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Sweet scalper

  • #21
  • Mar 11, 2017 9:58am Mar 11, 2017 9:58am
Quoting jiva34
{quote} Yes that is exactly what has happened. He is selling this for $199 for the ex4. He knows what he has. I hope traders who run across his expert do a search and find this thread.

Additionally, this EA failed miserably on all Yen pairs and all crosses with 100% Drawdown in most cases. It basically bankrupted the entire account in almost every case where the test validity was 90%. On the crosses where it did not bankrupt the account, the testing reliability was only 25% ... so not reliable at all.
  • #22
  • Mar 11, 2017 1:59pm Mar 11, 2017 1:59pm
Quoting Hambone
{quote} Additionally, this EA failed miserably on all Yen pairs and all crosses with 100% Drawdown in most cases. It basically bankrupted the entire account in almost every case where the test validity was 90%. On the crosses where it did not bankrupt the account, the testing reliability was only 25% ... so not reliable at all.
Had me fooled for a while. Tester was fantastic. Not control points, actual 1 min data from hist.com.
Waste of time. Put in the trash. I have a system I have designed from the bottom up. It's a little slow but the risk reward is very tolerable. I got a little greedy when I saw the tester results for this thing. In real life it is something altogether different. The vendor should be ashamed of himself.
  • #23
  • Mar 20, 2017 6:57pm Mar 20, 2017 6:57pm
Quoting jiva34
{quote} ... In real life it is something altogether different.
Just a follow up on this as I have done more research. Don't send your money to this guy. There is a reason he isn't selling it through the MQL4/5 community/store. The vendor selling Sweet Scalper is very likely selling stolen code. It is clearly code generated from a decompiler. The seller is Derry Fernando and he asks for payment through Neteller or Skrill. He uses an email address at [email protected].

The EA is "optimized" to provide great returns using Strategy Tester but they are NOT reliable. First, they require an ECN account. As anyone who has tested with Strategy Tester knows, the use of fixed spreads in the tester along with bad data can provide fantastic results but they are not reproducible in the real world of variable spreads and tick data. If you trade this EA on a live account, you will lose much more money than you paid for the tool.... Mr. Derry will cease to communicate with you once he has withdrawn your money from Skrill.
  • #24
  • Last Post: Mar 20, 2017 10:20pm Mar 20, 2017 10:20pm
Quoting Hambone
{quote} Just a follow up on this as I have done more research. Don't send your money to this guy. There is a reason he isn't selling it through the MQL4/5 community/store. The vendor selling Sweet Scalper is very likely selling stolen code. It is clearly code generated from a decompiler. The seller is Derry Fernando and he asks for payment through Neteller or Skrill. He uses an email address at [email protected]. The EA is "optimized" to provide great returns using Strategy Tester but they are NOT reliable. First, they require an ECN account....
I smelled a rat. The tester results were phenomenal. Fool's bait. thanks for your hard work at investigation. You've got it right on the scam scene for experts. Buyer beware.
I'm developing a strategy using a semi automatic (FREE) expert that I'm very pleased with.
https://www.forexfactory.com/showthread.php?t=635318
Running live for a few weeks now. (micro)
Doing great...
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