AJ Trader FX Special Limit Scalper

AJ Trader FX Special Limit Scalper

AJ Trader FX Special Limit Scalper is an automated trading Expert Advisor designed for MetaTrader 5.

The EA uses an EMA-based market direction check for the initial entry and then manages trades using an automatic Stop-and-Reverse system with pending orders.

Main Features

  • Automatic BUY and SELL trading

  • EMA-based initial trade direction

  • Automatic Stop-and-Reverse trading

  • Uses Buy Stop and Sell Stop pending orders

  • Adjustable starting lot size

  • Adjustable order distance

  • Adjustable profit trigger

  • Adjustable trailing distance

  • Automatic pending-order management

  • Broker lot-size normalization

  • Margin and trading-condition protection

  • Supports Netting and Hedging accounts

  • Suitable for Forex, Gold and other supported instruments

Recommended Account

For normal use, USD RAW or USD ECN accounts are recommended because tighter spreads and good execution can be beneficial for this trading style.

USC (Cent) RAW or ECN accounts can also be used for smaller-balance testing, depending on the broker's symbol specifications and minimum lot requirements.

Default Parameters

  • Starting Lot: 0.01 SAFE / 0.1 HARD

  • EMA Period: 200

  • Initial Distance: 40 points

  • Profit Trigger: 40 points

  • Trailing Distance: 30 points

Trading performance may vary depending on spread, commission, execution, leverage, symbol specifications and market conditions.

It is recommended to test the EA in the Strategy Tester and on a demo account before using it on a live trading account.

Past performance does not guarantee future results.


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Abhinav Puri
5 (1)
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4.67 (6)
Experts
80 consecutive months in profit with low drawdown: Live performance MT4 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timeframe: M5 Features: Trend , Mome
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