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FX SCALPER 4X EA Unlimited MT4

Original price was: $499.00.Current price is: $12.00.

FX Scalper 4X EA Unlimited MT4 is an automated trading system (Expert Advisor) designed specifically for the MetaTrader 4 (MT4) platform. It focuses on scalping, a strategy that aims to make small profits from quick, short-term trades in the forex market. Scalpers typically look for small price movements and execute numerous trades throughout the day.

50 in stock

Description

FX Scalper 4X EA Unlimited MT4 is an automated trading system (Expert Advisor) designed specifically for the MetaTrader 4 (MT4) platform. It focuses on scalping, a strategy that aims to make small profits from quick, short-term trades in the forex market. Scalpers typically look for small price movements and execute numerous trades throughout the day.

FX SCALPER 4X EA Unlimited MT4

FX SCALPER 4X EA Unlimited MT4

Key Features of FX Scalper 4X EA Unlimited MT4:

  1. Scalping Strategy:
    • The core strategy of FX Scalper 4X EA revolves around capturing small price fluctuations over short time frames, typically on lower timeframes like M1, M5, or M15. This approach allows traders to make multiple trades throughout the day, with small profits accumulating over time.
  2. Unlimited Licenses:
    • As the name suggests, “Unlimited” likely refers to the fact that you can install and use this EA on an unlimited number of accounts or devices. This can be a major advantage for traders managing multiple accounts or looking for flexibility in their trading setups.
  3. Automated Trading:
    • FX Scalper 4X EA operates autonomously. Once set up, it analyzes the market, opens trades based on predefined conditions, and manages the trades (e.g., setting stop-loss and take-profit) without requiring manual intervention from the trader.
  4. Risk Management Tools:
    • The EA comes with built-in risk management features like adjustable stop-loss, take-profit, and trailing stop. These features help to protect capital, lock in profits, and manage risk more effectively, which is critical when trading high-frequency scalping strategies.
  5. Customizable Settings:
    • FX Scalper 4X EA offers a wide range of customizable parameters, such as lot size, risk percentage, slippage tolerance, and time of day to trade. This allows traders to adjust the settings based on their risk tolerance and trading preferences.
  6. High-Frequency Trading:
    • Scalping EAs like FX Scalper 4X often generate a high number of trades. While this can potentially lead to multiple small profits, it also comes with the risk of higher transaction costs, such as spreads and commissions. This makes it crucial to use the EA with a broker that provides low spreads and fast execution.
  7. Low Latency Execution:
    • Scalping strategies require fast execution and minimal slippage. FX Scalper 4X EA will perform best with brokers that offer low latency, ensuring that trades are executed quickly without delays or slippage that can erode profits.
  8. MT4 Platform Compatibility:
    • FX Scalper 4X EA is fully compatible with the MT4 platform, which is one of the most popular platforms among forex traders. It integrates easily with MT4’s charting, analysis, and order execution tools.

Considerations:

  1. Broker Compatibility:
    • Ensure your broker allows scalping and provides low spreads and fast execution. Some brokers restrict or impose conditions on high-frequency trading strategies, so it’s important to check your broker’s policies and trading conditions before using the EA.
  2. Testing and Backtesting:
    • Before using the EA with real money, it’s crucial to test it thoroughly using a demo account. Backtesting allows you to analyze its past performance, while a demo account helps you assess its behavior in real-time market conditions without risking actual capital.
  3. Market Conditions:
    • Scalping strategies can perform well in certain market conditions, but they can also struggle during periods of low volatility or sideways markets. It’s important to understand that this EA might not work well during all market conditions, and regular monitoring may be required.
  4. Transaction Costs:
    • Scalping typically involves many small trades, so transaction costs (spread, commission, slippage) can add up. Be sure to use an ECN broker or one with low spreads to maximize the potential profitability of the EA.
  5. Broker Type:
    • FX Scalper 4X EA performs best with ECN brokers or brokers offering tight spreads and fast order execution. Avoid brokers with high spreads or slow execution, as these could significantly affect the EA’s performance.

Conclusion:

FX Scalper 4X EA Unlimited MT4 is an automated scalping tool designed to help traders profit from small price movements in the forex market. Its high-frequency trading strategy, combined with risk management features and customizable settings, makes it suitable for traders who want to automate their scalping activities.

However, due to the nature of scalping strategies, it’s critical to use a broker that offers low spreads, fast execution, and no restrictions on scalping. As with any trading tool, backtesting and demo testing are essential to understand its behavior and optimize settings before going live with real money.

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.

Additional information

Install Type

No DLL, Fix

Categories

Expert Advisors

Platform

MT4 Build 1431+

Delivery

Instant Download

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.

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