- November 1, 2019
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Ultimate Scalper
Important:
*****Please set the "News Filter On" to "true" in settings to make sure the EA will avoid news spikes*****
- BACKTESTING WILL NOT WORK WITH THIS EA
- You can get the template and documentation file from the MQL blog here.
- Installation video: https://youtu.be/z9pPCmoO0eE
- Setting up needs to be done as per the installation video
- You need a VPS server preferably with remote desktop (MQL VPS may not work)
- You can contact us to get the robot set up for free upon purchase
About the Robot
FRZ Ultimate Scalper is an advanced scalper robot designed to work on 5-minute charts on MT4. It is based on a modified strategy of the genesis matrix, which can be considered to be one of the most famous and successful manual forex scalping strategies of all time. We have added a few more indicators, filters and logics to the original strategy so that it can be fully automated by a robot.
- No martingale, grids or hedging system is used
- Recommended broker: Any broker, preferably ECN with low spreads and fast execution
- Recommended min. deposit: Any (do not risk more than 2% of capital in a single trade)
NB: We recommend ICMarkets as a broker. If you like, you may use our Introducing Broker (IB) code "23649" in ICMarkets registration or transferring existing accounts to receive a life time discounts on broker commissions and spreads.
- For Raw Spread accounts, ICMarkets normal commission rate is $7 per lot but if you are under our IB code, you are charged only $5.5 per lot forever. You save $1.5 per lot forever (And spread will remain the same as before).
- For Standard Accounts, you get a 0.3 pips discount on the normal spread on each trade forever.
If you are already an ICMarkets customer, you can simply ask ICMarkets to transfer the existing account under our IB code. This discount will be automatically given to you immediately after you have registered or transferred your account under our IB code. There is no catch here. Your other terms and conditions remain the same as before. You can get out of our IB any time by informing ICMarkets.
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FRZ Ultimate Scalper
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