Zeus EA Review: Does It Win or Lose?

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Zeus EA

Zeus EA is a trading solution that was designed with a purpose to provide us with automated orders execution. Based on the customer reviews we found on Forex Peace Army, Elite CurrentSea, a developing company, has a good reputation. In this Zeus EA review, we will check how stable and reliable the system is to be used on the real account.

What is Zeus EA?

The presentation includes various details, settings, and other information about the system.

  • The core terminal to trade is MT4.
  • The monthly profitability can be up to 15%. Alas, the trading results don’t match this number.
  • The robot executes orders quickly and with low risks.
  • We can work with as low as 20% drawdowns.
  • Alas, the results showed 3.5 times higher drawdowns.
  • It can handle market volatility well.
  • The balance to trade smoothly should be 2500 EUR.
  • If we would like to change our broker, we may ask the developers for help.
  • The details about the core strategies weren’t revealed.
  • The account type can be Standard or ECN.

Official Zeus EA website

Their website includes information about settings, features, and other details. The developers shared backtest reports and trading results in addition. So, the devs do not hide anything from us. It’s a good sign.

How can we use Zeus EA?

The system can be used for automatic trading on our terminal. No extra deeds are needed.

Pricing & refund

The developers provide us with several packages that vary by terms. We can purchase a lifetime copy of the system for 999 EUR. This offer is 2-3 times overpriced. The annual rent is high either – 699 EUR. There’s a partner subscription for as low as 399 EUR. Also, we can work through a managing account feature. We should pay a percent from our profits depending on the account size: $400–35%, $800–30%, $5,000–25%, $15,000–20%. Unfortunately, the refund policy is not applied.

Trading strategy

  • We don’t know the details about the strategy.
  • The core cross pair is EURUSD.
  • We can work from the M5 time frame. 
Zeus EA backtest report  on Myfxbook
Zeus EA backtest report on Myfxbook

There are two reports published. This one was received after testing EURUSD on the four years of the tick data. The time frame was M5. The total profit was 374.25%, while an average monthly gain was 2.8%. The peak drawdown was 53.30%. It’s a high number for a backtest of a paid advisor. The good level of drawdowns should be 20% or less.

Zeus EA details
Zeus EA details

Zeus EA has traded 14,662 orders executed and -24,479 pips lost. This means that the system worked well only because of Martingale. A profit win was 8.08 pips when an average loss was -24.24 pips. The win rate was 69% for longs and 70% for shorts. The profit factor was 1.52. 

Zeus EA directions
Zeus EA directions

The system lost both directions in pips and gained them in currencies. 

Trading results

Zeus EA trading results on Myfxbook
Zeus EA trading results on Myfxbook

Zeus EA works on a real EUR account that was created on Key to Markets. It received information about the market conditions from MT4 automatically. The leverage was set at 1:500. The account has a verified track record. It was created on September 03, 2020. The lack of transparency doesn’t allow us to know the deposit and balance data. The system could generate a total gain of 23.08%. The maximum drawdown was 71.01%. It’s high number. The dev promised us a DD of under 20%, but, as you may see, it’s not so.

Zeus EA statistics
Zeus EA statistics

The system has performed 72,923 deals and lost 146,531.9 pips. An average win is 8.20 pips when an average loss is -24.56. It’s a big spread between results. We have an accuracy of 68% for longs and 69% for shorts. An average trade length is 13 hours and 52 minutes. The profit factor is 1.05. We’d like to say that the system is barely not profitable. Paid robots should have a profit factor of over 1.6.

Zeus EA directions
Zeus EA directions

Both trading directions are unprofitable for the system.

Zeus EA hourly activities
Zeus EA hourly activities

The most traded session is the European one.

Zeus EA daily activities
Zeus EA daily activities

Monday (15297) and Wednesday (16023) are the most tarded days.

Zeus EA closed deals
Zeus EA closed deals

We may note that one order lost 3.1 pips that equaled losing 0.84%. So, there could be 84 times Martingale because a common gain of 4 pips cannot even increase an account balance to 0.01%.

Zeus EA monthly profits
Zeus EA monthly profits

The advisor has lost 39.31% of the balance in March 2022. 

What are the real customers saying about Zeus EA?

EliteCurrenSea’s page on Forex Peace Army
EliteCurrenSea’s page on Forex Peace Army

EliteCurrenSea runs a profile on Forex Peace Army where everyone can write a comment. There are 86 reviews with a 4.499 rate provided.

Negative customer testimonial on Forex Peace Army
Negative customer testimonial on Forex Peace Army
Negative user testimonial on Forex Peace Army
Negative user testimonial on Forex Peace Army
Negative trader testimonial on Forex Peace Army
Negative trader testimonial on Forex Peace Army

From negative comments we know that the Zeus EA as well as the other solutions the company offers don’t work for people properly.

Summary: is Zeus EA a trustworthy EA?

Zeus EA
2.8 5 0 1
Zeus EA is an expert advisor that works with a Grid and Martingale combo. The developers avoided informing us about this fact. The presentation has some explanations published about how the robot works in general. Alas, trading results showed that the system isn’t stable and can easily lose over 39% of the account balancer per month.
Zeus EA is an expert advisor that works with a Grid and Martingale combo. The developers avoided informing us about this fact. The presentation has some explanations published about how the robot works in general. Alas, trading results showed that the system isn’t stable and can easily lose over 39% of the account balancer per month.
2.8 rating
2.8/5
Total Score
  • Strategy
    3.0 rating
    3/5 Neutral
  • Features
    3.0 rating
    3/5 Neutral
  • Trading Results
    3.0 rating
    3/5 Neutral
  • Reliability
    3.0 rating
    3/5 Neutral
  • Pricing
    2.0 rating
    2/5 Bad

Like

  • Backtest reports provided
  • Trading results available
  • Various comments about the company written

Dislike

  • No strategy details explained
  • No settings explanations provided
  • Trading results are horrible
  • The robot works with huge drawdowns
  • No refund policy applied
  • Some negative testimonials written
Total
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