SCALPER PRO DERIV EA V1.0

SCALPER PRO DERIV EA V1.0

Introduction

The SCALPER PRO DERIV EA V1.0 is a forex trading EA that aims to maximize profits by leveraging Price Action and a mathematical model that decomposes the market into waves. It can be used on any symbol, with any leverage, and initial capital. Let’s dive into the specifics:

1. Strategy Overview:
   • Primary Timeframe: M1 (1 minute)
   • Analysis Approach: Price Action combined with wave decomposition
   • Symbol Compatibility: Works on any symbol
   • Leverage and Capital: Suitable for any account size
2. Risk Management:
   • Strict control over risk and drawdown is crucial.
   • Consider funded accounts or prop firms’ criteria for optimization.

Strategy Type

The SCALPER PRO DERIV EA V1.0 follows a scalping strategy. It aims to capture quick price movements by entering and exiting trades rapidly. It operates on a simple yet effective logic, with a maximum grid level of 3. When a trade goes into drawdown, the subsequent trade is doubled, mitigating potential losses.

Recommended Settings

• Deposit: Start with a minimum of $100, but we recommend $500 for better results.
• Timeframe: Use either M1 or M5.
• Currency Pairs: Avoid XAUUSD; consider other pairs for optimal performance.

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