Wall Street Scalper V2.3 EA MT4: A Scalping Robot for US30 Index Trading
The Wall Street Scalper V2.3 EA MT4 is an expert advisor designed for scalping on the popular US Wall Street 30 index (US30). It employs a well-tested strategy and has undergone extensive testing on both real and demo accounts. Here are the key details:
Strategy Highlights:
- Scalping Approach: The EA capitalizes on small price movements, making it suitable for short-term trading.
- AI-Powered Strategy: Developed using Artificial Intelligence, this robot combines advanced algorithms to identify optimal entry and exit points.
- Risk Management: The EA avoids high-risk methods such as grid trading, martingale, or topping up. Each trade includes a Stop Loss and Take Profit level.
- Profit/Risk Ratios: The strategy has been tested on various Profit/Risk ratios, ensuring flexibility for different risk preferences.
Key Parameters:
- Lot Type: Choose between fixed (constant) lot size or automatic lot calculation based on the Profit/Risk ratio.
- Take Profit and Stop Loss: Set your desired profit level and maximum loss.
- Max Orders: Define the maximum number of orders allowed simultaneously.
- News Filter: Optionally use a news filter to avoid trading during major economic announcements.
- Optimization: Before using on a live account, test the EA on a demo account for at least 12 weeks to ensure compatibility with your broker.
Minimum Deposit and Time Frame:
- Minimum Deposit: While the EA doesnโt specify a minimum deposit, itโs advisable to start with a reasonable amount based on your risk tolerance.
- Time Frame: The EA operates on the M15 chart for the US30 index.
Currency Pair:
- The Wall Street Scalper V2.3 EA MT4 is specifically designed for trading the US30 index. Therefore, it doesnโt focus on individual currency pairs.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.๐๐
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