Description
Trend Scalping EA MT4
The Trend Scalping EA is an automated trading system that aims to capitalize on short-term trends and breakouts. It operates within the MetaTrader 4 (MT4) platform and follows a specific strategy:
Strategy Overview
- Trading Style: Scalping
- Timeframe: H1 (1-hour chart)
- Pairs: Best suited for major currency pairs such as EURUSD, USDJPY, and XAUUSD.
- Minimum Deposit: Recommended minimum deposit of $ 300.
- Leverage: Use leverage of 1:100 to withstand market fluctuations.
Key Features
- Trend Following: The EA identifies trends by analyzing price movements. When a trend is detected, it enters a trade in the direction of the trend.
- Breakout Trading: Additionally, the EA looks for major breakouts. When a significant breakout occurs, it enters a trade aligned with the breakout direction.
- Risk Management: Fixed stop-loss and take-profit levels are set for each trade, minimizing potential losses.
- No Dangerous Strategies: The Trend Scalping EA avoids risky techniques like martingales or grid systems.
- Compatible with ECN Accounts: Works well with hedging ECN accounts that offer low spreads and zero stop levels.
How It Takes Trades
- Trend Identification: The EA continuously monitors price movements. When a trend forms, it enters a trade in the trend’s direction.
- Breakout Entries: Major breakouts trigger trades. The EA identifies breakout points and acts accordingly.
- Risk Control: Fixed stop-loss and take-profit levels ensure disciplined risk management.
Remember, scalping strategies are sensitive to market noise and sudden price spikes. However, the Trend Scalping EA’s disciplined approach helps mitigate these risks.
Additional Resources
Instant Download: https://yoforex.org/product/trend-scalping-mt4/
Contact: @yoforexpremium
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