Welcome to my Scalp Trader Pro Forex Robot review. This is a fully automated forex trading system that runs in the popular MetaTrader 4 (MT4) platform which is free to download. It can place and manage trades on behalf of the user. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
Scalp Trader Pro Trading Strategy
A combination of forex trading indicators are used which help to determine the entry, exit and management of trade positions. Scalp Trader Pro implements a trailing stop function (locks in your position) and can adjust to different market conditions.
Furthermore, Scalp Trader Pro will only trade in the certain market conditions dependent on the market volatility, range and trend. It also pays attention to price action which is combined with the technical indicators used and strategic money management.
Scalp Trader Pro Back Testing
Scalp Trader Pro has 10 years of back tests with 99% modelling quality using real tick data. It is not clear if they used real variable spreads, swaps, slippage and commissions in testing. These factors can have a major impact on results.
Scalp Trader Pro Live Results
Scalp Trader Pro Summary
Scalp Trader Pro is a fully automated trading system that comes with detailed instructions so you can set it up on the free MetaTrader 4 trading platform in minutes. Full support and life time updates are also included. Visit the Scalp Trader Pro website for more information on this forex robot.