DYNASCALP is a Forex expert advisor that claims to execute the most lucrative trading opportunities with minimum effort on the trader’s part. As per the vendor’s claims, this EA lets you make triple-digit gains, even without any trading experience. It is compatible with multiple currency pairs and has been backtested over a 10-year period.
There are two pricing plans for this EA, one for a yearly membership and the other for a lifetime membership. The prices for these plans are $247 and $397, respectively. Compared to the market average price for EAs, the prices are pretty standard. For both plans, there is a 30-day money-back guarantee offer.
DYNASCALP trading strategy
This EA uses a technique known as asset weight management. This involves assigning more weight to the most relevant pairs in a particular market scenario and reducing the weight for others. The vendor claims that this balances the bad performance for some of the pairs. This EA combines asset weight management with night scalping so that the system is able to balance itself based on the present market conditions.
For all pairs, the EA sets an asset participation point, updating it afterward based on the outcomes. Instead of trying to predict market movements, it tries to capitalize on the current trends. It avoids using risky strategies like martingale and grid.
DYNASCALP features
- The EA is compatible with pairs like AUD/CAD, AUD/USD, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/CHF, GBP/USD, USD/CAD, USD/CHF, USD/JPY, and XAU/USD.
- It uses news filters and closes all orders before weekends for safety purposes.
- The vendor includes optimum settings with the robot.
- It is a 100% plug-and-play system that uses a smart trailing stop and stop loss with all orders.
DYNASCALP backtesting results
Here we have the results of a backtest conducted from July 2015 to May 2021 using an every tick model. The EA used an initial deposit of $1000 to conduct 1460 trades, winning 71.51% of them and generating a total profit of $6504.25. Compared to other EAs, the win rate was good, and so was the profit factor of 1.69.
The maximum drawdown was higher than normal at 44.49%, and this indicates a risky trading strategy. There were 22 maximum consecutive wins and 5 maximum consecutive losses during the testing period.
DYNASCALP live trading results
This live trading account on Myfxbook has been active since June 30, 2020. Since then, it has conducted 4404 trades while maintaining a win rate of 72%, which is slightly higher than what we saw in the backtest.
The account has a decent profit factor of 1.67 and a drawdown of 17.31%, which is well within the acceptable margin. Clearly, the EA has used a less risky approach compared to the backtest. Currently, the daily and monthly gains are quite impressive at 0.36% and 11.55%, respectively. The time-weighted return for this account currently stands at 856.20%, and the total profit is A$1,210.43. Thus, it has managed to grow the account steadily while keeping the drawdown relatively low.
Here you can see the recent trades placed through this account. For the last 20 orders, the EA has traded with a lot size of 0.01-0.08. Although it has suffered some losses in recent times, the performance has been quite steady over the last few months. On average, it holds an order for 1 hour and 19 minutes. The average win and loss for this account are 3.81 pips/A$0.95 and -4.38 pips/-A$1.46, respectively.
DYNASCALP reputation
The parent company behind this robot is known as LeapFX and its headquarters is based in New York, United States. This company is well-known for manufacturing Forex EAs like Funnel Trader 2.0, Automic Trader, AX Trader, The Fund Trader, Easy Money X-Ray Robot, Trade Explorer, Bounce Trader, The Skilled Trader, and Gold Trader. Support is provided via the official email address.
Although there are no reviews for this EA, the parent company LeapFX has an impressive rating of 4.1 of 5 on Trustpilot, based on 14 reviews. In one of them, the user has stated that DYNASCALP is the perfect system that lets them earn 100% profit on their account.
DYNASCALP review summary
- Strategy – 7/10
- Functionality & Features – 7/10
- Trading Results – 7/10
- Reliability – 8/10
- Pricing – 8/10
DYNASCALP has a verified track record of winning steady profits in the live market. The pricing plans for this robot are quite affordable and the vendor has a refund policy in place. It is sold by an experienced company that is trusted by Forex traders.
