CAP Asian Scalper EA

Overview of CAP Asian Scalper EA

• Designed specifically for the EURGBP currency pair.
• Targets lower trading ranges observed during the Asian sessions.
• Utilizes a sophisticated algorithm for detecting consolidation zones.

Core Features

• 5-Pip Take Profit Strategy: Aims for quick gains by setting a conservative take profit at just 5 pips, ideal for a scalping approach.
• Trend Screener Indicator: Integrates a trend screener to accurately identify potential consolidation zones, enhancing trade accuracy.
• Dual Stoploss Methods:
  • Protection Stoploss at 30 pips to safeguard capital against volatility spikes.
  • Smart Stoploss Exit that adapts to changing market conditions for better risk management.

Trading Strategy

• Optimized for trading exclusively during the Asian session, capitalizing on unique market dynamics.
• Recommended to trade on Monday to Thursday, focusing on M5 timeframe for enhanced performance.
• Designed for small retail traders with a minimum account requirement of $100.

Broker Requirements

• Best used with ECN, Raw, or Razor accounts that offer very low spreads.
• Recommended brokers include IC Markets and Pepperstone for optimal results.
• Utilizing a VPS is highly suggested for running the EA 24/7.

Trading Configuration

• Default settings ideally configured for most brokers using GMT+2 with Daylight Saving Time.
• Adjustments needed for brokers with different server time settings.

Conclusion

• Deeply rooted in the scalping methodology, CAP Asian Scalper EA provides a strategic advantage for traders navigating the Asian markets. 🚀💹
• Its systematic approach and built-in risk management tools position it as a strong contender in the landscape of automated trading solutions.