Hamster Scalping Review

Hamster Scalping is a fully automatic trading advisor using two modes for scalping and martingale lovers. The RSI indicator and an ATR-based filter are used for entries.

Hamster scalping


Input parameters

  • Period indicator1 – period of the first indicator;
  • Up level – the upper level of the first indicator, above which the EA will open Sell;
  • Down Level – the lower level of the first indicator, below which the EA will open Buy;
  • Period indicator2 – period of the second indicator;
  • From – the lower borders of the range of second indicator values, in which the EA is allowed to open positions;
  • To – the upper borders of the range of second indicator values, in which the EA is allowed to open positions;
  • Initial lot – initial lot.
  • Autolot – enable/disable auto lot calculation.
  • Autolot size – amount of the deposit, on which Lot is to be used when Auto lot is enabled.
  • Max Lot – maximum lot size for the EA operation.
  • Take Profit, points – real take profit in points.
  • Stop Loss, points – real stop loss.
  • Virtual Take Profit – virtual take profit.
  • Option Take Profit – select the take profit operation based on the bar Open / the current price.
  • Level of Take Profit – select the take profit calculation based on the breakeven/the last order.
  • Virtual Stop Loss – virtual stop loss.
  • Option Stop Loss – select the stop loss operation based on the bar Open / the current price.
  • Max Orders – the maximum number of open orders.
  • Star Hour – the EA operation start hour.
  • End Hour – the EA operation end hour.
  • Use Wednesday Logics – if true, the EA will not work on Wednesday at night, if false it will work in the normal mode;
  • End Time Friday – time to stop trading on Friday;
  • Max Spread – maximum spread, at which the EA is allowed to open and close positions;
  • Show Statistics – show/hide statistics;
  • Show Button Close – enable/disable the button for closing orders.
  • Magic EA – magic number for the Expert Advisor to identify its positions;
  • Take Profit, points – physical take profit;
  • Stop Loss, points – physical stop loss;
  • FontSize – setting the font size in the panel;
  • Close all orders at take or stop – on / off closing both directions simultaneously;
  • Imp1DRAW, Imp2DRAW, Imp3DRAW – display news on the chart (enable/disable).
  • Pause before (after) a high importance news – news settings.

Expert Advisor backtest

Hamster scalping back test

Hamster Scalping reviews

Hamster Scalping reviews

Conclusion for this robot

Hamster scalping, developed by Ramil Minniakhmetov is a very well known forex robot. Since it’s price is just $30 we consider it as value for money. After reading so many positive reviews we can only say that this EA i seems like a very good purchase in case you like to scalp the markets. 

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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.

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