Mehran Scalper EA MT4 is a sophisticated trading tool designed for forex traders seeking consistent profits through a scalping strategy. It operates on the M5 time frame on the MetaTrader 4 platform, focusing on major currency pairs like EUR/USD and GBP/USD. With a minimum deposit of $100 and adjustable lot sizes, it executes numerous small trades to capitalize on minor market movements. This EA ensures low-risk trading without using martingale or hedging strategies.

Mehran Scalper EA M4: Introduction and Strategy Overview

The Mehran Scalper EA MT4 is a sophisticated trading robot designed for the MetaTrader 4 platform. Known for its precision and efficiency, this EA is specifically tailored to execute rapid trades with minimal market exposure, making it an ideal choice for traders seeking to capitalize on short-term market movements. The EA utilizes advanced algorithms to identify optimal entry and exit points, ensuring high accuracy and profitability.

Key Features

• Platform: MetaTrader 4 (M4)
• Minimum Deposit: $100
• Time Frame: M5 (5-Minute Chart)
• Lot Sizes: Variable, starting from 0.01 lots
• Currency Pair: EUR/USD

Strategy Details

The Mehran Scalper EA employs a scalping strategy, characterized by making numerous small trades throughout the trading session. This approach aims to profit from minor price changes, typically within the range of a few pips. The EA’s core strategy includes:

• Market Analysis: Utilizes technical indicators such as Moving Averages, Bollinger Bands, and RSI to analyze market trends and volatility.
• Entry Points: Identifies overbought and oversold conditions to enter trades at optimal points.
• Trade Frequency: Executes multiple trades per day, taking advantage of short-term price fluctuations.
• Risk Management: Implements tight stop-loss and take-profit levels to minimize risk and protect profits.

Trading Strategy

• Type: Scalping
• Trade Execution: Automated, high-frequency
• Indicators Used: Moving Averages, Bollinger Bands, RSI
• Risk Management: Tight stop-loss and take-profit levels

How the Mehran Scalper EA Works

The Mehran Scalper EA operates by continuously monitoring the market and executing trades based on predefined criteria. Here’s a breakdown of its functionality:

1. Market Scanning:

• The EA scans the EUR/USD pair on a 5-minute chart, analyzing price movements and volatility.
• It uses technical indicators to determine potential entry points.

1. Entry Signal Generation:

• When the EA identifies overbought or oversold conditions, it generates a buy or sell signal.
• It places a trade with a small lot size, usually starting from 0.01 lots.

1. Trade Execution:

• Trades are executed automatically with predefined stop-loss and take-profit levels.
• The EA ensures that trades are closed within a few minutes to limit exposure to market volatility.

1. Risk Management:

• Implements a strict risk management strategy to protect against significant losses.
• Uses trailing stops to lock in profits as the trade moves in the desired direction.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

• Experts: Mehran Scalper MT4.ex4

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