A free to download automated MT4 scaling EA is called Nigh Shot EA. In order to find the finest short-term trade opportunities in both rising and falling currency markets, the adviser is built to apply a scalping method. You can change the parameters to change the trading time that it uses.
It trades with a fixed lot or an auto lot, increasing the size of the transaction automatically in accordance with the stated parameters, and executes 1-2 transactions per day that are each protected by SL and TP. It does not employ risky trading techniques.
Since this EA’s maximum drawdown % is rather low, it is possible to employ it with only a little initial deposit.
Recommendations
- $100 is the minimum balance required.
- The currencies USDCHF, EURCHF, EURAUD, and EURUSD, GBPUSD, perform best. (Attain any pair.)
- best results using M15 TimeFrames. (Assemble in any time frame)
- 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).