Trend Scalping EA V1.2 MT4  is an automated trading system designed for short-term trading, specifically scalping. Scalping involves making quick trades to capture small price movements within a short time frame. When the trend is bullish, the EA looks for buying opportunities, and when the trend is bearish, it seeks selling opportunities. A Trend Scalping EA primarily trades in the direction of the prevailing trend.

Introduction

The Trend Scalping EA V1.2 MT4 is an automated trading system designed for MetaTrader 4. It focuses on scalping strategies, which involve quick trades to capture short-term price fluctuations. Traders can use this EA to participate in the fast-paced forex market.

Key Features

1. Strategy: The EA trades breakouts from relative highs and lows. It identifies potential entry points using stop orders for rapid execution.
2. Timeframe: The recommended timeframe for this EA is H1 (1-hour candlesticks).
3. Currency Pairs: It works well with major currency pairs:
   • EURUSD
   • USDJPY
   • XAUUSD (Gold)
4. Deposit: The minimum recommended deposit is $300.
5. Risk Management:
   • No Martingale or Grid: Unlike some EAs, this one does not use risky strategies like martingale or grid trading.
   • Trailing Stop: Profits can be secured using an adjustable trailing stop.
6. Trading Costs: Since the strategy aims for small average profits, it’s crucial to choose a low spread and commission broker. Keep trading costs in mind!

How It Works

1. Highs and Lows: The EA identifies relative highs and lows in the price chart.
2. Entry Orders: Stop orders are placed at breakout points for quick execution.
3. Trailing Stop: As the trade progresses, the trailing stop adjusts to lock in profits.

The Trend Scalping EA V1.2 MT4 offers a disciplined approach to scalping. Remember to test different settings and use responsible risk management.

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 :

• Trend Scalping MT4.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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