Profitable transactions
Reindeer Scalper Pro
Reindeer Scalper Pro is at discount Price only Today, at 60% of the Original Price!
Reindeer Scalper Pro is a trading robot for the trading on EURUSD, GBPUSD and XAUUSD (Gold). This is a mix of Trend Following and Counter Trend system. Backtest Now!
All Trades are covered by StopLoss and TakeProfit.
Important Information Revealed
By purchasing this Expert Advisor you are entitled to receive a free copy of Panther Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or email !
The system can also work with Pc or Vps a latency up to a recommended maximum of 100ms.
The EA has been subjected to stress tests for a period of 17 years and passes every year with a very advantageous profit/drawdown ratio.
Reindeer Scalper Pro Work mainly on EURUSD, GBPUSD and Gold, in Timeframe H1.
This Ea can be Fifo Compliance.
It analyzes the market without using obsolete indicators and pattern, a simple algorithm, decides the inputs and the direction of the order.
You can find MT5 Version of this EA here: https://www.mql5.com/en/market/product/59556
The maximum accuracy backtests allowed show a high payout rate and good resistance to unexpected market events.
Recommended Test Period 2003 to Today.
if you can not run a backtest, watch the video below.
You can find Our Telegram Channel for any news and discount Here
You can find Our Mql5 Channel for any news and discount here: https://www.mql5.com/en/channels/tradingforexprofessional
Run Backtest
Here you can find a complete guide to run a backtest correctly: How To Backtest Any Trading System Correctly
Others Product
Here you can find Live Performance and my other products: https://www.mql5.com/en/users/michelarusso80/seller
Recommendations
| Symbol | EURUSD, GBPUSD, XAUDUSD (Gold) |
| Timeframe | H1 |
| Test From | 2003 |
| Settings | Default settings |
| Brokers | Any broker: 1st recommended, 2nd |
| Minimum Deposit | 100 usd |
| Market Entry method | Market Order |
| Tester Method | tick by tick |
| Fifo Compliance | Yes, with max order 1 |
Settings
- Lot: lot amount with autolot disabled
- Autolot: Enable autolot or disable it
- Risk: risk for autolot calculation
- Magic Number: id for identify Ea orders
- Spread Allowed: spread limit, over no trade will be open
- Max Orders: Max number of orders at a time
- Rsi Lower Level: Rsi Lower Entry Level
- Rsi Upper Level: Rsi Upper Entry Level
- Rsi Periods: Rsi Indicator Periods
- Rsi Applied Price: Rsi Indicator Applied Price
- Rsi Timeframe: Rsi Applied Timeframe
- Fast Atr Periods: Fast Atr Indicator Periods
- Slow Atr Periods: Slow Atr Indicator Periods
- Atr Timeframe: Timeframe for both atr indicators
- Take Profit: take profit for orders
- Stop Loss: stop loss for orders
- Trade Comment: comment for a trade
- Enable Buy: Enable Buy Trade
- Enable Sell: Enable Sell Trade
- Enable Fixed Trading Hour: if true, change from recommended trading hours to your trading hours
- Fixed Start Hour: hour for start trading
- Fixed Start Minute: minute for start
- Fixed Stop Hour: hour for stop trading
- Fixed Stop Minute: minute for stop
- Enable Bars to Close: Close trades after a fixed number of bars
- Bars to Close: number of bars for close a trade
- trading days, if true, enable this day for trading orders
- Recovery mode: enable recovery mode, so the Ea try to recovery fast the loss
- Recovery Factor: lot*this amount for recovery (high risk involves for recovery mode)
- Enable Trailing Stop: Enable Trailing Stop
- Start only in Profit: Start only if Stop loss is in Profit
- Trailing Stop in Point: Trailing Stop in Point
- Trailing Step in Point: Trailing Step in Point
- Change Chart Color: Change Chart Color in Scalper Pro Colors
- Show Panel: Show trading panel of the EA
- Show Error: Show error messages if something is wrong
For other questions, please contact me!
Video
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Filter:
Haseeb Mazhar Ali
2020.12.12 14:41
#
Hi Michela, I purchased Reindeer scalper pro. I already have the panther i will send you personal PM later for the free EA. I did back test from 2017 to 2020 using tick data suite 99% with variable spreads with 0.1 fixed lot and the results are very good with EURUSD best, followed by XAUUSD and GBPUSD. Please include news filter in your next update. Will need to see how it perform in live maket.
Johyandi Lukmana
2020.12.13 20:13
#
First EA purchased. Backtest a lot and satisfied. Hope it can be as good in real.
Agung Budi Hartanto M Eng
2020.12.14 22:49
#
Purchased Reindeer. Look great at back test. Will try use it....
Let me write a sincere review. Well, I have 6 EAs from Michela Russo and I'm not a masochist :-D So it means that they are good. A lot of them with a similar structure: take a generic indicator (MACD, CCI,LWMA, you name it...), add a good entry and exit algorithm, put a Risk like 5-10 times the reward, maybe a martingale and you will have a good or excellent EA. Some of them in M1, other in H1. Michela's EAs require that you know very well how to deal with Risk Management. Good support. Allow a couple of days for the Author to reply to your questions. A couple of telegram groups, but not so moderate as it should or could be. EAs have still room to be improved. For example, I don't find a news filter that is pretty important in a scalping process and Manuals/Explanations are pretty weak, tbh, making these EAs NOT for noobies. For example, no explanation about the recovery process and its parameter. EAs prices are constantly increasing. I hope it is good for the author, but I would expect some improvement in the meantime... I would suggest Michela stop for a moment to produce new EAs and improve the existing ones. And remember, Jeffrey Epstein didn't kill himself! Peace!
