The Lot Scalper Forex robot is an automated trading software with a unique algorithm that repeatedly takes up profitable positions using small price changes in the market.
It’s a scalper Forex robot.
The Lot Scalper EA adopts a strict trading technique that enforces clear entry, exit and stop loss parameters.
It also simplifies its trade management processes by efficiently and quickly marking out profits.
Instead of putting up your trades for days or weeks, the expert advisor performs the task of trading on your behalf on smaller time frames.
The smaller M1 and M5 times frames are known for fast price movements, offering more trade opportunities during the trading day.
The Lot Scalper expert advisor for MT4 made $19615.41 profit on the EUR/USD pair 1-minute chart from an initial deposit of $500.
Feel free to tryout the expert advisor on any low spread currency pair for best results.
Default EA settings:
Take Profit_L: 5, take profit_s: 5, lot: 0.01, orders: 1, max. open time: 504.
The default input settings can be modified directly by editing the source code or changing the Forex robot’s input values and parameters.
It’s highly advised to test the Lot Scalper expert advisor on a demo account first before using it on a live trading account.
Download This MT4 Forex Robot Free
Download the “LotScalp.mq4” Metatrader 4 Robot
Strategy Tester Performance Report
Find below the strategy tester performance report for the Lot Scalper EA attached to the EUR/USD 1-minute trading chart.
Strategy Tester Performance Highlights
The expert advisor made a total profit of $19615.41 ($500 initial deposit) from 88 trades during the initial testing period.
The largest winning trade generated $5212.38 in profit, while the largest losing trade lost -$1723.24.
See the test results report above for all details.
Download This Expert Advisor Now
Download the “LotScalp.mq4” MT4 Expert Advisor
Adjustable Parameters
Take Profit_L, take profit_s, lot, orders, max. open time.
More Info About This Expert Advisor
Recommended Currency pairs: Low spread currency pairs
Trading Platform: MT4
Time frames: M1 & M5
Expert Advisor Type: Scalping
Installation
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.
