Advanced Scalper is a robot that was released on August 24, 2018. It was activated ten times. The system was demo downloaded 4254 times. Its developer is Profalgo Limited. The current version of the system is 1.56. It was published on May 19, 2021.
Advanced Scalper Trading Strategy
- The main strategy is scalping.
- We can work with three symbols: EUR/USD, USD/JPY, and GBP/USD.
- It can be used on the H1 and H4 time frames.
Advanced Scalper Features
We have some details explained about the system and its features:
- Advanced Scalper works fully automatically on the account.
- The name tells us about a scalping trading approach.
- We may use the robot on other currency pairs after proper customizing.
- The system has been working for three years.
- There’s a discount from $990 of the final price.
- The final offer is disgusting.
- There was only one copy left for $390. Now, we have two copies left for $290.
- We won’t get any other robot for free. This option was removed.
- We have an advanced exit algorithm implemented.
- The robot includes a spread filter.
- It avoids trading during slippage periods.
- The system is ready to be customized.
- We have recommended settings to customize the system.
- IC Markets and Alpari are suggested broker companies.
- We can use 4xhosting as a VPS service provider.
- The robot is designed to trade only on low-spread pairs.
- Entry and Exit points are well-calculated.
- We have Stop Loss levels set for each open order on the market.
- The backtest was performed based on the 99% quality data.
- The account must have $150 or more.
- We have to run the robot on the low-commission brokers.
- There are just several lines of settings we can customize.
The lifetime price went down, but the half a year rent costs like annual rent before changing. The offer is $290 for a lifetime copy for a single account. The rental option for a month costs $149. The three-month option costs $199, when the six-month rent costs $249.
We also have a pack of Advanced Scalper, Red Hawk, Grid King, and Gecko EA advisors that costs $750.
Advanced Scalper Backtesting Results
There’s a USD/JPY backtest on the H1 time frame. The chart looks unpredictable. The history quality of the data was 96.00%. The period was 2014-2018. The backtest was performed with Fixed Lots – 0.01. The total net profit has amounted to $234.37. The maximum drawdown was 0.82% ($9.95). The Profit Factor was 1.81. The recovery factor was good – 22.89. The system has closed 1085 deals. The win rate was 57.84% ($536) for Shorts and 65.76% ($549) for Longs.
Advanced Scalper Live Trading Results
Advanced Scalper trades on a real account on the INFINOX Capital broker. It’s an extremely rare choice. The leverage is 1:300. The platform is MT4. The account has both track record, and trading privileges verified badges. It was created on January 14, 2016, deposited at 16,978 EUR, and withdrawn once at 30,000 EUR. Since then, the absolute gain has become 1296.41%. An average monthly gain is 4.08%. The maximum drawdown is 22.90%. The account is tracked by 141 traders.
The robot has executed 6167 deals with 8558.8 pips. An average win is 4.49 pips when an average loss is -7.86 pips. The win rate is 75% for Longs and 74% for Shorts. An average trade length is 40 minutes. The Profit Factor is 1.30.
EUR/USD is still much ahead compared with other symbols, with 4345 trades and 36851.95 EUR of profits.
The robot prefers working on the European trading hours.
Wednesday and Thursday are the most actively traded days.
The advisor trades with low risks to the account balance.
The advisor started working unpredictably, losing several deals in a row.
We have two months lost in a row – April and May 2021.
Advanced Scalper Reputation
Wim Schrynemakers has a 36021 rate on his profile and a 3.9 rate on his products (667 deals). He has 3093 friends.
We have many negative comments after two unprofitable months.
Advanced Scalper Review Summary
- Strategy – score (3/10)
- Functionality & Features – score (3/10)
- Trading Results – score (4/10)
- Reliability – score (3/10)
- Pricing – score (6/10)
Conclusion
Advanced Scalper has been working well until the present. The system has easily lost two months in a row. The developer provided no update to it. We have no idea if the system recovers these losses or this is a road down. Anyway, we have to stay away from it because there’s no refund policy provided.
