Author Topic: ProFX Scalper  (Read 1584 times)

Offline hawkfx

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ProFX Scalper
« on: January 13, 2013, 12:54:05 am »
I see this one, price is a little bit high $640.

Anyway I ask vendor for myfxbook or backtest

http://www.profxscalper.com

Offline Bigsteve

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Re: ProFX Scalper
« Reply #1 on: January 13, 2013, 01:02:08 am »
I would be hesitant with this it looks like an asian scalper. Most of these don't work and will only bomb out badly in real time live accounts, such as Euronis (crashed on FPA) and Forex Multivers (out of business).
I was trading both of these live but at the very smallest risk possible.
The EA costs 640.00 and "no Clickbank = no purchase"

Offline geektrader

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Re: ProFX Scalper
« Reply #2 on: January 13, 2013, 03:57:14 am »
Looking at http://www.profxscalper.com/trade-result it trades around the clock as you can see from the statements. So no asian session scalper.

BUT, if you look, at most of the trades there is no SL, thatīs a absolute no go as trades may end up floating in drawdown forever and eventually blow the account if they get to big. So with the no SL, just like with Grid EAs, the drawdown / account blast is simply hidden and moved to the future. Forget about such no StopLoss EAs, they all will blow your account one day.

Offline macro

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Re: ProFX Scalper
« Reply #3 on: January 13, 2013, 06:02:01 am »
Childish home page, this English looks like generated from google translator..
On top of that its not a hands free EA. You get some scripts..
And the price... just ridiculous
A NOGO

Offline 2cb3d

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Re: ProFX Scalper
« Reply #4 on: January 13, 2013, 12:51:34 pm »
average trade duration is 28 seconds --> arb EA --> most likely a scam

and no results - http://www.myfxbook.com/search/pro%20fx%20scalper

Offline geektrader

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Re: ProFX Scalper
« Reply #5 on: January 13, 2013, 04:04:25 pm »
average trade duration is 28 seconds --> arb EA --> most likely a scam

and no results - http://www.myfxbook.com/search/pro%20fx%20scalper


If you look at the statements at http://www.profxscalper.com/trade-result the trade duration is a few hours for most of the trades because they all use no SL and wait until the price comes a few pips into the right direction. Far from 28 seconds average duration though, must be an error where youīve seen this.

Offline cyberom

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Re: ProFX Scalper
« Reply #6 on: January 13, 2013, 04:34:18 pm »
I like the low DD  :) ......................... :o

Offline jshear

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Re: ProFX Scalper
« Reply #7 on: January 13, 2013, 06:11:37 pm »
Where is a my fxbook? The statements on home page can be photoshop made. 


Cheers.


Jeff



Offline Bigsteve

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Re: ProFX Scalper
« Reply #8 on: January 13, 2013, 06:16:08 pm »
Where is a my fxbook? The statements on home page can be photoshop made. 


Cheers.


Jeff
The EA Factory, Inc. is assembling one now as shown in the attached photo from their engineering department

Offline geektrader

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Re: ProFX Scalper
« Reply #9 on: January 13, 2013, 09:16:02 pm »
Where is a my fxbook? The statements on home page can be photoshop made. 


Cheers.


Jeff

Forget about this EA Jeff, itīs crap, just wanted to state that the average trade duration of 29 seconds is not correct. Still the EA is crap and trades without SL, a timebomb.

 

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