Advanced Scalper EA for MT4: Your Ultimate Trading Solution
Introduction
Welcome to the cutting-edge world of forex trading with the Advanced Scalper EA for MT4. This professional trading robot has been meticulously developed over many years, incorporating sophisticated algorithms and state-of-the-art technology to deliver consistent and reliable trading results.
Designed to cater to both novice and seasoned traders, the Advanced Scalper EA offers unparalleled flexibility and customization to suit your unique trading style and objectives. Available exclusively at CheaperForex.com, this EA is poised to revolutionize your trading experience.
![Advanced Scalper EA Live Performance Signal Advanced Scalper EA Live Performance Signal](https://cheaperforex.com/wp-content/uploads/2024/06/Advanced-Scalper-EA-Live-Performance-Signal.png)
Strategy Overview
The Advanced Scalper EA employs a dual approach to trading, making it versatile and adaptable to various market conditions. Its primary strategy revolves around a High/Low breakout system, which is used for automatic entry calculations. This method leverages market volatility and liquidity to pinpoint optimal entry points for trades. Additionally, the EA serves as a powerful tool for manual trading strategies, allowing traders to determine entry points while the EA manages exits with precision.
![Advanced Scalper EA Backtest Advanced Scalper EA Backtest](https://cheaperforex.com/wp-content/uploads/2024/06/Advanced-Scalper-EA-Backtest.png)
Key Features of the Advanced Scalper EA include:
- Advanced Exit Algorithms: Sophisticated algorithms ensure optimal exit points for trades, maximizing profits and minimizing losses.
- Spread Filter: Prevents trading during unfavorable market conditions, ensuring only the best opportunities are taken.
- Slippage Control: Manages slippage to prevent significant losses during periods of heavy market movement.
- Full Customization: Offers numerous setup possibilities to tailor the EA to your specific needs and preferences.
Trading Specifications
- Recommended Pair: The EA is optimized for low spread markets with high liquidity. Recommended currency pairs are EURUSD and USDJPY.
- Timeframe: While the EA can operate on any timeframe, for more secure entry points, it is recommended to use H1 (1-hour) or H4 (4-hour) timeframes.
- Minimum Balance: The recommended minimum balance for running a full setup is $150.
Main Characteristics
- Strict Stop Loss Usage: Every trade is protected by a stop loss to manage risk effectively.
- Advanced SL Management: The EA employs sophisticated stop loss management techniques to secure profits and limit losses.
- Spread and Slippage Control: Filters out trades during bad market conditions and manages slippage to prevent unexpected losses.
- Fully Automatic Mode: Allows for adjustable entry points and automated trading based on predefined criteria.
- Manual Trade Support: Can be used to manage exits on manual trades or trades initiated by other EAs.
- High-Quality Backtests: Survives rigorous backtests with real variable spreads, commission, and random slippage at 99% tick quality.
- Proven Live Results: Demonstrates consistent performance on high-balance accounts across multiple brokers.
Setup and Usage
For optimal performance, it is recommended to use the Advanced Scalper EA with brokers that offer low spreads, low commissions, and fast execution. ECN brokers typically meet these criteria and are ideal for running this EA.
Recommended Setup:
- EURUSD H1:
- Open 4 EURUSD H1 charts.
- Drag the EA to each chart and load the respective set files: EURUSD_H1_SL14.set, EURUSD_H1_SL22.set, EURUSD_H1_SL17.set, and EURUSD_H1_SL18.set.
- USDJPY H4:
- Open 2 USDJPY H4 charts.
- Drag the EA to each chart and load the respective set files.
- USDJPY H1:
- Open 2 USDJPY H1 charts.
- Drag the EA to each chart and load the respective set files.
These set files are designed for a low-risk setup, ensuring that your trades are managed efficiently and effectively.
Final Verdict
The Advanced Scalper EA for MT4 is a groundbreaking trading tool that combines cutting-edge technology with sophisticated trading strategies. Its dual approach, offering both automated and manual trading capabilities, makes it an invaluable asset for any trader. With its advanced exit algorithms, spread filter, slippage control, and full customization options, the Advanced Scalper EA stands out as a premier solution in the world of forex trading. Whether you are a novice looking to automate your trading or a seasoned trader seeking to enhance your strategies, this EA delivers consistent and reliable performance.
Available exclusively at CheaperForex.com, the Advanced Scalper EA is your key to unlocking the full potential of forex trading. Don’t miss out on the opportunity to elevate your trading game with this exceptional expert advisor.
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