Fast Scalper EA MT4 -This Robot makes a profit quite quickly, it does scalping on Forex Pairs. It shows good results on EURUSD and EURJPY,(Any Pair) also.
his EA works when spike is coming back. Executes a pending order according to spike and executes it on reversal.
- No standard indicators.
- No grid trading.
- No arbitrage.
- No curve fitting according to back-test results
- No Hedge
- Very low Stop Loss Ratio
Can be started with $100 only, tested with 99.90% data Modelling quality.
Recommendations:
- Developed for M1, EURUSD
- ECN Broker with 5 points
Settings
- Spread: Need to be as low as possible.
- Trailing Enable/Disable: Either true or false. It decides either Trailing stop should work or not.
- Trailing stop value: Pips that need to be allowed before hitting the trailing stop.
- Money management by EA: EA will decide the lot size if this parameter is set to true.
- Risk Level: % of an amount to risk, works with money management
- Manual Fixed lot: Manual lot can be given to EA, for manual lot to work “Money management by EA” needs to be false if manual lots are required.
- Max Lot size: Maximum size of the lot for trading
- Magic buy: Unique identifier for buy order
- Magic sell: Unique identifier for sell order
- Take profit: Amount of pip’s to take profit
- Stop Loss: Amount of pip’s to take loss
- Trade Gap: On reversal, market comes back. It’s the distance of market peak and pending order
- Market jump before buy execution: Single candle jump in pips before buying
- Market fall before sell execution: Single candle fall in pips before buying
- Number of digits for lot: number of digit after a decimal point e.g for 0.01, there are two digits
- Multiplier for second trade: For some trades there is another trade to cover the loss, that trade will be multiple of the first trade.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
What’s in the package?
- Experts : FAST SCALPER MT4 EA.ex4
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
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The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
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