Description
The Alpha Scalping Bot is a cutting-edge automated forex trading system built for high-frequency trading on short-term price fluctuations. Designed for the MetaTrader 5 (MT5) platform, it focuses on scalping strategies by executing fast trades with small profit targets. With customizable lot sizes, multiple take profit options, and distance-based order execution, this bot is perfect for traders seeking precise and efficient trading in volatile market conditions.
Review and Backtest
Key FeaturesÂ
🔹 Strategy: Engages in high-frequency scalping, targeting short-term price movements.
🔹 Trade Execution: Automatically places BUY and SELL orders with fixed lot sizes.
🔹 Risk Management: Allows traders to adjust lot sizes and execute trades based on price distance.
🔹 Customization: Fully configurable Take Profit (TP) levels, visual settings, and button options.
🔹 Trading Mode: Can operate in either BUY or SELL mode.
🔹 Magic Number: Assigns a unique identifier to differentiate its trades from others.
Settings and RecommendationsÂ
Trading Platform: MetaTrader 5 (MT5)
Timeframe: H1
Minimum/Recommended Deposit: $500
Minimum/Recommended Leverage: Any
Supported Currency Pairs: XAUUSD (Gold), EURUSD, GBPUSD, USDJPY
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