Trading in the Forex market can be challenging, particularly for newcomers or those without sufficient knowledge to make informed choices. The Advanced Scalper Forex EA is a powerful tool designed for forex traders looking to capitalize on breakout opportunities. It follows a forex scalping strategy, targeting trades based on relative highs and lows, allowing traders to benefit from short-term price movements.
A key feature of the Advanced Scalper EA is its avoidance of risky martingale or grid strategies. Instead, it uses entry-stop orders to ensure fast execution, allowing traders to enter trades promptly and at optimal prices. This approach helps minimize risk by focusing on timing and price efficiency.
The EA is optimized for the EURUSD and USDJPY pairs in the H1 (1-hour) timeframe, making it ideal for traders interested in short-term movements in these currency pairs. With a built-in money management feature that requires only 200 currency units as a minimum, traders can use it with relatively small accounts while still taking advantage of breakout setups.
Overall, the Advanced Scalper Forex EA is a versatile tool for traders at any level who want to capitalize on breakout opportunities. With its scalping strategy, entry-stop functionality, and money management system, it’s well-suited to traders aiming to benefit from short-term forex market fluctuations.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
The Advanced Scalper Forex EA is a reliable and potentially profitable option, especially for experienced traders. Backtesting with a 14% risk per trade has shown promising outcomes. Its breakout-based approach is logical and easy to follow, while real-time account monitoring provides extra assurance of its capabilities.