Apex Scalper is a MetaTrader 4 Expert Advisor designed for forex scalping. Its core strategy involves identifying and reacting to market dynamic supply and demand zones. Here’s a breakdown of its functionality and key characteristics.
The Apex Scalper EA trading logic is predicated on price action around identified supply and demand areas. It avoids reliance on high-impact news events, opting instead to focus on these technical levels. The system doesn’t employ common, potentially riskier methods like martingale, grid trading, arbitrage, or hedging. A pre-defined stop loss for every trade.
Apex Scalper EA incorporates several exit mechanisms, including break-even loss prevention, a smart trailing stop, and multiple target profit exits spaced at defined pip intervals.
Safety & Risk Mitigation of Apex Scalper EA
The Apex Scalper EA incorporates several features intended to manage risk. These include:
- Avoidance of Risky Strategies – The EA design excludes strategies known to amplify risk, such as martingale, grid trading, and hedging.
- Volatility Protection – Withdrawal of orders during periods of high 1-minute volatility.
- Spread Protection – Withdrawal and re-entry based on live spread levels.
- Controlled Trading Attempts – Limits the number of trades attempted per day.
- Trade Monitoring – A “Broken Trade Check” feature aims to prevent trades from remaining unprotected.
- Mandatory Stop Loss – To limit potential losses, every trade is executed with a pre-defined stop loss.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this Apex Scalper EA works before using it in a real account.
Recommendations for MetaTrader 4 Expert Advisor
- Minimum account balance of 100$.
- Works best on GBPUSD and EURUSD. (Work on any Pair)
- It works best on H1. (Work on any TimeFrame)
- Apex Scalper EA should work on a VPS continuously to reach stable results. So we recommend running this MetaTrader 4 Expert Advisor on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread, Slippage, and quick execution account is recommended. (Find the Perfect Broker For You Here)
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Conclusion
Apex Scalper EA presents a specific approach to forex scalping, emphasizing technical analysis based on supply and demand and incorporating robust risk management features. MetaTrader 4 Expert Advisor effectiveness will largely depend on market conditions that align with its design, namely, low volatility and narrow spreads, and diligent backtesting and ongoing monitoring by the user are essential for informed trading decisions.
What’s the minimum recommended deposit?
I heard it’s good on XAUUSD as well?
Tested it, it’s not good. 🙂
why i can’t backtest this ea?
can anybody explain my problem?
The Apex Scalper is really slow for a scalper as it looks for volatility on the H1 chart extremes (turning points?). These extremes may not be reached for long periods of time.
It uses a large SL and tight TP that is usually overridden by a tight stop loss that won’t leave any breathing room for the trades. The results? Long periods of breakeven and a few profit highs if you are lucky. The good results from the test may be explained thanks to fractal interpolation of the MT4 backtester (in older versions) and over-fitting.
I have not found a good EA on this site at all
Download link is broken. :/
Anyway, I found it elsewhere. It seems to be a good bot. No martingale so it won’t create exponential drawdown that can blow the account.
it is not an original one , or at least this one issued 2018 works much worse compared to to the earlier version . Mind it !!
The backtest images shown here are nothing like the real backtest (99.9% accurately), the bot just eats the capital or just does the breakeven dance, the drawdown also much bigger than shown here.
If someone have an good ea let me know ,anyway i use the Golden jet without trailing all 5 strategie inside and i can say that is really good.
which strategy use ?