Scalpidot M5 EA for MT4
Scalpidot is an advanced algorithmic trading robot designed for efficient scalping in the Forex market, specializing in GBPUSD and XAUUSD. With cutting-edge technology and unique algorithms, Scalpidot ensures automated trading with high speed and accuracy, enabling users to maximize profits from even small market movements.
Key Features of Scalpidot M5 EA:
- High Speed and Accuracy: Utilizing advanced algorithms, Scalpidot quickly analyzes market data and makes instant trading decisions.
- Full Automation: The EA fully automates the trading process, eliminating human errors and operating around the clock without manual intervention.
- Flexible Settings: Scalpidot allows users to customize its parameters, including the initial lot size, the number of open orders, trailing stop, and more.
- Safety and Risk Management: Built-in risk management features such as global stop-loss levels and spread control ensure safe trading and capital protection.
Trading Recommendations:
- Currency Pair: GBPUSD and XAUUSD (GOLD).
- Timeframe: M5.
- Minimum Balance: $1,000.
- Leverage: From 1:50.
- Platform: MetaTrader4 (MT4).
Key Algorithms Behind Scalpidot:
- Price Dynamics Analysis: Scalpidot continuously collects real-time tick data and compares price movements to determine market direction, enabling timely trade entries.
- Trend Identification: The robot employs multiple technical indicators such as RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Stochastic Oscillator to detect trends and signal optimal buy/sell moments.
- Order Management: Scalpidot manages multiple orders simultaneously, optimizing lot sizes based on account balance and risk levels. Trailing stops automatically adjust as the price moves in favor of the trade, securing profits while minimizing risk.
Advanced Parameters:
- initialLotSize: Sets the initial lot size for the first trade.
- maxOrders: Limits the number of open positions to reduce risk.
- trailingStop: Adjusts the stop-loss level as the trade moves in a profitable direction.
- globalStopLoss: Sets a fixed stop-loss level for each trade, ensuring maximum loss control.
- magicNumber: A unique identifier for Scalpidot’s orders, preventing conflicts with other strategies or manual trades.
Backtest Performance Results:
Scalpidot underwent rigorous testing over a four-year period (2020–2024) on the GBPUSD pair. The backtest demonstrated strong results, including:
- Profit Factor: 2.44, indicating that the EA generated more than twice the profit relative to its losses.
- Drawdown: A low drawdown of 6.83%, indicating strong risk management and stability even during market fluctuations.
- Total Net Profit: $3,152,801.74 with an initial deposit of $1,000.
- Winning Trades: The EA achieved a 52.16% win rate on its trades, with 14,904 out of 28,576 total trades resulting in a profit.
- Maximum Consecutive Wins: 16 consecutive winning trades, contributing to significant account growth.
The detailed performance graphs showcase Scalpidot’s consistent profit growth and its ability to withstand challenging market conditions while maintaining profitability.
Conclusion:
Scalpidot is a comprehensive and powerful tool for scalping in the Forex market. Its robust algorithms, flexibility, and sophisticated risk management systems make it ideal for both novice and experienced traders. Whether used on a PC or VPS for 24/7 trading, Scalpidot is a reliable partner for automated trading in the fast-paced Forex market.