CAP Asian Scalper EA

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Apr 15, 2024
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Introduction​

Evaluating the effectiveness of any trading robot requires a combination of user feedback and performance data analysis. Today, we're looking at CAP Asian Scalper EA, a product that's generating mixed reactions from its users. Let's dive into its basic functionalities, analyze its results over the past year, and give a no-nonsense evaluation, shall we?

Features Description​

CAP Asian Scalper EA is positioned as an automated trading robot specialized in scalping during the Asian trading session. Here are some of its main features:

  • Operates primarily during low-volatility periods in the Asian session.
  • Comes with various adjustable settings to optimize performance.
  • Claims low Drawdown (DD) and consistent profits.
  • Implemented conditional market selection to increase efficacy.

Performance Analysis​

Let's get straight to the point. According to the user reviews and available data on CAP Asian Scalper EA:

- DrGalak seems thrilled with 18 wins out of 20 trades. He's cautious about money management but highly recommends it.
- Alessandro Gabba highlights its low DD and promising nature.
- matzepang claims profitability since last year, using standard settings.
- Jianhui Jia appreciates the conditional market selection and satisfactory returns within a few days.
- Francisco Perez Caso calls it a scam, accusing the developer of manipulating backtests.

The bot's rating stands at 2.41, which raises some eyebrows. While some report excellent performance, the negative review alleging fraudulent backtests cannot be ignored. Trust, but verify.

Pros and Cons​

Let’s break down the strengths and weaknesses:

Pros:
  • High win rate reported by a few users.
  • Low Drawdown, as claimed.
  • Ease of use with standard settings.
  • Conditional market selection adds a layer of intelligent decision-making.

Cons:
  • Significant accusations of manipulated backtests.
  • The mediocre overall rating of 2.41.
  • Performance reliability seems questionable with mixed user feedback.
  • Short-term positive reviews might be misleading without long-term data.

Source Code of CAP Asian Scalper EA​

Unfortunately, we don't have access to the original source code of CAP Asian Scalper EA available on MQL5. However, based on the description and functionalities provided, we can create a similar EA using MQL5. If you have any questions on how to implement specific features, feel free to ask. Remember, this example code is crafted by the EASY Trading Team, based on public information about the CAP Asian Scalper EA available on MQL5. We do not sell the original robot.

Code: 
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Download CAP Asian Scalper EA - Get the Best Trading Results​

If the reviews and detailed analysis have piqued your interest, you may want to download the CAP Asian Scalper EA. For the original robot, consider visiting MQL5. If you have any questions about our version or need code details, head over to easytradingforum.com and drop your queries.

In conclusion, while CAP Asian Scalper EA has its share of devoted fans, there are significant red flags to consider. Before making any purchase, do thorough research, engage in community discussions, and perhaps, test it on a demo account first.
 
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