Description
Bitcoin Scalp Pro EA is an automated trading system tailored to the Bitcoin market. As an Expert Advisor, it streamlines forex trading by executing trades based on pre-established parameters, making it an ideal tool for beginners who often face trade timing and risk management challenges.
By concentrating on secure and profitable trading strategies, Bitcoin Scalp Pro EA effectively tackles the inherent volatility of Bitcoin, ensuring a balanced approach to market fluctuations.
Review and Backtest
Choose a reliable historical price feed that offers low spreads, or manually adjust the spread settings. Make sure that your average spreads remain below 1000 points.
If your backtesting outcomes differ from mine, please send me a private message so I can assist you with your backtest setup.
Myfxbook Signal
Key Features
Adaptive Parameter System: Automatically modifies Stop Loss (SL), Take Profit (TP), entry levels, and lot size in response to the current Bitcoin price.
Favorable Risk-Reward Ratio: Consistently maintains a balanced 2:1 risk-to-reward ratio.
Verified Live Trading Results: Demonstrated successful performance under real market conditions.
Automated Lot Size Calculation: Determines the ideal lot size based on risk tolerance and the prevailing market price.
Safe Trading Practices: Implements both stop loss and trailing stop orders on every trade to safeguard capital.
Risk-Averse Strategy: Avoids high-risk methods such as grid trading, martingale, or similar strategies.
Comprehensive Backtesting: Offers detailed backtesting guidelines and supports thorough analysis using historical data.
Settings and Recommendations
- Adaptive Parameters: Automatically adjusts SL, TP, entry points, and lot size according to the current price of Bitcoin.
- Favorable Risk/Reward: Offers an attractive risk/reward ratio of 2:1.
- Proven Performance: Live trading results have been verified.
- Automated Lot Sizing: Calculates lot sizes based on risk and current price automatically.
- Safe Trading Measures: Implements SL and Trailing SL on every trade for enhanced safety.
- Risk-Free Management: Avoids grid trading, martingale, or any other high-risk trade management strategies.
- Minimum Deposit: Only requires a minimum deposit of $200.
Why Choose Bitcoin Scalp Pro?
- Adaptive Parameter System: Dynamically adjusts stop loss, take profit, entry points, and lot size in real time based on the current Bitcoin price, ensuring optimal performance across varying market conditions.
- Proven Performance: Thoroughly validated with extensive backtesting and live trading since June 2022, consistently demonstrating profitability and stability.
- Robust Risk Management: Employs a conservative trading approach by placing both stop loss and trailing stop orders on every trade, effectively minimizing potential losses.
- User-Friendly Design: Offers a straightforward setup and configuration process, with clear parameters and customizable risk settings to suit individual trading styles.
- Reliable and Transparent: Supported by verified live trading results and an open, transparent trading methodology, without resorting to high-risk strategies like grid trading or martingale.
How to Use?
- Open the H1 Chart:
Launch your MetaTrader 4 platform and open a chart with the H1 timeframe. - Run the EA:
Attach the EA to the H1 chart. The system will begin executing trades automatically once the EA is active. - Select Your Preferred Risk:
Adjust the “Lotsize Calculation Method” parameter to set your desired risk level. The predefined settings offer a range from 0.5% risk per trade (very low risk) up to 10% risk per trade (extreme risk). - Start Conservatively:
It’s recommended to begin at a lower risk level to familiarize yourself with the EA’s trading behavior. Increase the risk gradually as you become more comfortable with its performance. - Review Parameters:
All parameters are clearly labeled and easy to understand. If you need further clarification, feel free to reach out for assistance.
Follow these steps for a smooth setup and enjoy a user-friendly trading experience with the EA.
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