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.
There are only two products in his portfolio.
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.
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.
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.
GBPUSD is the most actively traded pair with 190 orders and $1753. All profits were gained on Gold – $138,595.
We may note that the risks are insane. It’s impossible how deep they are.
Most of the pips were gained on XAUUSD.
The system provides wild profits that aren’t healthy and predictable.
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.
Several comments can’t be relevant because we don’t know if the system works well for them.