Safe FX Scalping EA MT4 – (Update 30-04-2023) Free Download

Safe FX Scalping EA Review

Forex trading can be a highly lucrative and exciting venture, but it can also be a challenging one. With so many different strategies and techniques to choose from, it can be difficult to know where to start. One strategy that has gained popularity in recent years is the use of automated trading robots or Expert Advisors (EA). In this article, we will discuss one such EA, the Safe FX Scalping EA.

The Safe FX Scalping EA is a fully automated trading robot that has been designed to track gaps in the market and place orders with a take profit at the extreme of the gap. The EA utilizes the principle that in about 90% of cases, gaps are likely to close, meaning that the price will eventually approach the close price of the previous bar. This makes the EA an attractive option for traders who are looking to take advantage of market gaps and potentially profit from them.

One of the benefits of the Safe FX Scalping EA is that it works on all time frames, from 1 minute to 1 day. This means that traders can use it to trade on any time frame that suits their individual trading style. Additionally, the EA can be customized to suit individual preferences. Traders can set the gaps to be smaller for more frequent trades, or larger for fewer trades. It is recommended to test the EA on a cent account first to ensure that it works as expected.

Best Brokers List 

The Safe FX 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:

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

Safe FX Scalping EA Setting

Parameters

• MAGIC - magic number for the EA's orders
• Lots - traded lot size
• Stop - fixed stop loss in points
• MM - using money management
• MMRisk - coefficient of lot linear dependence on funds in money management
• Spread - maximum allowable spread value
• Reverse - using a reverse after stop loss triggering
• RevStop - fixed stop loss in points for the reverse trade
• RevTake - fixed take profit in points for the reverse trade
• Profit Trailing - using the trailing stop function (true/false)
• Trailing stop - fixed trailing stop value (in points)
• Trailing step - step of trailing stop
• Slippage - allowable slippage

Safe FX Scalping EA Results

The Safe FX Scalping EA has been created by the developer for their private trading, and they have made it available for other traders to use. The EA has more settings that can be used as a fixed TP and SL trading EA, a Martingale, or a trailing EA. This makes the EA highly versatile and suitable for a range of trading strategies.

One thing to keep in mind when using any automated trading system is that there are always risks involved. Traders should be aware of the potential risks and should always exercise caution when using an EA. It is important to understand that past performance is not indicative of future results, and traders should always be prepared for the possibility of losses.

Conclusion

The Safe FX Scalping EA is a fully automated trading robot that has been designed to take advantage of market gaps. It is suitable for use on all time frames and can be customized to suit individual preferences. While there are risks involved with any automated trading system, the Safe FX Scalping EA is a potentially useful tool for traders looking to take advantage of market gaps and potentially profit from them.

Download Safe FX Scalping EA

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