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FMM Ultimate Pro Scalper is an automated trading Expert Advisor (EA) wholly reliant on Scalping and technical analysis. While operational, the EA evaluates the chart at the onset of each new candle. If no positions are open, the EA initiates an order in alignment with the candle’s direction. Concurrently, the EA establishes a stop loss order at a specific distance from the opening price if the stop loss variable exceeds 0; otherwise, it refrains from placing a stop loss.
Effectively manage your risk with the optional Hedging feature, which allows for simultaneous multiple order openings and closing all positions before entering new trades and stop-loss orders. Additionally, the optional Martingale assists in applying the strategy of increasing the volume of positions after each losing order in the same direction as the original, enhancing winning opportunities.
Some backtest results of FMM Ultimate Pro Scalper EA
Name | Fit |
---|---|
Trading platform | Meta Trader 4 (MT4) |
Minimum deposit | $100 |
Time frame | Any |
Applicable currency pairs | Any |
Exclusive feature | PropFirms Trading |
Setup files | Available |
Product type | NoDLL / Fix |
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