Fantastic Scalper EA is a fully automated MT4 Bot that works based on a strategy of breaking through price levels. This article delves into the core functionalities, strategies, and benefits of using this Bot, offering insights into how it can potentially transform trading outcomes.

At the heart of Fantastic Scalper EA lies a strategy that doesn’t use traditional indicators in favor of a direct analysis of price chart movements. This strategy is predicated on identifying and exploiting price level breakouts. It employs an advanced input filter that analyzes the movement of the price chart to pinpoint entry points. This method ensures that each trade is grounded in the real-time dynamics of the market, aiming for precision and efficiency.

One of the standout features of this MT4 Bot is its commitment to minimizing risk. EA opens only one trade at a time and is always protected by a tight stop loss to mitigate risk further. This approach protects the trader’s deposit and instills confidence in the strategy’s ability to safeguard against market volatility. Furthermore, profit-taking is executed through a dynamic, stepwise algorithm designed to maximize gains by adapting to changing market conditions.

Fantastic Scalper EA is also designed with a clear stance against using high-risk trading strategies. It does not engage in martingale, hedging, hft, or employ a grid of orders. This disciplined approach to risk management ensures that the trading strategy is sustainable over the long term, even allowing for trading with a low deposit, starting from as little as $100.

Designed with user-friendliness in mind, this MT4 Bot features simple input parameters that are easy to understand and adjust, even for those with minimal trading experience. Experimentation with settings is encouraged, allowing users to tailor the system to their specific needs and potentially enhance their trading outcomes.

Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Fantastic Scalper Robot works, then only use it in a real account.

Recommendations for Fantastic Scalper EA

• Minimum account balance of 100$.
• EA is made to work on EURUSD. (Work on any currency pair)
• It works only on H1.
• This Fantastic Scalper EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
• Low Spread, Slippage, and quick execution account is also recommended (Find the Perfect Broker For You Here)

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Input Parameters

• Comment – comment on orders.
• AutoLots – auto lot mode. Automatic calculation and setting of the lot size.
• Risk – maximum risk per trade for calculation of the auto lot size. Recommended values are 2 to 5.
• Lots – fixed lot mode. A suitable value of 0.01 for a deposit of $ 100.
• Magic – identifier of expert orders.
• Slippage – slippage, pip. Suitable values are from 0 to 3.
• StopLoss – Stop Loss value in pips.
• Max_Spread – the maximum allowable spread for opening a position or point.
• Max_Lot – maximum allowed lot size.
• EURUSD_suffix – for a currency pair  EURUSD with a suffix.
• Time Trade – trading time settings.
• OpenHour – trading start time, hour.
• OpenMinute – trading start time, minute.
• CloseHour – trading end time, hour.
• CloseMinute – trading end time, minute.

• Read More Pip Scalper EA MT4 FREE Download

Conclusion of this MT4 Bot

This MT4 Bot represents a promising solution for traders navigating the forex market with an automated system prioritizing risk management, simplicity, and adaptability. Its focus on price level breakthroughs, devoid of conventional indicators, offers a fresh perspective on trading. Coupled with its stringent risk control measures and user-friendly interface, the Fantastic Scalper EA is poised to be a valuable asset for traders at all levels of experience, especially those starting with a low deposit, even as modest as $100.