Trading utilities for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Description: forex scalper Scalp Zero Level
You can copy our trade using the Scalp Zero Level forex scalper on MQL5.
Our forex signals with this forex robot:
Alpha Zulu - https://www.mql5.com/en/signals/2172828
Alpha Zulu Turbo - https://www.mql5.com/en/signals/2173001
1. Introduction:
100% automated trading system that requires no manual intervention.
Scalp Zero Level is a unique Forex robot that is based on a scalping strategy using key levels in specific time windows within the day. The robot gives traders the opportunity to enter the market through pending orders at certain moments of the Asian, European and American exchange sessions.
2. Basic principles of work:
Session time windows: Scalp Zero Level examines three intra-day time windows - Asian, European and American sessions - and identifies key levels for market entry.
Pending orders: The robot uses pending orders like SellLimit, SellStop, BuyLimit and BuyStop to enter the market at the moments defined by the algorithm.
Maintenance modules: Profitable positions are accompanied by follow-up modules including "position lifetime in the market", SmartTrail, "TargetProfit", "EndDayProfit" and physical take profit.
Risk management: Risk is managed by setting StopLoss at 50 to 100 pips. The robot avoids risky methods such as martingale and leveraged averaging.
3. Features: Scalp Zero Level forex robot
Visualization and time windows: The robot visualizes key levels and time windows on currency pair charts for trader's convenience.
Flexibility of timeframes: Scalp Zero Level can work on any chart time frame, allowing traders to choose the optimal time frame for their strategy.
Multicurrency: The robot supports trading on all major, minor and cross-currency pairs, providing traders with a wide range of choices. Average profit from each deal 30 - 100 pips. 1% of the account balance is used to open a deal on each currency pair, approximate profit of 1-2% from each deal.
4. Reliability:
Scalp Zero Level is a reliable and flexible forex robot designed for traders looking for an efficient way to scalping in the forex market. Through the use of key levels and strict risk management, this robot provides reliable trading solutions on a variety of currency pairs and timeframes.
5. Key Levels in Trading:
In the Scalp Zero Level strategy, key levels play an important role in determining entry and exit points. These levels are points where the price of an asset tends to change direction. They can be reversal points ("price bounce"), or they can be moments when the movement continues ("breakout"). When scalping, it is especially important to take into account the confirmation of a trend change after a level breakout, taking into account the possibility of false signals.
In the Forex market, levels occur where the strength of buyers and sellers are approximately equal and the value of an asset begins to slow down. Trading psychology plays an essential role here: traders react to these price points by creating key points in the charts. Such levels provide valuable information about possible changes in market direction and help traders make informed decisions in trading strategies.
Scalp Zero Level forex robot actively utilizes this aspect, relying on market psychology and technical analysis for accurate entries and exits of trades. These key levels, customized for scalping strategies, provide a solid foundation for successful trades, making the robot a reliable and effective tool for traders.
This strategy is implemented in the Scalp Zero Level forex robot, providing traders with the ability to trade the market with confidence based on key levels and market psychology.
- Welcome to the world of innovative solutions for successful trading on the currency market! Our forex robot Scalp Zero Level is your reliable partner in achieving your financial goals. With its help you are guaranteed to get a return of about 230% per year, while minimizing the risks (drawdown of no more than 12%).
- Why is our robot the best choice for you? Because we are constantly working on improving the algorithm to provide you with the most comfortable trading conditions. The settings for the GBPUSD currency pair are already preset by default, which allows you to instantly start testing and evaluate the effectiveness of the strategy.
- If you have any questions or need assistance, do not hesitate to contact us. We are ready to answer all your queries and discuss customized settings for other currency pairs. Together we will achieve financial stability and success!
- Settings for other currency pairs will be available for download in the news feed of my profile.
- We wish you profitable and safe trading transactions!
Best wishes, Scalp Zero Level Development Team!
Don't forget to ask your questions in comments - we are always ready to help you achieve financial prosperity.
Updates:
Starting with v.2.01 (21/11/2023), a filter based on the RSI indicator has been added. This filter helps to limit potentially erroneous pending orders when a local trend is expected to end and waiting for a correction to start in the expected direction.
Version 2.2 (05/12/2023) - Edits the module that uses the RSI indicator. Allows to use for visualization the timeframe of the chart, which is different from the timeframe set in the trading settings.
