In this post I will be reviewing the extremely innovative and forward thinking 8topuz developed by an emerging fintech company who specialise in the development of artificial intelligence trading algorithms, with great success! Through 8topuz, the average trader can benefit from one of the most advanced trading algorithms that has been applied to forex trading. 8topuz has a proven track record of delivering a good solid performance at the time of me writing this review, with a real verified by FX Blue account showing an impressive gain of over 44k with a win rate of around 60% on a live trading account. The average win is around 20 pips with the average loss not too far off, thus giving an acceptable risk to reward ratio. Provided this good performance from 8topuz continues for the months to come, then this is certainly an automated forex trading strategy worth taking a look into – it can be used via mt4 or mobile app with full support being provided by the 8topuz team. The 8topuz documentation states that the annual target of the system is around 20-70% depending on your risk preference (from 10-30%). Now, for a fully automated trading system that requires no input from the investor, those are potentially some good gains. Of course, there is always risk with trading anything so make sure you understand exactly how it works before you start and the develop will be more than happy to discuss your needs and risk limits.
8topuz Trading Strategy
8topuz was created by an experienced team of traders and combines human knowledge with algorithmic trading systems. Thus, giving us the best of both worlds by having the advanced analysis from the algorithms which can parse huge amounts of historical and real time data in milliseconds whilst adding the human element often lacking from other more rigid Forex Robots. This is a very unique feature of the 8topuz Trading Strategy which makes it stand out greatly from the very crowded automated forex trading marketplace.
8topuz trades the EURUSD, USDJPY, NZDUSD and XAUUSD pairs. This is a good mix of major currencies such as the EURUSD and USJPY whilst showing good diversity with the slightly more exotic NZDUSD pair and further mixing things up with GOLD added in there (XAUUSD). Other forex robots use correlating pairs which can cause duplicate losses where we would have been better off trading just one pair, 8topuz avoids this potential problem with its portfolio. As always, just make sure you use a level of risk that you feel comfortable with. The pairs used within 8topuz come from over 10 years of detailed historical analysis and the fact that they suite the modelling of the 8topuz algorithm whilst its worth considering that although back tests results should not be solely relied on, the 8topuz system has intervention from humans to ensure that it can adapt to the latest ever-changing market conditions! This human intervention also acts as a safety mechanism as the developer emphasises putting client’s protection before anything else.
8topuz trades very frequently which will suite those of you who like high octane action! It also trades at low volume to ensure that it can maintain the high frequency whilst limiting the chances of getting into a potentially dangerous money management situation – basically, it aims to prevent the account being over exposed. Again, a unique feature that I have not seen in many (if any) of your average forex robots. It is worth noting that 8topuz does use hedging in place of a stop loss.
Overall, 8topuz is a very unique and thus far profitable trading solution with the developers themselves stating: “Our goal is to find the most suitable solution to meet your financial needs and to pursue the best investment opportunities for you across the global financial markets. We are committed to present you tailor made trading solutions, based on capital preservation, positive returns and high risk-adjusted performance.” Whilst we should not expect ridiculous gains with silly levels of risk, so far from the FX Blue accounts provided by the developer, 8topuz has certainly made some steady and consistent gains. From my experience talking with the 8topuz team, they are very friendly and welcoming, with documentation available on the official 8topuz website and via a PDF brochure you can get upon request. In my humble opinion, this is certainly a system I would look into in more details – especially the latest live performance which you can see on my best forex robots page!