Euronis Scalper

The Euronis Scalper is an expert advisor (EA) that operates based on a scalping strategy, focusing on short-term market fluctuations. It incorporates real and virtual stop losses to effectively manage risk and protect against unfavorable market conditions.

In this comprehensive review, we will explore its key features, performance analysis, and risk management capabilities. We will assess its scalping strategy, the use of stop losses, customization options, and compatibility with multiple currency pairs. By evaluating historical performance and risk management features, we aim to provide readers with the necessary insights to make an informed decision about utilizing the Euronis Scalper in their trading endeavors.

Euronis Scalper Strategy

The Euronis Scalper is a Forex expert advisor that specializes in scalping strategies across multiple currency pairs. This automated trading system aims to capitalize on short-term market fluctuations by executing trades within a brief period. Unlike grid and martingale strategies, the Euronis Scalper focuses on a more conservative approach.

Euronis Scalper
Euronis Scalper

One notable feature of the Euronis Scalper is its implementation of real and virtual stop losses. By incorporating virtual stop losses, the EA aims to protect against stop-hunting practices by brokers, where prices are manipulated to trigger stops and prematurely close trades.

When examining the historical performance of the Euronis Scalper, it is observed that the average trade duration is approximately 1 hour and 48 minutes. This suggests a day trading approach rather than an ultra-short-term scalping technique, as the trades are held for a relatively long period. The EA generally sets stop losses and take profits within a range of 1 to 3 pips, focusing on capturing small price differentials in the market.


Despite its strengths, the Euronis Scalper also has some weaknesses. Firstly, the relatively longer trade duration of the EA contradicts its classification as a scalping strategy, which typically involves rapid trade executions. Traders seeking quick trades may find this aspect of the EA less suitable for their trading style. Additionally, it is important to note that historical performance should not be solely relied upon as a guarantee of future results. Thorough backtesting and forward testing are essential before deploying the EA on a live account.

It is important to recognize that scalping strategies, including the Euronis Scalper, are highly dependent on market conditions. The effectiveness of such strategies may vary during periods of low liquidity, high volatility, or significant news events. Traders should remain vigilant and closely monitor market conditions to ensure the optimal performance of the EA.

In terms of risk management, the Euronis Scalper integrates stop losses and take profits as part of its strategy. These risk management features help to optimize trading within the desired range. Traders can also adjust the settings and parameters of the EA to further customize and fine-tune the risk management aspect based on their risk tolerance and overall trading plan.

Euronis Scalper Features

  • The Euronis Scalper employs a scalping strategy to take advantage of short-term market fluctuations.
  • It uses both real and virtual stop losses to minimize potential losses and protect against unfavorable market conditions.
  • Traders have the flexibility to customize various settings within the EA to align with their trading preferences and adapt to different market conditions.
  • The EA supports hedging and netting functionalities, giving traders the option to employ different trading strategies.
  • It is compatible with multiple currency pairs, allowing traders to diversify their trading opportunities across different markets.
  • On average, the EA holds trades for approximately 1 hour and 48 minutes, indicating a focus on day trading rather than ultra-short-term scalping.
  • The Euronis Scalper follows a more conservative trading approach by avoiding aggressive strategies like grid and martingale.
  • Risk management tools, such as stop losses, are integrated into the EA to manage and mitigate potential risks.
  • The Euronis Scalper can be tested in a demo account, allowing traders to evaluate its performance and features without risking real funds.

Euronis Scalper Settings

  • Lots – Fixed lot used for trading; if set to 0, lot is calculated automatically.
  • LotsPercent – Percentage of the deposit used for risk and lot calculation.
  • BalanceControlMode – Mode for controlling balance; options include normal mode, holding maximum lot during drawdown, deposit recovery after drawdown, and more.
  • ResetMaxBalance – Resets the maximum balance value for accurate information.
  • SettingsNumber – Number of program settings (from 1 to 10).
  • CheckDrawDown – Function for switching between normal mode and minimum drawdown mode.
  • LowRiskSettingsNumber – Number of program settings for minimum drawdown mode (from 1 to 10).
  • StopLoss – Maximum loss per trade in points.
  • TakeProfit – Maximum profit per trade in points.
  • InvisibleStopLoss – Activation of ‘invisible’ Stop Loss.
  • TrailingTakeProfit – Trailing Take Profit.
  • MinOrderLifeTime – Minimum duration of an open order.
  • UseAutoTimeSettings – Automatic time zone detection.
  • TimeZone – Deviation of terminal time from GMT.
  • SWChangeMode – Terminal’s summer and winter time changeover mode.
  • TimeRiskFactor – Time risk limit (from 1 to 10).
  • ShowTimes – Display of trading time information.
  • ShowInformation – Output of Euronis advisor’s comments.
  • InformationStringNumber – Number of visible Euronis comments.
  • SaveInformation – Saving comments to a file.
  • UseMailReport – Sending a report to an email.
  • MailReportHourGMT – GMT time for sending reports.

Euronis Scalper Summary

The Euronis Scalper is a Forex expert advisor that employs a scalping strategy on multiple currency pairs. It allows traders to customize various settings based on their preferences. The EA utilizes real and virtual stop losses to prevent stop hunting by brokers.

Traders are advised to demo test the EA, applying effective risk management settings to evaluate its performance and suitability for their trading strategies.The Euronis Scalper is suitable for traders who prefer a scalping approach and actively manage their trades. It offers customization options and can be beneficial for those with a good understanding of risk management techniques.


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