X4MultiScalper

X4 Multi Scalper Description

(Buy this EA and you get RSI PULLBACK + GRID EA for free Limited offer till 2022-31)

The Forex scalping strategy focuses on achieving small winnings from currency fluctuations. Scalpers are usually using short timeframe charts, ranging anywhere from 5 minute for 15 Minutes. FX scalping methods typically do not aim for massive payouts, most trades close positions after gaining 5 to 20 pips.
 
We've developed 5 best methods that the EA use when preparing for scalping. Firstly, since this strategy operates on very tight margins, it is essential to find brokers and currency pairs with very small spreads. In the long term trades, 1 or 2 pips may not make any noticeable difference, but in the case of an FX scalping strategy, it can represent 10 to 40% of the potential payout. 1 pip difference doesn't look much, but after 100 trades, it equals 100 pips. Spreads can add up easily.
 
Another important component for success is Support and resistance in this field is choosing currency pairs with higher volatility. This Strategy essentially can provide traders with more trading opportunities by placing limit order on that particular moment.
 

Choosing brokers with no dealing desk is also essential, since getting a refusal for opening or closing trades at the wrong time can prove very devastating for the trading account.

 

When it comes to technical indicators, many popular Forex scalping strategies include utilizing moving averages ,But in this EA The scalper use RSI-MACD Power Candles and Signal Candles, support and resistance is to find suitable entry points for opening positions, when this situation happen The EA places an limit Order, The Scalper best entries are in 5M 15M 30M 1H timeframes on Forex Minor and major Pairs, such as AUDUSD,EURUSD,NZDUSD,AUDJPY,GBPUSD and Metals XAGUSD XAGEUR and a lot more.

Recommendation Is to test The Scalper On open price and 50 MS for find the pairs that are more suitable based on the account size and for Accurate entries.