Blog Item

Forex Scalpino Forward Test

Forex Scalpino
Robot Name:
Forex Scalpino

Type of Robot:
Asian Scalper

Timeframe:
15 minute

Currency Symbol(s):
EURUSD

Forward Test Broker:
Alpari (UK) Ltd.





View a detailed analysis of all Forex Scalpino trades

Price:
Forex Scalpino can be purchased at the reduced price of $158.40 with a 20% discount in the MellyForex Store

Rating: 5.0/10 (306 votes cast)
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Forex Scalpino is available in the MellyForex Store
Visit the Forex Scalpino website

Discussion (5 comments)

  1. On 08/30/2013 at 13:21, Joseph said:

    RIP OFF!!! I purchased this EA after reviewing the website. It gives a "60 day, no questions asked, refund" This EA makes very small gains, and big loses! After requesting a refund, it was denied; although the request was made weeks before the 60 day period was up. Buyer Beware! Don't get this one!!! :-P

  2. On 08/30/2013 at 13:55, MellyForex Admin said:

    Hi,

    Sorry to learn of your bad experience.

    To be fair to the vendor (and I'm not attempting to take sides here), the big losses that can be seen in our forward test all occurred on or around a Non Farm Payrolls release when the market was exceptionally volatile. Since then, the vendor has introduced a news filter to ensure that the EA stays out of the market completely on NFP days and the EA has been doing an impressive job of recovering its drawdown.

  3. On 09/03/2013 at 06:18, forextester said:

    ATTENTION: BEWARE OF THIS UNSCRUPULOUS SELLER!!! PLEASE READ THIS BEFORE BUYING THIS ROBOT!!!
    On August 15, 2013 I requested a refund for the Forex Scalpino Robot for the first time directly to the seller/merchant explaining that I was not satisfied with the performance of the product since It has made me lose money. I did that in accordance to the 60 DAY MONEY BACK GUARANTEE (no questions asked) promise that the merchant displays in his website in two different locations of the webpage. By the moment I made my first refund request only 37 days had passed since I bought the product, meaning that I had the right to receive it since that very first intent. In the first response I received regarding the refund request, the seller/merchant stated the following : "Hello dear client,we have on Myfxbook website, our performance from 5/February till today. History of trades is public also and open trades. All is transparent. So, before you bought EA you had chance to see how EA works, which TP and Sl use''.

    From that point on I tried in several additional occasions to request the refund by email again and again but the seller have continue denying my refund by giving the same lame and inappropriate excuses which clearly states that he is not going to give any refund to me and probably has been doing the same thing to every and each one of the customers who try to request a refund. This seller should not be allow to use tools like PayPal, Avangate or others alike for his business purposes since this kind of practices are clearly a fraud and unethical.

    In addition to this huge refund problem this bot have a lot of bugs like for example:
    1. THE BOT MONEY MANAGEMENT FEATURE DOES NOT WORK WITH 1:50 LEVERAGE OR BELOW.
    2. THE BOT CAN'T TRADE PAIRS THAT CONTAINS ONLY 3 DECIMALS LIKE USDJPY PAIRS EVEN THOUGH IN THE FAQ ON THE SITE IT IS RECOMMENDED.
    3. THE NEWS FILTER ON THE BOT DOES NOT WORK. THIS FEATURE CAN BE TURN ON AND EVEN THOUGH THAT THE BOT WILL STILL OPEN TRADES WITHIN THE NEWS. THIS FEATURE IS ONLY A FACADE AND BEWARE OF THIS BUG CAUSE FOREX SCALPINO IS HIGHLY SENSITIVE TO NEWS.
    4. LAST BUT NOT LEAST, CUSTOMER SERVICE IS A GHOST!!
    CONCLUSION: THIS IS DEFINITELY A SCAM PRODUCT AND A HUGE FIASCO. BEWARE!!!!!!!!!!!!

  4. On 09/18/2013 at 00:30, Joseph said:

    forextester: You hit the nail right on the head!! I have spent the past 2 years testing various robots. A few I have kept, as they performed as advertised. I have NEVER had a vendor flat out refuse to give a refund during the trial period, except this one. No response whatsoever to emails requesting refund. For any of us who test bots, we all know that ALL robots are news sensitive, unless they are simply not trading at the time. I received the same lame message as you did. As I said in my first post: BUYER BEWARE!!

  5. On 10/09/2013 at 12:00, Eddi Rebel said:

    The EA comes with default settings that lead to a disaster. Customer "service" refuses to give you the correct settings.
    I also thinks it has many severe programming errors (lost trades, demo account is detected as live account, TP is not as you input it, etc.)

    :-O:-O:-O

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