Description

Professional Scalper EA MT4: A Comprehensive Review

Introduction

The Professional Scalper EA MT4 is an expert advisor designed to automate forex trading on the MetaTrader 4 (MT4) platform. It employs a scalping strategy based on MACD (Moving Average Convergence Divergence) and support-resistance levels to make precise trading decisions.

 

Key Features:

1. Scalping Strategy: The EA focuses on short-term trades, aiming to profit from small price movements.
2. Hidden Stop Loss (SL) and Smart Auto-Take Profit (TP): Protects trades from sudden market fluctuations while optimizing gains.
3. Equity Protection: Prevents excessive losses by limiting the percentage of account equity that can be lost.
4. Trend-Following System: Identifies and exploits market trends for profitable opportunities.
5. Hedge and Auto-Trail Stop Loss (S/L): Minimizes risk during volatile market conditions.
6. News Filter Protection: Temporarily disables the EA during high-volatility news events to avoid unexpected market movements.

 

 

Minimum Deposit and Currency Pairs

• Minimum Deposit: The recommended minimum deposit varies by broker but generally ranges from $100 to $500.
• Currency Pairs: The EA works well with major currency pairs (e.g., EUR/USD, GBP/USD, USD/JPY) due to their liquidity and tight spreads. However, backtesting and optimization can help determine the best pairs for your specific trading style.

 

Time Frame

• Time Frame: The Professional Scalper EA MT4 is most effective on shorter time frames, such as M1 (1-minute) and M5 (5-minute). These time frames align with its scalping strategy.

 

How the EA Takes Trades

1. MACD Signal: The EA monitors the MACD indicator for crossovers (e.g., when the MACD line crosses above or below the signal line). These crossovers indicate potential trend changes.
2. Support and Resistance Levels: The EA identifies key support and resistance levels on the price chart. It enters trades when price approaches these levels, expecting a bounce or breakout.
3. Risk Management: The hidden stop loss and smart auto-take profit features ensure that risk is controlled while maximizing profits.
4. News Events: The news filter protection temporarily disables trading during high-impact news releases to avoid unpredictable market reactions.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀

 

Stay Updated:

Instant Download: https://yoforex.org/product/professional-scalper-ea-mt4/

Contact: https://t.me/yoforexrobot

 

🔔😎Happy Trading😎🔔