A free to download Scalper Forex EA, Ind Scalper EA is totally automated. There is a High Operating Frequency presented. The success rate of the expert advisor’s trades is exceptionally high.
The adviser has the protection of closing losing trades when the total loss reaches a certain value, but this does not mean that your deposit is completely safe. This EA requires a VPS with a fast response and a broker with a very low spread, preferably zero, since the EA scalps mostly 1-2 pips per trade and they generally last very short up to 1 minute.
Since Ind Scalper uses the grid method, it can occasionally become a little hazardous. This approach has led to a very good ROI (Return on Investment) for this EA. Your lot size and risk value will determine how much profit you can expect to generate each month.
Blowing your account is inevitable after utilizing this tactic for a while. The probability theory, however, works in our favor when investments are periodically withdrawn. The risky martingale method instantly breaks even and turns profitable after the first investment is removed.
Recommendations
- Minimum Account Balance: $100 for High Risk, $1,000 for Medium Risk, or $100 for Safe Method (0.01 lot) or equivalent Standard Account.
- Since an EA can double a $100 account in a month with a slight potential of blowing the account as well, it is advised that you adjust your individual risk tolerance and deposit. However, if you can disable the EA and stop all trades during erratic market conditions or breaking news, you can largely prevent this.
- Work on any currency pair, but perform best on EURUSD, GBPUSD, AUDUSD, USDCHF, USDJPY, and USDCAD.
- Work on M5, H1 (any time frame) the best.
- The approach With this EA, you can profit quickly and withdraw money quickly. After double the deposit, withdraw it. (This EA has great potential using this technique.)
- 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).