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Robot Review: Scalper EA

Today I’m looking at a newer trading robot built to earn 50 – 5000% growth per month, Scalper EA. The EA utilizes stop loss, trailing stop loss and take profit on every order that it executes. Traders are given the option to pay monthly, or buy a lifetime license.

It’s unknown who the developers are of this system, and where their offices reside. As for getting in touch with support, traders can use a contact form.


Scalper EA Review

The Scalper EA relies heavily on backtesting, and true tick data to ensure the ongoing success of their software. They feel that “Standard MetaTrader 4 backtest are very misleading because MT4 does not store actual ticks that occur in real market and stores only OHLC data of 1 minute bars.” Thus, MT4 makes up fake ticks to show what trading would look like, but that’s not an accurate representation of any system.

Personally, I’m not a big fan of backtesting at all. In 2017, the majority of real performing trading robots all utilize live data which cannot be reproduced in any backtest, with true tick data, or not.

The top two rated robots at Forex Robot Nation, both utilize News filters, and other live indicators that can’t be reproduced by backtesting at this point in time.


  • Type: Forex Robot
  • Price: $67/month, $297/1 license, $497/2 licenses
  • Strategy: Scalper
  • Timeframe: M15
  • Pairs: EURUSD


According to the sales page, the ScalperEA uses a set of indicators to generate EURUSD trades on the M15 timeframe. They want offer a 50% minimum per month return when using low risk signals and over 150% return on high risk settings, while offering a drawdown of less than 10%.

These promises sound great, but they are very difficult to follow through on.

EA Results

As I mentioned earlier, the developers of Scalper EA rely heavily on backtesting, but they do provide a shared statement hosted with MQL5. It’s extremely rare to see EA developers use this statement sharing service, over the others. I’m unsure how effective MQL5 is when it comes to verifying statements, and ensuring that they are not fabricated.

We can see in these results that their maximum drawdown is 23.62%, which is higher than the promised 10%. Although, it’s not too high that we should be concerned.

The account has been active for 4 months and shows a gain of 54.58%.

  • January: -4.14%
  • February: 42.64%
  • March: 42.41%
  • April -20.62%

We can see that the software has the potential of earning 42% a month, but also having some pretty large losing months at -20%. This scalper is obviously not a low risk trading system, nor has it been able to hit the numbers the developers expect it to.

This does not mean it is a bad EA, but it is certainly riskier than we originally were led to believe.


There are elements that I appreciate, and other elements that I worry about with the Scalper EA. With that being said, I’m going to provide a 3 star review at this point in time. I want to see how their live trading account continues to perform moving forward. After a month at -20%, I’m not ready to dive in head first, but it’s still worth keeping an eye on.

Let me know what you think of the ScalperEA, and if you think it’s a worth while robot or not.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.


  1. I had the same issue with them. Boiught the 3 month plan and have not heard back from them at all. Im doing a charge back if they do not reply to me by tomorrow.

  2. They are scammers! Bought the 3 months rent plan but did not send me the robot. Contacted them many times but no reply. Damn crooks!!!

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