Apex Scalper is a MetaTrader 4 Expert Advisor designed for forex scalping. Its core strategy involves identifying and reacting to market dynamic supply and demand zones. Here’s a breakdown of its functionality and key characteristics.
The Apex Scalper EA trading logic is predicated on price action around identified supply and demand areas. It avoids reliance on high-impact news events, opting instead to focus on these technical levels. The system doesn’t employ common, potentially riskier methods like martingale, grid trading, arbitrage, or hedging. A pre-defined stop loss for every trade.
Apex Scalper EA incorporates several exit mechanisms, including break-even loss prevention, a smart trailing stop, and multiple target profit exits spaced at defined pip intervals.
Safety & Risk Mitigation of Apex Scalper EA
The Apex Scalper EA incorporates several features intended to manage risk. These include:
- Avoidance of Risky Strategies – The EA design excludes strategies known to amplify risk, such as martingale, grid trading, and hedging.
- Volatility Protection – Withdrawal of orders during periods of high 1-minute volatility.
- Spread Protection – Withdrawal and re-entry based on live spread levels.
- Controlled Trading Attempts – Limits the number of trades attempted per day.
- Trade Monitoring – A “Broken Trade Check” feature aims to prevent trades from remaining unprotected.
- Mandatory Stop Loss – To limit potential losses, every trade is executed with a pre-defined stop loss.
Recommendations
- Minimum account balance of 100$.
- Works best on GBPUSD and EURUSD. (Work on any Pair)
- It works best on H1. (Work on any TimeFrame)
