Tesla Scalper Pro EA MT4: Free Multi-currency EA

Tesla Scalper Pro EA Review

Forex trading, a realm where currencies are traded in pairs, has evolved over the years, integrating the best of technology. An excellent instance of this fusion is the Tesla Scalper Pro EA. This powerful tool is set to redefine the rules of the Forex game, introducing a level of automation that the market has eagerly awaited.

Understanding the Tesla Scalper Pro EA

The Tesla Scalper Pro EA is a fully automated robot designed exclusively for the Forex market. Unlike many of its counterparts, it isn't built on redundant strategies like gridding or the martingale method. Instead, it focuses on precision, accuracy, and efficiency.

Best Brokers List

Tesla Scalper Pro 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

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Tesla Scalper Pro EA Settings

Configurable Parameters

From symbol setups to volume management, the EA allows various configurations. Whether it's determining a profile for trading, establishing fixed lot values, or customizing engine and time options, traders have full control. Plus, there's a special consideration for trading pairs and risk levels. The built-in settings ensure a balance between performance and trading stability, catering to both newbie and expert traders.

Risk Management

The EA comes with diverse risk settings suitable for varying leverages:

• Risk_Percent=2: For leverage 1:30, offers a low-risk level for 10 pairs.
• Risk_Percent=5: For leverages from 1:100, this is the standard default risk level.
• Risk_Percent=10: Tailored for leverages from 1:400, this is ideal for advanced traders, focusing on the best-performing pairs.

Features & Advantages

1. Scalping Strategy: This EA uses a scalping strategy, allowing traders to make frequent small profits.
2. Optimal Execution: By employing Limit Orders for entries and TakeProfit for exits, it ensures the best execution with no slippage.
3. Enhanced Safety: Both real and virtual (hidden) StopLoss levels are incorporated, offering a layer of security to your trades.
4. Hedging & Netting: Regardless of your preference between hedging or netting modes, the EA supports both.
5. Custom Indicators: Unique indicators ensure a precise market entry and exit without waiting for unnecessary drawdowns.
6. Tested Modeling: The EA's strategies are modeled based on real tick history from top brokers, tracing back to 2015.
7. Multi-currency Support: Tesla Scalper Pro EA supports trading on multiple major and minor pairs, including but not limited to EURUSD, GBPUSD, and USDCAD.
8. Single Chart Installation: Simplifying user experience, one can run all currency pairs from a single chart.
9. Built-in Logic: Say goodbye to external setting imports. All the necessary logic is built into the robot.
10. Visual Analysis: An advanced visual representation aids in understanding trade configurations.

Trading Signals & Broker Recommendations

Users can monitor standard risks associated with live trading and can explore more account details on the official website. However, to get the best out of Tesla Scalper Pro EA, it's recommended to use ECN brokers. A minimum deposit of $100 is needed, but for smoother lot adjustments, an amount between $300-500 is advisable.

Setting Up Tesla Scalper Pro EA

Installing the EA is straightforward. Load it on one chart, preferably EURUSD or GBPUSD, and let it run 24/7. The default settings have been optimized for best performance.

In Conclusion

The Tesla Scalper Pro EA promises a blend of technology, strategy, and ease of use. Whether you're a novice trader or a seasoned expert, this tool is tailored to help maximize your profits while minimizing risks. In a market as volatile as Forex, having a reliable ally like Tesla Scalper Pro EA can be a game-changer.

Download Tesla Scalper Pro 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.

Disclaimer: All trading involves risks. It's essential to do your own research and consider seeking advice from a licensed financial advisor before making any trading decisions.