Exp iCustomNew
by Dmitry Fedoseev · MT4
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Summary
Exorcist Projects is a premium MT4 expert advisor by Ivan Simonika priced at $1,799 with a 3/5 rating and no verified performance stats. Its high cost and lack of transparent results push many retail traders to consider cheaper, highly rated alternatives such as PZ Stop And Reverse EA MT5 ($149), Market Anomalies EA ($99), Neon Shadow EA MT5 (price N/A), Night Ranger ($149) and EA Pivot SR mt5 ($95). All listed alternatives also lack verified stats. FxRobotEasy independently reviews these products; traders should demo them, respect broker constraints, and manage drawdown risk carefully.
Retail forex traders compare Exorcist Projects with alternatives because the EA commands a high price tag yet lacks verified performance data. That combination raises questions about value, reliability, and fit for specific accounts. Alternatives often offer lower prices and strong community ratings, but they too may lack independent verification. Traders must weigh platform compatibility (Exorcist Projects is MT4 while some alternatives are MT5), broker execution and spread requirements, and the potential for significant drawdowns. FxRobotEasy independently reviews all products to help traders assess transparency, settings, and realistic expectations before risking live capital.
| Metric | Exorcist ProjectsMain Product | Scalperology Ai Our bot | Exp iCustomNew | Excellent Gold | Exp Swing | Ex Scalping EA |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | 0.0 | N/A | 0.0 | N/A |
| Price | $1799 | $149 | $45 | $60 | N/A | $30 |
| ROI | N/A | N/A | -17.5% | -5.1% | N/A | N/A |
| Max Drawdown | N/A | 12.1% | 20.7% | 27.6% | N/A | N/A |
| Win Rate | N/A | 67.2% | 46.4% | 48.4% | N/A | N/A |
| Profit Factor | N/A | 2.15 | 1.05 | 0.86 | N/A | N/A |
| Total Trades | N/A | 902 | 1,034 | 884 | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Exorcist Projects by Ivan Simonika is an MT4 expert advisor listed at $1,799 with a 3/5 rating and no verified stats available. Strengths include a polished presentation and a price point that suggests a sophisticated system, potentially attractive to traders seeking an all-in-one paid EA. Weaknesses are the steep cost, limited transparency, and no verified live or third‑party backtest results, which increases uncertainty. Platform realities matter: MT4 brokers, spread sensitivity, swap rates and order execution can all materially affect performance. This EA may suit experienced traders who can afford high upfront cost and will thoroughly test on demo accounts, run robust risk management, and monitor drawdowns closely. Less experienced traders or those who prefer verified track records should consider cheaper, better-rated alternatives and always demo before live use. FxRobotEasy independently reviews this and other bots to help inform decisions.
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Exorcist Projects presents a high-cost, moderate-rated MT4 option with no verified stats, which raises questions about value versus risk. The listed alternatives are cheaper and carry higher community ratings, but none provide verified performance either. For most retail traders, starting with lower-cost, high-rated alternatives or verified FxRobotEasy bots is a more conservative route. Regardless of choice, always demo under your broker’s conditions, account for spreads and execution, set conservative risk limits, and be prepared for drawdowns. FxRobotEasy independently reviews these products to guide informed testing and deployment.
Whether Exorcist Projects is worth buying depends on your risk tolerance and testing discipline. It is priced at $1,799 with a 3/5 rating and no verified stats available, so the premium cost demands thorough demo testing. Validate performance under your broker conditions, monitor drawdowns, and confirm settings suit your account size. Many traders prefer to trial lower-cost alternatives first or choose EAs with independent verification before committing large sums.
There is no single best alternative; choices depend on platform and budget. PZ Stop And Reverse EA MT5 ($149) and Market Anomalies EA ($99) are affordable, highly rated options. Neon Shadow EA MT5 has a strong rating but price is not available. All alternatives listed have no verified stats, so pick based on MT4 vs MT5 compatibility, your session preference, and willingness to demo and validate live-broker performance before trading real capital.
Test EAs on demo accounts using your target broker to capture realistic spreads, slippage and execution. Run multi-week or multi-month forward tests across various market regimes and instruments, track drawdowns, win rate and risk per trade, and use conservative sizing. Verify any parameters with walk‑forward testing if possible. Only move to live accounts after consistent demo performance and a clear plan for risk management and monitoring.
While evaluating Exorcist Projects and its alternatives, consider Scalperology Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
12.1%
Max Drawdown
67%
Win Rate
902
Total Trades