Due to frequent requests from our readers, we decided to review the Mathematic Algorithm Scalper bot and determine how profitable and safe it is to use. So, read the Mathematic Algorithm Scalper review on this page and decide for yourself how much you need this expert Advisor Forex.
Mathematic Algorithm Scalper bot – description
So, Mathematic Algorithm Scalper is a trading bot, the creators of which promise customers a very high trading efficiency, a high frequency of transactions and a very high ROI. At the same time, the advertising of this Forex software emphasizes that Mathematic Algorithm Scalper bot uses mathematical formulas on which several trading strategies of this EA are built.
According to the developer, this trading bot works on the M1 timeframe and is recommended to be used on the EURUSD currency pair. As we know, the M1 timeframe is a highly volatile timeframe (after all, every new candle appears on this timeframe every minute). At the same time, the EURUSD currency pair is a highly liquid currency pair and the most popular for trading. This currency pair has the lowest spread on the market and a slight price slippage. This provides Mathematic Algorithm Scalper bot with fairly good trading conditions and a high trading frequency.
On the developer’s website, we see a test of this automated trading system (as you understand, this trading bot works completely automatically), where we see the profitability chart that Mathematic Algorithm Scalper showed during the test:
The cost of this Forex trading software is $1200 (this is a very high price for such a product), although you can also find Mathematic Algorithm Scalper free Download on the Internet. Our task is to make an overview and give you information on how effective and safe this Forex trading bot will be for you.
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Mathematic Algorithm Scalper bot Strategy
Making Mathematic Algorithm Scalper review, we will definitely consider its trading strategy.
So, Mathematic Scalper uses mathematical algorithms, or to be more precise, the martingale formula, thanks to which it tries to cover the trading drawdown that occurs if the market goes in the wrong direction. And there is no need to think that this is a brilliant algorithm, because in reality there is not a single trading bot that can bring a lot of profit with the help of martingale without super-high risks. In simple words, the mathematical strategy used by Mathematic Algorithm Scalper bot is a martingale and it is very, very, very dangerous. Although, it can be profitable for a while and please you with large percentages of profit.
High profitability (at least the profitability that the Mathematic Scalper showed during the test) is provided by three factors:
- High volatility on the M1 timeframe
- A small spread on the EURUSD currency pair, on which the scalper bot works mathematically.
- Market trends of the EURUSD currency pair (this currency pair is almost always in an up or down trend and very little flat).
Why is Mathematic Algorithm Scalper bot very dangerous?
So, the M1 timeframe on which the Mathematic Algorithm Scalper works is a highly volatile timeframe, as we wrote above. At the same time, the EURUSD currency pair is quoted with a small spread (because it is the most popular currency pair in the Forex market with good liquidity). On the EURUSD currency pair, we observe a constant trend. That is, the quotes of this currency pair are constantly moving up or down.
With the help of technical indicators Mathematic Algorithm Scalper bot finds the moment of reversal of the quotes of the currency pair in the direction of the main trend and concludes a deal with a small target (10-20 points). That is, he scalps quotes (pipses) and cuts a small number of profit points very often. Scalping a small amount of profit is difficult. However, there is always a small spread on the EURUSD currency pair and such scalping becomes possible.
If the quotes go in the wrong direction, the mathematic scalper bot makes another deal, the size of which is 1.5 – 2 or more times larger than the previous deal. Thus, the profit of a new trading position covers the losses that arose from the first deal and the Mathematic Algorithm Scalper bot waits for this to happen. When the total profit on all trades reaches a positive result, this mathematical scalper closes all trades and the trader makes a profit.
What happens if after the second deal (the size of which is larger than the previous one) will the quotes turn around again and the price will go in the opposite direction? In this case, Mathematic Algorithm Scalper bot will make a third deal in a new direction, the size of which is larger than the second transaction. It turns out that this mathematical scalper will open new trading positions with more and more volume.
The outcome of such a mathematical trading strategy can develop in two directions:
If the quotes soon start moving in one direction without rollbacks, then the Mathematic Algorithm Scalper will finally close all trades with a total profit.
If the quotes continue to flat (continue to move with the same amplitude up and down), then the mathematical scalper will open a large number of orders, the volume of which will become critical for your trading account and you will lose all your money at once.
Of course, the first option of the outcome of events will be the most frequent and you will not lose all your money on the first day of using this Forex bot. However, there is no guarantee that after 3 months or six months or 1 year, the situation described in the second option will not happen and the Mathematic Algorithm Scalper bot will destroy your trading account and all previously earned money.
We think that such a mathematical strategy is very dangerous to use and you should avoid using such a mathematical scalper or other trading robots based on similar mathematical trading algorithms.
To protect our readers from the temptation to start using this Forex bot, we will not post the Mathematic Algorithm Scalper Download link. Because many users, despite the fact that this is a very dangerous trading robot, will still decide to try to use it on a real account and sooner or later will lose all their money. So, if you need a Mathematic Algorithm Scalper free bot, then look for it on the Internet. Perhaps you will find the Mathematic Algorithm Scalper code yourself. However, you fully assume the risks of capital loss!
If you still found Mathematic Algorithm Scalper free or bought this product from a developer, then we will give you some tips that should protect you from capital loss.
- Use a lot of leverage. This will provide your mathematical scalper with the opportunity to use large trading volumes and avoid forced closing of Margin Call deals.
- Withdraw profit every time Mathematic Algorithm Scalper bot brings you 100% or 200% profit. This will help you save your earned capital. Thus, if you invest $ 1000 in mathematical scalper trading and withdraw $2000 profit from your trading account in 1-2 months, then even if sooner or later Mathematic Algorithm Scalper bot destroys your trading account, you will still be left with a profit!
