PARAMOUR VERTIGO EA is an automated trading tool designed to identify and execute short-term trades on the M1 timeframe. The algorithm is structured to find high-probability entry and exit points, executing trades quickly in an attempt to maximize trading opportunities.
The robot follows a scalping strategy, meaning it opens and closes trades frequently, targeting small profits from each movement. It operates from Monday to Friday, entering trades based on the signals generated by its algorithm. Each trade is set with predefined Take Profit and Stop Loss levels to manage risk. Additionally, there is an extra security feature (max drawdown percentage) to help control potential losses.
The robot setup is straightforward. By GOLDEN PRESETS, all parameters are set and ready to use. users only need to adjust the lot size according to their risk preferences. Additionally, the accompanying panel shows helpful information such as the forex calendar, daily pips gained, daily profit figures, and the current market session status.
Features of MetaTrader 4 Expert Advisor
- PARAMOUR VERTIGO EA has been built specifically around the scalping strategy, with a targeted focus on the Major Pairs and XAUUSD (Gold) pair within the M1 timeframe. Known for its rapid entry and exit requirements, VERTIGO demands not just speed but precision, and this EA aims to address that need through a blend of technical filtering and systematic execution.
- PARAMOUR VERTIGO EA is a Professional Scalping Expert Advisor designed to execute scalping strategies on several financial instruments, including Gold, EURUSD, and GBPUSD. This EA operates within the MT4 trading environment and is aimed at traders interested in either trend following or counter trend strategies.
- At its core, the PARAMOUR VERTIGO EA is built around a proprietary Support and Resistance indicator. This indicator plays a significant role in the trade execution process, helping the EA identify potential entry and exit points. However, details about the specific methodology behind the indicator are limited, which may encourage some users to approach with cautious testing.
- The PARAMOUR VERTIGO EA initiates positions using market orders aligned with trend-following logic by default. However, it offers flexibility for users to switch to a counter-trend strategy if preferred. This dual approach opens the door for various trading methodologies, depending largely on the trader’s goals and risk appetite.
- In addition to these strategy settings, PARAMOUR VERTIGO EA also incorporates a grid trading method. Grid trading involves opening multiple positions at set intervals above and below a set price, which can potentially increase exposure during volatile market conditions. While this method can be appealing to some traders for its ability to capture profit in ranging markets, it carries higher risk, particularly in trending or unpredictable markets. Importantly, the EA allows users to disable the grid trading feature entirely, offering more control over trade management and risk exposure.
- One notable aspect of Gold Scalping EA is the level of customization it offers. Every setting is externally accessible, giving users a substantial degree of freedom to adjust the behavior of the EA. From trade frequency to stop-loss levels, many parameters can be tailored to suit different market conditions or personal preferences.
- However, this customization comes with a learning curve. The developer recommends users familiarize themselves with the EA before deploying it in a live environment. This suggests that while the tool may offer significant potential, achieving optimal performance likely depends on how well a trader can understand and configure its various settings.
- Unlike standard bots that often base decisions on a single indicator or signal, this PARAMOUR VERTIGO EA uses a bundled approach. It incorporates a full stack of synchronized confirmation filters that work together to validate trade entries. Interestingly, these filters are active in the back end whether toggled on or off in the user interface, suggesting an always-on internal processing design.
- Where many expert advisors use dynamic lot sizing based on equity or balance, this PARAMOUR VERTIGO EA applies fixed lot sizing calibrated through historical performance. It does not incorporate any drawdown-based scaling or profit-driven compounding. This setup may benefit traders who prefer more predictable exposure and reduced risk of capital erosion during periods of volatility.
- The absence of multiplier logic also means that equity swings from trade to trade are likely to remain consistent, which can be a desirable trait in a portfolio meant for long-term deployment.
Recommendations for VERTIGO Robot
- Minimum account balance of 1000$.
- Works best on EURUSD, GBPUSD, USDJPY, EURJPY and XAUUSD. (Work on any Pair)
- It works best on M1. (Work on any TimeFrame)
- Scalping Robot should work on VPS continuously to reach stable results. So we recommend running this Scalping Forex Robot on a reliable VPS
- Low Spread, Slippage, and quick execution account is Recommended, especially during rollover time
- Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Scalping EA works, then only use it in a real account.
