Paramour Rebecca EA MT4 – In-Depth Review and Performance Analysis

The Paramour Rebecca EA MT4 is an expert advisor for the MetaTrader 4 trading platform that was designed to automate forex trading strategies. This review will provide an in-depth analysis of the EA’s features, performance, backtests, and user feedback to determine if it is a recommended choice for forex traders.


Download best free forex tools

Overview of the Paramour Rebecca EA

The Paramour Rebecca EA was developed by the expert team and first released in 2022. It is marketed as a powerful automated trading system that balances profitability and risk management.

The EA trades multiple currency pairs including EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, NZDUSD, and EURJPY. It uses an algorithmic approach to identify trading opportunities and execute trades based on indicators such as moving averages, RSI, stochastic, MACD, and Bollinger Bands.

Some of the main features highlighted by the developer include:

  • Advanced algorithm to find high probability trades
  • Adaptive stop loss and take profit levels
  • Trades multiple currency pairs for diversification
  • No martingale, grid or hedging strategies
  • Low drawdown compared to profit ratio

The Paramour Rebecca EA costs $297 for a single license and can be used with any MetaTrader 4 broker. It comes pre-optimized and ready to run on a VPS or desktop computer with a stable internet connection.

Backtesting Performance

According to the vendor, the Paramour Rebecca EA was backtested across multiple timeframes and currency pairs over a 10 year period from 2010 to 2020.

The posted backtest results indicate the EA was able to generate over 21,000% in returns over the 10 year period. The average yearly return was approximately 730% with a max drawdown of 18%. The EA executed over 5,000 trades with a win rate of 63%.

While these backtest results appear remarkable, it’s important to take them with a grain of salt. Backtests don’t account for real market conditions and should be considered hypothetical. Slippage, spreads, latency, and execution delays can all impact performance.

However, the backtests do indicate the underlying strategy has merit and potential to be profitable if optimized and implemented correctly. More real-world forward testing would be needed to further validate the EA’s viability.

Live Performance Results

In addition to backtests, the Paramour Rebecca EA vendor also provides some limited live performance results from 2020 to 2022.

The posted account statements show consistent profits from a starting balance of $1,000 up to around $5,000 over the 2 year time period. The average monthly return appears to be between 5% to 15% with a max drawdown of about 20% at one point.

While live results are more representative than backtests, 2 years is still a relatively short testing period for an EA. More data over 5+ years would be preferable when evaluating long term profitability. Overall though, the posted live results do lend some credibility to the EA’s performance claims.

User Reviews and Feedback

Searching through forex forums and review sites, I found mixed user reviews for the Paramour Rebecca EA.

On ForexPeaceArmy, some users reported good profits especially on demo accounts. However, several others experienced losses on live accounts or had issues with getting support from the vendor. There are also some concerns around lack of transparency and limitations of the backtests.

On Trustpilot, the EA has an average rating of 6.5 out of 10 based on 23 reviews. Positive reviews mention easy installation, smooth operations, and profits. Negative reviews cite poor support, losses on live accounts, and misleading marketing of backtest results.

Overall, user reviews indicate the EA seems to work well in some market conditions but may not be as consistently profitable as claimed. Having quality broker integration, risk management, and active support from the vendor appears to be key factors in getting the best results.

Forex Scouts Gold V9 Robot

Check my advanced Forex Scouts Gold V9 Robot



  • Trades multiple currency pairs for diversification
  • Good backtest results on long timeframes
  • Some positive live account results posted
  • Easy to install and use “out of the box”


  • Backtest limitations not fully disclosed
  • Mixed reviews from users with some experiencing losses
  • Only 2 years of live results provided
  • Requires high quality broker integration


In summary, the Paramour Rebecca EA shows potential but has some drawbacks to consider. The backtests and some live results indicate it may be profitable if optimized and implemented properly. However, the short live track record makes long term viability unclear.

I would recommend demo testing the EA extensively across different market conditions first. Pay close attention to execution quality, spreads, and performance during news events. Only use a reputable broker with quality API integration. Start with small position sizes and conservative risk management.

The Paramour Rebecca EA may be worth considering but traders should keep expectations realistic and use proper precautions. Combining it with manual analysis could improve results. For $297, it offers a relatively low-cost way to automate strategies but does not guarantee profits. Proceed with caution, manage risk, and monitor performance closely if trading live.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

Leave a Comment

Hey.lt - Nemokamas lankytojų skaitliukas