Exp TickSniper Pro EA V19.802: A Smart Scalping Solution
Introduction
The Exp TickSniper Pro EA V19.802 is an advanced MetaTrader 4 expert advisor designed for high-speed tick scalping. Whether you’re an experienced trader or just starting out, this EA offers automated trading with a focus on short-term gains. Let’s dive into the details!
Key Features
Minimum Deposit:
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- Start with as little as $100.
- Recommended: Consider a deposit of $500 for optimal performance.
Timeframes:
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- Suitable for timeframes ranging from M5 (5-minute) to H1 (1-hour).
- Adjust the timeframe based on your trading preferences and risk tolerance.
Supported Currency Pairs:
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- The EA is optimized for the following pairs:
- EURUSD
- USDJPY
- USDCHF
- The EA is optimized for the following pairs:
Strategy Overview:
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- Smart Trailing Stop: The EA dynamically adjusts stop loss levels based on real-time data for each currency pair.
- Averaging Strategy: To mitigate losses caused by signal detection, the EA uses an averaging approach.
- Stop Loss Management:
- If an open position incurs a certain loss, the EA triggers the averaging function.
- Extreme cases involve stop loss placement for positions opened by TickSniper.
- Take Profit and Trailing Stop:
- The system automatically defines favorable take profit levels.
- A trailing stop is applied to cumulative positions (series of open positions).
- Breakeven Point:
- If a position goes into profit, the EA sets a breakeven point.
- Rolling back prices trigger position closure at breakeven.
Spread Calculation:
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- The EA calculates the spread by averaging the last ticks.
- This ensures accurate execution and risk management.
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