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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, 33 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, 10 downloads since 2023-11-14
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