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Recommended Usage XXX

FX Scalper XXX is designed for short-term trading with frequent withdrawals. It trades multiple forex pairs simultaneously in small positions. Key settings include using automatic lot sizes in low risk mode, enabling safe mode, and selecting 10 recommended currency pairs to trade. The expert advisor performs best with a minimum $500 account on a brokerage with low spreads and commissions. Backtesting is not accurate since it cannot model trading multiple pairs simultaneously.

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zuan tiger
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165 views4 pages

Recommended Usage XXX

FX Scalper XXX is designed for short-term trading with frequent withdrawals. It trades multiple forex pairs simultaneously in small positions. Key settings include using automatic lot sizes in low risk mode, enabling safe mode, and selecting 10 recommended currency pairs to trade. The expert advisor performs best with a minimum $500 account on a brokerage with low spreads and commissions. Backtesting is not accurate since it cannot model trading multiple pairs simultaneously.

Uploaded by

zuan tiger
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FX SCALPER XXX

FX SCALPER XXX​ ​is more of a short term EA. Should be used for short term gains and
more frequent withdrawals. This EA isn't meant for long term compounding.

Minimum Starting Balance​:​ 100

Recommended Starting Balance:​ 500+ The more you can start with the better

Leverage: ​At least 1:300 (1:500 recommended)

Account Type:​ ​Compatible with any account type but zero/raw spreads account is
recommended for optimal results

Recommended Pairs:​ EURUSD - GBPUSD - NZDUSD - AUDUSD - USDCHF -


USDCAD -EURGBP - EURJPY - GBPJPY - USDJPY

These are our recommended pairs and the only pairs that we use. You guys can
venture out and try out other pairs but whatever results you get are on you.

Chart Installation: ​Install the EA on the M15 of just one of the recommended pairs.
You do not have to install this EA on multiple charts. Just install it on one M15 chart and
it will trade multiple pairs (the pairs you select in the “Pair Name Settings”)

Time Frame:​ ​ M15

Settings​:

Use_AutoLot:

If true: Automatic lot sizes will be turned on (recommended leaving it on true)

If false: Automatic lot sizes will be turned

==================================================================
Fix_Lot:

If automatic lot sizes if off you can choose your fixed lot size here

(0.01 per every $500 in your account recommended)

==================================================================

Auto_Lot:

This is where you select the risk mode for the automatic lot sizes setting

Low Risk (recommended)

Higher Risk

Highest Risk

==================================================================

Safe_mode:

If true: safe mode will be turned on (recommended)

If false: safe mode will be turned off

If safe mode is on and you have multiple pairs selected safe mode will only allow the EA
to have trades open for 1 pair at a time for every $500 in your account

Example:

Your balance is $500

You have 10 pairs selected

With safe mode on the EA will only have trades open for 1 pair at a time, It wont open
trades for a new pair until all positions have been closed on the current pair being
traded.
Another example:

Your balance is $1000

You have 10 pairs selected

With safe mode on the EA will only have trades open for 2 pairs at a time, It wont open
trades for new pairs until all positions have been closed on the current pairs being
traded.

==================================================================

TakeProfit:

Already optimized for the recommended pairs given

==================================================================

Pair Name Settings:

This is where you select the pairs you want the EA to trade. The 10 recommended pairs
are already pre-selected by default. You guys can remove pairs, add pairs, select only 1
pair, select 2 pairs, select 3 pairs, etc. Customize the number of pairs as you’d like.

==================================================================

BACKTEST REPORTS

FX SCALPER XXX cannot be accurately backtested because it relies on multiple pairs


being traded simultaneously.. MetaTrader4 Doesn’t allow us to backtest multiple pairs at
the same time!
BEST TRADING CONDITIONS FOR NON USA RESIDENTS

EUROTRADER ZERO ACCOUNT:

http://t.eurotrader.com/?t=erHcTa

Eurotrader has very low spreads with $5.5/Lot commissions. These trading conditions
are very hard to beat.. Therefore they are the recommended broker for non USA
residents.

=============================================================

BEST TRADING CONDITIONS FOR USA RESIDENTS

LQDFX ECN ACCOUNT:

​https://www.lqdfx.com/

HANKOTRADE ECN/ECN PRO ACCOUNT:

https://hankotrade.​com

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