Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper

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Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper

Free Forex Scalping Robot

The Free Forex Scalping Robot is a forex robot that utilizes a scalping breakout strategy to trade on the EU and US market open events. The robot assesses the strength of the signal before deciding to enter a trade, and it always uses a fixed risk and profit to minimize potential losses.

One key feature of the Breakout Scalper is that it works with low-spread and commission brokers. This is beneficial as it can help to keep the cost of trading low, allowing for greater profitability. Additionally, it uses real-time trading volume to make its trading decisions, which helps to ensure that the robot is making trades based on the most current market conditions.

Best Brokers List 

The Free Forex Scalping Robot works with any broker and any type of account, but we recommend that our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 2Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 3Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 4Register2009
🇧🇿 Belize
1:2000$10FSC
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 5Register2009
🇧🇿 Belize
1:3000$1IFCS
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 6Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 7Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 8Register2011
🇬🇧 England
1:500$25CySEC
Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 9Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA
See also  Pips Scalper Robot

 EA Settings

Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 10

Another important aspect of the Breakout Scalper is that it does not use martingale, grid, or averaging techniques. Instead, each trade starts with a stop loss in place, which helps to mitigate potential losses. Additionally, the robot allows the user to set a risk percentage for taking profit and stopping loss, which helps to further manage risk.

The Free Forex Scalping Robot also includes an adjustable trailing stop that can help to secure profits and a time filter that can be used to limit trading to specific times of the day. These features can help to further increase the profitability of the robot.

 

Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper

The backtests that have been shown in the screenshots were done with the default settings, and they demonstrate the potential profitability of the robot. However, it's important to note that the tests were done with a 5% risk per trade, which is considered high risk in the trading world, so it's important to be aware of the risks involved when using this robot and also not solely rely on backtest results. It's also important to conduct your own testing and research before using any trading robot and to always use a trading system that fits your risk tolerance and trading goals.

Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper

Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 11

Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 12

Free Forex Scalping Robot MT4 : The Key to Success with the Breakout Scalper 13

In conclusion, the Breakout Scalper appears to be an amazing forex robot, based on its performance in backtesting on the EUR/USD and USD/JPY currency pairs. The robot made 30k in 2 years with a maximum drawdown of 7% using 5% per trade on a small account of 3k. The H1 time frame seems to be the best time frame to use this Robot. Additionally, the robot's scalping breakout strategy, low spread, and commission requirement, use of real-time trading volume, and risk management feature all make it a strong candidate for profitable trading. However, it's important to remember that past performance does not guarantee future results and to always conduct your own testing and research before using any trading robot.

See also  Forex Auto Scalper Robot Free Download MT4

 

Download the Free Forex Scalping Robot 

We highly recommend trying EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

Free Forex Scalping Robot zip

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.