We’d like to talk about the Ninja Scalper robot.
As we can see, there are 100% satisfied customers somewhere. Of course, it’s a lie and manipulation.
Detailed Forex Robot Review
Let’s sum features and details in the list:
- The robot performs a scalping strategy.
- It trades on a EUR/USD symbol on the M5 time frame.
- It uses trend indicators and MACD.
- It works fully automatically.
- This robot works only on the MT4 platform.
- It can be run on a Standard, as well as a Cent account.
- There are three levels of risks: Conservative, Moderate, and Aggressive.
- The EA is smart and takes into account the broker’s commissions and overnight swaps.
- There’s a feature that allows closing deals automatically if they reach a level of drawdown we set.
- The system can calculate Lot Size automatically based on the account balance.
- The EA supports FIFO and NFA rules.
- The developers deployed a Telegram channel for subscribers.
- The first strategy is a common scalping in a trend direction.
- The second strategy is the Grid.
- Next, we can see a list of the robot’s settings.
Ninja Scalper Strategy Tests
There’s a gif video of how a backtest was formed.
This sheet is from a backtest page, and it was provided without any explanation. There’s only a period.
It’s a screenshot from a slider on the main page. It’s unprofessional to provide info in this way. From it, we can see that for twenty years, the EA could provide +62089% of the account gain. It performed 9402 trades with an up to 70% win-rate. The Profit Factor was 1.96. The absolute gain was $1.2M.
Real Account Trading Results
The robot runs a demo EUR account on Tickmill. It uses technical indicators and trades automatically with 1:400 leverage on the MetaTrader 4 platform. The account has a lack of transparency but a verified track record. It was created on March 10, 2020. Since then, the absolute gain has become +31.95%. An average monthly gain is quite low (+3.05%). The maximum drawdown was high – 50.41%.
It traded 421 deals with 924.5 pips. An average win (12.63 pips) is higher than an average loss (-10.61 pips). The win-rate is low and amounts to 58% for Longs and 52% for Shorts. An average trade length is over ten hours. The Profit Factor is 1.72.
The robot works only with EUR/USD trading equally BUY and SELL directions. There were 320 deals with 924 pips traded.
It trades during a European trading session and the first several hours of the American trading session’s opening.
All days are traded equally, excluding Monday.
The robot runs the account with significant risks to the account balance. For losing 10% of the balance the EA has to close 57% deals in a row.
The robot uses Trailing Stop Loss to cover gained profits.
As we can see, it opened a huge Grid of orders with increased Lot Sizes (Martingale) and closed the Grid with a huge loss.
The EA closed all months with profits, but if there were not November’s results, an average monthly gain would be 2%.
Pricing
The EA sells in four packages. Three of them are renting. The 30-day pack costs $30. For three months, the price is $50. For half a year, it costs $100. They vary by a number of updates. For $149, we can buy a lifetime license for a single real account.
There’s a seven-day money-back guarantee. Of course, it’s not enough to check the EA under different market conditions.
Customer Reviews
There are many testimonials on the screenshot, but all of them are about non-existent Samurai robot. We’ve googled for feedback about Ninja Scalper and founded abandoned pages on the MQL5 forum where it sold before. Ninja Scalper looks like a reincarnation of the Samurai robot.
Ninja Scalper is a EUR/USD scalper that runs a Grid plus Martingale combo at the same time.
Many conservative traders wouldn’t like these strategies running on the real account. From the screenshot that we provided, the EA quite often closes a Grid of orders with huge losses.
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