DynaScalp emerges as a notable contender in the forex trading robot arena, with its development journey beginning in June 2020. This fully automated scalping robot has been designed to cater to both seasoned and novice traders, offering an accessible and efficient trading tool for the forex market.
Packages & Pricing Options
DynaScalp offers two main membership options:
- One-Year Membership: Includes the DynaScalp software, optimal settings, free updates, exceptional customer support, expert recommendations, and a 30-day money-back guarantee, all for $247.
- Lifetime Membership: Offers the same comprehensive package as the one-year membership but extends access for a lifetime, priced at $397.
Supported Currency Pairs & Timeframes
DynaScalp specializes in the M15 timeframe and supports an extensive range of currency pairs, including but not limited to AUD/CAD, EUR/USD, GBP/USD, and XAU/USD. This wide selection allows traders to diversify their trading portfolio across various markets.
Trading Strategy
The core of DynaScalp’s strategy lies in its scalping technique, which is designed to work effectively without relying on grid or martingale strategies. The robot’s efficiency is further enhanced when paired with ECN brokers, owing to their tight spreads, low commission fees, and fast execution speeds, which are crucial for scalping. Additionally, the robot’s performance is influenced by market volatility and trading hours, factors that are meticulously considered in its operational framework.
DynaScalp Backtesting
DynaScalp has undergone extensive backtesting across multiple currency pairs, with historical data spanning 10 years to prove its capability to perform consistently. However, potential users are advised to start with a demo account to gauge the robot’s performance, considering the absence of factors like commissions, slippage, and spreads in backtesting results.
Real, verified trading accounts employing DynaScalp software provide further evidence of its effectiveness. For those interested in delving deeper into the robot’s performance metrics, backtesting data for all supported currency pairs is available for download.
DynaScalp represents a significant advancement in forex trading technology, offering a robust and user-friendly solution for traders aiming to maximize their market potential through scalping strategies.
DynaScalp Review: Performance and Client Feedback
Understanding that algorithmic trading results, such as those from DynaScalp, are based on past data is crucial. This historical perspective does not assure future performance of the robot, and online trading inherently carries risks that should be considered.
Feedback from DynaScalp Users
Currently, there are no direct client reviews of DynaScalp on platforms like Trustpilot and Sitejabber. Nevertheless, potential users can explore LeapFX, the developer behind DynaScalp, on Trustpilot. Here, some reviews indirectly reference DynaScalp, often in a positive light.
Final Thoughts on DynaScalp
DynaScalp stands out as a fully automated scalping EA, noted for its lower drawdowns in comparison to other market robots. It is versatile, supporting 15 currency pairs and offering a decade of backtesting data. The robot exhibits a maximum drawdown of 17.31% on medium risk settings and just 7.27% on low risk.
As a scalping system, DynaScalp focuses on short, quick trades aimed at small profit margins. Therefore, it demands ideal broker conditions, including tight spreads, competitive commissions, and minimal slippage.
Due to the absence of extensive backtesting details, it is advisable to first operate DynaScalp on a demo account. This approach allows users to gauge its strategy and compare performance with their Myfxbook accounts before committing to live trading.
