The Simple Scalping Strategy consists of two trading robots designed for short-term trading with precise entry and exit points. The first EA is optimized for AUD/USD on the M15 timeframe, while the second EA is designed for GBP/USD on the M5 timeframe. Both robots use a Moving Average Crossover strategy to identify short-term trends and execute trades accordingly. This strategy is particularly suitable for active traders and scalpers who prefer frequent, short-duration trades and aim to capitalize on small market movements. It requires fast execution and low spreads, making it ideal for trading on ECN accounts with minimal slippage. Here are the key input parameters of the strategy:
Lot Size: Starts with 0.1 lot, with a maximum position size of 1 lot.
Stop Loss:50 pips (500 points).
Take Profit:15 pips (150 points).
Break-Even: Not applied (set to 0).
Martingale Multiplier:Not used (set to 0).
Indicators Used:
Moving Average Crossover:
Fast Moving Average:50-period
Slow Moving Average:200-period
Entry Hour Restriction (Trades are executed only at specific hours based on external parameters).
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.Disclaimer: This Simple Scalping Strategyis for educational purposes and is free to download. Get the Forex Trading EAs and test them on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.
