Xpert Scalper EA

Xpert Scalper EA is an automated trading system for specific forex major currency pairs. The EA isn’t available on the MQL marketplace, and you need to download it from third-party sources.

In this article, we’ll look at the Xpert Scalper EA, how it works, its strategy, features, and settings.

Xpert Scalper EA Strategy

Xpert Scalper EA is an automated trading system designed to execute trades on the forex market. It is specifically designed for scalping, a trading strategy that involves making multiple trades over short periods.

The EA is optimized to work on three currency pairs, EURUSD, GBPUSD, and AUDUSD, in a 1-minute timeframe. It uses a combination of technical indicators and price action analysis to identify potential trade setups.

Xpert Scalper EA identifies potential scalping opportunities by looking for short-term trends and using technical indicators to confirm the direction of the trend. The EA will enter a trade when it identifies a potential trade setup.

To manage risk, the EA uses a tight stop-loss and take-profit system. The Xpert Scalper EA also includes a trailing stop loss feature, which allows it to lock in as the market moves in the desired direction.

The Xpert Scalper EA is developed for any account size and can be customized to suit your risk tolerance and trading preferences. The EA comes with detailed instructions on how to set it up and use it effectively.

It also includes a backtesting feature that allows traders to test the system’s performance on historical data before using it on a live account.

A fast VPS (Virtual Private Server) is required to run the Xpert Scalper EA. The EA needs to execute trades quickly to take advantage of small price movements.

A forex VPS is a dedicated server that allows traders to run their trading software 24/7, without interruption, ensuring that the EA can react quickly to market conditions.

Xpert Scalper EA
Xpert Scalper EA

Xpert Scalper EA Features

  • The EA works on EUR/USD, GBP/USD, and AUD/USD.
  • It is a scalping system and works in only a 1-minute timeframe.
  • It is only available for MT4 and requires a VPS.
  • The EA is compatible with all account types.
  • It can be used with any forex broker platform.
  • Xpert Scalper requires a minimum balance of $1000.

Xpert Scalper EA Settings

  • Magic ID – The default value is 12345678.
  • LOTS – The default lot size is 0.01.
  • Risk – The default risk is 40 lots.
  • SL – The default value is 50.
  • TP – The default value is 25.
  • Trailing stop loss – The default value is 10.

Xpert Scalper EA Summary

After analyzing the features, the Xpert Scalper EA uses a scalping strategy to try and profit from small price movements on forex major pairs like EUR/USD, AUD/USD, and GBP/USD.

It uses a combination of technical indicators and price action analysis to identify potential trade setups.

The EA is customizable for risk tolerance and trading preferences, and it comes with a range of adjustable parameters, including lot size, stop-loss, and take-profit levels.

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