AlgoScalpPro – Scalping Recovery EA

AlgoScalpPro – Scalping Recovery EA

Key Features of Scalping Recovery EA
Selective Trading: It opens only one trade at a time, emphasizing careful selection and timing to maximize effectiveness.
Loss Recovery System: One of the standout features is its loss recovery mechanism. If a trade incurs a loss, Scalping Recovery EA activates its recovery function. This involves opening the next trade with double the lot amount (adjustable) in an attempt to recover the lost funds. It’s important to note that this process is a one-time adjustment per loss cycle to manage risk efficiently.
Risk Management: The EA always employs a stop loss to safeguard investments, ensuring traders do not expose themselves to unrecoverable losses.
Compliance with Trading Regulations: It is designed to comply with FIFO (First In, First Out) rules, making it suitable for traders in jurisdictions with such regulations.
No Risky Strategies: The Scalping Recovery EA does not use Martingale, grid, or hedging strategies. Its approach is straightforward and avoids complicated mechanisms that can increase risk.
News Filter: With this new update, EA also gets an advanced news filter, which automatically monitors and avoids trading during high-impact news events. This ensures the EA operates in a stable environment and minimizes the risk of sudden market swings affecting your trades.

Recommendations for AlgoScalpPro
Minimum account balance of 100$.
It works best on EURUSD. (Work on any currency pair)
It works on H1. (Work on any TimeFrame)
This AlgoScalpPro should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
Low Spread, Slippage, and quick execution accounts are also recommended (Find the Perfect Broker For You Here)

Conclusion of Algo Scalp Pro
The Algo Scalp Pro represents a significant advancement in Forex trading technology. Its focus on loss recovery, combined with strict adherence to risk management, advanced news filter, and regulatory compliance, offers traders a sophisticated yet user-friendly tool. While no trading strategy is without risk, the Scalping Recovery EA provides a methodical approach to trading that can help traders confidently navigate the Forex market.