GBP SCALPING M15 EA V2.6 MT4 – Scalp the Market with Precision
The GBP SCALPING M15 EA V2.6 is a high-performance expert advisor designed for efficient short-term trading. It operates with a scalping strategy on the M15 timeframe, targeting quick profit opportunities by leveraging market volatility and smart risk management techniques.
Key Features:
Minimum Deposit
- $100-$500 per currency pair
- Initial Lot Size: 0.01 per $100 of the deposit
Time Frame
- H1, M15 (15-minute) chart
Currency Pairs
- GBP/USD
- GBP/JPY
- GBP/AUD
- GBP/CAD
Strategy Overview
- Entry and Exit Algorithms: The EA uses built-in algorithms to determine optimal entry and exit points.
- Scalping Technique: Focuses on capturing small price movements within the M15 timeframe.
- Floating-Step Averaging Grid: Utilizes a grid strategy to manage drawdowns and close trades profitably.
- Risk Management:
- Max Margin Risk: Limits the risk based on collateral volume.
- Max Equity Drawdown: Sets a maximum allowable drawdown on available funds.
- Trade Direction: Configurable to trade in specific directions based on market conditions.
- Bollinger Bands: Uses Bollinger Bands parameters to identify trading opportunities.
- Take Profit and Stop Loss:
- Takeprofit First Trade: Sets a take profit level for the initial trade.
- Auto Takeprofit Grid: Dynamically adjusts take profit levels for the grid.
- Auto Close: Closes trades at a minimum profit or after a specified number of candles.
How the EA Takes Trades
- Trade Initiation:
- The EA scans the M15 chart for entry signals based on its algorithms.
- Uses Bollinger Bands and other indicators to confirm trade setups.
- Order Execution:
- Places trades with an initial lot size of 0.02 per $1000 of the deposit.
- Adjusts lot sizes dynamically based on the risk percentage and market conditions.
- Grid Strategy:
- Opens additional trades at predefined intervals (floating-step averaging grid) to manage drawdowns.
- Uses a multiplication factor to adjust the grid step and lot sizes.
- Profit Management:
- Sets take profit levels for individual trades and the entire grid.
- Closes trades automatically when the profit target or maximum number of orders is reached.
- Risk Control:
- Monitors margin and equity drawdown to prevent excessive losses.
- Pauses trading if the drawdown exceeds 50% of available funds.
Summary
The “GBP SCALPING M15 EA V2.6 MT4” is a robust scalping EA designed for the M15 timeframe, focusing on GBP currency pairs. It requires a minimum deposit of $1000 per pair and employs advanced entry and exit algorithms, a floating-step averaging grid, and strict risk management to ensure profitable trading.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.![📈](https://s.w.org/images/core/emoji/15.0.3/svg/1f4c8.svg)
![🍀](https://s.w.org/images/core/emoji/15.0.3/svg/1f340.svg)
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Additional Resources:
Instant Download: https://www.forexfactory.cc/product/gbp-scalping-m15-ea-v2-6/
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https://www.yoforex.org/product/gbp-scalping-m15-ea-v2-6/
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