RoyalPrince Scalper EA is an automated MT5 Scalper EA Free to Download. The adviser is designed to use a scalping strategy used to identify the best short-term trade opportunities in volatile currency markets. This EA was developed and sent to us by Rp4000.
This EA impresses with its profit even on tiny deposits and has a low maximum drawdown when trading. It does not use dangerous trading methods like martingale, grid, etc., and all transactions are always protected by Stop Loss and Take Profit. It can trade with a fixed lot or use an auto lot, automatically increasing the transaction’s size. It doesn’t open more than 2 to 5 trades a week and can go days without trading. Also, This EA doesn’t open more than one trade in the market at a time.
RoyalPrince Scalper EA was backtested with many months of data and successfully passed multiple stress testing every month with an excellent profit/drawdown ratio. The maximum drawdown percentage is relatively low for this EA, which allows using this adviser on a small deposit.
This is not very fast profiting EA in the default setting it only makes around 4-8% monthly but is very consistent and with alow drawdown.
Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how this RoyalPrince Scalper Robot works, then only use it in a real account.
Recommendations for RoyalPrince MT5 Scalper EA
- Minimum account balance of 100$.
- Default settings in the EA are for EURUSD currency pair and H1 Timeframe.
- It works on any pair and timeframes.
- For best performance, this MT5 Scalper Robot should be online 24 hours and should run on a good latency VPS. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread account is also Highly Recommended (Find the Perfect Broker For You Here)