WHAT IS NUMBER 6 SCALPER EA?
Number 6 Scalper EA: A Gold Trading Strategy for 5-Minute Timeframes
Number 6 Scalper is a trading strategy tailored for 5-minute gold trading. It leverages a blend of candlestick patterns and trend analysis to pinpoint trading opportunities with a high likelihood of success. This strategy has been crafted to minimize drawdown, rendering it appropriate for traders of varying experience levels.
Vendor: https://borot.cfd/product/wml-scalper-mt4/
Original Price: $99
ForexEAstore.com Price: $14
Key Takeaways:
This automated trading strategy uses candlestick patterns and trend analysis to identify high-probability reversals.
It scans for specific candlestick formations that signal a trend may be ending. Additional algorithms confirm trend exhaustion to verify the likelihood of a reversal.
Once the candlestick event and trend reversal signals align, the strategy enters trades in the anticipated new direction. Stop losses are placed close-by to limit downside. Profit targets are set at 2-3 times the stop loss to allow winning trades room to capture larger gains.
The strategy also incorporates key money management rules to protect capital:
- Maximum 1% of account at risk per trade
- Use of trailing stop losses to lock in profits as the market moves favorably
The fixed fractional position sizing ensures no single trade jeopardizes the entire account. Trailing stops help protect any gains attained if the market initially moves in the strategy’s favor.
The combination of opportunistic entry points, disciplined stop losses, and trailing profits aims to optimize risk-reward ratios
NUMBER 6 SCALPER EA Features
- Platform: Meta Trader 4
- Trading Instruments: Metal, Currency pairs, Index
- Time Frame: M5 (5-minute)
- Risk Management: Emphasizes low drawdown to minimize potential losses
- Account Compatibility: Compatible with ECN accounts for efficient execution
- Minimum Deposit: Requires a minimum deposit of $500
- Money Management: Includes money management principles to protect capital
- Analytical Approach: Utilizes candlestick patterns and trend detection to identify high-probability trading opportunities
How to settings and run the Number 6 Scalper EA
To install the Number 6 Scalper EA on the MetaTrader 4 platform, follow these steps:
- Open the MetaTrader 4 platform.
- From the top menu, click on “File.”
- Click on “Open Data Folder.”
- Within the opened data folder, locate and open the “MQL4” folder.
- Inside the “MQL4” folder, find and open the “Experts” folder.
- Copy the “Number 6 Scalper EA .ex4” file into the “Experts” folder.
- Close and restart the MetaTrader 4 platform.
- After restarting, attach the Expert Advisor to the desired chart.
Now, you are ready to start using the Number 6 Scalper EA on MetaTrader 4!
NUMBER 6 SCALPER EA Review
Live Signal:- https://www.mql5.com/en/signals/2103791?source=Site+Signals+My#!tab=account
NUMBER 6 SCALPER EA Download
Link download Number 6 Scalper Ea Mt4 will be sent to your email after payment.
+ Expert :
- Number 6 Scalper .ex4
- Unlimited + Presets / NoDLL
- Free Future Updates
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Refund Policy:
- We do not promise profits and give trading advice. We will not refund because the profit are not good or just because you don’t like it or any other reasons.
- If the technical error is confirmed by us, you will receive another product being sold on our website, please read more Refund policy.
- Customers who open disputes/complaints with PayPal or Stripe will be blocked from all our websites and partners and will be unable to purchase EA in the future.
Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
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- The download link will be sent to your email within 5 minutes after the order is confirmed.
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