Introducing Price Action Scalping EA:
The Price Action Scalping EA is a professional forex robot meticulously designed for strategic scalping trading, specifically optimized for the GBPUSD pair on the M5 timeframe. It leverages price action strategies to capitalize on short-term market movements, allowing traders to open and close positions swiftly. This EA is pre-configured for immediate use, requiring no additional setup. With features like stop loss and trailing stop on every trade, it offers enhanced security and risk management. It adapts quickly to market changes, ensuring that positions are covered within minutes, providing profitable outcomes and consistent results.
Key advantages of Price Action Scalping EA:
- Profitability: The Price Action Scalping strategy executed 646 trades, yielding a net profit of $68,023.47, with a profit factor of 2.39. It indicates that for every dollar lost, $2.39 is earned, showcasing the EA’s effectiveness in producing profitable results.
- Effective Risk Management: With a maximum drawdown of $2,760.04 (7.46% of the initial deposit) and relative drawdown at 9.13%, the EA expertly manages risk, ensuring that losses are minimized compared to the profits gained.
- Ease of Use and Adaptability: The EA is pre-configured and ready to trade upon installation. It requires no constant monitoring and adapts to market changes swiftly, performing around the clock to maximize trading opportunities.
- Innovative Trading Strategy: Utilizing RSI and Bollinger Bands to identify price movements, it accurately predicts price action and uses this information to place pending orders, effectively capturing price trends.
Recommendations for using Price Action Scalping EA:
- Trading Platform: MetaTrader 4
- Pairs: Optimized for GBPUSD
- Supported Accounts: Demo and live accounts
- Timeframe: M5 (5-minute)
- Minimum Deposit: $500 recommended
- Can operate on: Both PC and VPS
Review of Price Action Scalping EA:
The Price Action Scalping EA provides a reliable, profitable strategy for traders, backed by its impressive trading statistics, risk management, and easy-to-use setup. Users experience a balance between short and long trades with a favorable win rate and minimal risk exposure.
Backtest results demonstrate: A net profit of $68,023.47 with effective handling of risk management.
Price Action Scalping EA MT4 Download Contents:
- Link download expert : Price Action Scalping EA MT4.ex4
- Presets: use default setting (dont need presets)
Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.
Payment:
Payment Options: PayPal, credit card, USDT TRC20, Binance Pay
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