Another one in a series of good robots that give excellent results. It works by default in the early evening hours and can be set during the working day during the EUR and USA sessions, while avoiding strong news.
It has the potential of good earnings with the use of stop loss, take profit philosophy. It is not in Martingale or Hedge or Grid mode.
It is highly praised by traders around the world.
Let’s take a quick look at this EA
Forex Scalp EA is an automated forex trading robot, it works on the MetaTrader 4 (MT4) platform, automated finding the best trades for you to win in the forex markets. It also has a powerful funds management system that makes your money grow in the form of compound interest.Forex Scalp EA uses the price action scalping strategy that does not depend on any indicator. No Martingale, No Grid.
It analyses all the forex price data to find the best entry point and the best exit point to earn the pips. Forex Scalp EA is an automated forex trading robot , it works on the MetaTrader 4 (MT4) platform, automated finding the best trades for you to win in the forex markets. It also has a powerful funds management system that makes your money grow in the form of compound interest.
Forex Scalp EA uses the price action scalping strategy that does not depend on any indicator. No Martingale No Grid. It analyses all the forex price data to find the best entry point and the best exit point to earn the pips.
Forex Scalp EA follows the FIFO (first in first out) rule and works well on every currency pair.
Compatible with any broker, it also works well with low leverage brokers, the leverage only needs more than 1:20, so it is friendly with USA users.
Here are the backtest results for the last ten years, from 2012 to 2022. Click on the image to view the detailed reports.
USDCAD M5
Performance
Take a look video below.
CONCLUSION:
This EA has a great potential,it is a Scalper EA and there are a many trades during the Scalping time. EA is very safe,and also you can make additional adjustment for “Scalping Time”. We get a lot Positive informations about success of this EA.
(+) PROS
Rated 5 out of 5
- Low DD
- Nice gain every day, every month
- EA is protect with TP/SL
(-) CONS
Rated 0 out of 5
Heavy to understand which working time is the best for this EA.
7 Comments
Personally use it EA 17days,it has 6 days with some bad trades and 11 with winning trades.I’m leave it as default.It is only for MT4 and it’s not depend from any kind of leverage and deposit.
It is best to deposit as much as possible to make the work more comfortable, minimum $50-$100.
May i use it on Dukascopy platform and leverage 1:30?
Is there any trial version of this EA?
As far as we know we find it on google on several places,but on outletforex shop we get on discount price + info about recommended pairs + also one fantastic gift.
What is the Gain of this EA?
It depend from your deposit,lot size,you can create your own MM there