About the Especulador EA Scalper
The Especulador EA Scalper for Metatrader 4 is a proprietary Forex scalping robot that’s well optimized for the EUR/USD currency pair.
The expert advisor takes advantage of rapid changes identified in the shorter-term trends.
By default, the open trades are protected by a stop loss and take profit.
From our back test, the EA made $8783 in one year on the EUR/USD 15-minute chart ($500 initial deposit).
The Especulador EA can be used with any Forex broker and should perform the best when attached to the M15 chart.
Free Download
Download the “Especulador Scalper.ex4” expert advisor
Key Features
Automated Scalping Strategy
The EA uses an automated scalping strategy, performing multiple trades in a short period to capture small price fluctuations.
Optimized for EUR/USD
Designed specifically for the EUR/USD pair, one of the most liquid and widely traded currency pairs in Forex.
Customizable Settings
Adjustable parameters include lot size, risk, stop loss, take profit, and trading hours, allowing users to tailor the EA to their trading style.
Fast and Efficient Execution
With its optimized algorithm, the EA executes trades quickly and efficiently, minimizing slippage and maximizing profit opportunities.
MT4 Compatibility
Fully compatible with MetaTrader 4, making it easy to install and use for traders familiar with the platform.
Strategy Tester Report
Find below the Especulador EA Scalper track record for the EUR/USD M15 chart (click on the picture for full-size view).
Key Points
- Total profit: $8783.96
- Profit factor: +1.32
- Profit in pips: 1671
- Drawdown: 29.87%
The Especulador EA Scalper has shown consistent results in test environments.
While individual results may vary, users report steady profits when the EA is properly configured and monitored.
Trading Chart
The picture below shows the Especulador EA expert advisor attached to the EUR/USD 15-minute chart.
How the EA Works
- Analyzes the EUR/USD pair to identify scalping opportunities.
- Executes trades based on pre-defined, adjustable parameters.
- Uses stop loss and take profit levels to manage risk effectively.
- Operates during specific trading hours configurable by the user.
- Minimizes slippage through fast order execution.
Download Now
Download the “Especulador Scalper.ex4” EA
Parameters & Settings
- Magic Number: Unique identifier for each trade.
- Lot Size: Determines the size of each trade.
- Risk Percentage: Percent of account balance risked per trade.
- Stop Loss: Price level to limit losses.
- Take Profit: Price level to secure profits.
- Trading Hours: Days and times the EA is allowed to operate.
Recommended Trading Setup
- Currency Pair: EUR/USD.
- Timeframe: 15-minute chart (M15).
- Risk per Trade: 1-2% of account balance.
- Broker: Low spreads and fast execution.
- Demo Account: Test before live trading for best results.
FAQ
Can I use this EA on other currency pairs?
While optimized for EUR/USD, the EA can operate on other pairs. Testing on a demo account first is recommended.
Is technical knowledge required to install it?
No, installation is straightforward. Just follow the instructions included in the setup guide.
Can it be used on a live account?
Yes, but we recommend testing on a demo account first to understand its behavior and performance.
Summary
The Especulador EA Scalper is an automated trading tool designed for quick scalping on the EUR/USD pair.
With optimized algorithms, customizable settings, and full MT4 compatibility, it provides an efficient solution for traders seeking fast, consistent market opportunities.
Testing on a demo account before live trading is highly recommended to ensure optimal performance and understanding of the EA.
