SCALP-M PRO 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.

Christina K

Verified Purchase

INSTANT DOWNLOAD!

Price: $9.00

Expert: Scalp-M PRO 2.0_fix.ex4 (Unlocked), Presets: EURUSD Scalp-M PRO.set, GBPUSD Scalp-M PRO.set, NO MANUAL

Note: Does work in back test, if not working in back test change inputs start hour end hour and spread

 


Trading Hours and Spread in Inputs:

  • Trading Hours:

    • Set the Trading Hours input to focus on the hours that are most active for GBPUSD and EURUSD pairs, typically during the London and New York sessions.

    • You can configure this input to allow the EA to trade only during these hours to avoid less liquid market conditions.

  • Spread:

    • Ensure that you set up the spread filters correctly. You want to avoid trading during times when the spread is wider than usual, which can lead to slippage and poor trade execution.

    • The EA can be adjusted to alert you or filter out trades if the spread is above a certain threshold.

Working on GBPUSD and EURUSD Only:

Since the seller recommends using GBPUSD and EURUSD, here’s how to adjust the settings for these pairs:

  • Pair Selection: In the pair list input, manually select GBPUSD and EURUSD to ensure that the scanner only monitors these pairs.

  • Timeframes:

    • The seller recommends using the M1 time frame. This means you’ll be trading on very short timeframes, focusing on quick market movements. In this case, it’s crucial to ensure that the dashboard is set to scan 1-minute candles effectively.

    • You can adjust the CandleID setting to “0” if you want the scanner to monitor the current open candle for immediate alerts on price action changes.

Steps for Adjusting the Dashboard for GBPUSD and EURUSD (M1 timeframe):

  1. Trading Hours:

    • Go to the Inputs section and configure the Trading Hours filter for active market hours (for GBPUSD and EURUSD, focus on 8 AM to 5 PM GMT to capture London and New York session activity).

  2. Spread Filter:

    • Set the spread filter to a narrow range (for example, 2-3 pips for both GBPUSD and EURUSD) to ensure trades are only taken under optimal market conditions.

  3. Pair List:

    • In the pair list input, manually select GBPUSD and EURUSD to limit the dashboard to these pairs only.

  4. Timeframe (M1):

    • Make sure to configure the CandleID to “0” for current open candles to receive real-time alerts based on the M1 timeframe.

    • Ensure that the dashboard is scanning M1 to monitor the 1-minute price action for quick setups.

  5. Additional Settings:

    • You can also tweak the Pip Distance, MACD_Filter, and Stoch_Filter for more refined entries. However, since the system is designed for M1 scalping, you may want to keep those filters relatively simple to avoid over-complicating the setup.

Why M1 Timeframe?

The M1 (1-minute) timeframe is ideal for scalping strategies. On this timeframe, the system can detect short-term price movements very quickly, giving you more opportunities to enter trades.

By using the BBMA system’s signals on the M1 timeframe with these pairs, you can capitalize on small but frequent price movements.

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