AMERICAN SCALPER EA – BINARYFOREXEA
Forex Mt4 Expert Advisor
MIN DEPOSIT: $100 IN ECN OR ZERO SPREAD ACCOUNT
MAX SPREAD: 5
BROKER: ROBOFOREX ECN – OR ANY ECN-ZERO SPREAD ACCOUNT MAX SPREAD: 5
Introducing the American EA, an expert advisor designed for the EURUSD currency pair on the MetaTrader4 platform. With a minimum account balance of 100, this EA is accessible to traders of all levels
American EA operates on the M15 timeframe and is optimized for accounts with a spread lower than 5 and leverage 1:500.
It has a monthly performance rate of 114% with a maximum drawdown of 9%.
American EA utilizes both buying and selling strategies and opens small lot sizes of 0.01, ensuring a healthy risk management approach with a 2% risk per trade.
It has a lot multiplier that may open trades up to 0.02 lots, though it’s not the standard practice.
To maximize profits, American EA has a visible take profit of 100 pips and an invisible real take profit of 80 pips.
Additionally, it has a news filter that helps to avoid volatile market conditions during high-impact news events.
American EA does not leave open trades !!!
Overall, the American EA is a reliable and powerful trading tool designed to help traders make informed trading decisions. With its optimized settings, healthy risk management approach, and advanced trading strategies, the American EA is a valuable addition to any trader’s arsenal!
No preset configurations are necessary as it operates with default settings and it´s recommended that you do not make any changes to the configuration.
Simply open EURUSD pair and set the timeframe to M15 and place the EA.
MUST READ THIS:
When it comes to scalping, a broker with low spreads is key. Ideally, you should look for a broker with a spread of 0 pips or under 5 pips. It’s important to check the spread of your broker before you begin trading. Do not use Standard or Accouns for this EA.
If your broker has a high spread, the EA will not perform as expected, resulting in lower returns or, in cases of excessive spread, it may not open trades at all.
Using a VPS is not mandatory, but if you choose not to use one, you will need to keep your computer running. If you decide to use a VPS, keep in mind that you will need to ask your broker for recommendations and assistance with installation, a VPS located close to your broker’s server will help to minimize latency . Note that we do not provide private VPS installation services.