Punisher Scalper EA is a just-released trading advisor that was published on September 4, 2021. The developer is Hemza Barour. There are several updates that occurred when the last one was on October 03, 2021.
Features
Let’s talk about features and other details that are important to be mentioned.
- The system was designed to execute orders for us completely automatically.
- The price is still $200.
- It will grow to $300 at least.
- The current version of the advisor is 4.0.
- It works with “an advanced search and breakdown mechanism for local extrema.”
- The advisor doesn’t use Grid, Martingale, and other strategies that set an account at higher risks.
- It works with placing Stop Loss levels.
- It was backtested on 12 years of tick data.
- The spreads were real.
- It took into account commissions and slippages.
- The system has spread protection.
- We can work with EURUSD, USDJPY, GBPUSD, and XAUUSD.
- The time frame is M30.
- The system should be used on a Demo account only.
- The robot should be used on VPS.
- An ECN account will be a good addition.
- The balance should be from $100.
We have an offer where the only price is $200 for a lifetime license. The dev doesn’t provide us with a refund policy. There are no subscriptions at all provided.
How to start trading with Punisher Scalper EA
We have to use the system on a real or demo account. We should purchase it first. The advisor must be attached to a proper chart. It should be used on VPS and ECN.
Backtests
The presentation isn’t featured by a backtest report that should have told us how the system worked on the past data. There should have been win rates, drawdowns, and the absolute gain revealed.
Verified trading results of Punisher Scalper EA
It’s good that we have the trading results shown. It means that we can check how the system handles current market conditions. The system has executed orders on a demo account only. So, the devs risk nothing. The leverage is 1:500. It received technical indicator data from MT4. The account has a verified track record and verified trading privileges. It was created on April 25, 2021, and “deposited” at $100. Since then, the absolute gain has become 100,755%. An average monthly gain is 234.66%. The maximum drawdown is 53.29%. Fifty-six traders check trading results.
The advisor traded 604 orders with 5753 pips. An average win is 29.32 pips when an average loss is -5.33 pips. The win rate is low – 46% for longs and 39% for shorts. An average trade length is 17 seconds. The profit factor is 3.29.
GBPUSD is the most traded pair with 171 orders traded. Most of the profits were obtained on Gold, $78,918.
The robot works during the beginning and closing of the European trading session.
The advisor works with risks that can be treated like medium. There’s an 18.66% chance to lose 10% of the account.
The advisor works with an impossible low win rate. We may note that the system tries to measure where the market goes by placing short orders.
The advisor works wildly and the trading results aren’t relevant.
People feedback
We have several positive testimonials written about how the system works. We don’t know if these reviews are real.
Is Punisher Scalper EA a viable option?
Advantages
- Trading results provided
- Common pricing for a scalper
Disadvantages
- No risk and money management advice given
- No settings explanations provided
- No backtest reports provided
- High-risk trading
- Only demo account trading results
Review summary
Punisher Scalper EA is a high-risk trading solution. The developer didn’t decide to work with it on a real account. We have only scary trading results from a demo account. There are only several testimonials written. We don’t know if people make money with it for real.
