Prop Trading Scalper

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Introduction​

Prop Trading Scalper is a Forex trading robot designed for scalping. With claims of high profitability, it's important to approach such products with a healthy dose of skepticism. In this guide, we'll cover the installation and setup of Prop Trading Scalper, share our experience using it, offer tips for improving its performance, and discuss the code that drives it.

**No reviews, no rating formed.** We invite you to leave a review once you've tried the robot.

Installation and Setup​

To maximize the efficiency of the Prop Trading Scalper, follow these steps:

1. Download the Robot: Visit this link to download the robot.
2. Installation:

• Open your MetaTrader 5 platform.
• Navigate to 'File' -> 'Open Data Folder'.
• Open 'MQL5' -> 'Experts' folder.
• Copy the Prop Trading Scalper .ex5 file into this directory.
• Restart MetaTrader 5.

3. Attach the Robot to a Chart:

• Go to the 'Navigator' panel and find Prop Trading Scalper under 'Experts'.
• Drag and drop it onto the desired currency pair chart.

4. Configure Settings:
You'll see a settings window. Adjust parameters like lot size, take profit, and stop loss according to your risk tolerance. Default settings are often overly optimistic.

Experience Using Prop Trading Scalper​

Our experience with Prop Trading Scalper was that it functions as advertised—sort of. While it can generate profits during favorable market conditions, it isn't foolproof. We've seen instances where it struggles in volatile markets. The robot is not a set it and forget it type; you'll need to monitor it closely.

Tips for Improving Performance​

Want to get the most out of Prop Trading Scalper? Here are some tips:

1. Regularly Update Settings: Market conditions change, and so should your robot’s settings.
2. Use on Multiple Pairs: Diversify risk by running the bot on multiple currency pairs.
3. Monitor News Events: Pause the robot during significant news events to avoid erratic market behavior.
4. Backtest: Use historical data to test your settings before going live.

Source Code of Prop Trading Scalper​

We don't know the true source code of the Prop Trading Scalper sold on MQL5, but we can create code based on its description available on the MQL5 website. If you'd like a sample code or have any questions about it, feel free to ask us.

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Download Prop Trading Scalper Forex Robot​

Ready to try Prop Trading Scalper? You can download it here to get started. If you have any questions or need assistance with the setup, EASY Trading Team is here to help. Remember, this example code is based on the description of the Prop Trading Scalper and is not the original robot sold on MQL5.