This MarySue EA is a fully automated Scalping Bot specially optimized to trade on USDJPY pair. The core of this EA is built upon a “Morning scan” strategy in the Japanese market. This article delves deep into what makes the MarySue EA unique and why it’s quickly becoming a trader’s favorite.
MarySue EA is embedded with a distinct approach that it trades in the early morning, known as the “Morning scan” strategy. This strategy is engineered to capitalize on the low volatility of the early morning market in Japan time. This time slot is specifically chosen as it provides a more stable environment, reducing the risk of erratic price spikes and offering more predictable market movements.
This Scalping Bot integrates a blend of technical indicators, including Envelopes, RSI, Bollinger Bands, and MACD, to form a cohesive decision-making framework. Together, they enable the EA to navigate the market’s ebbs and flows, ensuring informed trade decisions.
Forex trading can be fraught with risk, and many EAs employ risky strategies to amplify gains. However, this Scalping Bot stands out as it consciously avoids dangerous trading methods such as martingale, grid, and high-frequency trading (HFT). To further enhance the safety of trading activities:
- Take Profit and Stop Loss: Every transaction made by this EA is shielded by predefined Take Profit and Stop Loss levels. This ensures that profits are locked in, and potential losses are capped.
- Single Trade Mechanism: The MarySue EA is designed to open only one trade at a time, preventing overexposure in the market and reducing risk.
- Trade Frequency: While the EA can execute 1-3 trades a day, it is also cautious enough to go several days without making any trades if the conditions aren’t optimal. On average, traders can expect about 15 trades a month.
Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Scalping Robot works, then only use it in a real account.
Recommendations for Scalping Bot
- Minimum account balance of 100$.
- EA is specially made to work on USDJPY. (Work on any currency pair)
- It works only on M5.
- This Scalping Bot should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)
- Read More Forex Trade Copier MT4/MT5 FREE Download
Conclusion of this MarySue EA
In the dynamic landscape of forex trading, the MarySue EA emerges as a reliable, risk-averse, and specialized tool for those interested in trading the USDJPY pair during the early hours of the Japanese market. With its robust combination of the “Morning scan” strategy and a host of technical indicators, it promises not just profitability, but also peace of mind for traders.