What is GerFX Density Scalper EA?
GerFX Density Scalper EA is a mean reversion system during the quiet hours of the day, work on Meta Trader 4 platform. Expert Advisor is similar to QuantFlow Scalper but optimized in a few ways to reduce slippage. It change the entry logic was reduced to make the calculation faster and the exit is done via take profit orders, which can even lead to positive slippage on exiting a trade. Expert Advisor does not use martingale or grid and has a stop loss for every position.
Vendor website: https://www.mql5.com/en/market/product/51338
Original price: $2000
ForexEAsMall price: $25 (you save 99%)
Key Takeaways:
- GerFX Density Scalper EA is a mean reversion system designed for quiet trading hours, optimized to reduce slippage and uses take profit orders for exits.
- The Expert Advisor operates on Meta Trader 4 platform and is recommended for use with VPS, trading on currency pairs like EURUSD, GBPUSD, and USDCHF at M5 time frame.
- It does not employ martingale or grid strategies, and includes a stop loss for every position to manage risk.
- Risk Management: Integrates stop loss for every trade to safeguard against sudden market movements.
- Optimized Trading Times: Focuses on the most stable periods, typically night hours, to capitalize on less volatile market conditions.
- Broker-Friendly: Requires good brokerage conditions such as low spreads and low slippage, which are crucial for night scalping strategies.
- Simplified Entry Logic: Speeds up calculations and reduces the delay in order execution.
- Automatic Stop Loss: Enhances trade security by ensuring that each position has a predefined loss limit.
- Take Profit Orders: These may result in positive slippage, contributing to better-than-expected trade closures.
- No Complex Strategies: Does not employ risky strategies like martingale or grid, making it suitable for beginners.
- Customization: Offers various parameters for optimizing entry conditions and tailoring the EA to individual trading preferences.
GerFX Density Scalper EA Setting / Feature
- Used on platform: Meta Trader 4
- Currency pairs: EURUSD, GBPUSD, EURCHF, USDCHF, USDCAD, EURCAD, EURAUD, AUDUSD, AUDNZD, AUDCAD, CHFJPY.
- Time frame: M5.
- EA does not use martingale or grid and has a stop loss for every position.
GerFX Density Scalper EA Review
Expert Advisor on Pepperstone-Edge14 profit 13%
Maximum drawdown: 14.9%
Max deposit load: 88.7%
Trading activity: 3.6%
Loss Trades: 30.3%
Profit Trades: 69.7%
Algo trading: 100%
Signal EA Pepperstone: Click to view
Signal EA link other: Click to view
How to install and run the GerFX Density Scalper EA Trading Bot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the GerFX Density Scalper V3.8.ex4 file here
- Then close and restart the MT4 platform
- Attach the Expert Advisor to the chart
Now, you are ready to start using the GerFX Density Scalper EA V3.8 MT4 Without DLL!
Please allow web requests to the following URLs for the calendar news filter and automatic GMT offset calculation:
Ctrl + O => Expert Advisors => Add the link to the Allow WebRequest for listed URL box
http:// fxdata.cc (delete spaces)
http:// backup.fxdata.cc (delete spaces)
http:// breaking.fxdata.cc (delete spaces) (only needed if you use the breaking news filter)
GerFX Density Scalper EA Download
Link download GerFX Density Scalper EA V3.8 MT4 Without DLL Build 1420+ will be sent to your email after purchase.
Updated June 13, 2024: GerFX Density Scalper EA V3.8 MT4 Without DLL Build 1420+
+ Expert :
- GerFX Density Scalper V3.8.ex4
- Unlimited / NoDLL
- Free 1 Year Updates
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
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