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Forex trading has become increasingly popular in recent years, with more and more traders seeking innovative tools to optimize their trading strategies. One such tool is the PAM Scalper PRO FX, a software designed to analyze historical price data and identify high liquidity zones for trading. This review delves into the features and functionalities of this Forex software and how it can be utilized for trade optimization.
Understanding PAM Scalper PRO FX
The PAM Scalper PRO FX, also known as Price Action Momentum Scalper, is a unique tool in the Forex Market. It works by analyzing historical price action and volume data to identify supply and demand zones where liquidity is high. It then enters trades with the momentum of institutional money flow, extrapolating areas to either buy or sell from the historical data.
Key Features of PAM Scalper PRO FX
The software comes packed with several features designed to enhance trading strategies. One of its main features is its reliance on historical price action and volume data, rather than indicators, to find high probability entry areas. This means it does not use risky trading methods such as martingale, hedging, arbitrage, or dollar-cost averaging.
Another notable feature is its advanced exit algorithm and adaptive stop loss control based on market volatility. Every position is protected with a stop loss, reducing the risk exposure to catastrophic events during flash crashes. Furthermore, the software has been stress-tested for over ten years and has proven to be profitable in every market condition.
How to Use PAM Scalper PRO FX
Using the PAM Scalper PRO FX is quite straightforward. Once installed and the set files are loaded, the software can run on a stable VPS with fast execution speed, without any need for intervention. It’s worth noting that the software works best with a true ECN broker with close to zero spread on EURUSD during London and NY sessions.
FAQs
What is the minimum account balance required to use PAM Scalper PRO FX?
The software can be used on small accounts with as little as 200 USD balance.
How long does the PAM Scalper PRO FX hold positions?
Most positions are closed within minutes, reducing risk exposure to catastrophic events during flash crashes.
Does the software use indicators?
No, the software uses only historical price action and volume data to find high probability entry areas.
Independent testing of PAM Scalper PRO FX can be viewed on the forexroboteasy.com website, where users can also subscribe to updates on the results of testing this product. We encourage readers who have used this product to share their experiences to help others make more informed decisions.
Please note that this is an independent product review and does not represent any endorsement or promotion of the product. The review is based on available information and is intended to provide an objective analysis of the product’s features and functionalities.
forexroboteasy.com
1 review
The software is highly malleable, allowing me to tweak and adjust settings to suit my trading style and strategies. This is a feature I greatly appreciate as I believe no one understands my trading needs better than myself. The ability to optimize and resist overfitting is crucial in forex trading and this software offers just that. The new version also comes with added features which I find useful. However, I must say that the transition from a highly adaptable Expert Advisor to a less flexible one was a bit of a letdown. I believe the strength of a good trading software lies in its ability to be tailored to the user's needs and preferences. Despite this, I still find the PAM Scalper PRO FX to be a reliable tool in my trading arsenal. It has its shortcomings, but the benefits far outweigh them. The software is user-friendly and the results it delivers are commendable. I would rate it five stars for its performance and utility. On the other hand, version 2.9 did not meet my expectations. I found it to be less effective and less adaptable, earning it zero stars from me. In my opinion, the developers need to work on improving this version to match the efficiency and adaptability of its predecessors. In conclusion, the PAM Scalper PRO FX is a worthwhile investment for any serious forex trader. It's not perfect, but it's one of the best trading software I've used so far. I'm looking forward to seeing what future versions have to offer.
1 review
The PAM Scalper PRO FX has proven to be an indispensable tool in my trading arsenal. It's not just another EA; it's a reliable partner that has consistently delivered profitable trades. The software is designed with an intuitive interface that even a novice trader would find easy to navigate. What sets this EA apart from others in the market is its robust algorithm that can accurately predict market trends and execute trades at the most opportune moments. It's like having a seasoned trader by your side, guiding you through the volatile forex market. The software's performance has been nothing short of impressive. It has consistently churned out profitable trades, making it one of the few EAs on mql5.com that can genuinely claim to be profitable. If I could, I would give this software a hundred stars. But since that's not possible, I'll settle for expressing my satisfaction and recommending the PAM Scalper PRO FX to anyone looking to make a mark in forex trading. In conclusion, the PAM Scalper PRO FX is more than just a tool; it's a game-changer. It has transformed my trading experience, and I am confident it can do the same for you. Give it a try, and you'll understand why I hold it in such high regard.