A quick tick scalper EA, Tick Scalper Best Forex Bot operates by applying tick averages against the trend. This EA may open multiple trades at once with each one’s own stop loss while searching for a break-even point to close profits or reduce losses.
Three risk levels are available for this EA to operate with various capitals. It is required to test this EA on a demo account because, according to its developer, backtesting does not yield accurate results. The EA can be utilized with any currency pair and in any market situation.
For each open position, Tick Scalper applies a stop-loss, and if one or more orders are profitable, the EA closes out all open positions. Additionally, it doesn’t employ any risky techniques such
Recommendations
- Recommendation for this Forex Bot’s deposit
- LOW RISK of $1,000 with a minimum lot size of 0.01 and three currency pairs (such as EURUSD USDCHF USDJPY);
- MEDIUM RISK of $300 with a minimum lot size of 0.01 on a single currency pair, such as the EURUSD;
- HIGH RISK of $100 with a minimum lot size of 0.01 on a single currency pair, such as the EURUSD;
- Work Best On USDJPY, USDCHF, and EURUSD. (Applies to all currency pairs)
- Time frame is irrelevant.
- 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).