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- Forex Robot Review
- Metatrader 5
- Experts
- Advanced Scalper MT5
Profit:
-8.4$
Traders:
57
(37/20)
Most Profit Trade:
14.32$
Most Loss Trade:
-29.56$
Profit Factor:
0.79
Average Loss:
-8.83$
Overview
The Advanced Scalper MT5 is a robust Forex trading robot that has been in development for several years, and which continues to prove its efficacy in the market, as evidenced by more than four years of live trade results.
Key Features of Advanced Scalper MT5
This professional trading software boasts of advanced exit algorithms, built-in spread-filter, and slippage-control algorithms, all designed to optimize Forex trading outcomes. The software is fully customizable to suit individual trading needs and offers a variety of setup possibilities. However, for those who prefer a ready-to-use solution, recommended settings are also available.
How Advanced Scalper MT5 Works
Advanced Scalper MT5 offers two primary ways of operation. The first is fully automatic trading, using a High/Low breakout system for entry calculations. This mode can be run on any timeframe, but for more secure entry points, H1 or H4 timeframes are recommended.
The second mode is for manual trading strategies, where the trader decides the entry points or combines it with other Expert Advisors (EAs) for setting the entry points. In this case, Advanced Scalper MT5 leverages its sophisticated exit algorithms to follow up those trades.
Key Advantages of Advanced Scalper MT5
Advanced Scalper MT5 comes with a strict stop-loss policy for every trade and an advanced stop-loss management system. It has a spread filter to avoid trading during unfavorable market conditions and a slippage control algorithm to prevent larger losses during heavy slippage. Furthermore, this Forex software is designed to survive high quality backtests with real variable spreads, commission, and random slippage at 99% tick quality.
Performance of Advanced Scalper MT5
With proven live results on “high balance” accounts and with various brokers, Advanced Scalper MT5 has demonstrated its reliability and effectiveness. The software can perform optimally on low spread markets with good liquidity. For optimal results, it is advised to use the software on brokers with low spread, low commission, fast execution, and a stop level of 0, like most ECN Brokers.
FAQs about Advanced Scalper MT5
Q: Can I use Advanced Scalper MT5 on any currency pair?
A: In theory, the EA can be applied to any low spread market that has good liquidity, but EURUSD and USDJPY are particularly recommended.
Q: What is the recommended minimum balance for running full setup?
A: It is recommended to have a minimum balance of $150 for running a full setup.
Q: Where can I find the full description of operation parameters?
A: The full description of operation parameters is available in the manual provided with the software.
Final Thoughts
Advanced Scalper MT5 stands out as a reliable Forex trading software with its impressive track record and innovative features. Independent testing of this product is available on the forexroboteasy.com website, where users can also subscribe to updates on the results of testing this product. We invite readers to share their experiences of using this product. Remember, this is an independent product review and all observations are based on market performance.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
5.07%
AVG Daily:
0$
Deposit:
2200$
WithDrawal:
0$
Current Balance:
2311.51$
Profit:
111.51$
Trading Conditions by Advanced Scalper MT5
Leverage:
100
Account type:
Live
Profitable by Advanced Scalper MT5
Profit:
-0.42%
AVG Daily:
0$
Deposit:
1989.4$
WithDrawal:
0$
Current Balance:
1981$
Profit:
-8.4$
Other products
Advanced Scalper MT5 Review: Proven 4-Year Forex Trading Results
forexroboteasy.com
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Admin Admin
1 review
Expert Review: Advanced Scalper MT5 Forex Trading Software
The software's performance on the EURUSD pair has been somewhat decent. Over the course of four months, it has managed to generate a profit of $300 on a $10,000 account. That's not a spectacular return, but it's not terrible either. However, the software's performance on the USDJPY pairs has been disappointing. It has lost $400 on these pairs, which is a significant setback. It's frustrating to see the software perform well on one pair, only to lose all those gains and more on another. But the software's inconsistent performance isn't the only issue. There are also a number of bugs that have caused me a lot of headaches. One of the most annoying bugs is that the software sometimes gets stuck in trades for no apparent reason. This has happened several times over the six months I've been using it, and it's a serious problem. Unfortunately, the situation has only gotten worse. After six months of use, the software has completely blown the account. This is a major failure, and it's made me question whether the software is worth using at all. Overall, I can't say that I'm impressed with the "Advanced Scalper MT5". While it has had some success with the EURUSD pair, its poor performance on the USDJPY pairs and the numerous bugs have made it a frustrating experience. I've been using forex software for a long time, and I've seen better. The "Advanced Scalper MT5" just doesn't measure up. In conclusion, I can't recommend the "Advanced Scalper MT5". There are better options out there, and I suggest looking elsewhere for your forex software needs.