Evening Scalper EA is designed for traders seeking to capitalize on price deviations during low-volatility evening sessions. Built on a robust strategy that minimizes risks and avoids overly complex techniques, this Algo Trader EA focuses on consistency and precision.
Strategy Overview of Evening Scalper EA
The EA leverages the relatively calm market conditions during evening hours, identifying price deviations that often present short-term trading opportunities. By targeting this specific market behavior, the EA ensures a focused and specialized approach to trading.
Risk Management and Filters
One of the standout aspects of the Evening Scalper Algo Trader EA is its commitment to disciplined risk management. The EA employs the following measures:
- Stop Loss and Take Profit – Every trade is protected by predefined stop loss and take profit levels, ensuring that risks are contained and profits are systematically locked.
- Transaction Filters – The EA integrates filters to avoid potentially unprofitable trades. These filters are designed to enhance the overall reliability of the strategy by excluding setups that do not meet strict criteria.
- Exit Before Stop Loss – An additional filter helps the EA exit positions before the stop loss is reached, further limiting potential losses.
No Risky Techniques
The EA avoids high-risk trading practices such as martingale, grid, or hedging strategies. This makes it suitable for traders prioritizing risk-averse methodologies while maintaining steady performance.
Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Algo Trading EA works, then only use it in a real account.
Recommendations for Algo Trader EA
- Minimum account balance of 100$ (It can even work with 50$).
- Work Best on USDCHF, EURUSD, GBPUSD, EURCHF, andUSDCAD (Work on any currency pair)
- It works best on the M5 time frame. (Work on any time frame)
- This Algo Trader EA should work on VPS continuously to reach stable results. So we recommend running Evening Scalper EA on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread, Slippage, and quick execution account is Recommended, especially during rollover time (Find the Perfect Broker For You Here)
Download a Collection of Indicators, Courses, and EA for FREE
Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://ec.forexprostools.com” and press “OK.” The EA takes news from the specified websites.
- Read More Mean Reversion Trading EA FREE Download
Conclusion of Evening Scalper
Evening Scalper Algo Trader EA is a disciplined and methodical trading tool focusing on low-volatility market conditions. Its reliance on stop-loss and take-profit strategies and its avoidance of high-risk techniques make it suitable for traders seeking a safer approach to automated trading. As the EA evolves, additional filters are expected to enhance its performance further, offering a promising outlook for those looking to trade in calmer market conditions.
Great EA
hi, what preset setting should we use, there is like 6 of them