Onyx Scalper Review

Jan 12, 2021 11:31 AM ET
Onyx Scalper Review

 

Onyx Scalper

Type

Indicator

Price

$147

Strategy

Trend

Compatible Platforms

MT4

Currency Pairs

all

Timeframe

M1, M5, M15

Recommended Min. Deposit

n/a

Recommended Deposit

n/a

Leverage

n/a

Trade length

n/a

Onyx Scalper presentation

We’d like you to read a review of Onyx Scalper from a well-known scam-producer Karl Dittmann. There’s no Onyx Scalper. This software is Exynox Scalper. It has the same presentation. Everything is the same, but screenshots are photoshopped using different colors. 

Onyx Scalper presentation

The presentation welcomes us with a fake statement.

Trading Strategy Explanation

Onyx Scalper Trading Strategy Explanation

  • There’s an effective trading algorithm behind the system.

  • It has a user-friendly visual interface.

  • We have to pay little time to manage these trades.

  • All signals are highly profitable.

  • The system doesn’t require any special Forex knowledge.

  • There’s a unique trend detection system.

  • There are multiple trading styles. It sounds like a lie because we didn’t see any proof.

  • The signals do not get repaints.

  • The system provides signals for all six major currency pairs.

Onyx Scalper modes

  • The software can generate signals in three modes that vary by aggressiveness. The conservative mode provides little signals, the medium mode - many more, the aggressive mode gives many signals with high risk.

Onyx Scalper signals format

Onyx Scalper signals format

Onyx Scalper signals format

  • The signals have the same format: symbol, time frame, direction, Entry Price, Take Profit, and Stop Loss levels.

  • The system works only on MT4.

  • It can be run on the M1, M5, and M15 chart.

Backtest Data Analysis

The developer, as usual, provides potential customers with no backtest reports. It’s a scam-way to push the product, sharing no important intel.

Live Trading Data Analysis

Trading Results

Myfxbook Account

n/a

Started

n/a

Deposit

n/a

Balance

n/a

Gain

n/a

Daily

n/a

Monthly

n/a

Drawdown

n/a

Profitability

n/a

 

Onyx Scalper Live Trading Data Analysis

Onyx Scalper Live Trading Data Analysis

The developer tries to convince us that these fake screenshots will be able to make us richer. They’re photoshopped because there’s no badge in the top-right corner that this software is attached to the chart. As we can see, there are no arrows on the bars that there were trades opened. So, all these pips exist only in Photoshop. 

The company

about Onyx Scalper company

The company has no name. Everything is signed by Karl Dittmann - a person that doesn’t exist. We couldn’t find his profiles. The developer didn’t want to share them with us too. 

Onyx Scalper testimonials

There are many fake photoshopped testimonials with no names and no dates. We couldn’t find any feedback on Trust Pilot, Forex Peace Army, or Quora. It means these messages are fake.

Pricing

Onyx Scalper Pricing

The indicator costs $147. It’s a several times overpriced offer than others on MQL5. The original price is insane and scam - $395. Purchasing it, we’ll get a user guide, indicators, a 30-day money-back guarantee, a license for a real live account, and welcome 24/7 support. The pack is featured with a 30-day money-back guarantee.

Review Summary

 

Pros

Cons

  • No pros
  • No team revealed
 
  • No strategy explanations provided
 
  • No settings explanations provided
 
  • No money-management advice given
 
  • No backtest reports shared
 
  • No trading results provided
 
  • There are fake screenshots of trading results
 
  • No people testimonials provided

Conclusion

Onyx Scalper is another scam from Karl Dittmann. This person did everything to hide backtests and trading results. He shared photoshopped screenshots that can convince only people who have never seen Forex before. The presentation is 40+ pages long but lacks much useful intel. We wouldn’t rely on a money-back guarantee, because this person has a scammer reputation. If the results that he showed on the photoshopped screenshots were true he would be such a rich person, but he doesn’t use software that he designs. It tells much about its designer.

Rating: 3/10


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