Tick Scalper Tick Bot is described as a fast tick scalper EA that uses tick averages to trade against trends. Multiple trades can be opened simultaneously with this EA. Each has its own SL to find the break-even point that allows you to take profits or limit losses.
The EA has three risk levels so that it can be used with different currencies. According to the author, the EA does not work properly after testing, so it is necessary to test it with an account that is a first issue. The EA can be used in any market situation and in conjunction with all currencies.
Recommendation
- A deposit recommendation for using this Forex Bot
- High Risk of $1,000 and a minimum risk of 0.01 Three currency pairs (e.g., EURUSD USDCHF USDJPY);
- A MEDIUM-RISKÂ of $300 , with a minimum value of 0.01 per exchange (e.g. EURUSD);
- High Risk of $100 , with a minimum of 0.01 for one exchange rate (e.g. EURUSD);
- works best on EURUSD USDCHF, USDJPY. (works on any pair of currencies)
- Time Frame doesn’t matter.
- A floating spread is recommended. Doesn’t work correctly zero spread accounts.
Tick Scalper Scalper Forex Bot determines spread using the average of the previous ticks. Therefore, this EA method is determined by the rate of spread increase or decreases, as well as an estimate of the rate quoted. Thus, it may result in different outcomes for different brokers.