Forex Robots

Punisher Scalper EA Review: Works With Low Drawdowns

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Punisher Scalper EA

Punisher Scalper EA is a trading solution that could be found on MQL5. The system doesn’t look trustworthy because of the low win rate and demo account trading.

The dev’s portfolio

The dev’s portfolio

There are only two products in his portfolio.

The devs’ profile on MQL5

The devs’ profile on MQL5

Hemza Barour is originally from Algeria with a 516 rating. There’s a 5 stars rating based on three reviews.

Punisher Scalper EA strategies and tests

The advisor has explanations written about how it works and what features it has.

  • Punisher Scalper EA executes orders automatically on the terminal.
  • A copy of the system cost $200 a week ago.
  • Now, the price is $125.
  • He insisted that the price keeps growing up to $300.
  • The advisor works with  “an advanced search and breakdown mechanism for local extrema.”
  • It doesn’t use risky strategies, especially Grid and Martingale.
  • We can expect that our orders will be covered with SL levels.
  • The advisor was properly tested.
  • The data period was 12 years.
  • It was checked under real spreads, commissions, and slippage.
  • We can rely on spread protection.
  • Trading is allowed on EURUSD, USDJPY, GBPUSD, and XAUUSD.
  • It has to work on the M30 time frame only.
  • We should start working on a demo account only.
  • A VPS service and an ECN account will be good additions.
  • We can start trading from a $100 balance.

We have no backtest reports provided. It’s weird after the dev’s claims about how well the system was tested. We aren’t allowed to know such details like win rate, profit factor, drawdowns, win streaks, and much other.

Punisher Scalper EA trading account review

We’ve got trading results only from a demo account. It means that the developer decided not to entrust real money in trading. It’s typical if the system works with low win rates.

Punisher Scalper EA trading results

Punisher Scalper EA trading results

There’s a demo account that is verified by Myfxbook. The advisor works on TickMill with 1:500 leverage automatically. It receives data from the MT4 indicators. The account has a verified track record. It was created on April 25, 2021, and deposited at $100. Since then, the absolute gain has become 174,848%. An average monthly gain is 206.38%. The maximum drawdown is 53.29%. The system works with insane risks and deep drawdowns.

Punisher Scalper EA statistics

Punisher Scalper EA statistics

The advisor executed 645 deals with 7455.8 pips gained. An average win is 31.75 pips when an average loss is -6.05 pips. It traded 9976 lots. The win rate is low:45% and 39% for long and short trading positions. It’s such a low win rate. The trade length is seven minutes. The profit factor is 2.05.

Punisher Scalper EA directions

Punisher Scalper EA directions

GBPUSD is the most actively traded pair with 190 orders and $1753. All profits were gained on Gold – $138,595.

Punisher Scalper EA risks

Punisher Scalper EA risks

We may note that the risks are insane. It’s impossible how deep they are.

Punisher Scalper EA closed orders

Punisher Scalper EA closed orders

Most of the pips were gained on XAUUSD.

Punisher Scalper EA monthly profits

Punisher Scalper EA monthly profits

The system provides wild profits that aren’t healthy and predictable.

Pricing

The price has decreased from $200 to $125. There are no rental options provided. We can use the system for demo purposes like executing backtests, checking settings, and other parameters.

Is Punisher Scalper EA a scam?

Most likely the system will become a scam within several weeks.

People feedback

People testimonials

People testimonials

Several comments can’t be relevant because we don’t know if the system works well for them.

Punisher Scalper EA

4

Punisher Scalper EA is a scalping-based trading advisor that works with low accuracy and insane risks. The dev can allow this to happen because the account is a demo one. For real account trading this system is not okay.

  • Trading results provided
  • No settings explanations provided
  • No risk advice given
  • No backtest reports provided
  • The system executes high risk trading
  • No real testimonials written about how the system traded on real accounts

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