Sultan Scalping EA MT4

Sultan Scalping EA MT4

Overview

• The Sultan Scalping EA MT4 is an Expert Advisor (EA) designed for MetaTrader 4.
• It follows a scalping breakout strategy, aiming to capitalize on short-term price movements.
• The EA trades breakouts from relative highs and lows.

Key Features

• Timeframe: Suitable for both M1 (1-minute) and M5 (5-minute) candlestick charts.
• Currency Pair: Specifically optimized for USDJPY trading.

Strategy

• Entry Execution: The EA utilizes stop orders for rapid execution when breakouts occur.
• Profit Protection: Profits are secured through an adjustable trailing stop mechanism.
• Trading Costs: Given the strategy’s focus on small average profits, it’s essential to trade with a low spread and commission broker.

Minimum Deposit

• The recommended minimum deposit to effectively use the Sultan Scalping EA MT4 is not explicitly stated. However, it’s advisable to start with a reasonable amount that aligns with your risk tolerance and trading goals.