Advanced Scalper MT4 EA V1.58 Non DLL

Description

The Advanced Scalper is a sophisticated trading robot developed over many years, featuring advanced exit algorithms, integrated spread filters, and slippage-control mechanisms. It is highly customizable to meet individual trader preferences and offers multiple configuration options. Recommended settings will be shared on the comments page.

Theoretically, the EA is suitable for any low-spread, high-liquidity market, with EURUSD and USDJPY being particularly recommended currency pairs.

Currently, the EA supports two usage modes:

1. Fully Automated Trading: Utilizes a High/Low breakout system for entry calculations, operable on any timeframe, though H1 or H4 is advised for more reliable entry points.
2. Manual Trading Support: Allows traders to select entry points manually or combine with other EAs, leveraging the Advanced Scalper’s advanced exit algorithms to manage trades.

Future updates may include new entry or exit strategies, pending rigorous quality testing.

Key Features:

• Mandatory stop-loss on every trade
• Advanced stop-loss management
• Spread filter to avoid trading in unfavorable market conditions
• Slippage control to minimize losses during high slippage
• Fully automated mode with adjustable entry settings
• Exit strategy compatible with manual trades or those from other EAs
• Passes stringent backtests with real variable spreads, commissions, and random slippage at 99% tick quality
• Verified live performance on high-balance accounts across multiple brokers
• Minimum recommended balance for full setup: $150

For optimal performance, use with brokers offering low spreads, low commissions, fast execution, and a stop level of 0 (no minimum distance for stop-loss placement). ECN brokers are typically ideal.

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