Scalper Monster

 Scalper Monster EA is a fully automated trading system that trades on the most popular major currency pairs  GBPUSD, GBPJPY, EURGBP, GBPCHF, EURUSD  on  M5 Time Frame. It’s pure Price Action trading, mean reversal system that utilizes peakedness of market distribution to identify trend reversals safely. This Scalping EA uses a unique trading system that combines sophisticated automated trading with user discretion. Scalper Monster is one most advanced scalping systems.

 

Benefits

  • Automatic market analysis by author's indicators
  • Non-linear algorithm of money management
  • Various algorithms for capital protection
  • Multiple parameters allow to make flexible settings for any financial instrument.
  • Multicurrency transactions to share the risk of loss.
  • Does not require optimization and configuration. Uses ready-made strategies.
  • Flexible risk management system. 
  • Advanced algorithm for entering and exiting the market.

Recommendations

  • Min. deposit $100.
  • Recommended pairs:  GBPUSD, GBPJPY, EURUSD, EURGBP, GBPCHF  (Still, EA technically works on any currency pair)
  • Timeframes: M5 or any Time frame
  • Spread : 5 to 20
  • Use an ECN-broker with fast order execution.

Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick

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