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Content: Expert: Forex Scalp EA.mq4 (Unlocked-Source Code), UserGuide: ForexScalpEAManual.
Monitoring:Β https://www.myfxbook.com/members/ForexScalpEA/forexscalpeacom/2498853
π§ Forex Scalp EA β Key Features
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Platform: MetaTrader 4 (MT4)
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Strategy: Scalping (not dependent on indicators)
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Trade Style: Quick entries and exits to capture small price movements
βοΈ Core Functionalities
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No Indicators Required: Relies on real-time price data instead of traditional technical indicators.
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Smart Entry & Exit: Scans all price data to find the best entry and exit points automatically.
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Dynamic Order Management:
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Uses a fixed stop loss and take profit
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Includes dynamic closure logic to minimize losses early
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Optimizes profit capture during favorable market conditions
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πΈ Risk & Money Management
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Automatic Lot Sizing based on risk settings (supports compound growth)
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Option for Fixed Lot Size
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No Hedging required
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FIFO Compliant (suitable for U.S. brokers)
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Leverage Requirement: Works with leverage > 1:20
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No Minimum Deposit: Can start with any account size
π Best Performing Pairs
While it can trade all Forex pairs, the best performance is observed with:
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EUR/USD
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GBP/USD
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USD/CHF
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EUR/GBP
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EUR/AUD
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AUD/CAD
Uses the same scalping strategy across all pairs.
β Conclusion
Forex Scalp EA is ideal for traders looking for a set-it-and-forget-it scalping solution that doesn’t rely on indicators. It is compatible with regulated brokers, supports low leverage environments, and prioritizes trade efficiency and capital preservation.

