Is Mood EA reliable for your trading account? Should you buy this system for a better trading experience? Read this review to find out if this forex robot is worth your money or not.

About Mood EA

Mood EA is a forex robot available on MQL5 website. The developer of the system is Vasiliy Strukov from Russia. It is an automatic trading robot that opens and closes orders.

According to the vendor, the product can be purchased at the rate of $199, but without a rental option.

EA Price

Mood EA claims to give advantage in the financial market with its expert strategy. Here, the vendor provides a list of settings that shows DD reduction algorithm, SL and TP options.

Mood EA: Reasons to Avoid this Expert Advisor

Firstly, Mood EA is a forex robot that fails to pay attention to details. The sale pitch of this Expert Advisor shows some transparency issues with the product.

Secondly, the system has no cash back for the product. There is no guarantee that your money will be refunded if the product does not work as it is claimed to be.

More so, the customers’ feedback is pretty worrisome. There are many customer reviews on MQL5 where the product is sold of which they are all positive. However, we don’t want to trust those reviews as they can be twisted in favor of the system.

EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below


Free Trial




Strategy: Scalping

Time Frame: M1, M5, M15 and M30

Currency Pairs: All Pairs

License fee: $147

30 Day Money-back Guarantee


Strategy: Stop and Reverse

Time Frame: All time frames

Currency Pairs: EUR/USD, EUR/GBP and USD/CHF

License fee: $149

60 Day Money-back Guarantee


Strategy: Scalping

Time Frame: M1, M5, M15

Currency Pairs: All Pairs

License fee: $147

30 Day Money-back Guarantee

WordPress Pricing Table Plugin

Mood EA Trading Strategy

Mood EA works on the Momentum indicator which uses oversold or overbought to enter a trade. Further, the vendor explains that indicator catches traders’ moods.

The system discusses nothing on currency pairs and timeframe.

Mood EA Trading Results

From the result presented, the EA traded on a deposit of $500 with a risky approach that caused a draw down of 81.88%.

Trading Result

The vendor further presented a trading stat that had no third party verification which could be twisted. According to the stat, it shows a total return rate of 2316%, however, the system still proved to be risky as the maximum drawdown was (84.3%).

Trading Stat

Conclusion: Is Mood EA a Reliable Forex Robot?

Mood EA does not seem like a reliable forex robot for traders even though it promises offers that look good to be true.

More so, not guaranteeing forex traders a refund for their money if the system does not prove trustworthy as it claims is a con.

Because this EA does not consider it necessary to provide information, we do not recommend this forex robot for trading.

Kindly share your comment about this broker in the comment section.

By Dan

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!