Description
Supreme Scalper EA V1.0 MT4
Overview
The Supreme Scalper EA V1.0 is an expert advisor designed for MetaTrader 4 (MT4). It aims to capitalize on short-term price movements in the forex market. Below are the key details:
- Minimum Deposit: $500
- Timeframe: M1 or M5
- Currency Pair: GBPUSD
Strategy
The Supreme Scalper EA V1.0 follows a scalping strategy, which means it seeks to profit from quick price fluctuations. Here’s how it operates:
- Pending Orders: The EA exposes two pending orders: a buy stop and a sell stop. These orders are placed at a set distance from the current price.
- News Impact: During sharp market movements or news events, the pending orders can become market orders.
- Trailing Stop: The EA uses a trailing stop to protect profits. It adjusts the stop loss (SL) and take profit (TP) levels as the trade progresses.
- Dynamic Order Management: The EA dynamically moves the buy stop and sell stop orders behind the price within a specified time frame (5 to 30 seconds). If there’s a sharp movement, one order executes while the other is deleted.
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Additional Resources
Instant Download: https://yoforex.org/product/supreme-scalper-ea-v1-0-mt4/
Contact: @yoforexpremium
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