Description
What is the EA Ice Cube Scalper?
The EA Ice Cube Scalper is a versatile trading tool for the MetaTrader 4 (MT4) platform, designed to boost trading performance by using the Relative Strength Index (RSI) to identify market trends. It employs a sophisticated averaging strategy with dynamic lot sizing to ensure consistent profits, making it suitable for traders of all experience levels.
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Key Features of the EA Ice Cube Scalper
Main Features:
- Daily Scalping: Executes numerous trades throughout the day, focusing on capturing small, steady profits.
- Trend-Based Strategy: Utilizes the RSI indicator to trade in sync with the market trend.
- Smart Averaging with Lot Factor: Uses an advanced averaging method with a dynamic lot multiplier for optimal trade management.
Additional Features:
- Risk Management: Controls to limit the maximum number of averaging orders and manage capital risk effectively.
- Trading Time Control: Allows setting specific trading hours, including stopping trades on Fridays to reduce risk.
- Pause Trading: Easily pause trading at any time by setting “Trade_Now” to True.
- Profit Withdrawal: Periodic profit withdrawals help recover the initial investment more quickly.
Why Choose EA Ice Cube Scalper?
- Proven Performance: Demonstrates strong results in both backtesting and live trading.
- User-Friendly: Easy to set up and navigate, even for beginners.
- Advanced Risk Management: Provides customizable settings to manage risks effectively.
- Highly Adaptable: Offers a range of adjustable settings to fit various trading strategies and styles.
What Do Users Say?
The EA Ice Cube Scalper is highly praised by traders for its consistent and transparent performance in real trading environments. It has garnered positive feedback on platforms like MQL5, reflecting its effectiveness in generating reliable results.
Real Trading Performance
Over 88 weeks of real trading, the EA Ice Cube Scalper achieved an impressive profit of 442%, starting with a capital of $2,500 and maintaining a maximum drawdown of 33.8%. This showcases its ability to balance risk and reward effectively.
Key Performance Metrics:
- Profit: 442%
- Duration: 88 weeks
- Initial Capital: $2,500
- Max Drawdown: 33.8%
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Backtesting Results
The EA Ice Cube Scalper’s backtest results from 2018 to 2022 highlight its significant profit potential. With an initial capital of $10,000, it achieved profits of $36,426 on GBPUSD and $24,033 on EURUSD, proving its effectiveness in diverse market conditions.
Performance Metrics:
- Testing Period: 2018-2022
- Initial Capital: $10,000
- Profit (GBPUSD): $36,426
- Profit (EURUSD): $24,033
Professional Trader Feedback
Professional traders commend the EA Ice Cube Scalper for its stable and consistent performance over long-term trades. Its customizable features and reliable metrics make it a trusted choice, even for trading with PropFirm companies like FTMO.
Recommended Settings
- Platform: MetaTrader 4 (MT4)
- Currency Pairs: Any
- Account Type: Any
- Timeframe: H1
- Leverage: 1:500
- Minimum Deposit: $1,000
- Setup Files: Available
- Product Type: NoDLL / Fix
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Reviews
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