Website is down. Company seems to be out of business.
A product of the MQLHome Group.
|Status||Account||Product||P/L Weekly,%||Weeks tested||P/L Gross,%|
|Smart Scalper EA||-3.42||30.7||-65.673|
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I was testing Smart Scalper for over six months and found it is not fully automatic (you cannot leave it running 24 hrs. unattended) and uses martingale. I bought it when its developer was running forward test on Myfxbook which has been removed when the EA got Stop Loss which destroyed all gained profits. You can check Smart Scalper's performance here: http://www.forexpeacearmy.com/metatrader_expert_advisor/smart_scalper_ea/demo Do not waste your money!
Junk. There website states the EA doesn't martingale. It's obvious they are clueless as to what martingale means. The EA does martingale and makes very large draw downs. DON'T WASTE YOUR MONEY.
The EA made zero trades in 2 weeks in a live account at IBFX. After the seller sent 2 "updated versions" it did beginn to make trades. After one day of trading it is down about 35%. These guys are frauds and liars. You can see the results of running this product on a live account here. http://www.myfxbook.com/members/jprize/ss-112-ibfx-real/42626 ....deposited $1000. Equity after one day of trading $647. 2010-07-31 02:06AM No rating I purchased this EA last week. It has been running on several demo accounts for four days. It has taken trades on the Alpari demo that are not the same, but similar to what is shown here. It has not taken any trades on demos from FXCM, IBFX, FXDD. It has been running on my live accounts for three days from FXCM and IBFX. Neither of these live accounts has taken any trades. The folks at MQL seem as if they genuinely want to get these issues resolved. When you contact them, a real person responds. I hope they are able to get it working on live accounts, otherwise it has no value. More to come....
Tried to contact vendors to ask if there was any guarantee after all $349 is a fairly big ask and their previous EA Tortoise hardly set the world on fire. For whatever reason their site kept asking for a valid email address. I tried 2 different valid email addresses without success. No Guarantee= No interest for me.