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ZScalp is a high-performing Expert Advisor, designed for the Forex market. With the ability to scalp any currency pair, it shows particularly remarkable results when trading Gold (XAUUSD).
How does ZScalp Work?
This trading software stands out by using two distinct entry methods to detect and execute optimal trades. By combining a Trailing Stop-loss system with a bespoke exit strategy, ZScalp aims to maximise profits while minimising drawdown.
Development and Usage of ZScalp
ZScalp has been under development for several months and has undergone extensive personal usage before being made available to the public. To guarantee maximum user-friendliness, a Demo Signal account is in testing and a full paid Live Signal service is planned for future release.
Users are advised to backtest the system thoroughly and run it on a demo account before transitioning to a live account. The systemโs trailing settings can be customised to fit individual Profit/Drawdown Ratios.
Key Features of ZScalp
Optimised for a 1M Timeframe, ZScalp comes with default settings for Gold but can be adapted to any pair. It offers a fixed lot to allow personal risk management and ensures safety through a fixed Stop-loss option. The system also provides sound and mobile alerts for added convenience.
ZScalp refrains from utilising Grid or Martingale strategies. For optimal performance, it is recommended to use an ECN or RAW broker with low spreads and a Virtual Private Server (VPS).
Potential Risks and Rewards
While ZScalp strives to provide high-yield Forex trading, itโs important to remember that past results do not guarantee future profits. Like all automated trading systems, it carries a certain level of risk, which can be mitigated by using smaller lot sizes proportional to the account balance. A suggested lot size would be 0.01 per $1000 USD. Higher balance accounts are generally considered safer to use.
Frequently Asked Questions
Can I test the ZScalp system before using it on a live account?
Yes, it is highly recommended to backtest the system and use it on a demo account before going live.
What if I encounter issues while using ZScalp?
In case of any queries or problems, users can reach out to the support team for assistance.
Where can I watch independent testing of this product?
Users can view independent testing of the ZScalp system on the forexroboteasy.com website.
If youโve used ZScalp, we encourage you to share your experience. Your feedback not only helps us but also assists others in making informed decisions.
Please note, this is an independent product review and does not endorse the product. Users should conduct their research and assess their risk tolerance before using ZScalp for currency trading.
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