Advanced Scalper Forex EA MT4 Free Download Advanced Scalper Forex EA MT4 Free Download

Trading the Forex market can be challenging, especially for those who are new to the market or who need more knowledge to make informed decisions. The Advanced Scalping FX EA is a powerful tool for Forex traders who wish to take advantage of breakout opportunities in the Forex market. This expert advisor follows a Forex scalping strategy that trades prices from relative highs and lows, allowing Forex traders to take advantage of short-term market movements.

One of the key features of this EA is that it does not use any martingale or grid functionality, which can be risky for traders. Instead, it uses entry stop orders for the fastest execution possible, ensuring traders can quickly enter trades at the best price possible. This feature ensures traders can place trades at the right time and at the best possible price, which helps minimize the risk of losses.
The Advanced Scalping Forex EA is optimized for the EURUSD and USDJPY currency pairs in the first half time frame. This means that traders can use EAs to trade these currency pairs on the 1-hour time frame and take advantage of short-term market movements.
The EA also has built-in money management functionality, which requires a minimum of 200 currency units. This means traders can use EAs with relatively small accounts and still be able to take advantage of market breakouts.
Overall, the Advanced Scalping Forex EA is a powerful tool for traders looking to take advantage of market breakouts. With its scalping strategies, entry stop orders, and built-in money management features, the EA is an excellent choice for traders of all levels looking to take advantage of short-term market fluctuations.

Please test in a demo account for at least a week first. Also, please familiarize yourself and understand how Robot MT4 works, and then only use it on a real account.

Advanced Scalping Forex EA Settings

Buy Trades: Allows the EA to execute buy orders.

Sell ​​Trades: Allows EA to execute sell orders.

Timeframe: Determines the time frame of candles used to identify highs and lows.

BarsN: Adjust the sensitivity of the high and low algorithm. The smaller the value, the more high points and low points. The larger the value, the fewer high points and low points.

Order Buffer Point: Determine the distance of the order from the highest/lowest price.

Trading Volume: The mode for calculating the lot size of each transaction.

Fixed Lots: The lot size of each transaction if fixed volume mode is selected.

Balance risk percentage: After calculating the lot size, if the initial stop loss is triggered, a certain percentage of the account balance will be lost.

TP Points: The distance between the pending order price and the take profit price.

SL Points: The distance from the pending order price to the stop loss.

TSL Trigger Points: Once the trading profit exceeds the TSL trigger point, the trailing stop will be activated.

TSL Points: Trailing Stop will be set below the current market price.

TSL Step Points: The stop loss value will only be modified if the stop loss value is at least higher than the previous stop loss value.

Time Filter: Enable or disable the time filter that is checked before placing new orders.

Start Hour: The time when trading hours are allowed to begin.

Start Minute: The minute in which trading time is allowed to begin.

End Hour: The time allowed for the trading hour to end.

End Minute: The minute allowed for the end of trading time.

Drawdown monitoring: activates or deactivates a mechanism that closes all trades when unavoidable losses occur.

Maximum Daily Drawdown Percent: If a stock or balance falls below this percentage of the day's starting balance, drawdown monitoring is triggered.

Order Comment: Add comments for each order placed by the EA.

Magic Number: A unique number used to identify EA transactions.

Chart Comment: Enable or disable the comment in the upper left corner of the chart.

Additionally, the EA includes an adjustable trailing stop feature, allowing traders to secure profits if the market moves in their favor. This is particularly helpful for traders looking to maximize returns while minimizing risk.

Advanced Scalping Forex EA Results

Advanced Scalping Forex EA is a reliable and profitable scalping strategy for experienced traders. Backtesting using default settings and a risk of 14% per trade produced promising results. This EA is suitable for those who want to make breakout trades in the market and ensure quick profits.

Advanced Scalping Forex EA is extremely valuable for traders looking for a reliable and profitable scalping strategy. Its breakthrough-based approach is logical and its precise setup makes it easy to understand and use. Additionally, the live account monitoring feature adds an extra layer of confidence in its performance.

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