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EA SCBO is fully automated, very efficient and easy to use forex scalping Expert Advisor. This great forex robot keeps track of price movements and catches big and fast movements.
EA SCBO is fully automated, very efficient and easy to use forex scalping Expert Advisor. This great forex robot keeps track of price movements and catches big and fast movements.
The minimum deposit is $200.
Forex scalping is a trading strategy used by forex traders to buy or sell and hold it for a short period of time in an attempt to make a profit. Scalping systems make a large number of trades and earn a small profit each time. Because the objective of a forex scalper is to make a small amount from many trades, the scalper holds onto these trades for a matter of seconds.
Forex scalping system strategies can be manual or automated. Automated trading have a few advantages over manual trading. It takes human psychology out of trading and robot can faster react for a sudden price movements.
Forex scalping can be most lucrative around periods of high volatility and significant market moves.
EA SCBO is typical scalper. It is catching stronger forex market movements to open trades for a short time. When the market is moving faster than usually, than EA is placing pending order and wait some short time for order activation.
If the pending order has been activated and the price is definitely going into the started direction, the robot places next pending orders to earn as much as possible from this price movement. If price will stop or turn back, than EA will delete all pending orders and will close all activated orders.
EA SCBO protects the earned profit by using trailing stop, so this is possible with strong price movments without corrections to achieve impressive profits.
EA is easy to run. When you start robot, you have only a few params to set:
There are only to set max spread, market volatility range to start placing orders, trade size and trading times.
EA shows on chart panel with the most important data as current and max spread and current and minimum volatility to place orders. If current value is valid, than it is green, if it is not suitable than it is displaying in red color.
You can run EA on any pair with any timeframe. The lower spread the more trades and the better results. Timeframe doesn't matter.
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