Safe FX Scalping EA MT4 – A Breakout Strategy for Secure Trading

Safe FX Scalping EA Review

In mundo celeriter deambulavit Users, traders are constantly seeking strategies that can provide consistent profits while minimizing risk. One such strategy is the Safe FX Scalping system. Designed to take advantage of breakouts from relative highs and lows, this EA (Peritus Advisor) employs a combination of technical indicators and risk management techniques to optimize trading performance. In hoc articulo, we will explore the key features and settings of Safe FX Scalping, highlighting its effectiveness and providing valuable insights for traders.

Product Description

The Safe FX Scalping EA follows a scalping breakout strategy, which aims to capitalize on short-term market movements. By identifying and trading breakouts from relative highs and lows, this system seeks to capture small average profits on a frequent basis. To ensure swift execution, entry-stop orders are utilized. Accedit, traders can safeguard their profits through the implementation of an adjustable trailing stop.

Version: V 1.42

Terminal: MT4

Annus proventus: 2022

opus pairs: EURUSD and USDJPY

Suspendisse timeframe: M15

Best Brokers List

Safe FX Scalping EA works with any broker and any type of account, sed commendamus clientes nostros ut unum e summo forex praesidium sectorum existimetur infra enumerantur:

COCIO NAME	TABULAE	Anno Founded	Headquartered	Leverage	Minimum Deposit	Regulans
	Register	2007	Australia Cyprum The Bahamas Seisellenses	1:1000	$200	ASIC, SCB, FSA
	Register	2008	Cyprum	1:illimitatus	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	Belize	1:2000	$10	FSC
	Register	2009	Belize	1:3000	$1	IFCS'
	Register	2009	Cyprum 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	Hibernia	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Safe FX Scalping EA Settings

Given the nature of the strategy, it is highly recommended to trade Safe FX Scalping with a low spread and commission broker. Trading costs play a crucial role in scalping strategies, as frequent trades with small profit targets require tight spreads to maintain profitability. By selecting a broker that offers competitive spreads and low commissions, traders can optimize their trading performance and enhance overall profitability.

Backtesting and Customization

The screenshots depicting backtest results are based on the default settings of Safe FX Scalping. tamen, it is important to note that individual trading preferences and market conditions may require customizing these settings. Traders are encouraged to download the free demo version of the EA and conduct their own backtests to find the optimal configuration that aligns with their risk tolerance and trading goals.

Periculum Management

Safe FX Scalping stands out for its responsible approach to risk management. Unlike some other EAs that employ aggressive strategies like the martingale or grid systems, this EA focuses on preserving capital and managing risk effectively. During the backtests, a 5% risk per trade was used, which is considered relatively high. Traders are advised to exercise caution and use funds they can afford to lose. It is essential to maintain responsible trading practices and approach the market with a long-term perspective.

Settings Overview

1. General Occasus:

• Buy Trades: Enables the EA to place buy orders.
• Sell Trades: Enables the EA to place sell orders.
• Timeframe: Determines the candle timeframe used to identify highs and lows.
• BarsN: Adjusts the sensitivity of the algorithm for detecting highs and lows.
• Order Puffer Points: Sets the order distance from the high/low.

2. Trade Occasus:

• Trading Volume: Select the mode for calculating the lot size for each trade.
• Fixed Lots: Specifies the lot size for each trade when using fixed trading volume mode.
• Risk Percentage of Balance: Automatically calculates the lot size based on the desired risk percentage of the account balance.
• TP Points: Sets the distance from the entry order price to the take profit level.
• SL Points: Determines the distance from the entry order price to the stop loss level.
• TSL Trigger Points: Activates the trailing stop when the trade is in profit by the specified number of points.
• TSL Points: Sets the trailing stop distance from the current market price.
• TSL Step Points: Modifies the stop loss only if it is at least this distance above the previous stop loss level.

3. Time Settings:

• Time Filter: Enables or disables the time filter, which restricts trading during specific hours.
• Start Hour/Minute: Specifies the start time for allowed trading.
• End Hour/Minute: Specifies the end time for allowed trading.

4. Drawdown Settings:

• Drawdown Monitoring: Activates or deactivates the drawdown monitoring feature, which closes all trades if the drawdown threshold is reached.
• Max Daily Drawdown %: Defines the drawdown percentage at which the EA will exit all trades.

5. More Settings:

• Order Comment: Allows traders to add a commentary for each order placed by the EA.
• Magia Number: Provides a unique identifier for the EA to differentiate its trades.
• Chart Comment: Enables or disables the comment displayed in the upper left corner of the chart.

conclusio

Safe FX Scalping presents a reliable and secure approach to forex trading, employing a breakout strategy that targets small average profits. By utilizing the EA's advanced settings and adhering to responsible risk management principles, traders can potentially achieve consistent returns while safeguarding their trading capital. tamen, it is essential to customize the settings to suit individual preferences and conduct thorough testing before implementing the strategy with real funds. Remember, successful trading requires discipline, continuous evaluation, and adaptability to changing market conditions.

Download Safe FX Scalping EA

Quaeso experiri saltem hebdomadam an XM demo propter. Also, adsuescere te et intelligere quomodo hoc liberum forex ea opera ante usus est in ratione vivere.

Disclaimer: Trading in the Forex market involves risk, and it is essential to conduct thorough research and seek professional advice before making any trading decisions. The information provided in this article is for educational purposes only and should not be considered financial or investment advice.