|System: Metatrader 4|
Needed indicators: 8 indicators included
Currency pair: EURUSD
Limits by accounts: No
Type of trading: Short-term automated trading
Neural network: light
Number of signals using in trading: 8
|Using with other EAs: yes|
Broker account: any ECN account
Max. spreads allowed: 1.0 (10)
TakeProfit and StopLoss: automatic.
Size of TakeProfit or StopLoss: 20 pips
Duration of trades: average 15 min – 16 hours
Time of trading: adjustable
Lots: 0,01 – 100
VPS or Laptop: need 24/5 online
What is scalping?
Scalping is a trading strategy designed to profit from small price changes, with profits on these trades taken quickly and once a trade has become profitable. The aim of scalper robot is for a successful trading strategy through the large number of winners, rather than a few successful trades with large winning sizes.
Scalping relies on the idea of lower exposure risk, since the actual time in the market on each trade is quite small, lessening the risk of an adverse event causing a big move. In addition, it takes the view that smaller moves are easier to get than larger ones, and that smaller moves are more frequent than larger ones.
Forex scalping robot uses next indicators:
– Average True Range indicator;
– Bollinger Bands indicator;
– Moving Average indicator;
– Heiken Ashi indicator;
– Ichimoku Kinko Hyo indicator;
– Linear Regression indicator;
– Parabolic Stop And Reversal system indicator;
– Pivot Point S&R indicator.
The average true range (ATR) indicator is a measure of volatility.
Bollinger Bands indicator – using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands simply add and subtract a standard deviation calculation.
Moving Average indicator – used in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations. It is a trend-following, or lagging, indicator because it is based on past prices.
Heiken Ashi indicator – technique–“average bar” in Japanese–is one of many techniques used in conjunction with candlestick charts to improve the isolation of trends and to predict future prices.
Ichimoku Kinko Hyo indicator – used to gauge momentum along with future areas of support and resistance. The Ichimoku indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. This indicator was developed so that a trader can gauge an asset’s trend, momentum and support and resistance points without the need of any other technical indicator.
Linear Regression indicator – is used for trend identification and trend following in a similar fashion to moving averages. Linear Regression Indicator plots the end points of a whole series of linear regression lines drawn on consecutive days. The advantage of the Linear Regression Indicator over a normal moving average is that it has less lag than the moving average, responding quicker to changes in direction. The downside is that it is more prone to whipsaws.
Parabolic Stop And Reversal system indicator – In the world of short-term trading, experiences are defined by a trader’s ability to anticipate a certain move in the price of a financial asset. The parabolic SAR is a technical indicator that is used by many traders to determine the direction of an asset’s momentum and the point in time when this momentum has a higher-than-normal probability of switching directions. Sometimes known as the “stop and reversal system”, the parabolic SAR was developed by the famous technician Welles Wilder, creator of the relative strength index, and it is shown as a series of dots placed either above or below an asset’s price on a chart.
Pivot Point S&R indicator – Pivot Points are objectively calculated price levels that are derived from previous prices. They are widely used in the expectancy that these levels will act as S/R.
How much can a scalper earn? Profit chart from strategy tester
Scalper EA testing in strategy tester
Completed trades of trading with forex auto scalper robot:
What do you need to install automated Scalper EA:
- Open broker account or use existing. You can use any popular broker with small spreads.
- PC, Laptop or VPS for trading software (Metatrader 4) from your broker (PC must be online 24/5).
To ensure the 24-hour operation of the Metatrader 4 we recommend this Forex VPS Provider:
- Initial deposit on broker account for trading.
- download this Scalping bot from our site after payment and install it in the Metatrader 4 according to this video tutorial – How to install forex robot or FAQ.
If you need help to install this Bot scalping, We can help you to do that via Teamviewer software
Financial independence, profit stability with our special trading advisors in Forex market.
Contact us: Signal2forex, email@example.com . Or use this form to ask a question about this product:
Question: I don’t know what is expert advisors, but I know what is Metatrader? Can you help me set up advisors on my PC?
Answer: We can use Teamviewer.com software for setting up advisors on your PC. Our manager does this for you, we need only to agree on the time of installation. Also you can try by yourself with our tutorial video.
