Algo Scalp Pro EA is an advanced scalping Expert Advisor featuring a loss recovery system, designed for use on the MetaTrader 4 platform. Extensively tested from 2010 to the present across diverse market conditions, it ensures robust performance. With a steadfast adherence to stop loss protocols, FIFO rules, and the exclusion of Martingale/grid/hedging strategies, it employs a singular lot increase for its recovery function.
Trading Specifications: Recommended Pair, Timeframe, and Minimum Balance
Recommended Pair: For optimal performance, AlgoScalpPro is best used with the EURUSD pair. This currency pair is chosen for its liquidity and lower volatility, which are ideal for scalping strategies.
Timeframe: The EA is optimized for the H1 (one-hour) timeframe. This timeframe strikes a balance between capturing sufficient trading opportunities and maintaining manageable market noise levels.
Minimum Balance: While the EA is designed to operate efficiently with various account sizes, a minimum balance of $500 is recommended to ensure sufficient margin and trading flexibility.
ALGO SCALP PRO EA Features
- Platform: MetaTrader 4
- Currency Pair: EURUSD
- Timeframe: H1
- Compliance: FIFO rules
- Strategy: No martingale/grid/hedging; uses a one-time lot increase for recovery
- Risk Management: Always includes stop loss
- Automation: Fully automated trading
- Recommendation: VPS usage advised
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