ENS FX Scalper MT5

Overview of ENS FX Scalper MT5

The ENS FX Scalper MT5 is a fully automated trading robot designed for the Forex market. It stands out for its scalping strategy, which avoids the risky gridding or martingale methods. Instead, it employs limit orders for entry and take profit, ensuring optimal execution with no slippage. This robot uses both real and virtual stop loss levels, making it a robust tool for traders aiming for precision and safety.

Key Features

• Scalping strategy without gridding or martingale methods
• Uses limit orders for entry and take profit
• Employs real and virtual stop loss levels
• Custom indicators for accurate market entry and exit
• Trade modeling based on real tick history from top brokers since 2015
• Supports multiple currency pairs including EURUSD, GBPUSD, USDCHF, USDCAD, USDJPY, EURAUD, GBPAUD, AUDCAD, EURCAD, CHFJPY, AUDNZD
• Single chart installation for easy configuration
• Auto GMT and DST detection
• Advanced visual analysis of trade configuration on one chart

Installation and Setup

• Recommended brokers: ECN brokers like ICMarkets, Weltrade, FXOpen, RannForex
• Minimum deposit: $100 (recommended $300-500 for smooth lot adjustment)
• Load the robot on one chart (EURUSD or GBPUSD) on any period
• The EA should run 24/7, preferably on a VPS
• Default settings are optimal

Input Parameters

• Symbols Setup: Configure the symbol list through a comma-separated list
• Volume Management: Options for fixed lot value and risk percentage based on each pair's stop loss
• Engine Options: Modes for trade hedging, stop loss, and take profit
• Time Options: Auto DST and GMT setup, manual GMT offset, and DST switch mode for backtesting

Advantages

• Scalping strategy ensures quick profits without waiting for significant drawdowns
• Custom indicators enhance market entry and exit accuracy
• Supports a wide range of currency pairs, offering flexibility
• Easy to set up and configure with a single chart installation
• Advanced visual analysis tools for better trade management

Recommendations

• Use ECN brokers for best results
• Maintain a minimum deposit of $100, with $300-500 recommended for smoother lot adjustments
• Run the EA on a VPS to ensure it operates 24/7
• Stick to the default settings for optimal performance

Conclusion

The ENS FX Scalper MT5 is a powerful tool for traders looking to capitalize on quick market movements without the risks associated with gridding or martingale strategies. Its advanced features and ease of use make it a valuable addition to any trader's arsenal. 🌟🚀