Apex Scalper Expert Advisor
Apex Scalper works with a unique algorithm that detects supply and demand areas as they evolve and then enters positions into the forex market at these levels.
Trades are based on price action around supply and demand areas.
Does NOT trade depending on High Impact News (When many brokers increase spreads and use broker plugin tools against traders).
Does NOT use any martingale, grid, arbitrage, or hedging components.
Trades are always protected by a preventive Stop Loss
Intelligent exits include:
- Break Even loss prevention.
- Smart Trailing Stop.
- Multiple Target Profit Exit. Target Profits are spaced out every x pips.
Safety features include:
- Volatility Protection – Orders are withdrawn from the market if Max Volatility is exceeded on the 1 minute time frame. This is to prevent toxic high spread/slippage environments.
- Toxic Spread Protection – If the live spread exceeds Max Spread setting, Orders are withdrawn from the market. This is to prevent toxic high spread/slippage environments. Trades are not placed again until the average spread drops to an acceptable level.
- Orders are only returned to the market during low spread/low volatility environments, measured by an average spread of the last 20 ticks. This is KEY to any scalping algorithm.
- Controlled amount of attempts per day.
- Broken Trade Check – to ensure Apex Scalper never leaves a trade unprotected.
Apex Scalper operates on the 1 Hour time-frame on currency pairs with a low spread.Default settings optimized for GBPUSD.
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