Description
GTX Scalper EA V2.0 MT5 NoDLL : A Powerful Trading Solution
Overview
- Name: GTX Scalper EA V2.0 MT5 NoDLL
- Currency Pair: EURUSD
Trading Strategy
- Timeframe: 1 Hour (1H)
- Minimum Initial Deposit: $100
- Leverage: Preferably 1:100 or higher
Key Features
- No Grids or Martingale:
- The advisor avoids risky grid and martingale strategies.
- Intelligent Order Closure System:
- Utilizes an intelligent mechanism to close unprofitable orders.
- Simplicity and Ease of Use:
- No complex optimization parameters; straightforward setup.
- News Filter:
- Filters out trades during high-impact news events.
- (Note: You can test the news filter in the EA tester; contact us for the required news file.)
- Trading Time Filter:
- Specifies the desired trading hours.
- Recommended Broker Conditions:
- Preferably ECN accounts with low spreads.
Trade Execution Strategy
- The GTX Scalper EA V2.0 MT5 NoDLL identifies favorable entry points based on its internal logic.
- It does not rely on grids or aggressive lot sizing.
- Take profit (TP) is optional but can be configured if desired.
- Trailing stop helps protect profits.
- Stop loss is not used by default; maximum drawdown is controlled instead.
- Adjust the maximum drawdown percentage based on backtesting results.
Testing and Optimization
- News Filter Testing:
- To test the news filter, reach out to us for the necessary news file.
- Drawdown Management:
- Set the maximum drawdown slightly higher than measured during testing.
- Adjust the autolot value to fine-tune drawdown.
- Average drawdown for brokers with low spreads and autolot 0.2 is approximately 35%.
- Telegram Channel: https://t.me/yoforexrobot
- Download Link: https://yoforex.org/product/gtx-scalper-ea-v2-0-mt5-nodll/
Feel free to explore the GTX Scalper EA V2.0 MT5 NoDLL and start your trading journey with confidence! If you have any further questions, join our Telegram channel for updates and support: YoForexRobot.
Remember, successful trading requires discipline and risk management.
Reviews
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