Reindeer Scalper Pro MT5

Using on a live account performing well.

EA does its job. RR ratio of the standard settings are to high but can be adapted.

Only good for backtest. That's it.

I am very happy with the product, so far it has done its job. Advice.

The EA is doing good. 👍

It is a good EA ,Very good results in back test.

Excellent EA, runs great on the pairs it advertises, it is also helpful to adjust the risk and stop loss/take profit according to your trading rules. I have found it to be highly accurate and highly profitable in the backtest, and looking forward to replicating those results in a live account.

just another scam.. don't be stupid and running behind Reindeer.... after one month lost more than 40% of balance ,now I trying manually recover my account..

DONT BUY THIS EA, YOU WILL ONLY LOOSE MONEY! JUST FAKE!

レビューとバックテストがよいので買ってみたが、抱き合わせでフリーソフトを売りつける手法で5スターをつけてもらうやり方。実際のバックテストは評価高いが、リアルアカウントはあまりよくない。１：５のTP:SL比設定であり、実際買いすぎポイント、売りすぎポイントで買い売りを仕掛けるのでかなりの確率で追加買い、追加売りを仕掛けてくるので、恐ろしい結果になる。これはFX初心者するようなオーダーをしあっけてくるロスをする前に手控えあるいは破棄して、地道なステディなEAを組み合わせるのがよい。

2021-02-19: 3 more SL this week, it will take ages to recover all the losses. Be aware...

2021-02-12: I lowered the rating to 3 stars. This week the EA got too many SL (3 on EURUSD, 1 on XAUUSD), all the earnings of the previous week are lost. This never happened in years of backtest...

Also the new set files are very dangerous, TP has modified from 20 to 15 PIP and SL from 100 to 200!!!! In case you hit a SL, it will takes ages to recover it. I backtested them with very poor results.

I'll still use the old set files and I'll post an update the next week.

2021-02-08: I did a lot of backtests and all the results are absolutely impressive! I started using it on a real account from February 1 on EURUSD and I got 15 TP and 1 SL (using both strategies). Today I added GBPUSD and GOLD, I'll post an update the next week.

I have started using this EA on a $2k real account on 28/12, and have so far had 3 trades in EURUSD and 1 trade in GBPUSD, all reached TP! No losing trades. I decided not to use it for gold since gold appears too volatile for this EA in backtesting. Could be because of the major gold volatility this year though. It looks like a very useful tool to add to your set.

Edit: I've now had 52 trades between GBPUSD and EURUSD hitting the 200 point TP, and 2 trades hit the 1000 point SL. Great profit so far!

Feb 19th Edit: I've now had 2 strings of 3x consecutive SL hits, and plenty other random SL hits, it's taking a lot of the profit away, getting much fewer TP hits.

demo account performed poorly

BASURA POR AHORA... AQUI EL UNICO QUE GANA ES EL DESARROLLADOR...

ES COMO ABRIR OPERACIONES POR ABRIR Y EN UN GOLPE DE SUERTE TE TOCA EL TP

FEB 17 2021 UPDATE: I have updated my rating from 1.75 STAR to 2.0 STAR as follows:

+.25 STAR MY PUBLISHED RESULTS: are now being posted my on myfxbook, still waiting for author to post their MT5 results

You can now follow my real account trade results here:

https://www.myfxbook.com/members/albertaguy/realusd01-88059185/7927841

System: Reindeer Scalper Pro MT5 V3.0

Trading: EURUSD only

Settings: Autolot = True, Risk = 1.5, all other settings default

*********************************************************************************************************

FEB 13 2021: I will update my rating as my live trading results can be compared to back test and to authors myfxbook results over the next 4 weeks My current rating is 1.75 stars but because cannot choose partial starts i cannot give it 2 stars yet. My rating is based on the following:

+ 1 STAR BACK TEST RESULTS: very impressive but need to be verified by live trades and signal comparison (see below)

+.5 STAR EASE OF USE: it was rather straight forward until V3, but V3.5 added new settings that the author has not explained how to use

+.25 STAR DOCUMENTATION: more explanation is required of how settings work, publication of recommended sets by version for each of EURUSD, GBPUSD, GOLD

+ 0 STAR AUTHORS PUBLISHED SIGNALS: Author has not posted MT5 V3+ signal or myfxbook results for EURUSD, GBPUSD OR GOLD

