The expert advisor needs a reliable power supply and an uninterrupted Internet connection. It is very difficult to provide conditions for the expert advisor at home, and it is safer to use a VPS-server.

Expert advisor Crazy Scalper

Let’s check out the next free expert advisor Crazy Scalper. It is an indicator-free expert advisor that trades simultaneously in two directions of price movement, using a scalping strategy and position locking. The expert advisor trades on EURUSD and GBPUSD currency pairs. The recommended timeframe is H1. the minimum deposit for dollar accounts is from $ 3000, and for cent accounts is from $ 300. Leverage is from 1: 500. Read this article below for a more detailed review of the free Crazy Scalper.

Important! The expert advisor needs a reliable power supply and an uninterrupted Internet connection. It is very difficult to provide conditions for the expert advisor at home, and it is safer to use a VPS-server. You can get a free VPS here.

Trading terminal
MetaTrader4
Traded pairs
EURUSD, GBPUSD
Time-frame
H1
Leverage
from 1:500
Recommended Brokers
Recommended deposit
from 300 USD (on a cent account)
Recommended VPS

Trading strategy:
After installing the expert advisor on the chart of a currency pair, two positions (multidirectional) are opened simultaneously: Sell and Buy with a short TakeProfit. The expert advisor takes a losing forex position in the lock, if the locking did not bring the desired result, and the price turned around, then the averaging mechanism is activated (using pending orders) to output to breakeven.

When using the Crazy Scalper, it is important to observe Money Management, the minimum deposit for a cent account must be at least $300, the starting lot is 0.1, for a dollar account the minimum deposit is $3000, the starting lot is 0.01.

The developer of this expert advisor is unknown. If you are the author of this expert advisor, write to the mail experts@govpsfx.com

Main parameters:

  • TakeProfit – it is the TP level in points;
  • Lock_Level — it is the distance in points from a losing position for setting locks;
  • koef_l – it is the multiplication coefficient of the lot that locates the order to the order in the market that went to minus;
  • TakeProfit_Av — it is the total profit level of all positions in the market;
  • AV_Level — it is the distance in points to the opening of the averaging order;
  • OR_Level — it is the distance from the current price to the level of placing a pending averaging order;
  • koef_av – it is the coefficient for multiplying the volume of pending averaging orders;
  • Lot – it is the starting lot, at = 0.27 MM;
  • Risk – it is the percentage level for MM operation;
  • Choice_method — it is the method of working MM, from free funds or from the balance;
  • NuberOfTry — it is the number of trading attempts for requotes;
  • Slippage – it is the level of slippage;
  • MagicNumber — it is the magic number of the trading expert;
  • MarketWatch – it is the tracking orders in the market, if TRUE, the expert advisor first opens an order without TakeProfit, and then modifies it with TakeProfit, if FALSE, the order is opened simultaneously with TakeProfit.

What’s next

#1

Choose any broker from our list and open a trading account. We recommend InstaForex, Weltrade, RoboForex;

#2

Register on the site, apply for a free VPS in your personal account;

#3

Download the expert advisor and install it on your trading account, the installation instructions are attached.

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