Punisher Scalper EA is such a new trading solution that works on Forex and was released on September 4, 2021. The developer is Hemza Barour. The system received the last update several days ago on October 03, 2021.
Product offering
We have some details and other useful settings explained and systemized in the list for your comfort.
- The advisor was designed to help us to work with Forex automatically.
- The current price is as low as $200.
- The next will start from $300.
- The last buyer can purchase the system for a current price.
- The system has a 4.0 version.
- It uses “an advanced search and breakdown mechanism for local extrema.”
- It doesn’t work with Grid, Martingale, and other risky strategies.
- The robot trades with Stop Losses only
- The expert advisor was tested on the data from 2009-2021 years.
- The spreads were real as well.
- Commissions and slippages were taken into account.
- Traders are clovers with Stop Loss levels.
- There’s spread and slippage protection applied.
- We can trade EURUSD, USDJPY, GBPUSD, and XAUUSD.
- The time frame is M30.
- We have to test it on a demo account first.
- We should run it on a VPS service.
- An ECN account is a must.
- The balance should be from $100.
The system is available for $200 for a lifetime license. We have no rental options provided. The offer allows us to download a demo copy of the system for free.
Trading strategy
- The robot works with a breakout strategy.
- We can trade EURUSD, USDJPY, GBPUSD, and XAUUSD.
- The only time frame is M30.
Trading results
The robot didn’t receive backtest reports to convince us that the system was tested properly before being sold. We don’t know details about what challenges the system faced in the past.
The dev decided that demo account trading results are enough for us. They are not. Only real activities can convince us that we’re safe with the system.
The robot has been working on a demo account on Tickmill automatically with 1:500 leverage. It receives data from the MT4 terminal. The account has a verified track record. It was created on April 25, 2021, and “deposited” at $100. Since then, the absolute gain has amounted to 37,770%. An average monthly gain is 196.71%. The maximum drawdown is 53.29%.
We have some statistics analyzed. The robot closed 575 orders with 5048 pips. An average win is 27.64 when an average loss is -5.22 pips. The win rate is low – 46% for longs and 38% for shorts. An average trade length is 13 seconds. The profit factor is 2.54.
The most trades were executed on GBPUSD, 163 orders when the most of the photos were obtained on XAUUSD – $29,185.
The robot focuses on the European trading session.
The system trades Wednesday ahead of other hours.
The advisor works with high risks. For losing 10% of the account, it has to lose 51 orders in a row.
The system trades with various lot sizes and this can set the account at a higher risk.
The advisor closed months with absolutely wild profitability. It’s not a professional move.
Customer reviews
The account has only several testimonials written about how the system works but they don’t look trustworthy.