Don't Panic - this is scalper which detecting fast movements and makes trades on it. We named it like "Don't Panic" and there is a reason for that because this expert advisor has a protection from lossing a big amounts of money. You also may set up EA for your own acceptable risk but before that you should know that Don't Panic must be launched on brokers with a low spreads. Don't Panic doesn't use martingale or grid system and has a stop losses for all positions.
- Backtests results of any trading system do not necessarily guarantee a similar results in the future.
- Don't Panic EA requires as minimum $100 on your trading account. If you have less than recommended amount, please use cent account.
- EA requires constantly working 24/5 trading platform. It means that you should use it on dedicated server.
- EA requires constant and fast internet connection. It means that your dedicated server must connected to the fast internet provider and should be located closer to your broker’s datacenter
- Trading results highly dependent on broker conditions. Use broker with low fixed spreads.
Symbols: GBPUSD, GBPCAD, GBPCHF, USDCHF, USDJPY. You can aslo try to test and use another symbols with GBP, CHF, JPY and AUD at your own risk.
Required spreads: up to 2.0 pips