Sykes Scalping Machine is a fully automated Forex Expert Advisor (EA) developed for the Metatrader 4 trading platform. Inspired by nononsenseforex, this EA utilizes high probability entry and exit positions using Kijun-sen Breakouts. It is designed for the AUD/JPY pair on a M5 timeframe and follows a principle of position maintaining similar to the Martingale system, using averaging. However, unlike other EAs, Sykes Scalping Machine focuses on accurate entry into the market and pays attention to position control.
Key Features
1. Strategy: Sykes Scalping Machine EA tests the hypothesis of price fluctuations and processes the market using Kijun-sen breakouts and the confluence of mathematical price calculations.
2. Performance: This Forex Robot has demonstrated excellent performance specifically for the AUD/JPY pair on a M5 timeframe.
3. Trading Conditions: The recommended account size for using Sykes Scalping Machine EA is $5000.
4. Lot Size: The default lot size is set at 0.01, but users have the flexibility to adjust it according to their risk tolerance.
How it Works
Sykes Scalping Machine EA uses a combination of well-known high probability entry and exit positions based on Kijun-sen Breakouts. The system analyzes previous trends and processes the market using mathematical price calculations to determine optimal trading opportunities. The EA pays close attention to position control, increasing lot size after each position to capitalize on expected price movements in the desired direction.
Independent Testing and Updates
For independent testing of Sykes Scalping Machine EA, users can visit forexroboteasy.com. This website provides comprehensive testing results and updates on the performance of this product. Users are encouraged to subscribe to receive the latest information and stay informed about the EAโs performance.
Conclusion
Sykes Scalping Machine EA is a smart and fully automated Forex Expert Advisor designed for the Metatrader 4 platform. It employs a strategy based on Kijun-sen Breakouts and mathematical price calculations to identify high probability trading opportunities. With its focus on accurate entry and position control, this EA offers potential for profitable trading on the AUD/JPY pair. However, as with any automated trading system, it is recommended to thoroughly test and evaluate its performance before committing real funds.
FAQ
1. Can beginners use Sykes Scalping Machine EA?
Yes, beginners can use Sykes Scalping Machine EA. However, it is important to have a basic understanding of Forex trading and the associated risks. It is recommended to start with a demo account and thoroughly test the EAโs performance before transitioning to live trading.
2. Can I adjust the lot size in Sykes Scalping Machine EA?
Yes, you can adjust the lot size according to your risk tolerance and trading preferences. The default lot size is set at 0.01, but you have the flexibility to modify it within the EAโs settings.
3. Is there customer support available for Sykes Scalping Machine EA?
Yes, customer support is available for Sykes Scalping Machine EA. You can reach out to the developer or vendor for any technical assistance or inquiries related to the product.
4. Can I share my experience of using Sykes Scalping Machine EA?
Yes, you are encouraged to share your experience of using Sykes Scalping Machine EA. Your feedback and insights can provide valuable information to other traders considering this product. Feel free to share your thoughts, results, and any tips or suggestions for optimal usage.
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