Luxor Scalping Robot MT4 is an automated Scalping Robot that trades using a few indicators. Even though it is called a scalping EA, it’s more of a grid EA since it mainly uses the grid method.

This EA can get a bit risky sometimes since it utilizes the grid method. Because of this method, this EA has a very high ROI(Return of investment) with a chance to drain the deposit. According to the developers, this automated trading system can perform miracles. How Much Profit you can make monthly depends on your lotan class="fc-gloss-tip" data-slug="lot-size" tabindex="0">lot size and risk value.

After a Long time of using this strategy, Blowing your account is a possibility. However, with the periodic withdrawal of investments, the theory of probability works in our favor. After the initial investment is withdrawn, the dangerous Grid method immediately becomes break-even and highly profitable.

Please test in a demo account first for at least a week. Also, please Make yourself familiar with and understand how this Luxor EA works, then only use it in a real account.

With this Luxor Robot, the strategy is to profit fast and then withdraw fast. Of course, this is a grail, and with such a risk, the adviser can someday drain the deposit. But the main rule is to withdraw the deposit after doubling the deposit. Or you can run it safe(relatively) with a significant deposit.

Recommendations for this Scalping Robot MT4

  • Minimum Account Balance of 50$ for the risky method or 100$ cent account for the safe method.
    • Risky Method – You can use a 50$ account the withdraw the deposit after doubling the deposit method. This method is risky since it can double 50$ Accounts in a week or less with a chance of blowing the account too. (But it can be mostly avoided if you can turn off the EA and close all trades on volatile markets or News) .
    • Safe Method – You can also use a 100$ cent account or an equivalent standard account for the secure Method.
  • Work Best on EURUSD, GBPUSD, AUDUSD (Work on any currency pair)
  • Work Best on M5 and M15 TimeFrame. (Work on any TimeFrame)
  • You may need to look for volatile markets (News) and close trades.
  • For best performance, We Recommend running Luxor Scalping EA 24/5. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
  • Low Spread ECN account is also recommended (Find the Perfect Broker)
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