Wall Street Scalper EA V2.2: A Cutting-Edge Scalping Robot
Introduction
The Wall Street Scalper EA V2.2 has been meticulously designed with the primary goal of trading on the highly popular US Wall Street 30 index (US30). What sets this robot apart from many others in the market is its commitment to a well-tested and proven strategy. Let’s dive into the details:
Key Features and Strategy
- Strategy and Testing:
- The Wall Street Scalper EA V2.2 strategy has undergone rigorous testing over several months on both real and demo accounts. This extensive testing phase is a promising sign, indicating that the developers have invested time and effort into ensuring the reliability and performance of their trading algorithm.
- Risky methods such as grid trading, martingale, or topping up are not used. Instead, the robot adheres to responsible trading practices.
- Each trade executed by the Expert Advisor (EA) is equipped with a Stop Loss and Take Profit, emphasizing risk management.
- Customization Options:
- Traders benefit from a high level of customization:
- Show News Panel: Display a News panel to stay updated with market-influencing information.
- Use News Filter: Avoid unexpected market volatility resulting from major news events.
- Trade Direction: Choose between going long (buy) or short (sell) based on market conditions.
- Lot Type: Select either Fixed or Auto lot calculation. Fixed lot keeps the lot size constant, while automatic lot size adjusts based on the chosen Profit/Risk ratio.
- Traders benefit from a high level of customization:
- Recommended Settings:
- Deposit: The minimum deposit is $100, but it’s recommended to start with $500 for better risk management.
- Timeframe: The Wall Street Scalper V2.2 operates on the M5-H1 but recommended M15 timeframe.
- Currency Pair: It focuses on the US30 Index.
- Scalping Approach: The robot employs a scalping strategy, capitalizing on small price movements.
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