Forex EA Name: Cloud-Based High-Frequency Scalping Forex EA.
EA Coding Principle: The strategy focuses on trend-following and is suitable for breakout market conditions. Set the hanging order time period correctly, preferably during major news release times. Configure the maximum number of pending orders. Whenever there is a strong one-sided market, it is sure to make profits. Therefore, the EA is suitable for users who can roughly predict market trends.
Author's Words: Many people have consulted me about scalping EAs, and I have also looked at many strategies online, but the results were not satisfactory. Most scalping EAs quickly lead to capital losses. After testing, this scalping EA shows good results. With the right market conditions, it can yield good profits. This EA primarily focuses on trend-following and avoids the risk of margin calls during strong one-sided market movements. With properly set parameters, you may achieve unexpected results. EAs usually have cyclical performances, so please do not become overly obsessed and be aware of the risks!
Forex EA Installation Steps:
After purchasing, copy the Ex4 file to the MT4 platform's MQL4/Experts folder.
Restart the MT platform (or in MT4, go to [View] - [Navigator] - right-click [EA Trading] - refresh).
First, open a currency pair chart and drag the strategy onto the chart. There is no need to open charts for other currency pairs.
There is no 100% accurate trading system in the world. Even excellent trading systems have periodic limitations. Having an additional reference signal is like having additional guidance. I wish everyone success as early as possible!
