HMT Forex Trading Scalper Robot EA
HMT-Scalper is a robot (a computer program, also known as “Expert Advisor” or “EA” for short) for the trading platform Meta-Trader 4. It’s originally based on an early version of the commercial robot “Billion Dollar Pips” but has been extensively enhanced and improved. Today, all the code has been rewritten from scratch, and only a part of the core of the strategy is the same.
As per the Developer: HMT, this expert advisor, even being 4 years ago works, it is a machine to make money, works in 1 Min and in 15 Min with a very sensitive broker, with very low spread and minim propagation, you can improve to adapt it to the latest version 4 of Build 1260, I have seen great results in the GBPJPY and GBPUSD pairs
Usage: How to Use
Attach this robot on EURUSD and ANY timeframe. It will run on other currency pairs also but will trade more often on EURUSD. It can be attached to any timeframe since it forces all calculations to be done on a tic-basis and the indicators use an M1-timeframe. If you attach it to any other currency pair, then be sure that this currency pair has a low spread.
This robot performs very well on back-tests, it performs not as good on demo accounts, and in order to perform on live accounts it’s important to use a broker that (1) accepts scalping without limits, (2) offers a narrowed “Spread” and “Stop Level”, (3) does not send requotes and slippage too often. In most cases, the robot will perform badly on live accounts, because of the above “problems”. Also, it’s important to have the MetaTrader4 platform running on a computer or server as close as possible to the broker server in order to have as fast the execution of orders as possible (latency).
NOTE:
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DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat in the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this, we recommend that you test the EA on your own broker account using many variations of currencies, time frames, and settings to make sure you experience favorable results in current market conditions before trading live accounts. - Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.