Home Forex Service Review Marauder Forex Scalper Review

Marauder Forex Scalper Review

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Marauder is an Expert Advisor that was uploaded to the mql5 marketplace in May of 2018 by the author Andrey Kolmogorov. The EA was last updated to version 1.6 in October of 2019.

Overview

This EA is a scalper that makes trading decisions based on a set of algorithms that make it possible to work with any financial instruments or strategies on the MT4 platform. The robot doesn’t need to be closed by the user during news releases and takes other precautions against riskier trading, such as opening orders with a strictly fixed stop loss and not allowing the use of the historically risky Martingale strategy. Additional risk-management and optimization settings are also included. It works with any currency pairs on ECN accounts with leverage above 1:200. Default parameters are set to the M5 timeframe, but it is possible to use any desired timeframe.

Service Cost

The overall price of this EA is very high – it costs $1,090 USD to purchase with 10 activations. There are options for renting at a rate of $300 for 3 months or $700 for one year, but even these prices are steep. You’ll also need to make a deposit of at least $100 into your trading account, although this cost is an average starting amount. The price will put this particular EA out of many user’s price ranges but testing is still a possibility on the free demo version.

Conclusion

Marauder is a fully functioning EA that allows users to implement various strategies and work with any type of financial product on one of the most popular trading platforms on the market. Despite the high price, the EA has managed to attract a large number of traders; more than 2,500 users have tested the demo account and it has received nearly 500 comments along with reviews.

Here’s what some users are saying:

“Amazing, use extreme set and scored 180% over a month period…low Drawdown below 20%…” -gunners79

“Awesome EA. Very impressed. Ran on a live account with $100. Almost 70% return in a month with less than 1 % down draw, using the extreme set files on 3 pairs. I can’t believe how well it went! Andrey was very responsive and helpful.” -Michael

“I use the EA on several crosses, but GBPUSD and AUDUSD got the best return.” -Michael N.

As you can see, multiple users have good things to say about this EA. That isn’t to say that others didn’t take losses, as trading with any type of EA or indicator cannot guarantee profits if the user isn’t using effective risk-management in combination with other measures. If you can afford it, then this EA could be an excellent addition to your terminal, so long as it is used effectively.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/28670

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