Introducing the GTX Scalper EA for MT4 by Vladimir Mametov
Welcome to the GTX Scalper EA for MT4, a cutting-edge automated trading advisor designed by the esteemed Vladimir Mametov. This expert advisor is crafted to deliver exceptional trading performance on the EURUSD currency pair. Available on CheaperForex.com, the GTX Scalper EA is your gateway to precise and profitable trading in the Forex market.
How the Strategy Works
The GTX Scalper EA for MT4 employs a sophisticated scalping strategy that operates on the 1-hour (1H) timeframe. This strategy leverages advanced technical indicators and precise input settings to identify optimal entry and exit points in the EURUSD market. The EA is designed to open trades with a unique Magic Number (375) and manages slippage with a maximum filter of 3 pips, ensuring high accuracy and minimal trading errors.
The EA’s inputs include various trade settings, such as the ability to filter trades based on the maximum spread, customizable order comments, and an auto lot size feature that adjusts according to your account leverage. For example, with a leverage of 1:500, the recommended auto lot size is 0.2, which adjusts to 0.15 for a leverage of 1:300, 0.07 for 1:100, and no more than 0.02 for 1:30.
Key features of the GTX Scalper EA include customizable take profit, trailing stops, and stop loss settings. By default, take profit is not used, while the trailing stop is set at 22 pips. The stop loss is controlled by the maximum drawdown parameter, allowing for effective risk management and trade control.
The EA also includes a mechanism to close unprofitable orders by utilizing 1 or 2 additional orders with increased lot sizes, triggered by trend change signals. This feature helps to mitigate losses and enhance the overall performance of the EA.
Trading Specifications
To achieve optimal results with the GTX Scalper EA, follow these recommended trading specifications:
- Trading Pair: EURUSD
- Working Timeframe: 1H (1-hour chart)
- Minimum Deposit: $100
- Leverage: Preferably 1:100 or more
- Trading Conditions: Preferably ECN accounts with low spreads
Our Thoughts About It
The GTX Scalper EA for MT4 by Vladimir Mametov is a remarkable tool for traders seeking precision and effective trade management. Its robust strategy, combined with customizable settings, makes it suitable for both novice and experienced traders. The EA’s ability to use additional orders to close unprofitable trades is a standout feature, demonstrating a proactive approach to risk management and profitability.
Reviews
Our customers have provided positive feedback on the GTX Scalper EA. Here are some of their experiences:
- James P.: “The GTX Scalper EA has significantly improved my trading results. The precision in trade execution and the ability to customize settings to my preferences have been game-changers.”
- Laura H.: “I appreciate the intelligent risk management features of this EA. The use of additional orders to close unprofitable trades has saved me from significant losses. It’s a must-have tool for serious traders.”
- Robert K.: “As a beginner, the GTX Scalper EA has provided me with a reliable and automated trading solution. The support and resources available on CheaperForex.com have been invaluable in optimizing the EA’s performance.”
Conclusion
In conclusion, the GTX Scalper EA for MT4 by Vladimir Mametov is an advanced and reliable trading tool designed to maximize your trading potential on the EURUSD currency pair. Its sophisticated strategy, customizable inputs, and robust risk management features make it an indispensable asset for any trader. Available on CheaperForex.com, the GTX Scalper EA offers the precision and profitability you need to succeed in the Forex market.
Explore the capabilities of the GTX Scalper EA for MT4 today and elevate your trading to new heights!