Zen Scalper EA is a Forex-related trading advisor that has a several pages long presentation. The devs claimed that “Zen Scalper EA: No Delay, No Hassle, No Missed Profits. Get Best Profits with Zen Scalper EA.” It’s hard to believe in it blindly.
Features
There are several features named. Alas, we have a few explanations about them.
- Zen Scalper EA executes orders absolutely automatically.
- The system can bring significant profits in a short period of time.
- The profits should be consistent and reliable.
- We can expect that the system closes orders in a profit.
- We can expect to get up to 100% accuracy.
- The system can bring us the results we set for trading on Forex.
- There’s 24/7 live chat and email support provided.
- “A 100% Hands Free System, Quick and Easy to setup, Extreme Execution Speed, no external files required, Stay connected 100% of the time and “Trade” while you are working, sleeping, traveling.”
- The dev claims that the advisor is able to provide low-drawdown trading.
There are three various types of packages: renting, subscribing, and purchasing a lifelong license. The subscription costs $59 a month. We can use their referral link, create an account, and deposit it at $3000. The lifetime license costs $249 for a copy. There’s a 15-day refund policy provided.
How to start trading with Zen Scalper EA
- We should purchase one of the packs.
- The account on MT4 or MT5 has to be prepared for trading.
- We have to attach the system and let it go.
Backtests
The robot was tested on one year of tick data. The absolute gain was 2466.39%. An average monthly gain was 37.32%. The drawdowns was 34.28%. It executed 2093 trades with 2154.6 pips. An average win was 6.90 pips when an average loss was 9.79 pips. The accuracy rate was 64-65%. An average trade length was 58 minutes. The profit factor was 1.77.
Bth long and short directions were traded equally.
The trading activities during the week look smooth.
It managed to close all months with profits.
Verified trading results of Zen Scalper EA
The advisor has been running a real account on FBS automatically with 1:500 leverage on MT4. The account has a verified track record. So, the data should be relevant. It was created on October 25, 2021, and deposited at $7,376.30 Since then, the absolute gain has amounted to 226.75%. An average monthly gain is 104.58% with 14.66 drawdowns. If the drawdowns are lower than 20%, they can be acceptable. The account is tracked by 21 traders.
There were 311 deals traded with 1821.6 pips. An average win is 10.49 pips when an average loss is -8.47 pips. The win rate is 70 for long and 81% for short trading directions. The profit factor is 4.41. It’s a good one.
We have only GBPUSD traded where the directions are worked equally in profits and trading frequency.
The advisor works with different lot sizes that can be treated as high risk trading or Martingale. There’s a Grid of orders applied as well.
The system is too young, so it’s hard to predict how everything will be going on.
People feedback
The presentation and other sites like Forex Peace Army and Trustpilot don’t have testimonials written about how the system works.
Review summary
Advantages | Disadvantages |
Trading results shown | No risk advice given |
A backtest report published | Grid and Martingale strategies on the board |
A 15-day refund policy applied | No people testimonials published |
Zen Scalper EA is a trading solution that works with a Grid of orders and Martingale. The main strategy is scalping. The system is several weeks old, so we don’t know if it will work stable for the next half a year.