Daily Candle Scalper EA MT5 – Free Download

Daily Candle Scalper EA Review

In the dynamic world of forex trading, staying ahead of the curve requires cutting-edge tools and strategies. One such tool making waves in the trading community is the Daily Candle Scalper EA. In this comprehensive guide, we delve into the intricacies of this EA, exploring its features, optimal settings, and performance metrics. Whether you're a seasoned trader or a newcomer, understanding the nuances of this powerful MT5 Scalper Robot can potentially elevate your trading game.

Strategy Overview

The Daily Candle Scalper EA employs a sophisticated scalping strategy, meticulously designed to identify short-term trade opportunities in volatile currency markets. Unlike riskier methods such as martingale or grid trading, this EA prioritizes a cautious approach. All transactions are safeguarded by Stop Loss and Take Profit mechanisms, ensuring prudent risk management.

Version: 1.0

Best Brokers List

Daily Candle Scalper EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

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BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Daily Candle Scalper EA Settings

Trading Frequency and Methodology

• Trade Frequency: 2 to 5 trades per week
• Trade Initiation: Can go days without trading
• Single Trade Rule: Only opens one trade at a time

Vendor's Insight

According to the vendor, the EA doesn't engage in more than one market trade concurrently, providing a conservative yet effective trading experience. This commitment to disciplined trading aligns with the strategy of making fewer, well-calculated trades rather than overwhelming the market with numerous transactions.

Evaluating Performance

Results Snapshot

• Gain: +4,304.25%
• Absolute Gain: +4,304.25%
• Daily Profit: 0.47%
• Monthly Gain: 366.72%
• Drawdown: 5.00%
• Current Balance: $4,404.25
• Equity: $4,404.25 (100.00%)
• Highest Balance: $4,424.65 (Nov 26)
• Profit: $4,304.25

Conclusion

In the realm of forex trading, precision, and reliability are paramount. The Daily Candle Scalper EA emerges as a formidable tool, combining advanced strategies with a disciplined approach to deliver consistent results. Traders seeking a robust solution for short-term gains in volatile markets may find this EA to be a valuable addition to their arsenal. With a track record of impressive gains and a commitment to risk management, the Daily Candle Scalper EA represents a promising avenue for traders looking to navigate the complexities of the forex landscape.

Download Daily Candle Scalper EA

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.