Developed for the MT4 platform
- Trading strategy: scalping in the price channel
- Does not use averaging, does not use martingale
- Each trade is protected by Stop Loss
- Trading time: first half of the Asian session
- Trading asset: AUDCAD, EURCAD, GBPUSD, GBPCAD, AUDUSD, GBPAUD, EURAUD, AUDCHF, CADCHF, EURCHF
- Timeframe for trading: M15
- Minimum deposit to start trading: $100
- Leverage: from 1:1 and above
- Recommended account type: narrow spread (for scalping). We recommend RAW Spread account ICMarkets broker.
Monkey Scalping EA is a profitable trading robot that works with a minimum trading drawdown. According to user reviews, it shows excellent results on Prop Firm sites and passes FTMO requirements.
The strategy of this Expert Advisor is trading on a rebound from the borders of the price channel, which is formed in the first half of the Asian session.
A few hours of trading is enough for this Expert Advisor to earn a good profit for the user. The EA uses Stop Loss orders, so it will be safe for your trading account.
Also, the Monkey Scalping EA Expert Advisor uses an algorithm for closing deals on a price rollback if quotes go against an open trading position.
All together gives very good trading statistics and excellent user reviews.
and get a lot of interesting things!
Monkey Scalping EA test results
Monkey Scalping EA tests were conducted on the time period 2010-2022 and show excellent statistics on the growth of the trading account. This expert advisor for Forex trading works fully automatically and uses a system for automatically calculating the trading lot depending on the growth of your trading account.