Han EA is a free, fully automated MT4 fast scalping robot designed to identify short-term trading opportunities in volatile currency markets. This expert advisor operates based on a scalping strategy, trading during specific time windows that can be adjusted in the settings.
Han EA leverages small market movements and candlestick patterns in high-volatility conditions, using indicators like Envelopes, RSI, and Moving Averages to execute trades. It avoids risky strategies like martingale or grid systems, making 1 to 10 trades per day, while limiting itself to one open trade at a time. Every trade is protected by a small stop-loss and take-profit, with the added option of a trailing stop.
The EA allows for either fixed-lot trading or auto-lot functionality, where the trade size increases automatically based on specified criteria. With a low maximum drawdown, Han EA is suitable for smaller account balances.
Han EA MT4 Fast Scalper Recommendations:
Minimum account balance: $50Best currency pairs: GBP/USD, GBP/JPY, EUR/USD (can trade on other pairs)
Recommended timeframe: M1 (works on any timeframe)
Recommend running this free forex EA on a VPS (Vultr)Low Spread ECN account is also recommended Icmarket and Exness
Account type: A low-spread account is highly recommended for optimal performance.