Welcome to this Gold Scalper PRO review. Here, you will be getting a detailed analysis of this forex robot.
The Gold scalper PRO robot claims to use reasonable stop-loss levels and an effective entry and exit trading logic.
The robot comes with money management and a news filter.
This news filter helps to avoid trading during important news events.
Also, the robot has a manual trading feature. However, this manual trading feature does not allow traders to trade during bad market conditions.
This robot is one of the many forex trading robots on the internet of which 90% of these robots are scams.
Here is a Gold scalper PRO review summary which you must go through before buying the robot.
|60 Days Money Back Guarantee
|MT4 & MT5
|GOLD Scalper PRO Robot
Gold Scalper PRO: Live Account.
Despite having a news filter feature, the biggest turn-off about the Gold scalper PRO robot is the fact that it has no live trading result.
The only account that the developed showed on the website was a demo account.
In fact, the robot still recorded an average loss of -749.42 pips which is three times higher than its average win of -220.20 pips.
Also, the developers gave a piece of false information about this demo account that it was a live account.
With these falsifications, it is impossible to believe that the robot made huge profits in backtesting just as the developers claimed.
The developers claimed that the robot made an 85.45 winning percent over 1313 trades during backtesting.
They claimed that it turned a $1,000 account into $924,000 over 14 years of backtesting. In fact, this result is too good to be true.
In addition, the robot turned a $10,000 account to $139,000 over 1313 trades in about for years of backtesting again.
All these should be considered as fables since there is no live trading result to back them up.
The developers of the robot did not disclose the strategy that the robot uses to trade.
However, the robot uses reasonable stop-loss levels and effective entry and exit trading logic.
Also, the robot comes with a money management risk and a news filter that helps traders to avoid trading during important trading events.
Also, the robot has a feature that allows traders to trade manually.
Lastly, the robot does not use martingale or any other grid and risky strategy.
Even though most developers do not reveal their strategy for the robots they build due to the fear of theft, revealing the strategy that the robot uses will always be a good reason to buy the robot.
Strategy and design remain one of the things to consider before buying a robot.
Should You Buy The Gold Scalper PRO Robot?
Despite having a news filter feature, no one should trust the robot.
The developers have failed to be transparent enough in providing details about the robot.
Also, the backtest results look too good to be which is one of the things you must consider before buying a forex robot.
Furthermore, the robot has no customer reviews or testimonials from users that must have used the robot.
The robot is not a new robot and it is supposed to have nice reviews that would entice anyone that wants to buy the robot. Or has the robot failed to perform well?
In addition, the developers did not reveal the strategy that the robot uses which is another turn-off for anyone that decides to buy.
No historical ROI, does that mean that my robot can decide not to make any profit for me over weeks and months of using it?
The robot has a feature that allows traders to trade manually.
Also, it has a news filter that helps traders to avoid trading during important events.
However, the robot does not have a live account proof.
Then, the backtesting results are too good to be true.
In addition, the robot does not have a customer review which is not supposed to be so.
Lastly, the developers of the robot falsified a demo account to be a live account.
What is the importance of buying a robot from developers that are not transparent?
Are you still thinking of buying the robot after seeing this review?
If I were you, I would register for advanced classes on forex trading to get more understanding of the forex market.
Do you still want to buy the robot after reading to this point? Instead of wasting your money, kindly donate to the nearest orphanage to you.
Here is an honest Gold Scalper PRO review that you must go through before buying the robot.
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