【#52】You'll feel better from the morning! Introducing the Morning Scalping EA!
Hello. I'm Muroi from GogoJungle.
There are many EAs listed on GogoJungle, but...
- Which one should I choose after all?
- There are too many...
- Which EAs do you recommend for beginners?
- Which averaging-down-type EAs do you recommend?
- I want to run EAs with confidence...
There are countless worries and concerns, right?
So, in this series
From the EAs that have been submitted
the people at GogoJungle
will pick out carefully curated products.
Note
These are EAs judged based on one individual's experience and knowledge.
Please be sure to read the GogoJungle site's terms before considering a purchase.
This time is Episode 52!
Morning scalping-typeEAWe will introduce them (^_^♪)
【What is morning scalping...】
It refers to scalping performed during the early morning hours in Japan time.
It is said to be a time with fewer overseas traders participating,
and features relatively low liquidity and more gradual price movements.
Morning scalping EAs that were developed by leveraging the characteristics of Japan time
Please give them a try!
Feeling energized from the morning! Introduction to Morning Scalping EAs!
The three EAs to be introduced this time are:
- ChallengeScalMorning V EURCAD
- MarySue_Scalping_CHFJPY
- Black Diamond
Let’s go through them in order!
ChallengeScalMorning V EURCAD
Easy for beginners with few parameter settings!
Drawdown after big profits tends to happen, so stopping might be an option?
Details for ChallengeScalMorning V EURCAD here
MarySue_Scalping_CHFJPY
Backtests were performed at 2.8 pips, and it withstands high spreads!
It holds only one position, so you can monitor it with peace of mind!
Details for MarySue_Scalping_CHFJPY here
Black Diamond
An early-morning scalping EA for minor currency pairs, tuned for MT4 0:00 time.
There are drawdowns as well, but it steadily builds profits!
Details for Black Diamond here
We plan to introduce more recommended morning scalping EAs next time.
Stay tuned!