Forex ea FMM Ultimate Pro Scalper EA MT4 with setfiles
FMM Ultimate Pro Scalper EA is an Expert Advisor (EA) on the MetaTrader 4 (MT4) platform, utilizing a short-term trading method (scalping) combined with high-frequency trading. It analyzes the chart at each new candlestick to identify complex candlestick patterns and make trading decisions. It is suitable for retail traders as it can start with a minimum account balance of $100 and also ideal for experienced traders seeking tools to overcome the challenges of prop firms.
Features of FMM Ultimate Pro Scalper EA
Scalping Method: Combining short-term trading (scalping) with high-frequency trading, this EA can execute more than 20 trades per day, ensuring no potential entry points are missed.
Candlestick Analysis: Analyzes the chart at each new candlestick to find and identify suitable candlestick patterns, optimizing entry points and minimizing risks.
Flexible Stop Loss: Allows setting custom stop loss distances or trading without a stop loss, increasing flexibility in risk management.
Hedging Support: Offers both hedging (opening multiple positions simultaneously) and non-hedging (closing all positions before opening new ones) modes, helping to spread risk and protect capital in volatile markets.
Optional Martingale: Supports the martingale strategy, allowing increased position sizes after each loss in the same direction as the initial trade. Caution is advised with this mode due to its high-risk nature.
Automatic Adjustment of Target Profit and Position Size: Ensures the EA adapts to changing market conditions.
User-Friendly Interface: Unlike other EAs, FMM Ultimate Pro Scalper EA provides an intuitive and easy-to-use interface, making it accessible even for novice traders to manage their accounts effortlessly.
Recommendations for Using FMM Ultimate Pro Scalper EA
Trading Platform: MetaTrader 4 (MT4).
Time Frame: Any time frame.
Currency Pairs: Any currency pair.
Minimum Deposit: $100.
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