Topomoto11
2020.12.17 14:40
#
Great product, Excellent product, has a very remarkable risk / reward ratio and excellent management of open positions with a very low dd. Congratulations to Michela
Haseebsh88
2020.12.29 18:45
#
So let me be very honest, I did a back test on tick data suites for 2 months on EURUSD and then for a year..and then i backtest for 3 years and then 10 years..This ea has given mind blowing results..Im gonna use this for the rest of my life..The beauty of this is, if it hits 20 TP's, It hits 1 SL...The strategy is so freakin strong..That its next to impossible for the market to reverse..I love the strategies behind this ea and specially the Author's support..Its amazing!
Manuel G Fermasis
2020.12.31 02:47
#
I am happy with the results using this EA. Thank you Michela you are the best.
I just purchase EA - reindeer scalper, demo test is good, now testing on real acc. hope to get my free EA (falcon scalper ) soon
PIYANUCH LIMSIRISETTAKUL
2021.01.06 02:29
#
The backtest is great,High win rate, Just start the Live account
Daniel TUNG
2021.01.02 07:57
#
Bought and Installed Reindeer Pro before new year. Conducted some back testings, the results are really AWESOME!! Amazed with High Winning Rate and Low Drawdown... Looking forward for going LIVE... and will explore other EA from Michela... Thank you !
SkystheLimit 986
2021.01.05 16:55
#
Promising EA.........as opposed to other developers, Russo has put some serious thought into her strategies.........it is certainly no over-simplified approach........
EDIT 06/01/2021: For now I have to decrease to minimum stars, since the EA is down on all three pairs (live trading). If it recovers, I will increase the rating again.
Adàm Lipskis
2021.01.10 19:57
#
First EA in ly life purchased. Backtest satisfied. Hope it can be as good in real. Thanks
I am rating the EA from 01/01/2021 until now and it made 27 trades in gold. Of these, 5 were loss and 22 were profit. And since a losing trade is only balanced again with 6 winning trades, my account is still in the drawdown. Therefore I give the EA 2 stars. The back test was better than the real trade now, but I will give an update in 2 weeks and then maybe give more stars.
mondayrebel
2021.01.11 21:44
#
3stars for now as only 1 trade in 2 days. https://t.me/joinchat/FkKQEFOaqkCW8uW2 ive created a telegram chat for people who have purchased so we can discuss the EA. Please join.
Petr Gromov
2020.12.26 08:54
#
BT looks fantastic )
Trade about two weeks and for now little minus XAU and plus for another pairs.
Roberto Dell-
2021.01.13 22:33
#
I am happy with the results using this EA. Thank you Michela you are the best. Thank you so much.
Had the scalper running in the live account in this short week, that's too short for long-term statements. It looks promising in EURUSD, GBPUSD. Currencies can also run on an account at 1:30, but the minimum deposit should then be more than the recommended $ 100. GOLD ran too little this week with an unsuccessful trade, but time will tell. Should something new arise, then I will correct this assessment.
13.01.2021: Slight differences in the result for different brokers, neutral overall, possibly a slight profit.
Hoburger_888
2021.01.14 11:30
#
I purchased this EA at the end of December, 2020. Currently running on live account since January so far made $302. Really please with it so far. Currently running on GBPUSD, EURUSD, XAUUSD. Hopefully it will continue be profitable.
Tapio Koskela
2021.01.14 17:35
#
backtesting seems promising, but we'll see how it will perform live.
Marcin Pakulski
2021.01.15 23:02
#
15th of Jan 2021: I've been using this EA since 7th of Jan 2021( GU and EU 0.01 lot). Until now the brought me 8% ROI.
Wing Yeung Kwan
2021.01.16 12:19
#
Just bought this review will review the 5 star rating after live test for 2 months
I had ran this EA for a month now. Although the back testing seem really good. The live result is pretty bad. the default setting is set for 200 tp and 1000 sl. Meaning it would need at least a 6wins and 1 losses to be slightly profitable. if you calculate off commission, 6 wins will give around (200x6)-(10x6)average commission = 1140 pips. 1 loss = 1000 + 10 = 1010 pips. A 6win 1loss scenario will give you a profit of around 130 pips. Here is the problem, this EA seldom trade till the condition are met, however when it goes into trades, it tends to enter back to back per candle doing some sell and buy at the same time. This has happened 3x over the 1 month of running this. Sometimes it places 3buy, 2 sell, others could be 5 sell, 3 buy. Yes it would be great if all the trades are profitable. However because of this, I tend to have only slightly above average win rate, which result in a net loss overall. Don't waste your money getting scammed by this robot. The script it probably coded to show nice result in backtesting but not for live trading. Or you can buy for yourself if you are willing to throw $500 USD and still loss in trading. Absolutely disappointing.
Version 2.0
2021.01.14
Algorithm update
Preparation for recovery set files
Preparation for recovery set files
Version 1.50
2021.01.07
- fix minors bug
Version 1.10
2020.12.19
Adaptations 3 digit broker for gold
very reliable!