ForexPen – Download Free Forex EA, Indicators and More for Your Trading Needs

RoyalPrince MT5 Scalper EA

A free to download automatic MT5 Scalper EA is called RoyalPrince Scalper EA. In order to find the finest short-term trade chances in turbulent currency markets, the adviser is built to apply a scalping method. Rp4000 created and forwarded us this EA.

This EA is impressive since it makes money even on little deposits and trades with a small maximum drawdown. It does not employ risky trading strategies like the grid, martingale, etc., and all transactions are always covered by take profit and stop loss orders. It can trade using a set lot or an auto lot, which enlarges the transaction’s size automatically. It can go days without trading and only opens 2 to 5 trades a week. Additionally, this EA only opens up

The RoyalPrince Scalper EA successfully passed numerous stress tests conducted monthly with an exceptional profit/drawdown ratio after being backtested using many months of data. Because this EA’s maximum drawdown percentage is so low, it is possible to use it with only a little initial deposit.

Recommendations

  • $100 is the minimum balance required.
  • The EA’s default settings are for the H1 Timeframe and EURUSD Currency Pair.
  • Any couple and timeframe are compatible.
  • 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).

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts

FAN Trading Robot

An automated trading system called the FAN Trading Robot was created to profit from major news stories that cause notable volatility in the currency markets.

AA Forex Robot

The adaptable MT4 Robot Advanced Automated Forex Robot is available for free download. An adaptable algorithm that continuously fine-tunes and optimizes itself forms the basis

SG Forex EA

Specifically built for trading gold (XAUUSD), this SG EA is a fully automated Gold Forex EA. This article delves into the nuances of this EA,

TOP BOTTOM INDICATOR

Top Bottom Indicators provide a major advancement in manual trading tactics by identifying the tops and bottoms of market patterns. This indicator is special since