This review looks at Shi Yanlin Steady Scalper Forex robot and the services it offers, we go through their strategy, price, and client feedback. Is SteadyScalper EA a scam. We answer that question in this review? Read through our Steady Scalper review to see what experts have to say about Steady Scalper Expert Adviser.
Table of Contents
What Are Forex EAs?
An expert advisor (EA) is software that directs and guides you on what trades to make or pass on. It even automatically starts and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of an Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider many variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what they offer and other proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Steady Scalper EA Review
Steady Scalper can be found on the MQL5, it was created on the 10th of March 2020 by Shi Yanlin. it has received few different updates through its lifespan, the most recent update was on the 7th of April 2020.
How Steady Scalper EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result, if they provide any. For the trade results, we hold results that are posted on myfxbook to be standard, but we also consider fxblue and other alternatives.
Steady Scalper uses four different trading strategies which are designed to navigate daily trends. These strategies look at daily pivot points, resistance, and support levels, and will open up trades based on high-frequency RSI information. The four methods of looking for trades are:
- Use daily high and low prices;
- Use daily open, high, and low prices;
- Use daily open and current prices; and
- Use daily high, low, and current prices.
Steady Scalper Price
Steady Scalper comes at $99, with 5 activations and no other sort of limitations.
Steady Scalper also offers $30 per month, and three months for $59 and six months for cost $79.
Client Feedback
Customer feedback is a vital instrument for us to offer a quantitative review and analysis of an EA. We mostly consider feedback a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We could not find many reviews by customers who had used Steady Scalper EA before, at least not enough to form a conclusive decision.
Read through our EA reviews like Smart Charts Review to compare and contrast the services they offer. You can also read our reviews onAlgominr, FxPriemere, and SwingVip.
Conclusion
Because of lack of feedback, we couldn’t gauge the satisfaction of the customers. Although we won’t recommend Steady Scalper, its services are priced reasonably and hence, consumers probably would not be taking much of an initial risk even if Steady Scalper cannot deliver the promised profitability.
We recommend that you download a free demo to see if it suits you first before paying a fee
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