About the Han EA Rapid M1 Scalper Expert Advisor
The Han EA Rapid M1 expert advisor for Metatrader 4 is a winning scalping Forex robot designed for the M1 and M5 charts.
The Han EA takes advantage of short-term trend changes in both trending and ranging market environments.
The trading hours can be adjusted in the EA’s input settings (works best during the London and American trading hours).
The Han Fast EA gained $131.39 profit from an initial $200 deposit during the test phase.
This fully automated trading robot should work with any Forex broker of your preference.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Han EA 1.0.ex4” expert advisor
Key Features
High-Frequency Scalping
Optimized for rapid trades on the M1 and M5 timeframes, the Han EA executes multiple trades per day, aiming to capture small price movements efficiently.
Adaptive Trading Hours
The EA allows customization of trading hours, with optimal performance observed during the London and American trading sessions, ensuring trades are executed during periods of high market liquidity.
Comprehensive Risk Management
Equipped with features like adjustable stop loss, take profit, and trailing stop, the Han EA ensures that each trade is managed effectively to minimize potential losses and lock in profits.
Broker Compatibility
Designed to work seamlessly with any Forex broker of your preference, the Han EA is versatile and adaptable to various trading environments.
Minimal Drawdown
During its test phase, the Han EA achieved a profit factor of 2.18 with an absolute drawdown of just 0.09, demonstrating its efficiency in risk management and profitability.
Trading Results
Find below the Han EA Fast Scalper track record for the GBP/USD 1-minute chart (click on the picture for full-size view).
Key Points
- Profit factor: 2.18
- Absolute drawdown: 0.09
- Total net profit: $131.39
- Average consecutive wins: 2
In the test phase, the Han EA Rapid M1 Scalper demonstrated a total net profit of $131.39 from an initial $200 deposit.
The average consecutive wins stood at 2, showcasing the EA’s consistency and reliability in real market conditions.
Trading Chart
The picture below shows the Han EA Rapid M1 Scalper attached to the Euro / U.S. Dollar 1-minute chart.
How the EA Works
- Identifies short-term trend changes using technical indicators.
- Opens trades based on predefined entry conditions.
- Manages trades with adjustable stop loss, take profit, and trailing stop settings.
- Closes trades when exit conditions are met or when the trading session ends.
Download Now
Download the “Han EA 1.0.ex4” EA
Parameters & Settings
- Start Hour: Configurable start time for trading.
- End Hour: Configurable end time for trading.
- Lot Size: Adjustable lot size for each trade.
- Take Profit Buy/Sell: Set desired take profit levels.
- Stop Loss Buy/Sell: Set desired stop loss levels.
- Maximum Trades: Limit the number of concurrent trades.
- Slippage Buy/Sell: Define acceptable slippage levels.
- Trailing Stop: Enable or disable trailing stop functionality.
- Magic Number: Unique identifier for the EA’s trades.
Recommended Trading Setup
- Trading Instruments: GBP/USD, EUR/USD, USD/JPY, AUD/USD, NZD/USD.
- Timeframes: M1 and M5.
- Minimum Account Balance: $100.
- Demo Account: Recommended for initial testing.
- Real Account: Suitable for live trading after thorough testing.
- Trading Platform: MetaTrader 4.
FAQ
What is the recommended minimum account balance?
The recommended minimum account balance is $100 to ensure sufficient margin for trades.
Which currency pairs are best suited for this EA?
The Han EA Rapid M1 Scalper performs optimally on pairs like GBP/USD, EUR/USD, USD/JPY, AUD/USD, and NZD/USD.
Can I use this EA on a real account immediately?
It’s advisable to test the EA on a demo account first to understand its performance and settings before using it on a real account.
Is the EA compatible with all brokers?
Yes, the Han EA Rapid M1 Scalper is designed to work with any Forex broker that supports MetaTrader 4.
Summary
The Han EA Rapid M1 Scalper is a powerful tool for traders seeking to capitalize on short-term market movements.
With its high-frequency scalping capabilities, adaptive trading hours, and comprehensive risk management features, it offers a robust solution for both novice and experienced traders.
Download the EA today and take the first step towards enhancing your trading strategy with automated precision.
