The Advanced Swiss Scalper EA has been specially created to perform automated trading with CHF (Swiss Franc) pairs in the MT4 platform. It uses a combination of advanced algorithms and indicators to identify potential trading opportunities in real time and then executes trades automatically without human intervention.
Apart from algorithms and multiple indicators, the robot comes with built-in risk management tools enabling you to control your risks according to the changes in market conditions.
As a scalping EA, the Advanced Swiss Scalper operates in full function when applied within M5 and M15 timeframes. However, it may trigger frequent entries during highly volatile markets because of applying it on shorter timeframes. Using it in an MT4 platform employed by ECN brokers may help you minimize the cost of high-frequency trading.
This guide explains how the Advanced Swiss Scalper EA works, including its key features and MT4 settings.
While applying the Advanced Swiss Scalper EA in MT4, focus on the major CHF pairs such as EUR/CHF, USD/CHF, and GBP/CHF. Besides, you can also use it to trade minor Swiss Franc pairs like CHF/JPY, AUD/CHF, and EUR/CHF, which are usually traded in higher volumes compared to other minor pairs.
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