The FXL Scalper is a fully automated multi-currency forex robot. This EA scalper uses about 20 profitable strategies for trading with very strict loss control. All trades generally have a few minutes maximum duration. It often happens that EA makes multiple trades in just one minute.
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
|Currency pair||GBPUSD, GBPJPY, EURUSD, USDJPY, AUDJPY, EURCHF, USDCHF, NZDUSD|
|Money management||At least 100 currency units|
|Recommended brokers||NPBFX, ALPARI, Amarkets|
|For advisor recommended to use VPS 24/5||Zomro (most affordable Windows server only $ 2.75 per month)|
Expected monthly profit: 100 – 5000% (At the same time, with increasing balance also increases profit on a monthly basis in relation to the initial deposit. When a certain amount of balance is reached, in this case the monthly profit can be more than 5000%).
Explanation of how to set up EA and appropriate VPS.
If you are testing directly on demo account in REAL TIME, strictly use VPS on location with latency < 3ms. You cannot perform this test method on your local computer without VPS because you need extremely low ping. FXL Scalper is a high frequency EA that can realize multiple trades in 1 minute. For this reason, this forex robot is highly profitable. However, FXL Scalper requires that some technical conditions be met and that is fast execution of orders or extremely low latency.
If you have not provided a latency < 3ms, do not expect a profit, you are just wasting time.
It is very important on which location you will use the VPS.
If you choose broker which has a server in Frankfurt for demo accounts then it means that you have to strictly use server VPS also in Frankfurt.
If you choose broker which has a server in London for live accounts then it means that you have to strictly use server VPS also in London.
If you choose broker which has a server for live accounts in New York then it means that you have to strictly use server VPS also in New York.
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!