Evening Scalper Pro Review

Evening Scalper Pro uses the mean-reversion method that works during the American trading session. The system is not like the regular scalping methods as it uses a special trading logic on cross pairs with a strong mean-version tendency. As per the developer Valeriia Mishchenko, the FX EA can provide high profits. The developer is from Russia and has designed 8 products and 18 signals. Other products of the author are Night Hunter, News Catcher Pro, Waka Waka, and more.

Evening Scalper Pro

Trading strategy explanation

As per the author, this FX EA places orders from 19 to 23 hours and does not open trades during a rollover. Concerning the trade duration, it uses the classical scalping method. It enters and exits a trade in a few hours. The ATS uses advanced methods to find accurate entry and exit points and hence has a high winning rate. Some of the key features of the system that the vendor focuses on are:

• It is a one chart set up so you need just one chart for working on all symbols.

• The FX EA works on multiple currency pairs including EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, and GBPCAD.

• It does not open trades in low liquidity conditions and during bank rollover time.

• The FX robot is FIFO compatible.

• It uses market execution.

• Advanced news and stock market crash filters are present.

• It has an auto GMT detection system.

• The FX EA uses a negative swap filter.

Backtest data analysis

The author provides a backtesting report for the FX robot done from 2007 to 2022 with a history quality of 100%. For an initial deposit of $300, the ATS had generated a total net profit of $24,831, 691,906. A total of 3016 trades were completed with a profit factor of 3.36 and a profitability of 80%. The drawdown for the account was 13.53%. From the results, we find that the drawdown is low indicating a low-risk approach. The profits are high which denotes an effective strategy and good performance. 

Live trading data analysis

Trading results

We found a real AUD live account using the IC Markets broker and the leverage of 1:500 on the MT4 platform. Here are a few screenshots of the account:

From the trading stats, we find that a total profit of 81.18% is generated for an initial deposit of AUD50. The account that started in December 2021, has completed 60 trades with profitability of 78% and a profit factor of 2.63. 

From the trading history, we find that the lot size of 0.01 is used. The lot size indicates a low-risk approach and the profits show a decent performance. Compared to the backtesting results it is clear that the EA uses a low-risk approach but the profits are not as high in the real trading results as found in backtests.

Pricing

You can purchase this FX EA for $799. As per the developer, only 2 copies are left at this price and the next price is $899. A free demo is present for the account. There is no info present on the features available for the FX EA. No money-back guarantee is present for the product. The lack of a refund offer makes us doubt the reliability of the system. When compared to the price of competitor systems in the market, we find this FX robot is expensively priced. 

Customer assistance

For support, the developer provides a Telegram channel link and the messaging option on the MQL5 site. 

User reviews

Unfortunately, we cannot find user reviews for this FX EA on reputed third-party sites like Forexpeacearmy, Trustpilot, etc. Although the MQL5 site has reviews, we do not consider them as there is a high chance of the feedback being manipulated.

Review summary

Pros

• It is a fully automated system

• Real verified trading results are present

Cons

• Pricing is expensive

• No refund policy

Evening Scalper Pro assures high profits with low risk. The developer provides backtests and real trading results. Our perusal of the FX EA and its various functional aspects reveals that while the system has a low drawdown, the profits are not high indicating poor performance. Other drawbacks include the expensive pricing and the lack of a money-back offer.

Rating: 4/10