DynaScalp is a trading advisor that was published on LeapFX not so far ago. The presentation is wordy and looks scam-like as usual. The main claim is “This Breakthrough “Super-Scalper” Software Will Find & Execute THE Most Profitable Trade Opportunities Daily With ZERO Effort On Your Part.” Let’s talk about the system.
Detailed DynaScalp review
The presentation has many pages of information that provide no intel about how the system functions.
- The system is designed to trade fully automatically for us. We have to do nothing in addition.
- The robot executes a scalping strategy during night hours.
- It should have a high winning ratio.
- The advisor knows the right time when the robot can open order and be profitable.
- There’s an asset weight management system. We don’t know details about it.
- The strategy can self-balance according to the current conditions.
- The advisor can trade fifteen cross pairs.
- That’s it. The rest of the presentation talks about nothing.
DynaScalp strategy tests
The presentation includes a horrible report of AUDUSD on the M15 time frame. The data period was from 2015 to 2021. The modeling quality was 99.90% with variable spreads. An initial deposit was $1,000. It has become $984.07 of the total net profit. The profit factor was low – 1.25. The robot has traded 1433 orders with 68% of the win rate for longs and shorts.
DynaScalp trading results
The system works on the real account automatically on the IC Markets broker with 1:500 leverage. The platform is MT4. The account has a verified track record. It means the data should be relevant. It was created on September 08, 2020, deposited at €8,708, and withdrawn at €7,123. So, the robot is a scam if the developers had to withdraw it fully. Since then, the absolute gain has become only 33.02%. An average monthly gain is 2.62%. The drawdown is low – 7.27%.
The system has closed 2332 orders with only 3004.3 pips. An average win is 3.74 pips when an average loss is -4.15 pips. The win rate is 65% for longs and 71% for shorts. An average trade length is 1 hour 23 minutes. The profit factor is quite low – 1.28.
The system works with many cross pairs, and this is not good because it can’t be customized for trading all of them. The most-traded symbol is EURCAD with 196 orders. The most profitable is EURAUD, with $163.90.
The advisor opens orders one hour before and after Midnight.
The robot trades completely unpredictably.
The expert advisor works with low risks to the account balance. For losing 10%, the system has to lose 97 orders in a row.
We may note that the system trades with Martingale placing various TP levels.
The profitability went down after April 2021. We don’t know what happened, but the advisor should be updated.
There’s a standard LeapFX offer. The first pack is an annual subscription for $247. The ultimate pack costs $397 for a lifetime license. Both of them include best settings, free updates, customer support, best recommendations, and a 30-day money-back guarantee.
The system doesn’t have reviews on sites like Forex Peace Army and Trustpilot. It’s a disadvantage because we don’t know if people are profitable with this advisor.
DynaScalp looks like a scam. The system scalps at night but has a disgusting win rate on both backtests and live trading results.
Backtest reports showed that the advisor must have been reworked and updated ASAP. Instead of this, the developers started selling the system. Lack of customer testimonials warns us from investing in this trading solution.
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