+ 0 STAR MY PUBLISHED RESULTS matching back testing and authors signal results

SEE BELOW 17-02-2021 UPDATE Great Backtests , it looks very promising. I just started on real account 2 days ago on Eurusd and Gbpusd only because i was skeptical on the up and downs of Gold based on backtests, for the moment it's a winner over 10 trades, 9 trades hit TP and 1 Hit SL. Hope this will follow this path.. Update 21/01/21 : Almost after a month on live account the EA can make regularly great profit and trades often, I started using it Gold also. I just can't exactly evaluate it's % so please stop pm'ing me for information. XXX==> 17-02-21 UPDATE : Unfortunately many losses and most of profit got away after working great in January... The holy Grail was today's sell Gold Position at 1791,67 that went straight to a stop loss ( i cut it before it goes there hopefully but killed all my profits). I had to baby sit many positions during the last weeks as it was opening Buy and Sell positions at the same time in EURUSD and GBPUSD.. I wonder why this EA works this way .. maybe it hopes for a retracement but taking the latest DXY price action things are getting mad easily on markets.. i unfortunately lost trust in it after a month.. too bad it started well

backtest looks good but the real excecution encountered 3 straight SL and 1 TP. no rating for now because just started.

Reindeer Scalper Pro is at discount Price only Today, at 60% of the Original Price! (target price $1499)..... RUN People before it goes UP!!!....Notice how the Author only replies to the good comments.. O yes hello how are you. Thanks for your comments bla bla bala...READ COMMMENTS FIRST!!!!!! This maybe the holy grail but just the fact that the Author cant publish a signal and has all the excuses in the world leads me to wonder.... so far all live trades are matching backtest???? BUT still why no signal...These people make so much money and leave it up to people like me and others to share out results with everyone instead of doing it them selves with a live signal.... I mean I thought it was a minimum to have a signal but apparently not!!@ Come on people, rate this product accordingly. If its good for you then show your results, if its not then still show your results. As the author will not show theirs.

need to wait a bit longer but it's can be promising

Running the EA since January 2021 on a real account on EURUSD. Even if the up to 10 simultaneous trades in different directions seems to be a bit crazy, it works well so far!

Purchased product trades good so far but waiting to see long term results for 5* :)

EURUSD has suffered 5 consecutive losses with a stop loss of 100 points. I have already doubted the actual utility of this EA, because so many consecutive losses have not occurred in the historical 10-year test. The actual results and test performance It is not the same. I have reduced the position and updated the product rating to 3 stars. If the loss can be earned back in the future, I will update the rating again.

2021.2.16 update

I have begun to lose confidence in this EA Because of some bad trading results on the real account, the author reduced the price of this product. It can be seen that the author is not confident in this EA, and it damages the rights of users who purchase at a high price. Request a refund of the high-priced purchase part.

If the results of the backtest are true, there is no need for the author to do these things, such as price reductions, such as advertising promotions, and no TM messages are returned. Obviously the results of the backtest are completely different from the real trading results. I don’t know how the author is Delete the bad transaction results of historical data, but all the signs indicate that there is deception. Consumers should be careful not to be deceived by the false results of the backtest.

If the author thinks he is professional and is responsible to consumers, he should fix EA's problems seriously and refrain from falsifying things. I hope that the author can be responsible for consumers and for his own products, and hope that this EA will perform well in the future and make up for the loss. Based on the 20-day real account trading results, I lowered the rating to 2 stars.

vey good ea, very good support

Will update my review if their is any new, but actually the EA is not in profit.

I run the EA on EU and GBP since like 20 days and here are my result :

EURUSD : 20 TP / 4 SL + 2 current running in strong negativ.

GBPUSD : 6 TP / 3 SL. Remember the RR is 1/5 so you need 5 TP to cover 1 SL.

So actually we need 9 TP to BE if we don't considere the 2 running EU, if they hit SL we will need 19.

Very good results on back-test , but so far on real account in two weeks 14 Take profits and 4 Stop-loss which means losing money quickly

Fantastic bot

I'm using this EA since 10 days. So way to early to make a real Review. Backtests are (too) good. I even checked via backshifted backtesting, if there's something hardcoded. This isn't the case. What I don't like is the crazy TP-/SL-ratio which isn't even the best setting via backtesting. Dev seems not to be open minded regarding improvements so far. Way of communication of dev is improveable. But maybe it's just my subjective feeling. Live performance is not so good so far and way different to backtests. In summary I'm a little bit in minus because of GBPUSD. So 3 stars if performance got improved and Dev stops spamming his product offers in comment section, 4 stars if Dev is improving communication and 5 stars if Dev is providing a live signal of all of his products. It's a long way so far from my point of view. Ps.:@Community I'm Reviewing this EA critical, because here are so many weird and overwhelming Reviews just on backtesting base. Pss.: @Dev Don't take it personal, more as a motivation of changing some processes and improving transparence.

