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Product Published or Updated on November 8, 2023

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Description

Price Action Scalping MQ4

THIS PRODUCT IS ONLY THE SOURCE CODE .MQ4

Unlock the potential of Forex trading with the Price Action Scalping Expert Advisor, an innovative .MQ4 source code designed for MetaTrader 4. This cutting-edge EA integrates specialized price action strategies, indicators such as RSI and Bollinger Bands, and Artificial Intelligence (AI) algorithms to identify and capitalize on market entry opportunities. Whether you prefer fixed lots or compound interest, this EA caters to your trading style while ensuring risk management and steady growth.

Forex EA Features:

  • Compound Interest or Fixed Lots: Empower your trading by choosing between compound interest or fixed lots according to your preferences.
  • Spreads Protection: Utilizing stop orders instead of market orders for enhanced protection against varying spreads.
  • No Grid or Martingale: The EA avoids grid or martingale strategies, ensuring a secure trading approach.
  • Optimized Stop Loss: Each trade is safeguarded by a conservative stop loss, minimizing potential losses.
  • Indicator Combination: Integrates RSI and Bollinger Bands along with Special Price Action and AI for comprehensive market analysis.

Robot Settings:

  • Volume: Customizable lot size settings including Fixed Lots, Lots per $1000, minimal and maximal lot sizes for flexible trading.
  • Spreads Protection: Control the maximum spread to entry in pips, safeguarding against volatile market conditions.
  • Confirmation: Fixed periods for Bollinger Bands, RSI, and MA, along with a predefined Stop Loss in pips.
  • More: Unique identifiers such as Magic Number and Comment for effective trade tracking and management.

Robot Recommendations:

  • Broker and Pairs: Recommended brokers include Tickmill, Darwinex, and similar ECN accounts with low spreads. Optimal trading pairs include GbpUsd, EurUsd, GbpJpy, and more.
  • Timeframe: Best suited for M1 timeframe to capture short-term market movements.

Strategy Tester: Ensure Strategy Tester settings align with the recommended “Maximal spread to entry (PiP)” to reflect real-market conditions accurately.

Description:

The Price Action Scalping Expert Advisor (.MQ4) for MetaTrader 4 is a state-of-the-art trading tool that combines the power of price action strategies, key technical indicators, and advanced AI algorithms. This source code empowers traders by offering customizable settings, allowing users to select their preferred lot sizes and risk management parameters.

Designed to mitigate risks, the EA employs stop orders instead of market orders for spreads protection, ensuring trades are entered efficiently even in fluctuating market conditions. It steers clear of risky strategies like grid or martingale, focusing on small stop losses for each trade.

With its incorporation of RSI, Bollinger Bands, and AI, the EA comprehensively analyzes market movements, ensuring a well-rounded approach to trading. It’s recommended for use on specific pairs and timeframes, catering to traders seeking short-term opportunities.

For optimal results, it’s advised to use this EA with recommended brokers on M1 timeframe, implementing Strategy Tester settings that accurately reflect real-market conditions.

Get ready to unlock the potential of Forex trading with the Price Action Scalping Expert Advisor, your key to efficient, secure, and technologically advanced trading strategies.

Brand

Source Code MQL4

Refund

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2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.

3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.

4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.

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Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

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1 review for Price Action Scalping MQ4

  1. admin (store manager)

    Great Source Code, recommended

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