Welcome to the fully automated trading system with EA Sky Scalper. This Expert Advisor uses scalping strategy with the most advanced algorithms, it analyzes thousands of Tick volatility patterns and looks for trading opportunities in the forex market with high probability of winning.
This EA tracks climax price movements in overbought and oversold areas looking for entry signals. These signals usually have a high probability of retracement.
Trading orders always have Stop Loss to control risk and protect the account. Stop Loss, Take Profit, Trailing values can be customized in the settings panel.
The EA is suitable for major forex currency pairs and Gold. You should try with low spread currency pairs for stable and consistent results. For example: EURUSD, GBPUSD, USDJPY... with spread = 0 to 15 points.
EA's settings interface is simple and easy to use, suitable for everyone. If you are inexperienced, you just need to set the default. You can start with an account with a small balance from 200 USD.
|Max Spread||= 30 to 50 (Must be higher than the average spread of the currency pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 1.0 to 15.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)|
|Take Profit||= 500 (points)|
|Stop Loss||= 100 (points)|
|Trailing||= 10 (points)|
|Magic Number||= any number|
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Time frame: M1 or M5. Use VPS with low latency (<10ms).
Use EA with ECN or Raw spread accounts, spread < 20 points. Min Balance: $ 200
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)