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Expert: Signal2forex.com_Fox_scalper_anypair.ex4 (Unlocked), Indicators: ATR.ex4, Custom Moving Averages.ex4, TEMA.ex4, URL’s: Forex robots installation tutorial video.url, 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:

1. 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.

2. 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.

3. 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.

4. 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.