Trend Scalper EA is a Forex EA, especially on the GBPJPYcurrency pair. As its name suggests, it employs a scalping strategy. This article delves into the functionalities, trading strategies, and benefits of the Trend Scalper EA, shedding light on why it might be a valuable addition to a trader’s arsenal.

To manage risk effectively, the Trend Scalper EA restricts the number of concurrent open trades to a maximum of four. This limit ensures that the trading activity remains within a manageable risk threshold, preventing excessive exposure during volatile market conditions.

Every trade executed by the Trend Scalper EA is safeguarded by a Stop Loss and a Take Profit order. These orders are crucial for risk management:

• Take Profit (TP): The EA sets a maximum TP of 30 pips, allowing traders to lock in profits once a price target is reached.
• Stop Loss (SL): Conversely, the maximum SL is set at 210 pips, providing a safety net to minimize losses if the market moves unfavorably.

Trend Scalper EA is programmed to avoid high-risk strategies such as Martingale and grid systems, which can exponentially increase risk. However, it occasionally employs hedging—holding simultaneous buy and sell positions in the same currency pair—to mitigate risk and protect against large market swings.

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

Recommendation for Trend Scalper EA

• Minimum account balance of 100$ for 0.01 lot.
• It is specially designed to work on GBPJPY. (Work on any pair)
• It works best on M5 TimeFrames. (Work on any time frame)
• This Trend Scalper EA should work on VPS continuously to reach stable results. So we recommend running this MT5 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
• The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)

Latency: 0.46 ms 2 Weeks Free Trial 100% Free for 24 Months

Start Trial label Licensed Window Server 2022

	Low Spreads Leverage up to 1:500* No Commission	Free TradingView Premium* Register label FREE VPS for Traders*
	Min Deposit of 50$ Allow USA Traders Levergae up to 1:2000	Register label

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Conclusion

The Trend Scalper EA combines risk management tools, a strategic limit on open trades, and a commitment to avoiding high-risk trading tactics; this EA offers a promising solution for traders looking to enhance their trading performance through scalping.