I have been using the Reindeer Scalper Pro MT5 for two months in a real account, so far only for EURUSD pair, and so far it is generating a 9% monthly profit with a small drawdown down of only 5%. I definitely recommend this EA, its risk/return ratio is great.

This EA was my best Forex investment ever so far. It generates steady profits and, most importantly, brings safety and peace of mind. Thank you very much for the great work, Michela.

profit -500 in 2 weeks thank you

This EA is not wirking in live account and in the market at the moment ! The Market has been changed!

In the BT, the EA is extremely stable. In the long-term tests, the important DD naturally becomes very blurred. How it runs in life remains to be seen. I use it on a demo account and could see on GBP/USD on 2021/02/04 that 4 trades were traded in the wrong direction and failed. Trigger was the NTP data, so it would be advisable to keep an eye on the news and not exclusively use full auto. This can also be retested afterwards via BT. I will test regularly and adjust my review.

BIG DD

this is a scam and you will lose money if you buy it, i bought it two weeks ago and i have been running it on EURUSD and GBPUSD and i just lost 20% of my account even though in the backtest the most lost in the last 10 years is 5%. SCAM SCAM SCAM !!!!

I think this is first step on The road to success

The EA has now been running for 3 weeks 1x live and 3x demo with different brokers. The results are almost identical. Of course, one should not just let this EA run, the economic data should also always be taken into account, so I switched off the live account on 04.02.2021 from 12 o'clock and switched it on again at 18 o'clock. In the demo accounts, 3 trades were opened in the GBPUSD with "SELL" and all went into the red. Otherwise, I can only report positive things about the EA. The future will show what the EA really brings. Therefore, I give it 4 stars for the time being. If it turns out that the EA reflects the results of the backtest, then I will give it 5 stars.

works good

I've bought the EA last week and have been running it on my live account for 1 week and below are my results in terms of my overall equity. Monday: +1.2% Tuesday: +0.5% Wednesday: 0% Thursday: -1% Friday: 0% So overall after a week on the live account, I broke even with no gains or losses. I know that it is too short to see the actual performance but I do believe that this EA will perform decently in the long term. Will update review after running it for at least a month

Good result on real account so far. リアル口座で今のところ良い成績を出せています。

Backtesting looks really impressive. Just bought the EA and am waiting for my live account to open and will let everyone know how it goes =).

Ran it for a week, so it might be too early to review, but it trades in a strange way, like buying and selling at the same time so if there is a trend one (or more) stop loss will hit. I've only been losing. Also, free EA when you post a review, a simple quote of the purchase ID on PM should be proof enough of purchase. I stopped running it for now. Also, no signal... why not???

Basically a scam, BT are FALSE, don't FALL for THIS

Dear Michela, i have tested reindeer with TDS v.2 in EURUSD pair, telling the EA that the pair to test is EURUSD.

EA made a nice profit Backtest.

later i tested the EA telling the EA that it was GBPUSD pair, but the real data was EURUSD, and the EA lost only:

Since i used the same settings, same period, same data how to you explain this ?

Purchased for half months, it works and waiting for the results of running in a live account.

However I suggest the author to add news filter, also no real account signal to compare the trades opened by the same EA from author.

Советник окупил себя за 2 дня!!! Ставлю 5 звезд!!!

I just bought and the backtest is really impressive, will try in real account and let you know! Thanks!

Looks promsing in Backtesting - however no real Account experience.

Backtested it and worked great. Using it now on real accout for 5 days and profits keeps accumulating. Great EA on my opinion, and Michele is very responsive and helpful...

I'm testing in my account, EA works very well. Good Performance in EUR/USD. I am appreciated it. Highly recommended Thank.

Join Daniel Jamal Lake "Not impressed so far, just bought it and sitting in back to back" perfect losses "on GBPUSD and XAUUSD where it sold at the exact bottom." I bought at the bottom and the price went against the buy ,,, as a result, the stop loss was triggered and a big loss

Had some lost on GOLD, the other 2 are fine

Backtesting was impressive, easy to use and understand. Currently testing on EURUSD in a demo account, too early to say if it will match my testing but so far has made profitable trades with minimal drawdown

Nice one

good job! very good ea.

