Ninja EA is a free download for an automated MT4 Fast Scalper EA. The adviser is made to employ a scalping technique, which finds the finest possibilities for short-term trades in erratic currency markets. You have the ability to modify the trading time that it operates on under the settings.
Its operation is predicated on taking advantage of the exchange market’s little drives and highly volatile candlestick patterns. To open trades, it primarily uses moving average indicators, RSI, and envelopes.
It doesn’t employ risky trading strategies like grid, martingale, etc. It only opens one trade at a time and completes one to ten transactions daily. Every transaction is safeguarded by a tiny take-profit and stop-loss stop, in addition to a trailing stop.
It has the option of trading with a set lot or an auto lot, which automatically increases the transaction size based on predetermined parameters. Because this EA has a relatively modest maximum drawdown percentage, it can be used with a little initial investment.