Forex Alchemist Premium indicator for free download

Price Action Scalper is an automated High Frequency EA that is Free to Download. This EA works based on HFT (high-frequency trading) algorithm. This Robot is specially designed to work extremely fast and do high-frequency trading.

It is designed to work on TimeFrame M1 or M5, and both are equally successful. It works best in highly volatile markets, so it’s best on GBPUSD, GBPJPY, and USDJPY. The default settings of this EA are optimized for these pairs and TimeFrames. It is enough to just drag/drop on the chart, and everything is set and forget This EA has a very small DD and makes a profit quite quickly.

I run Price Action Scalper for a Real account with 1 month, result very safe (around 15 % DD) with more than 60 percent since deposit.

I start it for just 110$ with 1:500 Leverage for a test on a real account.
Scalper! Need big Leverage or Margin, If you have a low margin like me its recommended for increase leverage 1:400 or more.
ignore 71% drawdown, that because of my manual trade ruin it.
the real drawdown around 15% with my personal risky setting fix 0.1lot per 110$

  • Allow compound interest or Fix lots by user
  • Spreads protection, EA Uses pending orders without any market orders
  • No grid. No martingale
  • A small Stoploss for every trade
  • Combines with RSI and Bollinger Bands indicators
  • Special Price Action, Special Artificial Intelligence (AI)
  • Unlimited License
  • 7 currency pair
  • Allow compound interest or Fix lots by user

The Price Action Scalping EA is based on Special Price Action. Combines with some indicators and AI to Trade

Work very active on GBPUSD with M1 or M5 with the default setting.

It does not use dangerous trading methods like martingale, grid, etc. So, if there is no liquidity in the market, there is no trade. Sometimes it executes 12-16 trades in a week and sometimes 2-6 trades. So From this, it is clear that it needs massive liquidity in the market. Forex price action Scalper MT4 also can go days without taking any trades and doesn’t open more than one trade at a time.

It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. The maximum drawdown percentage is low for this EA, which allows using this adviser on a small deposit.

Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how this Price Action Scalper Robot works, then only use it in a real account.

Recommendations for Price Action Scalper

  • Minimum account balance of 100$. (It could even work with 25$)
  • Work best on GBPUSD, EURUSD, GBPJPY, USDCHF, EURCHF, AUDJPY, and USDJPY. (Work on any pair)
  • Work best on M1 and M5 TimeFrames. (Work on any time frame)
  • it’s susceptible to slippage, spread, and slow execution.
  • This Price Action Scalper should work on VPS without any interruption with low latency to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
  • Low Spread, Slippage, and quick execution account is also Highly Recommended (Find the Perfect Broker For You Here)
  • Price Action Scalper-[Cost $3000]- For FREE
  • Price Action Scalper-[Cost $3000]- For FREE
  • Price Action Scalper-[Cost $3000]- For FREE
Price Action Scalper-[Cost $3000]- For FREE
Price Action Scalper-[Cost $3000]- For FREE
Volume
  • Fixed Lots Size = 0.0: If this field > 0 that means do not allow compound interest bellow
  • Lots Size Per $1000 = 0.3
  • Greater than 0.3 If the leverage > 1:100, anything else please use this equation ;- Lots = Margin * Leverage / Contract
  • Ex: GBPusd, Lots = 1000GBP * 30 / 100000 = 0.3 lots (should be < 0.3 – the balance is 1000GBP, Leverage=1:30)
  • -Minimal Lots Size = 0.01
  • -Maximal Lots Size = 60
Protection
  • Maximal spread to entry (PiP) = 1.3 pips
Confirmation
  • Bollinger Bands period (Fixed) = 23 (Fixed)
  • RSI period (Fixed) = 18 (Fixed)
  • Stoploss (PiP) = 3.0 (in pips)
More
  • Magic number = 68000
  • Comment = Price Action Scalping v1.68

Forex Alchemist Premium indicator for free download

Download Link Updated 2023/01/05

Forex Alchemist Premium indicator for free download