ENS FX Scalper MT4

What is ENS FX Scalper MT4?

• ENS FX Scalper MT4 is a fully automated trading robot designed for the Forex market.
• This scalping expert advisor operates without using risky methods like martingale or gridding.
• The bot employs Limit Orders for trading entries and exits, providing better execution and minimizing slippage.

Key Features

• Utilizes both real and virtual StopLoss levels.
• Employs custom indicators for precise market entry and exit, reducing drawdown waiting time.
• Traders can use it on various currency pairs including popular ones like EURUSD and GBPUSD.
• Single chart installation allows for easy configuration across multiple currency pairs.
• The robot is designed for continuous operation, running 24/7 on a VPS (Virtual Private Server).

Installation Guidelines

• Recommended to use with ECN brokers such as ICMarkets and FXOpen.
• Minimum deposit requirement is $100, although $300-$500 is suggested for better lot adjustments.
• Load the robot on a single chart, preferably EURUSD or GBPUSD, and it will manage trades for all selected pairs.

Input Parameters

• Settings_Symbol_List: Adjust trading symbols by inputting them as a comma-separated list.
• Portfolio_Magic_Number: Unique identifier for the expert advisor's trades.
• Risk_Percent: Manage lot sizes based on account risk tolerance.
• Trading Direction Mode: Options to enable either buy only or sell only strategies.

User Feedback

• The average rating for ENS FX Scalper MT4 stands at 2.8, with several users mentioning good historical performance prior to 2022.
• Users have noted changes in market conditions post-2022, making trading more challenging due to increased spreads and more competition among expert advisors.
• A frequent suggestion from reviewers includes the development of a grid recovery solution for better drawdown management.

Conclusion with Humor

• Think of ENS FX Scalper MT4 as the 'no-drama' friend in your trading portfolio—no risky business, just straightforward scalping! 🎉
• If only it could handle those pesky drawdowns like a pro, right? Well, it’s still worth a shot! 😎