Day Scalper EA

DAY SCALPER EA is designed for traders who favor a high-frequency trading approach. As a day scalper, this EA executes numerous trades daily, aiming to secure small profits with each transaction.

 Its strategy focuses on trend-following, utilizing the RSI indicator to pinpoint optimal entry points.

Trend-Following Strategy:

The Day Scalper EA trades in alignment with the prevailing market trend.

• By leveraging the RSI indicator, it identifies moments when market conditions meet its predefined criteria, allowing it to enter trades that capture small price movements throughout the day. This results in multiple trades with relatively small profit targets.

Averaging & Risk Considerations:

The Day Scalper EA employs an averaging strategy combined with a multiplier lot system, similar to Martingale.

• This approach increases trade sizes when the market moves against a position, attempting to recover losses. While it can be profitable during favorable market conditions, it introduces significant risks—prolonged adverse market movements could lead to substantial losses.

Understanding the mechanics and risks of averaging is crucial before using this EA in live trading!!

Risk Control Features:

The Day Scalper EA includes risk management tools to mitigate potential dangers:

• Order Limit: Traders can limit the maximum number of open orders during the averaging process.
• Equity Risk Cap: Control potential losses by capping the equity risk, offering better overall protection.

Recommendations for Day Scalper EA:

• Minimum Account Balance: $500 or equivalent cent account.
• Best Pairs: GBPUSD – EURUSD (compatible with any pair).
• Time Frame: Optimized for H1 (works on any time frame).
• VPS Requirement: To ensure stable performance, this EA should run continuously on a reliable VPS.
• Account Type: ECN or Zero Spread
• Leverage: 1:500
• Optimal Conditions: Low spread, minimal slippage, and fast execution are highly recommended for best results.

Note: Test the Day Scalper EA in a demo account for at least a week before live trading to fully understand its mechanics and risk control features.

2 PRESETS:

Together with the EA, we include 2 fully optimized presets.

• MEDIUM RISK:  $500 MIN DEPOSIT – 75% NET PROFIT – 20% DD – 90% MODELING QUALITY

LOW RISK: $500 MIN DEPOSIT – 35% NET PROFIT – 12% DD – 90% MODELING QUALITY