What is GerFX Density Scalper EA?
Vendor website: https://www.mql5.com/en/market/product/51338
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.
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.
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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)