Punisher Scalper EA is a fully automated expert Advisor using an advanced search and breakdown mechanism for local extrema. It does not use risky strategies like martingale, grid, HFT, etc. Punisher EA executes 2-6 trades a day. It uses pending orders and trailing stops to trade and close trades. All transactions are always protected by a small Stop Loss and take profit.
It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. The maximum drawdown percentage is low for Punisher Scalper EA, which allows using this adviser on a small deposit.
What are Local Extrema?
A local extremum is a point on a function where the function has the highest value (local maximum) or lowest value (local minimum) in the vicinity of the point. These points are also known as “critical points” or “stationary points” because the derivative of the function is equal to zero at these points. It is important to note that a local extremum is only valid in the neighborhood of the point and not necessarily on the entire function domain.
How it used in Forex Trading
In forex trading, local extrema can be used as a technical analysis tool to identify potential points of support or resistance. A local maximum may indicate a resistance level, while a local minimum may indicate a support level. Traders can use these levels to decide when to enter or exit a trade.
For example, if a trader sees a local maximum on a currency pair’s price chart, they may interpret this as a potential resistance level and choose to sell the currency pair at that point. Similarly, if a trader sees a local minimum, they may interpret this as a potential support level and choose to buy the currency pair.
It is important to note that using local extrema as a sole trading strategy is unreliable. It is always recommended to combine it with other technical analysis tools such as trend lines, chart patterns, and indicators to make a more informed decision.
Please test in a demo account first for at least a week. Also, please Make yourself familiar with and understand how this Punisher Scalper Robot works, then only use it in a real account.
Recommendations for Punisher Scalper EA
- Minimum account balance of 100$.
- Work best on EURUSD, USDJPY, GBPUSD, XAUUSD, and the developer recommends running on all four pairs simultaneously. (Work on any pair)
- Work Best on M30 TimeFrame. (Work on all timeframes)
- Punisher Scalper EA should work on VPS without interruption and with good latency to reach stable results. So we recommend running this free forex robot on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low spreads, low commissions, and quality execution account is also Recommended (Find the Perfect Broker For You Here)
 | Latency: 0.46 ms 2 Weeks Free Trial 100% Free for 24 Months | Licensed Window Server 2022 |
 | Low Spreads No Commission | Free TradingView Premium* FREE VPS for Traders* |
 | Min Deposit of 50$ |
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Thanks! Eur/usd preset no good. Reset to default settings and test with 10k and 10 lots to make money. Eur/usd.
Thank you Mike I will make it to default. Let see next week result with demo account
This results looks to good, maybe slippage will kill the results
I used this one to finally be able to pass FTMO https://www.mql5.com/en/market/product/92639?source=Unknown
teslaEAsoft BeSafe Lite . Have to upload this please
Is the same algo that ea passing v3.3 , they only put it TESLA name!!! EA PASSING IS HERE, TO TRADE LIVE YOU MUST TO BE CAREFULL BECAUSE IS A BOT TO TRADE DE NEWS ON THE US30….
So far so good all tests one by one brilliant results Thank You
looks like your time not being wasted on this one
Forgot to add M15 perform much better than M30 using M30 set file auto lot set to 1 and 500 start depo
Is the same algo that ea passing v3.3 , they only put it TESLA name!!! EA PASSING IS HERE, TO TRADE LIVE YOU MUST TO BE CAREFULL BECAUSE IS A BOT TO TRADE DE NEWS ON THE US30….
this comment was for markw118… IM TRADING ON LIVE ACCOUNTS WITH PUNISHER. MORE THAN $15 K
Can I ask what currency you are using it on and with what setting?
Percentage of daily gain?
Thank you
More than 200 hours studying multiple currencies breakouts on multiples timeframes i found the perfect setup on live but you ask to me that i gift you my time ! This strategy is simple is the best way to beat the markets…
Are you the Admin of Forexcracked?
IN THE TRADING WORLD ONLY THE SIMPLE SYSTEMS WORKS!
Hey brother, would you mind sharing your 200 hour of reesearch,
I am sure you know your way around the settings.
Dont waste your time, it is shit
Hello, do you know why I get the error of no money in the strategy tests?
só golpista
Promising back test result with low dd. January 2022 to current. Nice job. Looking for v10.
Thanks.:)
I have problem: 2023.02.12 23:25:00.267 2022.10.03 02:18:07 Punisher SCALPER EA v8.00_fix EURUSD,M30: NOT_ENOUGH_MONEY
Weird, 10k on balance demo tester
Fix the risk MM from 1%-5% Max on gold with max spread 28 thank me later..
This right here is the real deal.. test on OPEN PRICE because it is closer to real ticks. I am impressed. Settings attached as image
Raxmet Bro!
No funciona en el modo” cada tick” los resultados son negativos
Anyone find a setup that actually work on live?
Does it work in the real account?
not working on exness demo account