Introduction
Scalping Bot by Profectus AI is a trading robot available on MQL5. While it's always intriguing to see new bots hitting the market, let's dive in and see if this one is worth your time. Spoiler alert: User ratings don't seem too promising.Function Description
Scalping Bot by Profectus AI primarily focuses on high-frequency trading (HFT), aiming to exploit small price movements throughout the day. Key features include:- Automated scalping strategies
- Configurable risk management settings
- Multi-currency pair support
- Real-time market analysis using AI algorithms
Performance Analysis
Reviewing the latest statistics over the past year, the performance data reveals a mixed bag. The drawdown seems higher than desirable, and the win rate fluctuates too wildly for comfort. These are clear red flags for any serious trader.Pros and Cons
Pros:- Automates scalping, which can be stressful manually
- AI-powered strategy offers a modern edge
- High drawdown
- Inconsistent win rate
- Poor user rating (1 star by Sandeep1999)
Source Code of the Scalping Bot by Profectus AI
We don't have the original source code of the Scalping Bot by Profectus AI sold on MQL5. However, we can create a version based on the description provided. If you're curious, hop over to MQL5 page to see detailed specs.
Code:
You don't have permission to view the code content. Log in or register now.Download Scalping Bot by Profectus AI: Easy Trading Forum's Perspective
If you have questions about the code, feel free to ask. Remember, this is a sample code by easytradingforum.com, derived from descriptions available on MQL5. Note that EASY Trading Team does not sell the Scalping Bot by Profectus AI; we've just devised a bot based on its description.Join the forum discussion and share your experiences about this bot. Given the mixed reviews, your input could be invaluable.