These EAs are tools to automate your trading. They are suitable for traders at all levels, but we advise practicing with a demo account until you achieve consistency and confidence for live trading.

Sharpshooter EA Trading Strategy:

• Forex Scalping Focus: Sharpshooter EA aims to capitalize on small pip movements, a common approach among forex scalping robots, necessitating optimal market and broker conditions to unlock its potential.
• Trading Frequency and History: It averages 5 trades per day, amassing over 43,000 trades since 2003 through backtesting. The strategy focuses on scalping 5-15 pips per trade cluster, with an average trade duration of just 1.5 hours, aligning only with the major time-frame trend.
• Adaptive Money Management: Employs a flex-grid money management system that activates in tandem with prevailing trends, allowing for a versatile approach to varying market conditions.
• Currency Pair Specificity: While specifically programmed for the EUR/USD and GBP/USD pairs, users have the flexibility to test Sharpshooter on different instruments and timeframes.
• Broker Requirements: The EA requires a forex broker that offers tight spreads, low commissions, and fast execution to operate effectively. Performance may vary significantly across brokers due to these critical factors.
• ECN Broker Recommendation: For optimal execution, an ECN broker is recommended due to their deep liquidity pools and potential for more favorable pricing.
• High-Quality Backtesting: Utilizes 99.9% modelling quality data for backtesting in MetaTrader, aiming to provide the most accurate results possible. The longer-term viability of the EA is suggested by sustained historical performance during backtesting.
• Realistic Backtest Conditions: All tests were conducted with variable spreads and Dukascopy tick data to enhance the realism of the results. Refer to the attached backtest image for detailed insights!

EA Summary: