MasterScalper PRO EA For FREE DownloadMasterScalper PRO EA For FREE Download
Master Scalper Pro EA has an optional martingale feature that you can turn on/off. What is unique about this system's algorithm is its ability to filter how martingale is performed. It will only activate martingale trading during trend conditions. The system's martingale function is risk-free based on the performance of real accounts.
Please test in a demo account for at least a week first. Also, please familiarize yourself with and understand how MasterScalper PRO Robot works and then only use it on a real account.
Recommendations
- Minimum account balance is 100$ .
- Work best on EUR/USD, GBP/USD, EUR/JPY and GBP/JPY. (Work on any pair)
- Work best on H1 Timeframe . (Works on any time frame)
- FTMO challenges contain settings (preset files).
- In order to achieve stable results, Master Scalper PRO EA should be run 24/7 on a VPS. Therefore we recommend running this free Forex EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
- Low Spread ECN accounts are also recommended ( find the best broker for you here )
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Input Parameters
GENERAL SETTINGS
- SubscriptionCode – Your premium user license code.
- UseMarti – when set to TRUE, it enables the EA to open trades according to the typical Martingale strategy.
- LotSize – Set the initial lot size to open the position.
- TakeProfit – Set the target price for the main strategy trade. The recommended score is 50 points.
- StopLoss – Set stop loss for main strategy trades.
- PriceGap – Set up a Martingale strategy to start building trading gaps.
- LotMultiplier – multiplier set to the initial lot size declared for Martingale trades.
- MaxMartiOpen – sets the maximum number of martingale trades to open.
- TradeOnReverse – when set to TRUE, the EA will open trades when the signal reverses.
- Slippage – Set the maximum slippage allowed by the Expert Advisor.
- MagicNumber – Sets a unique identifier for a specific pair trade.
- ChartTemplateName – Set the name of the weekly activated chart template. This is to reload/update news rows when UseNewsFilter is set to TRUE.
MONEY MANAGEMENT
- UseMoneyMngt – When set to TRUE, money management is enabled.
- RiskPercentage – Set the risk percentage to calculate lot size for money management.
ACCOUNT PROTECTION
- Use Account Protection – When set to TRUE, the Account Protection feature is enabled.
- MaxDailyLossAmount – Set the maximum withdrawal amount for the account. Once this target is reached, the EA will close all open trades on the account.
- Daily Maximum Profit Amount – Set the maximum profit for the account. Once this target is reached, the EA will close all open trades on the account.
- AutoResume – When set to TRUE and MaxDailyLossAmount or MaxDailyProfitAmount is also set to TRUE, automatic trading will remain active when MaxDailyLossAmount or MaxDailyProfitAmount is reached. If FALSE, automated trading will be disabled.
- AutoExitOnFriday – When set to TRUE, all open trades will be closed 30 minutes before market close.
- MartiExitStrategy – When set to TRUE and open trades last more than 4 hours since opening, the EA will immediately close all open trades as soon as the floating P&L becomes positive.
TRAILING SETTINGS
- UseTrailingStop – When set to TRUE, enables the trailing stop function.
- TrailStart – sets the starting point for trailing stops.
- TrailStop – Set a trailing stop loss.
NEWS FILTERING
- UseNewsFilter – When set to TRUE, news filtering will be enabled.
- NewsSource – Set the source of the economic calendar to be used.
- IncludeLow – When set to TRUE, low-impact news will be included in the chart.
- IncludeMedium – When set to TRUE, medium impact news will be included in the chart.
- IncludeHigh – When set to TRUE, high-impact news will be included in the chart.
- IncludeNFP – When set to TRUE, low NFP news will be included in the chart.
- StopMinutesBefore – Set the number of minutes before the EA stops trading before news is released.
- ResumeMinutesAfter – sets the number of minutes after which the EA resumes trading after a news release.
- NewsGTMOffset – Sets the difference between the broker's current server time and gmt's current time.
TRADING SESSION
- UseTradingHours – When set to TRUE, the trading hours feature will be enabled.
- ManualGMTOffset – sets the difference between the broker's current server time and gmt's current time.
- TradeAsianMarket – When set to TRUE, the EA will be allowed to trade on the Asian market.
- Trade European Market – When set to TRUE, the EA will be allowed to trade during the European market.
- TradeNewYorkMarket – When set to TRUE, the EA will be allowed to trade on the New York market.
It may show expired, please ignore it. The EA will work normally.
- Read More What is FTMO? & How to get started
ForexCracked.comMasterScalper_PRO.zip
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