The Steady Scalper Robot is one of the longest-running EAs in the Forex market, and it has demonstrated a notable level of stability and resilience over time. Its ability to operate for such an extended period without significant account drawdowns speaks to its robust design and adaptability.
Multiple Strategies and Customizability
One of the key features of the Steady Scalper Robot is its use of multiple trading strategies. This EA is highly customizable, allowing traders to tailor its settings to match their individual trading preferences and the current market conditions. The developer regularly shares updated sets, ensuring the EA remains effective and responsive to market changes.
Conservative
The Conservative presets are designed for conservative trading, avoiding the use of grid and martingale methods. These sets focus on scalping during quiet market times, typically outside of news events. Each trade is protected by a Stop Loss, which helps manage risk effectively. The strategies employed in these sets are based on thorough analysis and real account performance, making them suitable for traders who prefer a cautious approach.
Aggressive
The Aggressive presets cater to traders who prefer a more aggressive trading style. These sets incorporate grid and martingale methods, which replace the traditional Stop Loss with averaging positions. This approach can be more risky, but it also allows for potentially higher returns. Despite the aggressive nature, over 95% of initial trades using these sets close successfully without the need for averaging positions. This high success rate contributes to the stability of the aggressive presets, albeit with a moderate level of risk.
Recommendations
- Minimum account balance change depends on the sets you are using. More info is included with the sets.
- It works well on all the pairs that have Presets.
- Timeframe doesn’t matter; it works the same on all timeframes. The necessary data is automatically taken from multiple timeframes. (Backtest on M1 TimeFrame.)
