Forex Euro Night Scalper Robot review:
ExtremeProfit Expert Advisor uses unique trading algorithm, no martingale, NOT tick scalper.
- Currency pairs: EURUSD, GBPUSD
- Timeframe: M15
- Stop Loss maximum: 55 pip
- Take Profit: 4 pip
- Trading periods: 20- 2 (pre-asian, asian session)
- Minimal deposit: 100 USD for the accounts with the minimal lot of 0.01
- Risks: customizable, from 1 to 100
- Works properly on Micro, Standard, and ECN account too.
- According to a claim modifiable:
- Trading hours from 0-24
- Take Profit, Stop Loss level
- Trailing Stop
- Risk level
- Lot sizes
- Maximum number of trades
- Trade on Friday
- Trade on Sunday
Recommended Account Types:
The spread must be as narrow as possible, this is the reason why you should ideally use ECN accounts. They have the lowest spread and the best trade terms but, possibly, the highest original deposit.
- Enable_Expert = enable/disable the Expert Advisor.
- magic = magic number.
- distance = distance in points (10 points = 1 pip).
- take = target profit in points.
- stop = loss protection in points.
- Breakeven = distance in points to move the stop to the trade entry point.
- Trailing = points trailing stop.
- Enable_MM = enable/disable the lot based on the account (money management).
- Risk = lot calculation based on the account balance.
- lot_fixed = fix the lot (inactive when MM is true).
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)