This Scalper Expert Advisor is designed to operate as a fully automated scalping strategy and is developed for novice and experienced traders. Scalping is a very popular trading style, since it tries to minimize market exposure. Small steady profits is key. It uses multiple indicators to find market entries and aims for a profit factor of 2 or more. Scalprobot uses a sophisticated algorithm that only calculates entries when markets are retracing. This to prevent to be exposed to sudden spikes.
This scalper ea is fully customisable. So you can set it up according to your risk appetite. Make sure you are using an EA friendly broker to have optimal results. This robot can be used in a grid set up (not martingale!) or as a single trade EA where each trade comes with a stop loss and TP. The accounts below use the grid function or we like to call it trade sequence since it gives better results and is extrememly easy to manage.
Manual scalpers are basically glued to their screens. This is why we created this scalping robot, nothing is worse than to stress in front of a screen all day. With no more than just 10 minutes daily you can run this automated scalping trading strategy in a responsible way.
Risk warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. Currency trading involves high risk and you can lose a lot of money.
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