Zen Scalper EA Review: Things to Consider Before Investing

Zen Scalper EA is an expert advisor that should make us profitable using it on our Forex account. The statement is “Zen Scalper EA: No Delay, No Hassle, No Missed Profits. Get Best Profits with Zen Scalper EA.” Let’s check these claims.

The highlights of Zen Scalper EA

We have various statements about how the system works and what we have to expect if we decide to buy it. 

• The advisor executes deals on the terminal completely automatically for us. 
• The system opens orders on short time frames. 
• It closes every trading day for a profit. 
• The advisor doesn’t require us to sit with it the whole time. 
• There’s a “profitable strategy from experienced traders.”
• We don’t know details about a scalping strategy. 
• The system allows us to achieve our goals with this advisor. 
• The support can be delivered via chat or email 24/7. 
• “We are Announcing Perfect Packages for You A 100% Hands Free System, Quick and Easy to set up, Extreme Execution Speed, no external files required, Stay connected 100% of the time and “Trade” while you are working, sleeping, traveling.”
• We can achieve high results with low drawdowns. 

According to vendor, the following features set his product apart in the FX market:

Money management

There’s a money management system applied that can help us with calculating lot sizes and placing orders on the market with proper SL and TP levels. 

Generates monthly income

It generated stable profits before huge losses. 

Drawdown control

The system controlled drawdowns before the period of huge losses occurred. 

Trading strategy of Zen Scalper EA

• The system executes a scalping strategy. 
• We don’t know what pairs we have to work with. 
• The time frames weren’t revealed either. 

Backtesting reports

The presentation includes a backtest report where GBPUSD was tested on 11 months of the data. It has obtained 2466.39% of the absolute gain. An average monthly profit was 37.32%. The drawdowns were 34.28%. The robot executed 2093 trades with 2154.6 pips. An average win was 6.90 pips when an average loss was 9.79 pips. The win rate for longs was 65% and 64% for shorts. An average trade length was 58 minutes. The profit factor was 1.77. 

The Longs direction provided twice more profits. 

Thursday was the most traded day. 

The test showed that the robot should work well. 

Trading results in real time

The real account trading results showed that the system has lost so much on a real account on FBS. The leverage is 1:500. The account has a verified track record. It was created on October 25, 2021, and deposited at $7,376.30. An average monthly gain is -12.68%. The maximum drawdown is 92.13%. 

The advisor has executed 688 orders with 1425.6 pips. An average win is 10.27 pips when an average loss is -15.61 pips. The accuracy is 62-74%. An average trade length is over 3 hours. The profit factor is 0.95. Everything less than 1 is dangerous for our account. The good one is over 1.6. 

GBPUSD is the only pair that is used by the system. 

The system focuses on working during the European session. 

Thursday is the less traded day with 103 deals closed. 

The system works with huge and unfriendly risks. 

We may note Martingale. It’s how the system lost money being profitable in pips. 

December and January showed that the system doesn’t match current market conditions. 

Zen Scalper EA price

The offer includes three packages that should fit us. The subscription is available for $59 monthly. It’s a common price for MQL5. We can use the robot on MT4 or MT5 automatically and can rely on 24/7 support. The referral pack forces us to register a real account and deposit $3000. A real copy of the robot can be bought for $249. The system has a 15-day refund policy provided.

Customer support

The support is average and it’s delivered without 3-5 hours via email. So, it’s a common reaction speed. 

Are traders happy with Zen Scalper EA?

We don’t know. Most likely not, especially after these huge losses that should have been experienced by other traders either. 

People say that Zen Scalper EA is …

We don’t know how good the robot is and what profits traders can obtain using it.