NeonScalper

After a good backtest results. They are really good. With the support of Jorge I felt really comfortable as a starter, to give this EA a go. For now the EA is running on a demo account, I hope in a week or 2 that I can share some more good experience.

Very nice Ea backtest and real trading is the same , most importantly super nice author :)

After the last update, there are less entries but more precise, a lot of potential on it. Good support from the author, answers really fast

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I believe NeonScalper is an excellent product overall. I'm grateful to Jorge for bringing such a wonderful product to the market.

1. Strategy

Given the high volatility of the gold market and the effectiveness of technical analysis, the line break approach is a powerful strategy. I believe it's implemented with high precision in analyzing lines and skillfully trailing profits by capitalizing on volatility. I also appreciate that line breaks are an immutable psychological-based approach, making them effective long-term. There are several impressive aspects, but what I particularly liked were the stable backtest results over long periods, low drawdown, and ease of setup. With high precision in line analysis and optimized risk management, it achieves low drawdown and I believe it has potential for use in prop trading as well.

2. Live Trading Although

I've only had it for about a week, Jorge provides set files tailored to the broker being used, which makes setup completely straightforward and very reassuring. I'm running it on 2 brokers with 4 total settings (2 default, 2 for high-frequency trading), and the results are basically the same as the backtests. There may be differences between brokers, likely due to spread impact. Personally, I recommend IC's low spread account. I'm running it with extremely high risk based on the backtest DD values, and achieved 27% profit with 4.4% DD from 8/14-8/21. I have high expectations going forward.

3. Developer

Jorge is dedicated to development and is a trustworthy person based on our message exchanges and his generous support.

He graciously responded to my modest feedback and consultations.

I plan to update this review after several months of operation.

I have been using this EA for about 4 weeks (20 trading days), during which it executed 20 trades, and all of them closed in profit.

What I really like about this EA is that it doesn’t trade excessively; instead, it focuses on delivering solid and reliable profits.

The developer is very kind and dedicated — he even took the time to adjust the settings specifically for my broker, which I truly appreciate.

I believe this EA is worth using in the long term. Since no EA can win 100% of the time, managing risk properly and being prepared for potential losses will make the overall results very satisfying.

I look forward to using it longer and sharing another update in the future. Thank you, Jorge!

The reason I downgraded the EA is because it's a scalping EA, so results will vary depending on the broker. The attached image (version 1.7) shows the difference in recent trading results, but the results are quite different between real trading and backtesting. (I've posted the image in the Comments section.)

The red circles indicate wins in the backtest and losses in real trading.

The broker is an ICMarkets raw spread account.

Since trades like this occur repeatedly, the win rate in real trading will be lower and the results will not be as good as in the backtest. I realized this and downgraded the rating. Even if the backtest had a win rate of 75%, real trading was around 55%, and the losses were greater, so the profits were negative.

The downside of this logic is that because it's a scalping technique, it's difficult to make a profit with a broker or in real trading. I'm not rating it emotionally.

If anyone knows of a profitable broker, please let me know.

Thank you.

The reason I'm sticking with 1.7 is because of profitability. With 2.0, my trading volume has decreased significantly and my profits have plummeted. It feels like it has become an entirely different EA. My ideal would be to be able to make a profit with the 1.7 version if possible.

As the author, I'm sure you're unhappy about the lowered rating, but it's not malicious, so I will return it to a positive rating once it starts to make a profit. The author said that 1.7 is also an excellent EA, so I hope to make a profit with this EA.

P.S.

My account went bust today with 1.7.

I still haven't traded with 2.1. It's a very boring EA.

To me, it was just garbage.

The EA is really nice and its been profitable back to back ... and the author is a very nice guy ... he will always attend to you as quickly as possible i love it

Author is amazing. Created a set file for my specific broker.

Bought the EA 5 days ago and it’s performing exactly author described . During those 5 days , the ea took 28 trades and only 2 trades was sl while other was in profit. Even tho yhe profit was low but the amount of winning trades is very high cuz of the trailing sl that secure the profit . And the support is very good , fast and reliable,no bs . I like how the ea has good risk management, no high sl like many other EAs in the market. Lets see how it does this coming weeks

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This is an irresponsible author. The existing EA is not optimizing, but releasing new EA to make money. The existing EA turns a blind eye to losses, has no professional ethics, and does not respond to information.

Good EA so far. I live trade it already. The autor is very friendly and answers fast. I will update my reviews in 2-3 weeks.

First tow trades profitable,backtest is great,worth it!

I purchased the EA. The author, Jorge Luiz, helped me with a problem in my backtesting. He was incredibly generous and helpful, and solved my problems. The EA paid 50% of the purchase price in one day. Please continue improving the EA. Thank you.

I have purchased this EA and have been running it for a few days and I think it is a great scalping EA.It has been profitable with little stress.I have high expectations for the future. Also, the author is quick to respond to requests and resolve them.I can trust them.

I purchased it today. I asked the author a question, and he kindly answered it. I have traded three times since purchasing it, and all three times I made a profit. I am looking forward to the results. I will try the demo for a week and report the results again.

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Really good EA, bought few days ago, having good results thus far, I will update few days later, worth the price