Wall Street Scalper MT5

Overview of Wall Street Scalper MT5

The Wall Street Scalper MT5 is a cutting-edge scalping robot designed for trading on the popular US Wall Street 30 index (US30). This Expert Advisor (EA) leverages artificial intelligence to execute trades with precision and efficiency, ensuring each trade is protected by a Stop Loss and Take Profit level. The strategy has been rigorously tested on both real and demo accounts, showcasing its reliability and effectiveness.

Key Features

• Trading Instrument: US30 index
• Timeframe: M15
• Minimum Deposit: Any
• Account Type: Raw accounts for the lowest spreads
• Stop Loss and Take Profit: Each trade is protected
• Automatic Lot Bidding: Built-in function for optimal lot size
• Easy Installation: Default settings are optimized for most brokers
• VPS Recommended: Ensures 24/7 operation

Setup and Configuration

To get started with the Wall Street Scalper MT5, you need to add the EA to the US30 index chart with an M15 timeframe. It is crucial to use a broker with low spread differentials to achieve the best results. Before deploying the EA on a live account, it is recommended to test it on a demo account for 12 weeks to ensure compatibility with your broker.

Risk Management

The Wall Street Scalper MT5 does not employ risky strategies such as grid, martingale, or topping up. Instead, it focuses on safe trading practices, ensuring that each trade is protected by a Stop Loss and Take Profit level. This approach minimizes risk and maximizes profitability.

Robot Parameters

• Show News Panel: Displays the news panel
• Use News Filter: Filters trades based on news events
• Trade Direction: Choose the direction of trade
• Lot Type: Fixed or Auto lot calculation
• Fixed Lot: Constant lot size
• Profit/Risk Ratio: Determines automatic lot size
• Take Profit: Set profit level
• Stop Loss: Set stop loss level
• Max Orders: Maximum number of orders at one time
• Max Spread Protection: Set normal spread value
• Day Settings: Time and date filter parameters
• Panel Settings: Customize the panel

Performance and Testing

The Wall Street Scalper MT5 has undergone extensive testing on real and demo accounts, proving its capability to deliver consistent results. However, it is important to note that past performance is not indicative of future results. Always conduct thorough research and consider seeking professional advice before making any trading decisions.

Recommendations

For optimal performance, it is recommended to use a VPS to keep the EA running 24/7. Additionally, using a broker with low spreads is crucial for achieving the best results. The Wall Street Scalper MT5 is suitable for traders looking to leverage AI technology for scalping on the US30 index, providing a reliable and efficient trading solution.

Conclusion

The Wall Street Scalper MT5 is a robust and advanced trading robot designed for scalping on the US30 index. With its AI-driven strategy, comprehensive risk management, and user-friendly setup, it offers traders a powerful tool to navigate the dynamic forex market. 🌟💹