FOX SCALPER EA
$9.00
It works like a magic!
As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.
INSTANT DOWNLOAD!
Your price: $9.00
Content: Expert: Signal2forex.com_Fox_scalper_anypair.ex4 (Unlocked-Unlimited), Indicators: ATR.ex4, Custom Moving Averages.ex4, TEMA.ex4, URL’s: Signal2forex.com Help.url, Signal2forex.com Main page.url, NO MANUAL.
System Details:
-
Platform: MetaTrader 4
-
Indicators Required: Provided in a zip archive
-
Timeframe: M5 (5-minute)
-
Recommended Currency Pairs: EURUSD, GBPUSD (any pair can be used)
-
Account Restrictions: None
-
Type of Trading: Medium-term automated trading
-
Optimization Period: 2015-2017
-
Neural Network: Light
-
Number of Signals Used in Trading: 5
-
Money Management: Yes
-
Works with Other EAs: Yes
-
Broker Account: Any
-
Maximum Spread Allowed: 2 (20 for 5-digit brokers)
-
Take Profit / Stop Loss: Max. 178 (SL) / 277 (TP)
-
Trade Duration: Average 4 hours to 4 days
-
Lot Size: 0.01 to 100
-
VPS or Laptop: Required to be online 24/5
Indicators Used:
-
SMA (Simple Moving Average):
The SMA is calculated by averaging the closing price of a security over a set period of time. It smooths out price fluctuations to give a clearer trend direction. -
EMA (Exponential Moving Average):
The EMA reacts faster to recent price changes than the SMA, giving more weight to recent data. It’s more sensitive to price fluctuations and helps identify trends quicker. -
WMA (Weighted Moving Average):
The WMA gives more weight to recent prices, providing a more accurate reflection of the current trend compared to the SMA and EMA. -
TEMA (Triple Exponential Moving Average):
This indicator combines the results of three exponential moving averages to smooth out price data even further, reducing noise and highlighting trends more clearly.
How the Fox Scalper Works:
The Fox Scalper EA uses moving averages to identify the market’s trend and trigger trades. It includes a built-in risk management system, making it easier to manage your trades and protect your capital. The strategy is designed for medium-term trading, and it is fully automated to minimize manual intervention.
