Welcome to the Advanced AI Scalper guide. The AI Scalper doesn’t require any external set files as it’s optimized internally by machine learning. It improves entry points and eliminates bad trade pairs. To set up, simply attach the EA to the EURUSD M5 chart.
The EA will scan and trade default setting pairs. Here are five key points to consider:
- EA Links on MQL5 Market: You can find the EA on the MQL5 Market for both MT4 and MT5.
- Recommended Brokers: I recommend low spread brokers that I’ve tested before, such as Tickmill, ICMarkets, and Pepperstone. You can find more of my broker reviews online.
- Fast VPS with Low Ping: I recommend using Chocoping VPS for best results.
- Patience and Time: Unlike other risk strategies, profits won’t increase linearly when using a strategy with Take Profit/Stop Loss on each order. There will be natural ups and downs, but the profit over the mid to long term (1-2 months) will usually be positive.
- News Filter and Auto GMT Time Setup: Add the following URLs to your MT4/MT5 settings (Tools -> Options -> Expert Advisors -> Allowed URLs) for the news filter and Auto GMT to work properly:
https://nfs.faireconomy.media
https://ec.forexprostools.com
https://www.worldtimeserver.com
. - Money Management: At the start of EA machine learning, I recommend experimenting with a Demo account first to understand the details about Machine Learning. It usually takes 1-2 months depending on the stage. If you’re confident enough to use real money, start with a minimum capital of $200/0.01. In the first 2-3 days, Stop Loss can naturally occur, but it’s necessary for the EA to learn from the bad trades and choose better entry points depending on the period.
For my contact:
You should first send me a friend request on MQL5, this will make it easier for me to connect and best support you with technical issues: https://www.mql5.com/en/users/tuanthang
– Join our Telegram Channel for new updating: https://t.me/forexeatradingchannel
– Recommended ECN Broker for EA – Tickmill: https://bit.ly/AdvancedTickmill
– Recommended Cent/Micro Account Broker for EA – Roboforex: https://bit.ly/AdvancedRoboforex
– To use an EA you need a VPS. Recommended VPS for EA – Chocoping: https://bit.ly/AdvancedVPS. When you open the account type in the discount code to get 5% off: THANGEA5
– If you want to ask me any question or join our private group chat for traders. Please contact me through Telegram: https://t.me/thangforex