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Daily Scalping v1.0e.mq4 - Expert Advisor for Consistent Forex Profits
Unlock the potential of your trading with Daily Scalping v1.0e.mq4, a powerful Forex robot designed for optimal performance in the dynamic market. This EA employs advanced algorithms to execute precise trades, ensuring consistent profits without the need for constant monitoring.
With Daily Scalping v1.0e.mq4, experience the benefits of automated trading through an expert advisor that navigates the Forex landscape with agility. This Forex EA is crafted to deliver efficiency and reliability, making it a valuable addition to any trader's toolkit.
Tested on renowned brokers like LQDFX and FXOpen, Daily Scalping v1.0e.mq4 exhibits compatibility across various platforms. Whether you're a seasoned trader or a newcomer to Forex, this robot adapts seamlessly to different brokers, promising a smooth trading experience.
Enhance your trading strategies with Daily Scalping v1.0e.mq4, the expert advisor that prioritizes precision and consistency in the Forex market. Elevate your trading game without the need for constant manual intervention. Download the file and embark on a journey towards sustained Forex success.
daily scalping v1.0e.mq4 13.03 kb, 38 downloads since 2015-04-23
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Ready to Ace Forex with Daily Scalping EA? Lets Dive In!
The Daily Scalping EA is designed for active, short-term trading,primarily in the forex market. This EA operates by recognizing market trends and executing buy or sell orders based on these trends. It's particularly focused on making small, frequent trades to capitalize on minor price movements-a classic scalping strategy.
How this EA works:
It analyzes the last three daily candles to determine market trends.
It places buy or sell orders based on the trend detected and manages them with predefined take-profit and stop-loss levels.
It allows for the adjustment of lot size based on the account equity and risk parameters.
Limits the number of losing trades per day and disables further trading if this limit is reached.
Setting it Up:
Download and Install: Grab the .mq4 file for Daily Scalping EA and install it onto your MT4 platform.
Adjust Parameters:
GMT_Shift: Modify this to align the EA's operations with your time zone.
TakeProfit: This is your target profit point for each trade. Set it according to your trading goals.
StopLoss: Define the maximum loss you're willing to take on each trade to protect your capital.
HourToCloseOrders: This setting determines the specific hour when all open orders should be closed, irrespective of profit or loss.
SundayCandleExists: Indicate whether your data includes a Sunday candle (true or false), which can impact trend analysis.
Lots: This is the size of each trade. Adjust it based on your risk tolerance and account size.
UseMoneyManagement: Enable this to automatically adjust the lot size based on the defined risk level.
Risk: Set the percentage of account equity you're willing to risk on each trade, used in conjunction with money management.
Slippage: Define the maximum slippage acceptable for your trades.
MaxLossesTradesPerDay: Limits the number of losing trades the EA can take in a single day, preventing excessive losses.
EAComment: Add a custom comment for your trades, which can be useful for tracking and analysis.
Optimal Settings for Winning:
Currency Pair: Major pairs like EUR/USD.
Timeframe: 1-hour (H1).
Minimal Balance: $1000.
Risk Level: 2% of account balance per trade.
GMT_Shift: Adjust according to your time zone.
TakeProfit: 100.
StopLoss: 40.
HourToCloseOrders: 23.
SundayCandleExists: true.
Lots: 0.1.
UseMoneyManagement: false.
Risk: 0.
Slippage: 3.
MaxLossesTradesPerDay: 2.
EAComment: Custom comment (user-defined).
Daily Scalping EA is a dynamic forex tool for quick trades based on market trends. It's great for those who like a hands-on approach in forex, looking for small but frequent gains. Remember, manage your risk wisely and happy trading!
daily scalping v1.0e.mq4 13.03 kb, 14 downloads since 2023-11-14
AI Forex robot (Trade Executor EA)
NEW AI Forex robot (MT4talk Trade Executor EA)
Try it 100% FREE – Download it 100% FREE at https://mt4talk.org/download_latest.php
Guaranteed Profit Every Week!
- In the EA settings, enter your MT4talk registered email address and your MT4talk forum password.
- If you yneed help, visit the MT4talk Help Center: https://mt4talk.info to chat with the chat assistant in any language!
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Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum, as well as the forum administrators.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The uploaded files do not come with support or any guarantee.
The website does not sell Forex robots and does not provide support for any downloaded Forex robots. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. If you choose to download a Forex robot from the forum, you do so at your own risk.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "Trade Executor EA," which can be downloaded by PRO members, just like any other Forex robot on the forum. This Forex robot is only a bonus and is not included in the original PRO membership.
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We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
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