- October 9, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
MT5 Scalping EA Review
MT5 Scalping EA. In order to find the finest short-term trade chances in turbulent currency markets, the advisor is built to apply a scalping method. Rp4000 created and forwarded us this EA.
Ea scalping mt5 suggestions
$100 is the minimum balance required.
The EA’s default settings are for the H1 Timeframe and EURUSD Currency Pair.
Any couple and timeframe are compatible.
Best Brokers List
The MT5 Scalping EA works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|1:1000||$5||ASIC, CySEC , IFSC|
🇧🇸 The Bahamas
|1:1000||$200||ASIC, SCB, FSA|
|1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|1:500||$200||FCA , ASIC, DFSA|
|1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
MT5 Scalping EA Setting
This best scalping ea mt5 is impressive since it makes money even on little deposits and trades with a small maximum drawdown. It does not employ risky trading strategies like the grid, martingale, etc., and all transactions are always covered by take profit and stop loss orders. It may trade using a set lot or an auto lot, which enlarges the transaction’s size automatically. It can go days without trading and only opens 2 to 5 deals a week. Additionally, this EA only opens one trade at a time in the market.
The RoyalPrince Scalper EA has passed several stress tests conducted monthly with an exceptional profit/drawdown ratio after being backtested using many months of data. Because this EA’s maximum drawdown % is so low, it is possible to use it with only a little initial investment.While the default settings for this EA only allow for monthly profits of about 4-8%, they are quite stable and have a little drawdown.
Scalping Ea mt5 Download
We highly recommend trying the scalping ea mt5 with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.