Introduction
Dear trading enthusiasts, today we get down to the nitty-gritty of the trading robot SAADSCALPER. Yes, one that bears a rating of 4.25. It seems that this EA has managed to impress some of our co-traders. Let's scrutinize its features and performance over the past year and see if it's worth the hype.Description of Functions
The magic about SAADSCALPER, as described on MQL5, is that it’s designed to scalp the market by capturing small price fluctuations resulting in quick profits. It employs multiple strategies including trend-following and counter-trend trades. Now, wouldn't we all love an automated machine that does the hard and tedious work for us! But remember, all that glitters is not gold.Analysis of Results
Based on the user reviews provided, the robot appears to have delivered consistent profits over the past year. One user dmitriikrivec noted no losing positions in a week but raised concerns over the marginal profits. vmagroup and oxmox commended its performance over a week, while jameelurrahman highlighted its ability to generate continuous profits with bearable drawdown. traydmark achieved consistent profits over four months with conservative settings. For a more detailed statistical analysis, visit Forex Robot Easy.Pros and Cons
The strengths of SAADSCALPER are apparent in its consistent, albeit small, profits and the flexibility of using different trading strategies. However, remember the old adage, there's no free lunch in this world. And that's true for SAADSCALPER too. The marginal profits and potential drawdowns can be quite a turnoff.Source Code of SAADSCALPER
The original source code of SAADSCALPER sold on MQL5 remains a mystery. However, as the innovative masterminds that we are, we may develop a code based on the robot's description on MQL5. Remember, this is an illustrative example from easytradingforum.com. If you have any question regarding the code, feel free to ask.
Code:
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We, the EASY Trading Team, do not sell SAADSCALPER. We’ve simply created a trading robot code inspired by its description. To try it, head over to the Easy Trading Forum to download the code.Since we’re talking about real money here, I encourage everyone to share their experience using SAADSCALPER on the forum. Remember, the more we share, the more we learn and earn. Let's stir up a hearty discussion and unravel the truths beneath the trading jargons and fancy numbers.
Bottom line, approach every trading strategy with caution and skepticism. After all, easy come, easy go!