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Content: Expert: Price Action Scalping.ex4 v1.68 (Unlocked-Unlimited), NO MANUAL.
Price Action Scalping Expert Advisor Overview
I’ve been actively running this scalper on GBPUSD using the M1 and M5 timeframes with default settings for one month on a real account. The results have been very solid and safe, showing about 15% drawdown with over 60% profit growth since deposit.
I purchased this robot from mastereas.com for $1,500 just a month ago. To test it on my real FBS account, I started with only $110 and 1:500 leverage.
Important Notes
This is a scalper and requires high leverage or margin to perform well.
If your account has low margin like mine, it’s recommended to increase leverage to 1:400 or higher.
Please ignore the 71% drawdown shown in some reports — that was due to my own manual trades affecting the results.
The real drawdown is around 15% using my personal, conservative settings (0.1 lot per $110 balance).
How It Works
The Price Action Scalping EA uses special price action techniques combined with RSI, Bollinger Bands, and AI (Artificial Intelligence) to identify high-probability trade entries.
Key Features
Option for compound interest or fixed lot sizing set by the user
Spread protection through pending (stop) orders—no market orders used
No grid or martingale strategies involved
Small stop loss for every trade (3 pips)
Combines RSI (period 18) and Bollinger Bands (period 23) indicators
Powered by special price action signals and AI algorithms
Unlimited license for use on multiple accounts
Supports 7 currency pairs
Recommended for use on M1 timeframe
Recommended Brokers and Pairs
Brokers: Tickmill, FBS, Exness, Alpari, or any ECN account with low spreads
Currency Pairs: GBPUSD (GU), EURUSD (EU), GBPJPY (GJ), USDCHF (UCHF), EURCHF (ECHF), AUDJPY (AJ), USDJPY (UJ)
Timeframe: M1
Suggested Settings
Fixed Lot Size: 0.0 (allows compound interest if zero; set fixed lot size if greater than zero)
Lot Size Per $1000: 0.3 (adjust based on your leverage; increase if leverage > 1:100)
Minimum Lot Size: 0.01
Maximum Lot Size: 60
Max Spread to Entry: 1.3 pips
Bollinger Bands Period: 23 (fixed)
RSI Period: 18 (fixed)
Stop Loss: 3 pips
Magic Number: 68000
Comment Tag: Price Action Scalping v1.68
