Ninja Scalper is a robot for trading a Scalping strategy on MT4. It was released for a long time in the MQL5 community. For now, it’s available only on this site.

Ninja Scalper: Characteristics

The description of the EA functionality is several pages short, but we could manage to find much important intel about it:

  • The robot is designed to trade on MT4.
  • It works on the M5 time frame, trading EUR/USD.
  • It uses statistical analysis of the past 20 years to find the best Entry and Exit Points.
Ninja Scalper: Characteristics
  • We can customize max slippage, and max spreads to not open new trades if the broker doesn’t provide proper conditions.
  • There are three risk levels: Moderate, Aggressive, and Very aggressive.
  • The minimum deposit should be $50 for trading with a 0.01 Lot Size.
  • If we want to use more aggressive trading, we have to have a higher account balance.
  • The VPS and ECN-account combo is recommended for this EA.
  • The minimum leverage should be from 1:300.
  • The robot supports FIFO-rules.
  • The EA takes into account commissions and swaps while it’s going to close a position.

Currency Pairs, Strategy & Timeframe

  • The EA works on the M5 time frame, trading EUR/USD.
  • It uses Trend Indicators like MACD and others (MSI, Moving Average, Moving Average Strange) to be sure it’s not a fake trend.
NINJA SCALPER Strategy
  • The first unbuilt strategy is Trend one. 
NINJA SCALPER Strategy
  • If trend trading doesn’t work, the EA performs a Grid strategy, opening several orders.
  • The minimum deposit should be $50 for trading with a 0.01 Lot Size.

Ninja Scalper Trading Performance

Ninja Scalper Trading Performance

There are onsite screenshots of a performed backtest. This one was EUR/USD on the M5 time frame for eight months with high spreads (10 pips).

NINJA SCALPER backtest
NINJA SCALPER backtest

There’s no modeling quality. The initial deposit was $3000. A total net profit was +$494.05. The Profit Factor was 2.19. The maximum drawdown was 8.19%. The robot performed 301 trades with a 70%-72% win-rate.

NINJA SCALPER Myfxbook

The robot doesn’t have a real account. This is a demo EUR account on Tickmill. The EA trades automatically, using technical indicators, trading with 1:400 leverage on the MetaTrader 4 platform. A track record of this account is not verified. The account was created about half a year ago on Match 10, 2020. Since then, the absolute gain has become +30.36%. An average monthly gain is +3.01%. The maximum drawdown was sky-high (-50.41%). 

NINJA SCALPER advanced statistics

It has closed 406 deals with 861 pips. An average win (12.62 pips) is higher than an average loss (-10.66 pips). The win-rate is 57% for Longs and 51% for Shorts. An average trade length is over ten hours. The Profit Factor is 1.71.

NINJA SCALPER trading results

The EA provides more pips trading in the BUY direction (567) than the SELL one (294).

NINJA SCALPER trading results

The EA focuses on trading a European session and the first part of an American session.

NINJA SCALPER trading results

Tuesday and Friday have the most open trades.

NINJA SCALPER trading results

The robot works with high risks. There’s a 44.77% chance of losing 10% of the account.

NINJA SCALPER trading results

As we can see from the trading results, it’s a Grid and Martingale madness. Lot Size jumps from 0.01 to 0.05, 0.12, even to 0.15 from a deal to deal. Using Martingale on less than an 80% win-rate is a strange way to Stop Out.

How much does it cost?

NINJA SCALPER price

There are four packages: one lifetime and three subscriptions. A 30-day rent costs $30. We’ll get support for a month. It allows trading on one PC (?). A three-month subscription costs $50. A half a year subscription costs $100. The lifetime license costs $150. It includes unlimited updates, support, use on ten PCs (?), and access to the Telegram group. We don’t know how many real and demo licenses are on the board. The vendor doesn’t provide a money-back guarantee.

Reviews from customers

NINJA SCALPER Reviews from customers

The presentation has started with a statement like a “5/5 rating. 100% satisfied.” They did it on the background that was picked from reviews on MQL5. If you read them, you find that people talk about a Samurai EA, not about Ninja Scalper.

NINJA SCALPER Reviews from customers
NINJA SCALPER Reviews from customers

Both versions of the product were removed from MQL5.

Should You Use Ninja Scalper?

ProsCons
No prosA lot of manipulations in the presentation
No team revealed
Grid strategy is on the board
Demo account trading results
Weird Lot Size calculation
High maximum drawdown
Fake comments are provided
The robot was removed from MQL5
There’s no money-back guarantee

Conclusion

Ninja Scalper is a scalper that can switch for trading Grid if the scalping strategy falls. It sounds weird because Grid is much riskier than Scalping. The trading results showed that money-management and calculating Lot Sizes are bad-designed. The only reason to set 0.13 Lot Size instead of 0.01 is that there’s a Martingale strategy on the board, and the system tries to recover after a loss. So, it’s a bad sign because the win-rate is less than 60%. Grid plus Martingale just blow the account.