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PLATFORM: MT4
TF: RECOMMENDED H1-H4
PAIRS: BTC, XAUUSD, EURUSD, GPBUSD , AUDUSD
MIN DEPOSIT: $500-1000 PER PAIR
EA CATEGORY: SCALPER
HOURS: AROUND THE CLOCK
LEVERAGE: 1:500
IMPORTANT: YOU NEED A BROKER WITH REAL LOW SPREAD (SCALPING) -DON´T BUY IT IF YOU DON´T KNOW YOUR OWN SPREAD.
FEATURES:
- Automated From Start To Finish: Opens, manages, and closes the best trades for you. No need to lift a finger.
- Legendary Great Trading Strategy: Plots chart price in real time to find the best entry and exit points with no lag.
- Real Time Broker Shield™: Keeps shady brokers from trading against you by guarding your trade information.
- Most Popular Forex Robot: The #1 choice of professional forex traders using expert advisors.
- Simple To Setup And Use: Designed for any skill level. Get up and running in less than 5 minutes.
TRADING SYSTEM OVERVIEW
Scalping trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Scalping trading refers to the trading approach which uses fixed price levels to enter and exit trades.
On the bright side, a Scalping trading strategy can profit from the same absolute market movement several times and can even make money if the market is moving against your grid. On the downside it can appear complex and illogical initially, it can incur large drawdowns if poorly managed, requires more patience than normal and may require forex traders to make a huge paradigm shift it their thinking.
Once a grid has been allocated, the system will cash-in profits every time the market moves the desired spacing and replace the trade as soon as possible to repeat the process. Hence, the expert advisor can cash-in the same price movement several times, capturing up to four or five times more profits than a single trade with the same exposure.
Scalping trading is a highly profitable and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. It requires no market timing or complicated analysis, but rather, the ability to forecast where the market won’t go in the long term and a good understanding of equity, exposure and leverage.
STRATEGY TESTER:
Recomendations PLEASE READ THEM CAREFULLY:
Broker: You should have a Scalping broker with 0 Spread or very low Spread, or one that pays per lot traded and has no Spread. If you have a broker and you do not know its Spread, you should find it out beforehand. IF YOUR SPREAD IS HIGH THE EA WILL NOT OPEN TRADES.
IF YOU USE A BROKER WITH 00 OR 000 NUMBERING, YOU MUST ADD AS MANY 0’S AS YOUR BROKER USES FOR THE SCALPER TO OPEN TRADES. IF IT DOES NOT OPEN TRADES IT IS VERY POSSIBLE THAT YOU ARE MISSING A 0 BEHIND THE SL AND TP, BUT IF THIS IS THE CASE CONTACT US AND WE WILL HELP YOU.
VPS: Not Required – But if you want, use a VPS or a hosting server with minimum network latency with respect to the broker’s server -It is always good to use the VPS recommended by your broker as they will work well with each other.
Exness