Description
True Scalper V1.12 EA MT4
The True Scalper V1.12 EA is a powerful tool designed for traders who want to capitalize on short-term market movements. This EA is tailored for precision scalping, making it an excellent choice for those looking to achieve consistent gains in the forex market. Below are the key features and guidelines for using this expert advisor effectively:
Minimum Deposit:
- $500 – $1,000
- The EA requires a minimum deposit to ensure it has sufficient capital to navigate market fluctuations and maintain open positions.
Time Frame to Run:
- M1 (1 Minute) and M5 (5 Minute) Charts
- The True Scalper EA is optimized for short time frames, particularly M1 and M5, to take advantage of quick market movements.
Currency Pairs:
- EUR/USD, GBP/USD, USD/JPY
- These major currency pairs are recommended for their liquidity and tight spreads, which are crucial for scalping strategies.
Strategy Overview
True Scalper V1.12 EA employs a scalping strategy that focuses on capturing small price movements within the market. The EA utilizes a combination of technical indicators and market algorithms to identify potential entry and exit points. Here’s a breakdown of the strategy:
- Technical Indicators:
- Uses Moving Averages, RSI, and Bollinger Bands to determine market trends and identify overbought or oversold conditions.
- Entry Points:
- The EA scans the market for short-term momentum in either direction. It places trades when specific criteria, such as crossing moving averages or hitting RSI thresholds, are met.
- Exit Strategy:
- The EA employs tight stop-loss and take-profit levels to minimize risk and lock in profits quickly. It also uses trailing stops to capitalize on favorable price movements while protecting gains.
- Trade Frequency:
- Designed for high-frequency trading, the EA executes multiple trades per session, taking advantage of small price changes.
Risk Management:
- The EA includes customizable risk settings, allowing traders to adjust the level of exposure based on their risk tolerance.
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://www.yoforex.org/product/true-scalper-v1-12-ea/
You can also download from other websites:
https://www.mql5.software/product/true-scalper-v1-12-ea/
https://www.fxcracked.org/product/true-scalper-v1-12-ea/
https://www.forexfactory.cc/product/true-scalper-v1-12-ea/
https://yoforexea.com/product/true-scalper-v1-12-ea/
Contact: https://t.me/yoforexrobot
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