The Free Scalping Forex MT4 Robot is made to trade open events utilizing a scalping breakout method on the EU and US markets. Before choosing to place a trade, it evaluates the signal’s intensity and employs a fixed risk and profit to reduce the possibility of losses.
Working with low-spread and commission brokers is one of the crucial features of the Breakout Scalper, enabling more profitability. Additionally, it bases its trading judgments on real-time trading volume to guarantee that the robot is operating under the most recent market conditions.
Breakout Scalper Forex EA Settings
The fact that the Breakout Scalper does not employ martingale, grid, or averaging strategies is another crucial component of the strategy. Instead, a stop loss is placed on every trade to help limit potential losses. In order to better limit risk, the robot also enables the operator to define a risk percentage for taking profits and preventing losses.
The Free Forex Scalping Robot also has a time filter to restrict trading to certain hours of the day and an adjustable trailing stop to assist secure earnings. These qualities can aid in boosting the robot’s profitability and transforming it into a reliable trading instrument.
Recommendations
- 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).