- October 26, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex Scalping EA Review
A smart RSI indicator is used in the Forex Scalping EA's approach to trade in line with the trend.
Before utilizing the EA, you must note that it employs averaging with a multiplier lot, however, the approach worked effectively in both backtesting and actual trading.
Test the adviser's performance in the strategy tester before you buy.
You can restrict the maximum number of orders for averaging and the equity risk in the Expert Advisor to manage hazards.
You may sign up for a free signal to learn how the adviser functions so that you can assess its functionality and potential.
Terminal | MT4 |
Currency pair | EURCAD, GBPCAD, AUDNZD, EURUSD, GBPUSD, USDJPY |
Timeframe | H1 |
Money management | At least 1000 currency units for each pair |
Best Brokers ListÂ
The Forex Scalping EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Forex Scalping EA Setting
Input parameters
Lot _ Multiplier   -   lot multiplier when exhibiting   averaging orders
Start_Lot    -   starting a lot
Orders _ Spet   - step between   ami order   averaging
SmartStep   = true/ false   incl. /on   smart mode for changing the step between orders
StartStepCoeff    - after which averaging order of the step starts to increase by Orders_step_coefficient
Max Trades    - the maximum number of simultaneously open orders
UseTimeOut   = true/false - use a timeout, close deals if they are open more than the allotted time
MaxTradeOpenHours   - trade timeout time in hours, after how long to close stock trades.
Friday_Trading_Hour   - Friday trading time until – Hours
Friday_Trading_Minute   - Friday trading time to - Minutes
Inp_Friday_Close  -true/false-   incl . / off.   Forced close order on Friday after 23:59
Trade_Now - a setting that allows you to stop trading, if you want the adviser to stop looking for new entry signals, set this setting to True and the adviser will complete the current series and will not open new deals.
Forex Scalping EA Backtesting
I attempted to perform a backtest in the strategy tester, but for reasons that remain a mystery, it did not function for me. To see if the advisor is effective, I installed it on my demo account and verified that it is; the adviser made roughly $ 30 in three days.)
Backtesting can’t be done, but there is the monitoring of the real account from the developer of the adviser, after analyzing it we can get the necessary information and it will be much more serious than the backtest on the previous history!!!
Conclusion
The Expert Advisor appears to be quite deserving, and the fact that it is overseeing a real account with a well-known broker gives it even more authority.
You must understand how the EA employs a multiplier lot before employing it, but the technique has a lengthy history of success in actual trading.
Make sure to test the advisor on a sample account before you buy so you can understand how it functions.
Until the initial investment is fully removed, I also advise you to withdraw the gained money from the account at regular intervals.
Another distinction is that this particular version, build version 1355, which is unlocked for the MT4 terminal, will not function in other versions.
Cheers to trading!
Forex Scalping EA Free Download
We highly recommend trying the Forex Scalping EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
Instructions for installing the advisor:
1 - Disable the terminal update. -> SEE VIDEO
- Go to the folder C:/Users/Username/AppData/Roaming/MetaQuotes/
Delete the entire «WebInstall» folder with all its contents.
- Create a file of any content named WebInstall.
2 - installing the DLL -> SEE VIDEO
check windows defender as well as your antivirus.
He must trust this DLL file. Best to put an exception on the whole MetaTrader folder in your antivirus
3 - works on mt4 build 1350+. Replace your terminal.exe with this build
4 - Allow DLL Imports in Expert settings
5 - This ea is tested and works, check all steps again if you can't manage to install it.
VIDEO stop auto updating
VIDEO where to put DLL
Get Forex Scalping EA
Password: 123456