Smart Scalper 1.1 (By MQLHome)

The user has deleted this system.

Smart Scalper 1.1 Discussion

Jun 03, 2010 at 10:25
7,860 Views
132 Replies
Member Since Jun 24, 2010   124 posts
Nov 09, 2010 at 15:47

videoman555 posted:
    сдохни блять со своим сливатором сукка!

I guess you did not purchase the original.

Saw similar id, Videoman555, on one of the forum that shared this EA.
Member Since Feb 16, 2010   1332 posts
Nov 09, 2010 at 15:53 (edited Nov 09, 2010 at 15:55)
MQLHome posted:
    Dear Traders

We have opened a real account to test the EA but we still continue testing the EA on this account too.

Thanks for your attention.

Best Regards
MQLHome Group

I'm very curious what happened with the real account. The above statement was made on August 3-rd, three months from then and no real account here at myfxbook.
I'm feeling pitty about those developers who are afraid to trade their own money with their own EAs.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Aug 27, 2009   69 posts
Nov 09, 2010 at 17:20
hello guys,

Another demo you can have a look
https://www.myfxbook.com/members/ShaKerZ/smart-scalper/53112

not very great 😎
alla.rachedi@
fredcad
forex_trader_10579
Member Since Apr 21, 2010   12 posts
Nov 09, 2010 at 20:27
we say that the team MQL group have done well to have the haha, was the trash smart scalping and reimbursement for all the world.
Member Since Oct 18, 2010   3 posts
Nov 09, 2010 at 22:04
'Smart Scalper 1.1 is now private'
???
Member Since Feb 16, 2010   1332 posts
Nov 09, 2010 at 22:15 (edited Nov 09, 2010 at 22:17)
GUESS WHY:

https://www.forexpeacearmy.com/metatrader_expert_advisor/smart_scalper_ea/demo

GOT HAMMERED

IT WAS A MATTER OF TIME

5 MONTHS PROFIT WAS WIPED BY THE TRIPLE SL
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Nov 10, 2010 at 03:02
😲 Well at least the account is still in profit. Not completely blown. Shame it's been removed though.
Member Since Jun 24, 2010   124 posts
Nov 10, 2010 at 07:37 (edited Nov 10, 2010 at 07:42)
So far on our Alpari UK real money account, we do not incur any losses on the 3x trades. We also tried SS on Go Markets but there are more 3x trades than on Alpari UK. On Go Markets, the 3x trades ended in losses. But hardly see any 3x trade on Alpari UK account until this week. Between 8 and 9 Nov, SS opened two 1x trades and one 3x trades. But all three trades closed with a small net gain.

Guess the performance of the EA is dependent on broker's data feed.


BTW, I'm using fixed lot size rather than Risk percent that someone has modified and shared on a public forum.
Member Since Feb 16, 2010   1332 posts
Nov 10, 2010 at 07:51 (edited Nov 10, 2010 at 07:52)
Patience posted:
    😲 Well at least the account is still in profit. Not completely blown. Shame it's been removed though.

If that had happened in the first month of trading it would've been a margin call. Luckily yesterday it had profit to lose.
Actually this is one of the most misleading EAs on market because initially it looks great for the nonsuspecting newbies. I hope people will now realise how dangerous this EA is. The concept(MM) of this EA is well known but used in the wrong way.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Jun 24, 2010   124 posts
Nov 10, 2010 at 08:15

forexma posted:
  The concept(MM) of this EA is well known but used in the wrong way.

Yes, agreed.

They've implement the money management wrongly on this EA. The risk % should be based on the worst scenario where the EA open 1x +1x + 3x == 5x. When all these three trades failed, it's still within the intended Risk %.

But the EA used Risk % for 1x trades, this implies when the EA opens 5x (1 + 1 + 3 ) trades, the risk is 5 times more than intended. This has caused the recent huge loss in profit.

Instead of using the risk %, I used the fixed lot size for this EA.
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Nov 10, 2010 at 12:19 (edited Nov 10, 2010 at 12:19)
forexma posted: I hope people will now realise how dangerous this EA is.

Yeah, I do now but only because you pointed out the stats on FPA. Another one bites the dust. Shame on this EA provider for making this account private. If I had 10 smackers for every account that has kissed the dirt on this site, I'd be rich.

But let's hide the truth and keep on dreaming. At least dreams don't cost any money.
Member Since Feb 17, 2010   88 posts
Nov 10, 2010 at 14:52 (edited Nov 10, 2010 at 14:53)
it seems, this is more a Bastard Scalper and not a Smart Scalper 🙄

the 'Fish Forex Robot' is the next account killer with this art of scalping strategy.


Member Since Sep 07, 2010   5 posts
Nov 10, 2010 at 20:36

Parcus posted:
    
videoman555 posted:
    сдохни блять со своим сливатором сукка!
Не так, как у автора работает?
А я только купить надумал.
вначале он работал нормально на реальном счету, потом как у эти альпаршей пошел откат внезапный ночью евры у японцев так что меня обокрали на последние 300 000
будь прокляты создатели этого скальпера, все их прошлые результаты полная подстава либо эти уроды торгуют другим советником. чтоб они сдохли в аду жестко и сурово вместе с альпари!
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