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Recruitment of participants EA LEGENDARY SCALPER MT4

EA LEGENDARY SCALPER MT4

GOODMEN

Administrator
Staff member
EA LEGENDARY SCALPER MT4
V151.98 + SETFILES


Recommended pair/timeframe: XAUUSD / M30, BTCUSD / M30, ETHUSD / M30

Requirements and recommendations

  • Low spreads are the most important factor when choosing a broker.
  • We recommend using a VPS with a low ping to your broker.
  • Supported leverage ranges from 1:100 to 1:500. ( Recommended leverage is 1:500 )
  • The minimum recommended balance for an Expert Advisor is $100.
  • Your PC's/VPS processor shouldn't be overloaded with other programs or Expert Advisors (otherwise, the Expert Advisor won't be able to process all the ticks, which is detrimental to the Expert Advisor).
  • If you use multiple Expert Advisors on a single account, be sure to ensure that each Expert Advisor has a different Magic Number.

Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this advisor does. He does not guess, but acts only when the market gives a clear signal. Breakdown — and go ahead, with a clear plan for the stop and the goal. The usual breakdown advisor may be wrong. And ours thinks. It uses a neural network that analyzes hundreds of parameters before each entry: not just "has the price broken through the level", but "how similar is this breakdown to the successful ones in the past". It's like a trader's experience, but without the fatigue and emotions.

The breakdown strategy is often criticized due to false positives - but not in this case. Our Expert Advisor uses multi-stage filtering: it takes into account the strength of the candle, price behavior after the breakdown and market volatility, and other criteria. Only if all the conditions are met, a deal is opened. This reduces the number of unprofitable entries and increases stability.

This Expert Advisor implements a breakdown strategy based on a dynamic analysis of price levels. It builds support and resistance levels based on the recent price range, applies filters based on the volume of movement force, and opens positions only with confirmed breakouts. Flexible risk management settings are built in: AI filters are built-in stops, stop loss, take profit, breakeven and trailing stop for the correct size of points for a rapidly changing economy. It is suitable for trading on pairs with high volatility.

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