Market / MetaTrader 5 / Experts /

Indices Scalper Pro

49 USD

Demo downloaded: 92

Published: 16 July 2023

Current version: 1.4

Indices Scalper Pro

Experts
Philani Mthembu
Philani Mthembu
Trader/Software Developer at Durban

South Africa

11091
4.8 (5)
- https://indices-investment-group.thinkific.com
Trader, developer with 2 years experience.

5 products 2 codes 6 comments
Version: 1.4
Activations: 10

This Expert Advisor (EA) implements an automated trading strategy based on the ZigZag Indicator. Key features include:

- Utilizes ZigZag indicator to identify potential price swings

- Incorporates Fibonacci retracement levels for entry and exit signals

- Designed for both short-term (scalping) and medium-term (swing) trading approaches

Configurable risk management settings:

• Default lot size: 0.01 (adjustable)

• Stop Loss: 1.5% of current price

• Take Profit: 1.5 times the Stop Loss distance

Technical Details:

- Trades major forex currency pairs

- Requires basic understanding of technical indicators and automated trading concepts

Important Notes:

- This EA is a tool to assist in implementing a specific trading strategy. It does not guarantee profits or eliminate the risk of losses.

- Past performance of any trading system or methodology is not necessarily indicative of future results.

- Users should thoroughly understand the strategy and risk parameters before deploying this or any automated trading system.

- It is crucial to only trade with funds you can afford to lose and to understand the high risks associated with forex trading.

- Regular monitoring and adjustment of the EA's performance is recommended.

We encourage users to demo trade this EA extensively before considering live implementation. Direct Message me for support, I'm available to answer technical questions about the EA functionality.

Please consult with a licensed financial advisor to determine if this type of trading aligns with your investment goals and risk tolerance.

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Indices Scalper Pro

Philani Mthembu