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Metatrader Expert Advisors based on FOREX Scalping Strategy

Ask yourself: “What is “forex scalping strategy”?” Many traders criticize it, others are greatly interested in it, and only minority of traders is indifferent to this subject. Why is this theme so attractive? Probably, it is because of that forex scalping trading is one of few ways of quick enrichment.
Indeed, using forex scalper you could earn up to 1000% and more from the initial deposit during one month and even one week.
There are a lot of such examples in trade history of competitive accounts winners and traders’ ratings, published by many brokers. Scalping forex is a large number of transactions during a short time interval$ it is an aggressive trade, it is an enormous percent of profit. Moreover, for many traders forex scalping trading is the most acceptable and available way of existence on the market. The reasons are insignificant amount of funds for one side and temperament for another side. Not every trader can do nothing and wait for something for a long time: it is more exhausting than any riskiest trade.
Many successful traders cherish their forex scalpers as the apple of their eyes and think that having good forex scalping strategy is a key factor of success. Experienced trader can develop his own forex scalping strategy for personal use, basing on his own experience and taking into account specificity of his character. There are different types of forex scalping strategies: for aggressive trade, less aggressive trade, secure trade, etc. Each trader assigns the level of risk personally. The main thing is to enjoy the trade itself. Then there are the best results. Forex scalping trading includes trading techniques and money management methods. If you does not have your own strategy, use the ready ones, and it will be effective, too!

Forex SCALPING SYSTEM

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Algorithm

Scalper operates on the basis of finding the optimal channel on timeframe M15 and definition of orders from the found channel"s confidence intervals. Unlike most scalpers, TakeProfit and StopLoss are not fixed and depend on channel"s width and angle of slope. We also developed special library scalper.dll, which finds the optimal channel. It performs complex iterative calculations of channel with the least and decreasing mean-square deviation in channel. This channel defines the most probable corridor of price movement. We also revealed the most acceptable trade hours for each pair on the basis of the researches of dependence of volatility market on time. Several closely correlated currencies pairs were chosen to work with, and the Expert Advisor was adapted to work on these pairs. It allows to lower drawdown and thereby gives an opportunity to use integrated system Money management very efficiently, with higher %.

Developers: This Expert Advisor is the teamwork result of BJF Trading Group and SLP Trading companies. It took our mathematicians and programmers over a year to develop the product. The idea of creation of scalper on optimal channel was born long time ago
however we have experience some technical difficulties before we find the way to develop this product. We needed decisions allowing to optimize complex iterative calculations ; In order to fulfill the given task we organized department of programmers and the best mathematicians, who developed computer-aided design system for European companies.