The backtest results are really amazing. When I called the EA I was unlucky to take the first stop of the month, because according to the backtest the robot made almost 40 entries and all take. Without a doubt I will recover soon, because in fact the EA has great potential.

Great stuff

Works well, highly recommend

Still testing, so far looks fine.

Works fine.

So far so good.

Works well, recommend 5 stars

Very good backtest, I tried on demo and it just worked fine, so I passed to real account quickly. The results so far are stable and good. It gives me a sense of security knowing that it has stoplosses.

5 Stars- Reputation followed by consistent performance. Test on multiple brokers as all are not the same. Great EA. Highly recommended.

Nice EA with good results in backtesting. Running on real account.

Showed good results in backtesting. Currently running on real account.

Nice EA and backtest is good. Will run live to see how it performs.

for the moment is good

looks really good from the strategy testing, will use in a real account now and update when i have more results

Backtests seems very promising. The property page is very well organized and easy to navigate. Well done!

Stable and profitable. Very nice author, thanks!

very good ea

Back tests are excellent. The result of real acconts are very good, as well.

Good EA. Thank you.

I have this robot operating since 28.12. on all three pairs. Got good results with the currencies so far. XAU had a lot losses. I will keep testing on my live account.

Edit 25.01.2021//

Made profit of 2.668 pips by now.

Been running Reindeer for 3 weeks on EURUSD, and so far I've had 100% win rate (about 15-20 trades total). I have added GBPUSD and XAUUSD to the mix this week.

All strategy testing looking good, fingers crossed :-)

Good EA!

In account live Now! Speriamo riproduca i risultati del backtest ..

EDIT: 24/01 al momento non ha sbagliato un colpo! Sono davvero contento di questo EA

very nice EA, so far all winning trades, recommended..

great EA! very impressive

nice EA! Thanks!

very nice EA :)

matches the backtest

Best EA that I used, easy to setting and an excelent backtesting results, running on real account now to see.

Good EA to use

Habe vor 3 Tagen den robo gekauft . Er funktioniert aber nicht im realkonto. Habe den Entwickler geschrieben der konnte bis jetzt nicht helfen. Schade Geld umsonst ausgegeben. Besser Finger weg ,macht mich schon traurig.

Hallo wir haben jetzt 4 Tage alles versucht und neu installiert ,jetzt funktioniert es ,danke

die resultate sehen wir ende der Woche ;

Now I'm testing in real account. Good EA. Thanks.

I have been watching this EA for a while, I purchased recently and am extremely impressed with the ease of use. EA is performing very well in backtesting. Very professional and user-friendly interface

Looking great so far!

Great Product working well so far.

My first purchased of EA. Good for back test, waiting for the real result! (:

UPDATE!! Already got profit on live account. Super!!! XD

So far so good.

Acquistato da poco i risultati del backtest sono buoni attendo i risultati sull'account reale vi aggiornerò.

Currently working in live demo account. Backtests results were super profitable. EA works as expected with no problems.

Currently in the live account demo

good performance in back testing

Good performance in back testing. Still monitoring performance in live account.

back test is very good!!

Very great EA. Amazing. Thanks the authors.

Good EA. Thanks!

Works well so far and backtesting looks promising

Backtesting looks very good. Will start live trading to see the result. thanks

Hello! I started testing yesterday and today I had my first order, so far it works very well and looks promising. I will test for a few more days before going to the real account and as soon as I have new results I will update with more details.

back testing is very promising! nice job!

購入させて頂きました。 さっそくリアルアカウントで運用を開始しています。 実際にトレードは動いていませんが、彼のEAは非常に優れており、 シグナル購読もさせてもらっていました。 これからの結果が楽しみです。

Works well, recommend 5 stars

I'm testing in real account.

Michela's EAs look promising.

User didn't leave any comment to the rating

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.

I have already been able to achieve really amazing results in gold in the backtest. The EA makes a small fortune out of the €100 starting capital. With this EA, you have made traders with very small accounts very happy. I would like to thank you for that

Good EA, Continuous testing

So far everything is great! And first profitable trade is closed on real account.

Good EA. The backtest results were good, so I started running with a real account. Expectations are high because there are few scalping EA that can be used with XAUUSD.

Very good results in back test. I'm going to run it on a real account..I will update my review, after I have tested live.

I've already backtested it with very promising results! Fantastic