Atomic Scalper Expert Advisor is an automated forex trading robot that utilizes a Tick patterns built by advanced programming algorithms to signal a price retracement and place a trade. The EA is also based on the principle of capturing small market movements and take advantage from them through quick trades.
In this review, we will explore the features of the Atomic Scalper EA and its performance. By the end of this review, readers will have a better understanding of the Atomic Scalper EA’s strengths and weaknesses and will be able to make an informed decision about whether or not to use it in their own trading endeavors.
Atomic Scalper EA Strategy
Atomic Scalper Expert Advisor is an automated forex trading robot that utilizes a unique strategy built by advanced programming algorithms. The EA’s scalping strategy uses tick patterns to signal a price retracement, and it enters trades quickly and exits the market with a trailing stop, incorporating a smart entry strategy to execute trades. This EA is suitable for currency pairs with low spreads and operates on a time frame of M5.
The strategy behind the Atomic Scalper EA is based on the principle of capturing small market movements and taking advantage of them through quick trades. It uses a set of complex algorithms to identify entry and exit points based on tick data, which is more precise and responsive than regular price data. By incorporating a trailing stop, the EA can capitalize on trades while limiting potential losses.
One of the strengths of Atomic Scalper EA is its ability to react quickly to market movements, thereby reducing the risks associated with holding trades for prolonged periods. Another advantage of this EA is its suitability for low-spread currency pairs. However, It is also recommended to use a low-latency VPS to ensure quick execution and minimize slippage.
However, like any other trading robot, the Atomic Scalper EA has its weaknesses. One significant disadvantage is its reliance on tick data, which may not always be reliable, especially during periods of low market liquidity. Additionally, the EA’s strategy is designed for short-term trades, which may limit its profitability in the long run. Traders are advised to test the EA on a demo account before using it on a live account to evaluate its performance and adjust the settings accordingly.
Atomic Scalper EA Features
- Automated forex trading robot with a unique scalping strategy based on tick patterns
- Uses advanced programming algorithms to identify entry and exit points
- Enters and exits trades quickly with a trailing stop and smart entry strategy
- Suitable for low-spread currency pairs
- Operates on the M5 time frame
- Reacts quickly to market movements, reducing the risks of prolonged holding periods
- Uses tick data, which is more precise and responsive than regular price data
- Incorporates a trailing stop to capitalize on profitable trades and limit potential losses
- Requires a low-latency VPS for quick execution and minimal slippage
Atomic Scalper EA Settings
- Max Spread – Maximum spread filter
- Fix Lot (if 0 then Auto) – Fixed lot size
- Auto Lot – Automatic lot size calculation
- Take Profit – Take Profit level in points
- Stop Loss – Stop Loss level in points
- Trailing On/Off – Trailing stop function on/off
- Trailing Start – Trailing start level in points
- Trailing From – Trailing from level in points
- Trailing Step – Trailing step level in points
- Time to Start Hour – Start hour to open trades
- Time to Finish Hour – End hour to open trades
- Magic – Magic number to identify trades
- Open Opposite Deals – Enable/disable opening opposite direction trades
- Number of Opened Deals – Maximum number of open trades
- Use Breakeven – Enable/disable breakeven function
- Comments – User comments for trades.
Atomic Scalper EA Summary
The Atomic Scalper EA is an automated forex trading robot with a unique scalping strategy that uses tick patterns to signal price retracements. It enters and exits trades quickly with a trailing stop and smart entry strategy, suitable for low spread currency pairs, and operates on the M5 time frame.
One of the strengths of the Atomic Scalper EA is its ability to react quickly to market movements, reducing the risks of prolonged holding periods. The use of tick data also enables it to be more responsive to market changes, which is particularly beneficial in volatile market conditions.
The EA has some weaknesses, including reliance on tick data and a short-term trading strategy that may limit its profitability in the long run. Before using the EA on a live account, traders are advised to test it on a demo account and apply good risk management settings.
The Atomic Scalper EA is suitable for traders looking for a quick and responsive scalping strategy.
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