Hamster Scalping EA V20 is a fully automated trading software designed for traders of all experience levels. It offers two trading modes—scalping for quick, low-risk trades and martingale for those seeking higher risk and reward. This EA leverages the RSI (Relative Strength Index) to identify overbought or oversold market conditions, combined with an ATR (Average True Range)-based filter that ensures there is enough market volatility to increase trade profitability.
Key Features
- Fully Automated: Once configured, the EA operates without manual intervention.
- Two Trading Modes: Offers both a scalping mode for quicker trades and a martingale mode for those open to higher risk.
- Adaptive Indicators: Uses RSI and ATR to adjust to varying market conditions.
Risks
- Martingale Mode: This mode carries high risk, which can lead to substantial losses.
Recommendations for Hamster Scalping EA V20
Minimum Account Balance: $100.
Optimized for EURUSD: Performs best on EURUSD, though it can work on other pairs. 
Best Timeframe: M5 is recommended, but users may experiment with other timeframes.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Recommendation: A low-spread, fast-execution ECN account is advised for optimal performance (find a recommended broker here).
