SCARLET EURUSD EA is a fully automated scalping Expert Advisor (EA) available for free download. It offers consistent monthly account growth of around 5% to 10% and is designed to perform well under most market conditions.
The strategy behind SCARLET EURUSD EA focuses on profiting by buying dips and selling in line with the medium-term market trend. By using a combination of settlement conditions, the EA steadily accumulates profits while minimizing risk. It operates with caution, opening only 2 to 5 trades per week and never holding more than one trade at a time.
Unlike high-risk strategies such as martingale, grid, or high-frequency trading (HFT), SCARLET EURUSD EA employs a conservative approach. Each trade is protected by both a stop-loss and take-profit, ensuring that profits are secured while losses are minimized.
It is strongly recommended to test the EA on a demo account for at least a week. Familiarize yourself with how the SCARLET EURUSD EA operates before using it on a live account.
Recommendations for SCARLET EURUSD
- Minimum of 100$ Account Balance for 0.01 lots per pair.
- Work Best on EURUSD pair. (Work on any pair)
- Work best on M5 TimeFrames. (Work on any Timeframe)
- Copy all the files, including the libraries folder .dll file. (If this .dll file already exists, replace it with this EA new one)
- Recommend running this free forex EA on a VPS (Vultr)
- Low Spread ECN account is also recommended Icmarket and Exness