MT5 Scalping EA Review

MT5 Scalping EA is designed to identify the best opportunities for short-term trades in volatile currency markets by employing a scalping technique. This advisor was developed by Rp4000 and has been provided to us for use.

Guidance for using the MT5 Scalping EA:

  • A minimum account balance of $100 is necessary.
  • The EA is preset to operate on the H1 Timeframe with the EURUSD Currency Pair by default.
  • It is adaptable and can be used with any currency pair and timeframe.

MT5 Scalping EA Setting

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This superior scalping EA for the MT5 platform is noteworthy for its ability to generate profits even with minimal initial investments and maintains a low maximum drawdown during trading. It refrains from utilizing high-risk trading tactics such as grid or martingale systems, ensuring that all trades are safeguarded by take profit and stop loss orders.

The EA offers flexibility in trading size, either through a fixed lot size or an automatic lot size adjustment that increases the trade volume dynamically. It is capable of remaining inactive for extended periods, engaging in only 2 to 5 transactions per week, and it operates by executing a single trade at a time in the market.

The RoyalPrince Scalper EA has demonstrated resilience through a series of rigorous monthly stress tests, showing an outstanding profit-to-drawdown ratio. It has also been thoroughly backtested using extensive historical data, which has validated its low maximum drawdown percentage. This feature makes it viable for use with a modest initial capital outlay.

While the EA’s default settings target a conservative monthly profit margin of approximately 4-8%, these settings ensure a stable return with minimal drawdown.

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Scalping Ea mt5 Download

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