Forex EA Name: Emperor 2.0 Forex EA - Bi-Directional High-Frequency Scalping. Recommended for highly volatile currency pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY, and XAU/USD. Ideal for low spread ECN platforms, suitable for M30 timeframes.
A high-frequency, bi-directional order execution EA that uses pending orders. It can aggressively scalp in ranging markets. Three take-profit modes lock in profits, and two stop-loss risk controls are in place to manage risks. The maximum order size, entry spread, and EA running time are all set to avoid unidirectional trends during early trading hours and significant data releases.
Performance data for 2018-2019: Profit of $8,600, maximum drawdown of $2,400, and a total of around 200 lots traded. (EA backtest data is provided below)
Screenshot of EA Backtest Data
Forex EA Installation Steps:
After purchase, copy the Ex4 file to the MQL4/Experts directory in your MT4 platform.
Restart the MT platform (or in MT4, go to 'View' -> 'Navigator' -> right-click 'EA Trading' -> Refresh).
First, open the currency pair and drag the strategy onto the chart. You don't need to open charts for other currencies.
There is no 100% accurate trading system in the world. Any excellent trading system also has periodic flaws. Having more reference signals is equivalent to having more guidance and suggestions. Wishing everyone success!
