A free to download automated Forex Scalper Robot for MT4 is called XProScalper EA. About 30 lucrative trading techniques are employed by this EA scalper, which strictly controls losses. All trades typically have a maximum duration of a few minutes. EA frequently executes several transactions in a single minute.
For this EA to be successful, instructions must be executed very quickly. As a result, this EA cannot trade profitably on a PC at home. Running this EA on a VPS with extremely low latency would be the best option.
The creator claims that this EA can operate on 30 currency pairs. However, based on my tests, it was limited to US30.
It does not using risky trading strategies like grid, martingale, etc. It completes over 50 trades each day. This EA will thus be effective for rebates. A tiny stop loss and take profit are always used to protect every transaction.
It can trade using a fixed lot or an auto lot that automatically increases the amount of the transaction based on the set criteria. Because this EA’s maximum drawdown % is low, it is possible to use it with only a small initial investment.
Recommendations for this Robot MT4
- Minimum account balance of 100$.
- According to the developer, this EA can work on 30 currency pairs. But from my testing, it only worked on US30.
- Work best on M5 TimeFrames. (Work on any time frame)
- This XProScalper requires a low latency to be profitable. So we recommend running this free forex Robot on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread, Slippage, and quick execution account for US30 is Highly Recommended (Find the Perfect Broker For You Here)
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