In the vast world of trading, finding the best scalping EA can be a challenge, but in this Evening Scalper Pro Review, we will look at a real contender. Sometimes, the best tools are right under our noses. Today, I’ll be sharing my insights on the Evening Scalper Pro expert advisor by Valeria Mishchenko.
Who is Valeria Mishchenko?
For those unfamiliar, Valeria Mishchenko is the mastermind behind renowned tools like Waka Waka, Golden Pickaxe, and Night Hunter Pro. Her reputation in the trading community is commendable.
First Impressions of Evening Scalper Pro
I must admit, I had overlooked the Evening Scalper Pro for a while. However, after a thorough review, I realized its potential. This EA stands out for several reasons, and it’s not just another name in the crowd.
Evening Scalper Pro Review: No Martingale or Grid System
Right off the bat, something that really stood out to me was how this tool, the Evening Scalper Pro, goes about its trading. It doesn’t use the Martingale method or what’s called a grid system, which are common ways some other tools trade. Instead, this one has a different approach. It trades what are known as Cross pairs, and it does this specifically during the time when America is trading. By doing things this way, the Evening Scalper Pro makes sure its trading is more steady and less all over the place, which means it’s likely to be more reliable in the long run.
Performance Insights
When I delved into its live performance, the results were intriguing. The graph showed consistent growth, though not as perfect as Waka Waka. It’s essential to note that no EA is without losses. Yet, in 2022, the Evening Scalper Pro boasted a remarkable 127% growth. As of 2023, it’s at a modest 6%. But there’s a reason behind this, which I’ll explain next.
Evening Scalper Pro Review: Risk Management: A Closer Look
Upon further investigation, I discovered that the developer had made adjustments to the trading volume. By examining the MyFXBook accounts associated with Valeria, two accounts specifically for the Evening Scalper Pro caught my eye. The best pairs showed an initial investment of $150, which grew by an impressive 141% since December 2021.
Trading Volume Adjustments
When I took a closer look at the past trades and how things went, I found out some cool details. Right now, the amount they’re trading each time, called the trading volume, is set at 0.01. This is the smallest amount or “lot” you can trade with on Metatrader. But here’s the interesting part: when I went back and checked older records, specifically on the 12th page, I saw that they started off trading with a bit more, at 0.02. This change, from trading a little more to a little less, could be the reason why there were such big profits or gains in the year 2022.
Evening Scalper Pro Review: A Closer Look at the Numbers
Diving into the monthly performance, January showcased a commendable profit of 28%. However, the journey wasn’t always smooth. The EA faced two challenging months, followed by a robust performance in August. November presented a slight dip with a loss of nearly -1%. Fast forward to 2023, the Evening Scalper Pro consistently yields between 2 and 3% profit. There were also a couple of months with around -2% in losses.
Why the Fluctuations?
The reason behind these fluctuations is clear: the absence of the grid martingale system. This means the EA doesn’t employ aggressive strategies to recover losses, resulting in a more stable growth curve. In contrast, tools like Waka Waka, which use the grid martingale system, might display an impressive balance chart but can experience significant drawdowns, especially with high-risk settings. It’s crucial to remember that while these systems can recover losses quickly, they can be riskier without proper money management.
Evening Scalper Pro Review: Drawdown and Growth Insights
When we take a closer look at the numbers, we can see that there was a drop in value, or what experts call a “drawdown”, of 15.62% in July 2022. This means that during that time, things went down a bit. But the really good news is that after this drop, there was a steady increase or growth. It’s like when you trip and fall, but then you get right back up and keep going. This shows that even after facing a challenge, there was a strong comeback.
Marketplace Ratings and Feedback
Heading over to the marketplace, the Evening Scalper Pro boasts a rating of 4.75, backed by 17 reviews. The majority of these reviews are glowing, with only a few exceptions. One particular review labeled the EA as “bad” without any detailed explanation. A closer look at the date of this review, the 9th of June, provides some context. It seems the user might have tested the EA right after a significant drawdown, leading to their dissatisfaction. It’s understandable; purchasing a tool and witnessing losses can be disheartening. However, the subsequent performance of the EA paints a different picture, showcasing its ability to recover and thrive.
Evening Scalper Pro Review: Your Own Research Matters
Even though I’ve given you a deep look into the topic with my analysis, I always tell traders that it’s a good idea to read what other users are saying too. By checking out other people’s opinions and experiences, you can get a fuller picture of the situation. This way, you gather more information from different sources, which can help you make better, well-thought-out choices.
A Worthwhile Investment?
The Evening Scalper Pro has a price of $2,200. I know, that might sound like a lot of money to some people. But here’s a bit of happy news: if you go to Valeria’s website, she’s offering a special deal where you can get the Evening Scalper Pro for $220 less than the original price. That’s a pretty good savings! And to make things even easier for you, I’ve put the website link right in the description below, so you can just click on it and check out the deal for yourself.
Evening Scalper Pro Review: Test Before You Invest
Before you decide to spend any money, there’s a great chance for you to try out the robot without paying a single penny. They’re offering a 14-day trial, which means you get two whole weeks to see what this expert advisor can do and if it’s right for you. All you have to do is click on the button that says “Download Evening Scalper Pro Now”, and just like that, the EA will be downloaded to your device and it’s all set for you to start using. It’s a simple way to check things out before making a final decision.
Live Account Testing
While I typically test EAs on demo accounts, the absence of the grid martingale system in this EA gives me the confidence to test it on a small live account. However, a word of caution: always test any EA on a demo account first to understand its nuances.
Evening Scalper Pro Review: Ensuring Continuous Trading with VPS
To guarantee that my trading activities continue seamlessly without any disruptions, I’ve decided to host the expert advisor on a Virtual Private Server, commonly referred to as VPS. This server provides a dedicated environment, ensuring that the trading software runs efficiently 24/7, regardless of any potential issues or downtimes that might affect a regular computer or network. By taking this step, I aim to optimize my trading performance and safeguard against unforeseen technical challenges.
Once logged into the VPS, I installed the Metatrader 4 platform and set up the Evening Scalper Pro. For beginners, don’t fret. The robot comes with a comprehensive guide detailing every step.
Customizing Your Trading Preferences
Upon launching the EA, you’ll notice various input settings. You can choose between fixed lots or adjust the risk settings. If you’re unsure about these settings, Valeria’s dashboard provides a downloadable set file, mirroring the settings she uses on her myFXbook account. This ensures you’re using optimized settings for the best results.
Key Features to Note
The Evening Scalper Pro boasts several notable features:
- Risk Management: You can set a maximum risk per trade, ensuring you never exceed your comfort level.
- Currency Pairs: The EA trades on specific pairs like Euro New Zealand, Euro Aussie, Aussie New Zealand, and New Zealand CAD. This diversification helps spread risk.
- News Filter: This feature ensures the EA doesn’t trade during major news events, avoiding potential market volatility.
- Trading Times: The EA won’t trade during rollover times and won’t keep positions open overnight.
Evening Scalper Pro Review: Conclusion
The Evening Scalper Pro offers a blend of advanced features and user-friendly settings, making it a top contender in the world of EAs. With options to test it for free and customize it to your trading style, it’s a tool worth considering for both novice and seasoned traders. Remember, the key to successful trading is not just the tools you use, but understanding them thoroughly. Happy trading!