- February 4, 2023
- Posted by: Forex Wiki Team
- Categories: Forex Trading System, Free Forex EA
Scalping Project EA Review
Scalping Project EA is a fully automated trading robot designed for Forex traders. This robot is specifically designed to perform scalping trades on the popular currency pairs of EURUSD, GPBUSD and AUDUSD, using a variety of technical indicators. The Scalping Project EA operates on the M1 time frame, making it ideal for traders who are looking for quick trades with high returns.
The minimum deposit required to start using this robot is only 50 USD, making it an accessible option for both experienced and new traders. With a 24/5 trading schedule, traders can take advantage of market opportunities at any time of the day or night.
Best Brokers List
The Scalping Project EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Scalping Project EA Settings
One important thing to note about the Scalping Project EA is that it utilizes the grid method, which can be a bit risky. While this method can result in high returns, there is also a possibility of losing the entire deposit. The developers of this robot claim that it can perform miracles, but the amount of profit that can be generated each month depends on the trader's risk tolerance and lot size.
Although the grid method can be dangerous, the developers recommend periodic withdrawals of investments to minimize the risk. By withdrawing the initial investment, the grid method becomes a break-even strategy, resulting in highly profitable trades.
Scalping Project EA In Action
In conclusion, Scalping Project EA is a versatile and accessible trading robot designed for Forex traders who are looking for quick and high-return trades. While there is a degree of risk involved, the robot is designed to work with small FX accounts, making it an attractive option for those who are just starting out in the Forex market. However, it's important to remember that there is always a possibility of losing the entire deposit, so traders should use this robot with caution and only invest what they can afford to lose.
Scalping Project Free Download
We highly recommend trying the Scalping Project with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.