DynaScalp is an expert advisor that belongs to LeapFX. The presentation seems to be wordy and not informative. It’s a typical “feature” of the company – to tell much, telling nothing viable. The main claim is standardized as well: “This Breakthrough “Super-Scalper” Software Will Find & Execute THE Most Profitable Trade Opportunities Daily With ZERO Effort On Your Part.”
Vendor transparency
LeapFX is a well-known robot design company among the Forex-related community. The developers have their pros and cons. Usually, they provide backtest and trading results for visitors to help them to make a wise decision.
How DynaScalp works
We are here to find useful information among that flood.
- A robot can work automatically for us on the terminal. We may do nothing in addition.
- The system runs the charts 24/7.
- The robot uses a high scalping strategy as the main one.
- The win rate should be high enough.
- It opens orders at night.
- The system has proper money management.
- The dev dowry advisor can update itself according to the market conditions.
- Fifteen pairs are allowed for trading.
- That’s almost it. The developers decided that we are not allowed to know more.
Timeframe, currency pairs, deposit
- We can work with 15 currency pairs.
- The time frame wasn’t mentioned.
- The minimum balance isn’t mentioned.
- The leverage may be 1:500.
Trading approach
- The robot scalps at night when the markets are calm.
- It allows us to calculate the entry price more precisely.
Pricing and refund
We have a standardized offer from LeapFX. The first pack is an annual rental option for $247. The lifelong license costs a bit higher – $397. There are best settings, free updates, customer support, best recommendations, and a 30-day money-back guarantee.
Trading results
We have a horrible report of AUDUSD on the M15 time frame provided. The data united six years of trading results. The modeling quality was 99.90% with variable spreads. It means they match real market spreads every second. An initial deposit was $1,000. It has become $984.07 of the total net profit. The profit factor was 1.25. DenaScalp traded 1433 orders with 68% of the accuracy rate in both directions.
The advisor has been trading on a real AUD IC Markets account. The leverage is 1:500 on MT4. The account has a verified track record. It was created on June 30, 2020, deposited at 545 AUD. Since then, the absolute gain has become only 604.49%. An average monthly gain is 15.43%. The drawdown is 17.31%. Thirty investors track the account trading results.
We may note that the robot has closed 3185 deals with 4949 pips. An average win is 3.86 pips when an average loss is -4.40 pips. The win rate is 69% (968/1394) for longs and 74% (1327/1791) for shorts. An average trade length is 1 hour 21 minutes. The profit factor is 1.69.
The system works with many symbols. EURAUD and EURCAD are aged in trading activities.
It trades for two hours daily.
Tuesday with 873 deals is the most traded day.
The robot works with quite a low risk of losing 10% of the balance.
The system is trailing profits to make more when the market moves straightforwardly.
The robot is profitable so far in 2021.
People say that DynaScalp is …
We have no testimonials published on sites like Forex Peace Army or Trustpilot. It doesn’t allow us to know if the robot works that well on people’s accounts.
Verdict
Pros | Cons |
Backtest reports provided | No team revealed |
Real-account trading results shown | No settings, risks, and money management details revealed |
Money-back guarantee supported | No people feedback shared |
High pricing | |
Scalping is a risky strategy |
DynaScalp Conclusion
DynaScalp is a night-running trading solution. The robot can make profits during a night session. The scalping system must be tuned and well-set on VPS and ECN. It’s hard for an average user to meet these requirements. The offer is overpriced as usual.