Scalper EMA EA v1.01 Source Code MQ4 for MetaTrader 4 (MT4) is likely an Expert Advisor (EA) designed to implement a scalping strategy using Exponential Moving Averages (EMA) to identify short-term trade opportunities in the market. Scalping typically involves making numerous small trades with the goal of capturing small price movements. The Scalper EMA EA v1.01 likely uses the EMA indicator to determine the market trend and execute quick trades based on changes in that trend.

Key Features of Scalper EMA EA v1.01 for MT4:

1. Scalping Strategy:
   • Scalper EMA EA v1.01 is designed to take advantage of small price movements that occur over very short time frames. Scalping is a high-frequency trading strategy that seeks to make numerous small profits throughout the day. The EA will likely open and close trades quickly, aiming for small profits before exiting the market.
2. EMA-Based Strategy:
   • The EA relies on Exponential Moving Averages (EMAs), which are indicators that give more weight to recent price data. These moving averages are often used to identify short-term market trends. The Scalper EMA EA could be programmed to enter trades when specific EMA crossovers or levels are reached.
   • For example, the EA could open a buy trade when a shorter-term EMA (e.g., 5-period) crosses above a longer-term EMA (e.g., 20-period), signaling a potential upward trend. Conversely, it might open a sell trade when the shorter-term EMA crosses below the longer-term EMA, indicating a potential downward trend.
3. Short-Term Trades:
   • Given that scalping focuses on small profits, the Scalper EMA EA v1.01 will likely execute short-term trades with tight stop-loss (SL) and take-profit (TP) levels. These trades are usually held for only a few minutes to capture small price movements.
   • The Scalper EMA EA may open multiple trades per day, depending on the market conditions and the specific settings chosen by the trader.
4. Risk Management:
   • The EA likely includes basic risk management features, such as the ability to set stop-loss and take-profit levels for each trade. You can customize the SL and TP based on your risk tolerance and the market conditions.
   • Some scalping EAs also feature trailing stop functionality, which locks in profits as the market moves in your favor by adjusting the stop-loss level dynamically.
5. Trade Frequency and Execution Speed:
   • Scalping requires high-frequency trade execution, and the Scalper EMA EA is likely optimized for fast trade execution to capitalize on quick price movements.
   • It’s important to use a broker with low spreads and fast execution speeds for scalping strategies, as wider spreads and delayed execution can erode the profits from small price movements.
6. Timeframe Considerations:
   • The Scalper EMA EA v1.01 is likely optimized for lower timeframes, such as M1 (1-minute), M5 (5-minute), or M15 (15-minute) charts. On these timeframes, price movements tend to be smaller, and the EA can take advantage of frequent market fluctuations.
7. Customizable Settings:
   • As with most EAs, the Scalper EMA EA should allow customization of several settings, such as:
     • EMA Periods: Set the periods for the short-term and long-term EMAs.
     • Lot Size: Define the trade size, which can be fixed or adjusted based on account balance and risk.
     • Stop Loss (SL) and Take Profit (TP): Set the distance for SL and TP, either as fixed pips or based on a percentage of account balance.
     • Risk Settings: Control the risk per trade, such as the percentage of your account balance to risk.

Conclusion:

The Scalper EMA EA v1.01 for MT4 is an automated trading tool designed to execute a scalping strategy using Exponential Moving Averages to identify short-term market trends. Scalping strategies aim to capture small price movements, and this EA helps automate the process by opening and closing trades quickly.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week)

What’s in the package?

Experts:

• Scalper EMA EA v1.01 Source Code MQ4.mq4

Important Notes: Only MQ4 ( Indicators not included)

===========================================================

MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION

Telegram Channel : https://t.me/TheTradeLovers

Telegram Contact : https://t.me/TheTradeLover

Email : [email protected]m

Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13

Instant Download

Your files will be available to download once payment is confirmed.

Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.

Our Payment Options:👇

1) Bitcoin Wallet:

19osRLGdcrdKGq8HseVimFv4sPtWiVXht

2) USDT(Tether) Wallet: (ERC20)

0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0

3). USDT(Tether) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

3) TRX(Tron) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

4) XRP(Ripple): XRP Ripple

rNxp4h8apvRis6mJf9Sh8C6iRxfrDWN7AV

Memo 382047608

And another crypto wallet: on request

5) Paypal: https://PayPal.Me/thetradelovers

7) You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: [email protected]m

Payment After we will provide product within 90 minutes.

If you want any proofs of Indicator or have any questions then feel free to message

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: [email protected]m

Thank You ❤️

Disclaimer:

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.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.