Question: What account can I use?
Answer: Any account of popular broker, try to use small spreads, even with comission.
We recommend to you Pepperstone broker,
Question: What strategy is using that expert advisors?
Answer: Advisors using neural network, technical indicators and correlation system between signals from indicators. Also using such methods as intraday trading, closing trades by time, trailing stops, trailing profits, breakeven function, closing by signals, pending orders and so on.
Question: Can I get a test version of the advisor?
Answer: Yes. You can download TEST VERSION: FREE DOWNLOAD
Question: How can I receive your advisors?
Answer: Select a product from category FOREX ADVISORS. Click the buy button. Then you will be redirected to the order registration page, select the payment method and press the pay button. You’ll receive a link to download to Email after payment, also you can find a link in your account in the download section.
Question: What payment methods do you accept?
Answer: We accept payment by PayPal, Webmoney, cards VISA, Mastercard, Maestro. Also We can use one of that payment systems with manual sending of software (Neteller, Skrill, Bitcoin, Bank transfer), you need only to send us a message. You can use contact form.
Question: How to install expert advisors?
Answer: Open tab “File” –> choose “DataFolder” in your Metatrader 4. Put *.ex4 files in “Experts” folder. Put indicator’s *.mq4 files to “Indicators” folder. Restart Metatrader 4. Open needed charts with timeframe that shown in experts name for every currency for which it is intended. Double click on every expert advisor for every chart at the panel with experts. Expert advisor must be installed on chart only, indicators doesn’t need to be installed on chart.
Question: Do you provide updates for your advisors?
Answer: Updates are coming periodiccally, when new features added.
Question: How much time I must wait for the first orders?
Answer: In period of trading 01-00 – 23-50 first trades are coming during hour for portfolio and during a day for single EAs.
Question: Why orders is not opened?
Answer: First of all, you need to check, if you put indicators to right folder and restart Metatrader. Then check laughing faces in the upper right corner of every chart, also check checkbox “Allow live trading” in setting for every EA. If trades is not coming (very rare chance) you need to change Metatrader of your broker to Metatrader of other broker. You can download Metatrader by that link, then you can enter to your account with your broker credentials.
Question: How to use 2-10 metatraders at the same time or how to make a full copy of your first Metatrader?
Answer: You need to go to C:Program Files (x86) and find your broker folder. Then right click of the mouse on it, press “Copy”. Then right click of the mouse in free field and press “Paste”. Then you can go to C:Program Files (x86)New_broker_folder_copy. Then launch file terminal.exe. Now you opened second Metatrader. You can trade, for example, on demo and real account in the same time. How to place all charts and EAs from the first Metatrader to the new one. Open tab “File” –> choose “DataFolder” in your first Metatrader 4 and copy all from it. Then open tab “File” –> choose “DataFolder” in your second Metatrader 4, close program, delete all files from folder, and paste files, that you are copy from first one. Launch second Metatrader. Now you have full copy of first one Metatrader.
Question: Is there any limits on EA purchased?
Answer: There are no limits on accounts demo or real. There are limits by time of using. You can find it in advisor specification.
Question: Do you refund me if something goes wrong?
Answer: We provide full refund, if EA do not work. Before refunding we check it with Teamviewer.com or with the help of your history statement from Metatrader.
Question: How I can send you history statement from Metatrader?
Answer: Please open “Account history” tab in terminal window. Right click of the mouse, press “All history”. Then right click of the mouse again and press “Save as detailed report”. Then you can send it to us by email.
Question: How can I check my account spreads?
Answer: Look to “Market watch” window, then right click of the mouse on it, choose “spread”. Now you can see your spreads or expenses, that you are paying to your broker.
Question: Is it difficult to understand what is spreads?
Answer: If you see spread 20 for GBPUSD pairs for 5 digit quotations, it is meaning, that you need to haggle for your broker for 0.2usd with 0.01 lot, for 2 usd with 0.1 lot and only then you will already trade for yourself. If you have many trades, there will be much expenses for your broker. It is very important to choose right account and not to pay much money to him. From our experience better to open accounts with popular brokers, as they spreads is much less.
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