Currency Pairs: EURUSD, GBPUSD and USDJPY
Timeframes: H4
Minimum Deposit: $100
Recommended Account Type: ECN
Leverage: From 1:1500
Recommend broker: Roboforex
Recommend Vps: GoVPSFX
Apex Scalper v2.2 is an automated trading Expert Advisor (EA) for the MetaTrader 4 (MT4) platform, designed for trading currency pairs such as EURUSD, GBPUSD and USDJPY. It uses a scalping strategy aimed at quickly opening and closing positions to make a small profit in a short period of time.
Key Features
1. Scalping Strategy:
– Uses a unique algorithm to identify supply and demand zones in the market.
– Opens positions based on price movement in these zones, avoiding news releases.
– Works on the H1 timeframe with low spreads.
2. Risk Management:
– All trades are protected by stop loss.
– No high-risk methods such as martingale, grid, hedging or arbitrage.
– Includes loss prevention features: move to breakeven, smart trailing stop, partial position closure.
– Volatility protection: trades are cancelled when the maximum volatility on the 1-minute timeframe is exceeded (to prevent high spread/slippage).
– Transaction problem protection: checks trades to ensure they are not left unprotected (e.g. when the connection is lost).
3. Flexibility and customization:
– Lot management: Fixed Lots or Dynamic Lots based on risk.
– Customizable parameters: maximum spread, volatility, number of orders, initial balance.
– Ability to set trading time frames (e.g. start and end of the trading day).
– Custom tag for comments on orders.
4. Compatibility:
– Works on MT4 (brokers with 5-digit quotes are recommended).
– Supports an unlimited number of demo and real accounts.
– It is recommended to use a VPS with minimal latency for stable operation.
Advantages
– Efficiency: Multi-level profit taking with customizable targets.
– Security: Minimizes risks with built-in security features.
– Flexibility: Suitable for different trading styles with customizable parameters.
– Proven performance: Long-term tests confirm reliability.
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