🤛 Thank you for offering this worthy product.😁 Support is awesome by the way.👌 Excited for the coming updates. Can’t wait to trade another pair.🤩

    1st Week - Mar21-27 - 6x3 = 18/18 wins (Boost)

    m3raki
    53
    m3raki 2021.03.19 18:07 
     

    Paul is very responsive and easy to deal with. He answers any questions that you may have about the software. So far the performance is stellar the EA is consistent over the last 10 trades and profitable. The only complaint would be the initial SL which is very high. But having faith in the EA's trades has been critical and turned out well. We will see how it goes in the future.

    Mathias Koenig
    323
    Mathias Koenig 2021.03.18 00:36 
     

    I have thoroughly tested the EA and have been leaving it on a live account since 03/10/21 with the settings: Mode - normal; Recovery - OFF; Boost - ON; Autolot - ON; Risk - save; run and so far I am very satisfied. Thanks Paul ;)

    2021_03_18 = 6 wins - 0 fails. Since I use the boost, it's actually 18 wins!!! ^^

    2021_03_25 = 13 wins - 0 fails. (Boost 39 wins)

    PaulScull
    42
    PaulScull 2021.03.11 23:45 
     

    11/03/2021:- So far so good. Good communication with Paul. Was fairly easy to setup. Running for a week and profitable. Will run for a while and give an update later.

    27/05/2021:- Changing rating to a '1' Initially communication good. Had a loss which was ~36% of the balance (this was no different from the back-testing). Since then he has withdrawn it from the signals platform, and no longer communicating. The system is now saying recovery - 'what does this mean?' Someone mentioned this may have been a scam. Looks like it? If anything changes again - I'll update. But i advise -stay far away from this EA - or anything from bullbearinnovation.com

    cliff Choy
    1164
    cliff Choy 2021.03.04 11:10 
     

    Sl too large and signal deleted, potential red flag 1 star for now

    Update 1: increase to 3 star after live signal is up

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2021.03.04 11:17
    Hello Sir, Sorry if you are dissatisfied with our product.
    As you tested the EA you have seen where the Stop Loss is. Moreover our recovery system will normally cut the trade before it will reach the Stop Loss and than recover your Loss (like you have seen in Strategy Tester).
    Therefore, please give a little time and you will see that everything works perfectly. Best Regards
    BULL BEAR INNOVATION
    champ
    155
    champ 2021.03.03 10:13 
     

    Excellent support and a good EA. I know many top selling EA here whose authors are cheats. Not Paul. Looks committed.

    Osama Saeed Sulai Bin Zayed Almakhzoumi
    369
     

    Good support and communication. but the product is not worth it. Very risky EA and recovery are not working as it looks. after updating the status of recovery entry disappeared.

    Paul Reymkhe
    12292
    Antwort vom Entwickler Paul Reymkhe 2021.03.31 19:12
    Hello Sir, thank you for your comment.
    The risk is up to you. If you set it on very high to have high profits you have also to accept the high drawdown or also high losses, I think that is self-evident.
    You have tested the EA and should know the drawdown, if not, you can take it from the the EA screenshots in the description and also we have posted all risks and there drawdowns on the comment tab.
    Furthermore the EA had also losses in the past, which are seen on the strategy tester aswell. So if you test the EA you will clearly see the performance, also with losses, we do not hide anything here... So you have to accept losses also, this is forex.
    And the entry is still there, we did not changed anything on the trading strategy, we only adjusted the recovery system for mode superb to detect it better and it is more sensitive.
    If you decide to use the EA again, we will of course help you as always. But you have to agree with the drawdown and some losses aswell, but at the end all that counts is the profit. Best Regards
    BULL BEAR INNOVATION
    bobtrill
    39
    bobtrill 2021.03.01 14:12 
     

    Der Benutzer hat keinen Kommentar hinterlassen

    trade_buster
    43
    trade_buster 2021.02.24 21:06 
     

    Really great, quick communication with Paul. Expert setup was very easy, looking forward to many profitable trades on this one. Will write an update one orders start coming through.

    Antwort auf eine Rezension
    Version 7.2 2022.12.01
    - Important Fix in searching Close bars
    Version 7.1 2022.11.30
    - Object deletion fix
    Version 7.0 2022.11.30
    MAIN Update! - We apologize for this long delay.

    - The strategy has been revised from scratch - therefore a completely new strategy.
    - Please read the Productsdescription for further information about the Strategy.

    Version 5.91 2021.04.12
    - Added buttons to disable SELL and/or BUY trades
    - Fixed Bug with alerts during the EA initialization
    - Small improvements on the initalization
    Version 5.90 2021.03.29
    - Added FIFO input for accounts with FIFO rules
    - Added font size setting as input
    - Added Manual Risk in the setting
    - Added new vissible Parameters in the Menu
    - Added Alerts for errors and status of the EA on MT4 and Mobile
    - Added "debug mode" if some users has problems to get trades
    - Added automated Initializing which will be performed 1h before trading period
    - Added "Trading Money" to chosse between Balance, Equity and free Margin
    - Added Auto Exchange for other currencies than USD

    - Fixed FIFO trading with BOOST option
    - Fixed no trading in the recovery time with ZAR Risk
    - Fixed Problem with different currencies

    - Adjusted the recovery system for superb mode to be a little bit more sensitive

    ATTENTION:
    Manual Risk: If you use this option and you set the Risk too high, you can blow your account!
    Automated Initializing: When it will be executed the color will be orange, please do not touch the EA and/or do not press anything on the Chart!
    Auto Exchange: Please add https://www.xe.com/ to the WebRequest URLs (same as with AutoGMT) to get the exchange of your currency automatically! It is only required if you use currencies with much lower/higher price as USD e.g. NOK, JPY etc..

    Version 5.82 2021.03.07
    - Added Trailing Steps as input parameter
    - Fixed visual bugs with Demo Accounts
    - Minor fixed in the Menu
    Version 5.81 2021.03.01
    - Update for strategy tester with the error "No history data". If the error dissapears during the tests, the trades are again "normal.
    For al who bught the EA, you do not need to update to this version.
    Version 5.80 2021.02.28
    - Added new optimized Strategy to have more trades per week. To activate it just switch the "Mode" to "superb" in EA settings.
    - Added Magic Numbers of the EA into the settings as input to have multiply Robots running on a Chart.
    - Added New parameter into the Recovery System, it can now run when the trades was closed by the system and not only when it hits the Stop Loss