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Exceptional Scalping EA is a free to download automated scaling robot for MT4. This EA operates on a scalping breakout methodology. It trades the relative highs and lows that break out. The EA trades the breakout above or below the relative highs and lows that it has identified in the market. The use of an aggressive trailing stop secures profits. Stop orders are utilized for the entrance to ensure the quickest execution possible.
It is strongly advised to trade with a low spread and commission broker because the approach only generates modest average earnings from trades. Here, trading expenses are crucial.
It just makes one to three transactions each day and does not employ risky trading strategies like grid, martingale, etc. Breakout Scalping doesn’t open more than one transaction at once and can go days without taking any trades. A tiny stop loss and take profit are always used to protect every transaction.
It can trade using a fixed lot or an auto lot that automatically increases the amount of the transaction based on the set criteria. Because this EA’s maximum drawdown % is low, it is possible to use it with only a small initial investment.
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Recommendations
- $100 is the minimum balance required.
- work best with USDJPY and EURUSD. (Attain any pair.)
- Work uniformly across all TimeFrames.
- It is prone to spread, slippage, and sluggish execution.
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
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