Yet Another Night Scalper Review

“Yet Another Night Scalper” is an Expert Advisor called YANS in short which was developed by Timo Shroeter.The name of this software is self-explanatory to what it does. It works between the end of the New York & beginning of the Asian session. So, it just looks for trading opportunities while “the New York session closes to pave way for the Asian session”, when the markets tend to be ranging & scalpers have high probability of collecting profit.

Features :

• • Type : Forex Robot.
  • Strategy : Scalper.
  • Timeframe : Any.
  • Pairs : EUROUSD.
  • Price : $800. 

Doesn’t utilize martingale , grade or hedging tactics. There’s a very little information on Timo in developer’s MQL5 profile about it or even anywhere else in online . For support , traders can either message Timo via private message or Whatsapp support group that he has created for his clients. It requires using a low spread broker & a virtual private server (VPS) just like any other scalper. The best thing about it is that the best traders can start as little as $100. This forex robot also utilizes a 20 pip hard stop loss . In fact, the algorithm it uses is so smart that it will always avoid hitting those stops regularly. But on the other hand , it’s really overpriced. As we can see that YANS can trade a small account of $100 & at the very same time buying cost of it is $800 , which is really high. Selling a trading tool for $800 & targeting $100 client just doesn’t make sense at all. Selling the fx robot for that high price means they’re targeting high net worth $1000 clients. There’s a solution to it. Traders can test this robot on a demo account for free or even rent it per month for the price of $60 only. So , using the demo account or renting it is definitely a good option.Again , history says, a tight stop loss is likely to be hit during market events or when trading conditions aren’t stable & for this very reason some clients have also complained about the robot.

Performance of YANS :

From the strategy report, we can see that it’s quite profitable. But, outside of these reports I couldn’t find any external sources to verify “Yet Another Night Scalper” is capable of working with extreme precision. Surprisingly, there’s no Myfxbook account attached to the sales page , with the system going for such a long price tag. So , it’s hard for me to recommend or even try it myself in this day & era , that with almost nothing for me to analyze. When it comes to investing or trading real money I certainly don’t like to go blind & this particular case feels just like that.

Client feedback

Currently, there’re 17 reviews for this software , including a couple of 5 star & 1 star reviews. I don’t like to say it but I’m definitely not surprised to see YANS EA rating with a 1 star. Moreover, I see YANS EA has been accused for not being capable of handling market events properly. Early September has been a tough time for scalping systems & it seems like YANS EA couldn’t avoid many of the huge loss. One even complained that the software doesn’t work on large accounts & traders should stick to small trading accounts if they’re willing to use the software.

Conclusion

Looking at the features of YANS EA , I wanted to jump at the opportunity to purchase YANS EA. But, it’s overpriced tag changed my opinion. If this was a cheaper system I would certainly like to buy it happily. Moreover, with no trading results & erratic reviews it totally seems disappointing to me.I would not buy it but I would like to try it on rent.