The Luxor Forex Scalping robot for Metatrader 4 is a fully automated trading robot optimized for M5 and M15 charts that profited +359.76% in 7 month.
The expert advisor is based on a mix of technical indicators and it opens multiple buy/sell orders in the direction of the shorter-term trend.
Every trade is secured by a stop loss and take profit order and you can customize the EA to suit your preferences.
For instance, you can customize profit management, order management and advanced order management (EA inputs).
It’s recommended to deploy this scalper EA on the lower spread currency pairs for full profit potential.
As always, please test the Luxor EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Download the “Luxor Robot trading scalping.ex4” expert advisor
Find below the detailed Luxor Forex Scalping EA track record for 7 month of trading activity (click on the picture for full size view).
- Gain: +359.76%
- Daily gain: 0.83%
- Monthly gain: 28.29%
- Drawdown: 22.88%
The picture below shows the Luxor Forex Scalping expert advisor attached to EUR/USD 5- minute trading chart.
Recommendations & Specifications
- Optimized for the M5 and M15 charts
- It performs best on low spread currency pairs
- Minimum account balance: $75
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic, lots, money management, minimum lot, maximum lot, profit management, basket dollars, dollars, order management, ECN, opposite close, reverse signals, hide stop loss, hide take profit, stop loss, take profit, trailing start, trailing stop, trailing step, break-even, maximum spread, enter on open bar, advanced order management
Download This Expert Advisor
Download the “Luxor Robot trading scalping.ex4” EA
How to install and run the Luxor Scalper EA in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Luxor Robot trading scalping.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Luxor Scalper EA!