The forex trading landscape has seen a significant transformation with the introduction of automated trading systems, and one such system that has caught the attention of many is the Oyen Gold Scalping EA. This Forex Trading Software has been tested on JPY pairs with deposits as low as 65 USD, and the results have been nothing short of impressive.
Features of Oyen Gold Scalping EA
Oyen Gold Scalping EA is built on a custom SDEA Indicator, provided for free with the software. The indicator gauges the direction and momentum of the trend, signaling the EA to open entries. The software incorporates a hidden hard stop for when reversals are confirmed, in addition to the usual stop loss (SL) provided in the advisor.
The distinct approach of this High Profit Forex Trading software is its focus on finding trend with a single entry using a scalping method. This is complemented by a trailing step feature, designed to secure profits once they are achieved by the advisor. This system does not rely on risky strategies such as martingale, hedging, or grid. It also offers the ability to filter out news time and select trading days, ensuring efficient operation.
Optimized for Gold and JPY Pairs
The Oyen Gold Scalping EA has shown exceptional results when used with Gold and JPY pairs. While it can be used on other Forex pairs, the software truly shines when used with Gold and JPY pairs due to its specific analysis focused on these particular trading pairs. The ability to operate efficiently with these pairs makes Oyen Gold Scalping EA a highly desirable option for those dealing in these currencies.
Low Deposit and High Profit Potential
One of the standout features of the Oyen Gold Scalping EA is its capacity to start trading with a deposit as low as 65 USD. It is, however, recommended to start with a deposit of 300 USD for optimal results. The software has proven to achieve significant growth in profits even with such low initial deposits, making it a Low Deposit Forex option worth considering.
Efficient Operation Parameters
The Oyen Gold Scalping EA comes with a comprehensive set of operation parameters, providing users with a high level of control over its function. These include the ability to disable take profits and stop loss parameters if you prefer to use trailing, buffer trailing, start trailing, trailing step, and auto lot. The software also allows users to set the maximum number of open trades and define the operating hours and trading day.
Independent Testing
For those interested in verifying the efficacy of the Oyen Gold Scalping EA, independent testing of this product is available on the forexroboteasy.com website. Subscriptions to updates on the results of testing this product are also available.
FAQs
What is the Risk Level of Oyen Gold Scalping EA?
The default risk level is set to mid. However, users can customize this according to their risk tolerance.
Is the SDEA Indicator included with the Oyen Gold Scalping EA?
Yes, the custom SDEA Indicator is provided for free with the software.
Which Broker is recommended for Oyen Gold Scalping EA?
It is recommended to use an ECN/ Low Spread Broker with a low spread account for optimal performance, as the EA uses a Scalping strategy.
We invite all users of Oyen Gold Scalping EA to share their experiences and insights about this product. Your feedback will be valuable in helping others make informed decisions about this Forex Trading Software.
Please note that this is an independent product review, and the product is not associated with the author or the publication. The review is written in a neutral tone and the author does not have any vested interest in the product.
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