Expert AdvisorsForex

Zen Scalper EA Review: Things You Need to Know Before Investing

3 Mins read
4.8

The devs that stand behind this expert advisor claim that with Zen Scalper EA we can ‘Get Best Profits.’ The presentation is short and doesn’t answer all our questions about the system. In this Zen Scalper review, we will analyze the trading system to figure out if it can be good for us. 

Zen Scalper EA trading strategy

Zen Scalper EA claims
Zen Scalper EA claims

Let’s talk about what we’ve got about this system and what we should be prepared for. 

  • Zen Scalper EA is a completely automatic trading solution. 
  • The devs claimed that we can have high profits in a very short time. 
  • They are 100% consistent and reliable forex profits.
  • The system closes every day in profits. 
  • There’s a “profitable strategy from experienced traders.”
  • We don’t know details about it. 
  • The system works with up to 100% accuracy. 
  • We can achieve the results we set. 
  • There’s 24/7 live chat and email support provided. 
  • “We are Announcing Perfect Packages for You
  • A 100% Hands Free System, Quick and Easy to setup, Extreme Execution Speed, no external files required, Stay connected 100% of the time and “Trade” while you are working, sleeping, traveling.”
  • It knows how to work with low drawdowns with high targets. 

Zen Scalper EA backtesting report

Zen Scalper EA backtest report
Zen Scalper EA backtest report

The robot has a backtest report published on Myfxbook. The absolute gain has amounted to 2466.39%. An average monthly gain was 27.42% with big drawdowns ‒ 34.28%. The data was chosen from the period between December 2020 and October 2021. 

There were 2093 trades executed with 2154.6 pips only. An average win was 6.90 pips when an average loss was 9.79 pips. The accuracy for longs was 65% and 64% for shorts. An average trade length is 58 minutes. The profit factor is 1.77. 

Zen Scalper EA directions
Zen Scalper EA directions

It worked with both directions equally in trading frequency. 

Zen Scalper EA daily activities
Zen Scalper EA daily activities

Thursday with 500 orders was the most traded day. 

Zen Scalper EA monthly profits
Zen Scalper EA monthly profits

The system closed all months with profits. 

Zen Scalper EA live results

Zen Scalper EA trading results
Zen Scalper EA trading results

The system has been running a real account on FBS with 1:500 leverage on MT4. It was created on October 25, 2021, and deposited at $7,376. Since then, the absolute gain has amounted to 170.38%. An average monthly gain is 100.69% with a pak drawdown of 14.66%. The account is tracked by 13 clients. 

Zen Scalper EA details
Zen Scalper EA details

The advisor has traded 234 with 1400.7 pips gained. An average win is 10 pips when an average loss is -9.24 pips. The robot trades with an average trade frequency of 2 hours and 36 minutes.

Zen Scalper EA directions
Zen Scalper EA directions

The Longs direction with 149 closed orders is a bit ahead of the Shorts direction with 95 orders. 

Zen Scalper EA hourly activities
Zen Scalper EA hourly activities

The robot works during the European trading session mostly. 

Zen Scalper EA daily activities
Zen Scalper EA daily activities

Monday and Friday are the most traded days and this is not quite typical. 

Zen Scalper EA risks
Zen Scalper EA risks

There should be 23 orders lost to lose 10% of the account. So, these risks are high. 

Zen Scalper EA closed orders
Zen Scalper EA closed orders

We may note that the system uses a Grid of orders with Martingale on it. 

Zen Scalper EA monthly profits
Zen Scalper EA monthly profits

The advisor is going to close November 2021 in a profit as well. 

Some features of Zen Scalper EA

Total return170.38%
Maximal drawdown14.66%
Average monthly gain100%
DeveloperN/A
Created, year2021
Price$59, $249
TypeTrend, Grid, and Martingale 
TimeframeN/A
Lot sizeN/A
LeverageN/A
Min. depositN/A
Recommended depositN/A
Recommended brokersN/A
Currency pairsGBPUSD
ECNN/A

The devs points out the following features of the system:

  • It can trade for us automatically. 
  • It calculates entry points. 
  • We can expect to calculate a whole Grid of orders with Martingale applied. 

Main things that make Zen Scalper EA doubtful EA

  1. The system is too young

We haven’t seen it working under various market conditions.

  1. We have no testimonials written about it

Absence of customer reviews is a red flag for Zen Scalper EA. If the system was as good as advertised, there would be plenty of positive customer reviews on third-party websites.

Pricing details

Zen Scalper EA pricing
Zen Scalper EA pricing

The robot can be purchased in three packages. The first one is a monthly subscription for $59. This price seems to be a fair one. It works on MT4 and MT5 platforms. We can expect to get risk/reward advice and 24/7 support. The second pack is for referrals. We have to open a real account and deposit it at $3000. The lifetime license costs $249 per license. There’s a 15-day refund policy provided. 

Other notes

We have no testimonials written about if the system works in the same way on clients’ accounts. So, now, it looks like a cat in the bag. 

Zen Scalper EA Summary

4.8
Zen Scalper EA is a young trading solution that works with medium risks and risky strategies on the board. We don’t know if it’s possible to keep going like this. Lack of testimonials doesn’t allow us to know if clients are happy with it.
4.0

Functionality

3.0

Reliability

5.0

Strategy

9.0

Price

5.0

Trading Results

3.0

Vendor Transparency

Pros

  • +An extended offer provided
  • +Backtest reports shown
  • +Trading results shared

Cons

  • -No team revealed
  • -No risk advice given
  • -No money management advice provided
  • -The advisor works with a risky strategies on the board
  • -No customer testimonials published
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