The Scalper AvtomatFX EA is a free, fully automated intraday scalping Expert Advisor designed to take advantage of tick-by-tick price movements in the Ask and Bid values. It’s ideal for trading in ranging markets, where it strategically closes profitable orders while allowing open orders to balance out any unrealized losses. Although automated, the EA also provides the flexibility for experienced traders to make manual adjustments if desired.
Key Feature: “Earnings in the TIME INTERVAL” Algorithm
The EA’s unique “Earnings in the TIME INTERVAL” algorithm is designed to manage profit-taking over specific time intervals. Here’s how it works:
- Time Point Setup: The EA marks the beginning of a time interval, called “Time_Point,” displayed on the info panel.
- Profit Calculation: It calculates profit from all closed orders after the Time_Point.
- Ongoing Analysis: Every tick, the EA analyzes both closed and open orders’ profit/loss to track overall profitability.
- Profit Target: Once the profit (from closed orders and open order positions) exceeds the planned target profit, the EA closes all open orders, resets the Time_Point, and begins a new interval.
The EA can open a high volume of orders, often reaching up to 300–400 during active trading sessions. Since many brokers limit the maximum open orders to 200, this EA includes a built-in feature to monitor and manage the order limit, preventing trading errors. 
Recommendations for Using Scalper AvtomatFX EA
Account Size:
- Risky Method: A $100 account can be used for high-risk, high-reward trading, aiming to double the balance but carrying the risk of account loss.
- Safe Method: Use a $100 cent account or equivalent for more stable growth.
Currency Pairs: Optimized for EURUSD, AUDUSD, NZDJPY, AUDJPY, USDCHF, and GBPUSD, but compatible with other pairs.
Timeframes: Works best on M1 and M5 but adaptable across different timeframes.
Manual Familiarization: Review the EA manual thoroughly before live trading to understand its full capabilities and settings.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
