Forex Scalping EA MultiTrade

FOREX Scalping Expert -Scalper
Forex scalping has more demand lately and its absolutely legal in the forex market. Forex scalping can be done manually or by using a forex scalping expert advisors.Scalpers use all sorts of platforms for forex scalping strategies currencies, but probably one of the most common is MetaTrader 4.

Forex Scalping Expert Advisor " MultiTrade" Technical Characteristic:

•Currency: EUR/USD, EUR/CHF, GBP/USD, USD/JPY
•Timeframe: M5
•Using Indicators: NO
•Trading Time: 19:00-6:00 GMT
•Risk: Medium
•Minimum Deposit: $1000 ($200 for micro forex)
•Recommended Deposit: $2000 ($300 for micro forex)
•Concept: Forex Scalping Expert Advisor based on high/low channel and 4 screen conception
•Money Management: Stop Loss and Take Profit, closing at the time
•Customization: possible upon the request

Version for DukasCopy is Available. Click Here

How does the "MultiTrade"Forex Scalping Expert Advisor work?

Because many brokers expanded the spread on many currency pairs, we have concluded that the trading system working in the following way is needed:

a. It should work with several currency pairs, and not only with such popular for scalping pairs, as EUR/GBP or EUR/CHF;
b. The system shouldn't be susceptible to the spread.

We've developed the metatrader expert advisor MaltiTrade. The advisor works with the following currency pairs: EUR/USD, EUR/CHF, GBP/USD, USD/JPY. The advisor is not tied with concrete timeframe, but analyses timeframes m5, m15, m30, and h1 and opens orders irrespectively on all timeframes. The size of TakeProfit level is also different for different timeframes. I want to note once more that the advisor is not susceptible to the spread and was tested on the Alpari US broker, where the size of spread is increased. Such approach won't let the broker to consider the given system as the scalping one, and we hope that brokers won't unacceptably increase spreads, but will learn to live with the fact that the trader can be successful.The smart-money management system is also used in the given advisor. This system allows to diversify your portfolio using multi-timeframe and multicurrency trade. Weighting coefficients for each timeframe and currency pair are used in the system. In will allow to protect your capital more reliably.We plan to introduce the market volatility analysis system at a later stage. It will allow the advisor to trade 24 hours without time limits
 

Forex Scalping Expert Advisor " MultiTrade" Monitoring:

Forex Scalping Expert Advisor "MultiTrade" Back tests:

Click to View MT4 Expert Multitrade Back Test EURUSD Click to View MT4 Expert Multitrade Back Test GBPUSD Click to View MT4 Expert Multitrade Back Test USDJPY Click to View MT4 Expert Multitrade Back Test EURCHF