What is the Bitcoin-Scalper Expert Advisor, and how does it work?
Bitcoin-Scalper is an automated trading algorithm for MetaTrader 4 and 5, designed to scalp small price movements in Bitcoin, Forex, and indices markets. It uses a four-timeframe setup to identify high-probability trade setups, particularly during low-liquidity periods, and executes trades with precision.
Is Bitcoin-Scalper suitable for beginners?
Yes, it’s designed for both novice and experienced traders. The platform offers an installation guide, risk management training, and personal set files to simplify setup and trading, making it accessible for beginners while customizable for seasoned traders.
What markets can I trade with Bitcoin-Scalper?
Bitcoin-Scalper supports trading in cryptocurrencies (e.g., Bitcoin, Ethereum, Ripple, Litecoin), Forex pairs (e.g., EUR/USD, GBP/JPY), and indices like the US30 (Dow Jones Industrial Average).
Does Bitcoin-Scalper work with proprietary trading firms?
Yes, it includes prop firm set files and risk management settings (e.g., 5% max daily loss, 10% profit target) tailored for firms like FTMO, FundedNext, and FXIFY, helping traders pass challenges and manage funded accounts.
What are the subscription plans and their costs?
Bitcoin-Scalper offers three plans: Basic ($249/month), Standard ($999/6 months), and Extended ($1899.99/year). Each includes a license, installation guide, risk management training, expert advisor optimization, and set files. A 14-day free trial is also available. For detailed pricing, visit https://bitcoin-scalper.com.
How does Bitcoin-Scalper ensure risk management?
It includes settings like closing all trades at a 5% max daily loss or 10% profit target and a custom comment feature to avoid third-party EA detection, ensuring compliance with prop firm rules and minimizing risk.
What brokers are compatible with Bitcoin-Scalper?
It works with any broker offering 1:100 leverage. The website recommends specific crypto brokers optimized for the strategy, though exact names aren’t listed in the provided content.
Is the performance of Bitcoin-Scalper verified?
Yes, results are verified by Myfxbook, a trusted platform for tracking trading performance, ensuring transparency and reliability of the algorithm’s outcomes.
What technical indicators does Bitcoin-Scalper use?
While specific indicators aren’t detailed, the algorithm likely uses technical analysis tools common in scalping, such as Moving Averages, RSI, or Bollinger Bands, given its focus on short-term price movements and multi-timeframe analysis.
How does the 14-day free trial work?
The trial provides full access to the Bitcoin-Scalper system, including the license and support resources, allowing users to test it risk-free before committing to a paid plan.
Can Bitcoin-Scalper be used for automated trading?
Yes, it’s a fully automated Expert Advisor (EA) that executes trades based on pre-set algorithms, reducing the need for manual intervention while allowing customization for risk tolerance.
What kind of support is provided?
Bitcoin-Scalper offers lifetime support, including setup guidance, optimization tips, and tailored strategies via a dedicated team, reachable at info@bitcoin-scalper.com. Users praise the responsive support on Trustpilot.
What timeframes does Bitcoin-Scalper use for trading?
It employs a four-timeframe setup, likely including short intervals like 1-minute, 5-minute, or 15-minute charts, optimized for low-liquidity periods such as weekends or specific market hours.