Advanced Scalper Review

Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client’s needs and offers many setup possibilities. Of course there are also recommended settings which will be available in the comments-pages.

The EA can be used in 2 ways (at the moment):

Fully automatic trading, using a High/Low breakout system for entry calculations. This mode can be run on any timeframe, but for more secure entry points, I recommend using H1 or H4.
As a tool for manual trading strategies, where the trader can pick the entry points, or in combination with other EA’s for setting the entry points, and the Advanced Scalper EA will use its advanced exit-algorithms to follow up those trades.

Features

Strict use of stoploss on every trade
very advanced SL-management
spread filter to avoid trading during bad market conditions
slippage control algorithm, to avoid bigger losses during heavy slippage
fully automatic mode, with adjustable entries
exit-strategy can be used on any manual trade(s) or on trades from other EA’s
survives strict high quality backtests, with real variable spreads, commission and random slippage at 99% tickquality
Proven live results on “high balance” accounts and with several different brokers.
Recommended minimum balance for running full setup: 150$

Expert Advisor backtest

Advanced Scalper reviews

Conclusion for this robot

Advanced scalper is one of these EA’s that immediately draws our attention. We can copy it for free and more imporantly, the expert advisor made profits for 4 year! There is no better proof than a live account. However, we want to know if these results are exactly corresponding with the robot’s trade entries and exits. Best to test and see for yourself first.

 5/5

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Risk warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. Currency trading involves high risk and you can lose a lot of money.

Quick links

support@scalprobot.com