• Overview
  • Reviews (1)
  • Comments (6)

FastScalper

The strategy of this Expert Advisor is based on working during increased price volatility. The algorithm of the EA determines the most probable direction of the price and opens a deal in the trend direction.

Bollinger Bands channels help the EA avoid opening deals at the end of the trend movement.

The EA does not use dangerous strategies based on averaging, hedging and martingale.

Each deal is individual, has a tight stop loss and take profit. Trailing stop is available.

The EA is recommended for simultaneous use on the major currency pairs:

EURUSD M5, GBPUSD M5, EURGBP M5, EURJPY M5, USDCAD M5, USDJPY M5.


Parameters

  • Take Profit - take profit.
  • Stop Loss - stop loss.
  • Comment to order - comment to orders.
  • MaxRisk - the maximum risk level.
  • if MaxRisk = 0, Lot will be - lot size if MaxRisk=0.
  • Start Trailing Stop - profit in points to activate trailing stop.
  • First Trailing Level - distance in points to set the first stop loss of trailing stop.
  • Step Trailing Stop - trailing stop step.
  • Bands-Period - period of the Bollinger Bands indicator.
  • Bands-Deviation - deviation of the Bollinger Bands indicator.
  • Max Slippage - maximum allowed slippage.
  • Max Spread - maximum allowable spread.
  • Magic Number - magic number for the EA's orders.
Tiscy
126
Tiscy 2018.05.01 22:55 
 

If you want to waste your money and waste your time, I highly recommend to rent or buy this EA. I have rented the EA for one month, for 50 USD (now it cost 100 USD).

The EA looks perfect in all backtests, but when I tried to use the EA in a Demo Account, it killed 10% of the Balance within one day. There was only one good trade out of 15 trades. Means, nearly all trades are lost trades.

So I have spend 50 USD to find out, that a Backtest has nothing to do with a real test with a live or demo Account. The results can be 100% different.

I hie tested with three different ECN brokers and als with a VPS with less than 2ms to my broker. I also tested different currency pairs. All without success. I really tested all kind of scenarios and I created a nearly ideal environment for this EA.

The EA didn't stop to kill the (demo) money.

I also informed the Author, but he only send me a link to a signal (which he disabled in the mean time), instead helping me to get this EA profitable.

Do not buy or rent this EA, it is totally waste of money. Use EA's which are proven, by other users.

If there would be a possibility, I would like to get my money back!