Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Introducing the latest generation of EAs that automatically trade forex according to the scalper strategy. Expert Advisor Dragoon Scalper is programmed with advanced algorithms and unique trading strategies. EA analyzes market tick movements to look for trading signals with high probability and low risk. Scalper strategy quickly takes profits and exits the market early with small Stop Loss and short Trailing to optimize performance.
The EA is suitable for forex currency pairs with low spreads. The EA is easy to install and use, it is optimized for currency pairs without the need for set files. You just need the default settings.
Settings:
| Max Spread | = 30 to 50 (Must be higher than the average spread of the currency pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 4.0 to 8.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 300 (points) |
| Stop Loss | = 80 (points) |
| Trailing | = 6 (points) |
| Start Hour | = 2 |
| End Hour | = 22 |
| Magic Number | = any number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
Time frame: M1 or M5 or any timeframe. Use VPS with low latency (<10ms).
Pairs: low spread currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, EURJPY.
Use EA with ECN or Raw spread accounts, spread < 20 points. Min Balance: $ 200
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line).
