EA Scalper Web this is a scalper who trades very often and makes an average profit of 1-2 points per trade, does not have a stop loss, and if the trade goes in the opposite direction, it is averaged after a certain distance, has an automatic lot calculation.
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/1758
Developer price | |
Terminal | MT4 |
Currency pair | EurUsd, GbpUsd |
Timeframe | M5 |
Money management | At least 500 currency units for every pair |
Recommended brokers | ALPARI |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Below you can see the backtest of this Expert Advisor, it was conducted for a short period of time, but this is enough and I will explain why later in the article.
The back test was carried out for 23 days and as we can see it was quite successful, but not everything is so good, we specifically conducted a test on a short period of history, the thing is that in the long term this adviser is likely to blow up deposit!!!
But let’s sum up the conclusions and I’ll tell you how you can prevent this and try to make a profit from trading with this adviser.
Settings:
Conclusion:
This advisor needs supervision. Now I may break someone’s dreams, but every adviser needs supervision, many people, mostly those who are just starting to trade on Forex with the help of robots, think this way: that I will find or buy one robot that will always trade profitably and provide for my whole life , and I will just lie on the beach with a glass of wine and just withdraw money from my account every day, and with all this, it would be desirable such a robot that could start trading with $ 100 and in a year would turn me into a millionaire))) NO, THIS WILL NEVER HAPPEN!!! If you want to make money on Forex, you need to work and develop, CONSTANTLY, the fact is that the markets change from time to time, and if you now have a robot that makes a profit, be sure that at some point it will incur losses, so all robots need to be optimized from time to time , But that’s another story .
How to make money on EA Scalper Web. Since this EA trades frequently and there are often many open orders, both for buying and for selling, they accumulate quite often, so in order to prevent a large volume of orders, they need to be closed manually from time to time, for this the EA has a convenient panel with buttons where With one click you can close all buy or sell orders, or even close all orders at once. I suggest trying to close all orders every Friday before the market closes if your equity is higher than your initial deposit, and then withdraw all the equity so that it is equal to the initial deposit.
-That is, you started trading on Monday with a deposit of $500
-on Friday you see that your deposit balance is $650 and the equity at this moment is $570
-You close all trades and withdraw $70
-On Monday, start trading again from the first trade
It should also be noted that the adviser trades very often in 23 days, he made more than 1000 transactions, we also do not lose sight of this and make money on it, register in this rebate service, the link is clickable and we get about $ 4 for each traded lot, and given that we have on average, 1500 transactions per month, even if the minimum lot is 0.01, it turns out in total 15 lots * 4 $ = 60 $, and you will agree well. By the way, I wrote more about the cash back service at the end of this article https://fx-vip.pro/pip-breaker-ea-trading-breakdowns-on-four-hourly-candles/ if you are interested.
In general, making money on Forex is actually not difficult, but still you need to look for some tricks and approaches, and develop in this.
P.S. Sorry for my bad english)))
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!