In this post I will review the Titan Scalper EA for the MetaTrader 4 trading platform (MT4). The Titan Scalper EA is an expert advisor (EA) also known as a forex robot that runs on the MT4 platform and can place and manage trades on your behalf. You simply setup the Titan Scalper EA using the provided instruction guide and it can handle all of the trading for you thus making it a forex trading solution suitable for beginner and advanced traders.
Titan Scalper EA Trading Strategy
The Titan Scalper EA uses a unique algorithm for picking times to enter and exit trades with a built in money management system. You can set a lot size within the Titan Scalper EA settings that you are happy with and I would not over leverage my account or use unnecessarily high risk.
Titan Scalper EA trades on the EURUSD, GBPUSD, EURCHF and USDCHF pairs. The majority of these currency pair are considered majors, thus they should have reasonable spreads. You don’t need to trade all pairs if you do not wish, I find that EURCHF tends to have higher spreads than the others due to their being less liquidity – basically a smaller volume of traders actively trading this pair.
Titan Scalper EA Back Testing
There are no back tests on the Titan Scalper EA website. Ideally I would have liked to have had 10+ years of accurate backtesting with Birts Tick Data Suite to get a rough idea of what to expect from the Titan Scalper EA.
Titan Scalper EA Live Results
Titan Scalper EA Summary
Titan Scalper is nothing that I have not seen before. Many have tried and failed with scalping robots. Most are usually way too broker sensitive in my humble opinion. There are some that have filters built in to combat this, please see my forex robot reviews for alternative options.
If you wanted to test Titan Scalper EA on a demo account first, don’t forget to keep in mind that demo price feeds and conditions can differ greatly from real accounts which is especially important when using a forex scalping system such as this. Titan Scalper EA comes with full support, updates, instructions and a money back guarantee.