FTMO Lutos Scalper EA v1.00 MT4 for MetaTrader 4 (MT4) is likely an Expert Advisor (EA) designed specifically for scalping strategies, particularly for FTMO challenges or funded accounts. The EA appears to be optimized for short-term trading strategies, typically aiming to capture small price movements in the market. FTMO is a popular proprietary trading firm that offers funding to traders who pass their evaluation process. Many traders use EAs (Expert Advisors) to help automate their trading during the FTMO challenge, and Lutos Scalper EA v1.00 could be one of those solutions.General Features of a Scalping EA Like FTMO Lutos Scalper EA v1.00 Scalping EAs generally focus on executing numerous small trades to take advantage of minor price changes. Here’s what the FTMO Lutos Scalper EA v1.00 might offer based on its name and general features typical of scalping EAs:1. Scalping Strategy High-Frequency Trading: The EA is likely designed to make numerous small trades within a short period, aiming for quick profits from tiny price movements. Short Holding Period: Trades may be opened and closed within minutes or seconds, making this EA suitable for fast-paced environments. Small Profit Targets: Each trade likely aims to capture a small price movement, typically with tight take-profit and stop-loss levels. 2. FTMO Optimization Risk Management: FTMO challenges have strict risk management rules, including daily drawdown limits and overall account drawdown limits. The Lutos Scalper EA is likely designed to operate within these parameters, ensuring that it does not violate FTMO’s trading rules. Low Drawdown: Since FTMO focuses on passing a challenge with minimal drawdown, the EA may include built-in risk management features to maintain low drawdown and stay within FTMO's required parameters. Account Scaling: The EA may be able to scale its lot size in a way that is consistent with FTMO’s rules, ensuring that trade sizes do not exceed maximum risk limits. 3. Key Features Multiple Currency Pairs: The EA may be optimized for trading several major or minor currency pairs, though scalping EAs are often focused on more liquid pairs like EUR/USD, GBP/USD, or USD/JPY. Fast Trade Execution: Scalping requires quick execution of trades to ensure the small profits are captured. The Lutos Scalper EA is likely optimized for fast execution speeds. Low Spread Sensitivity: Since scalping relies on small price movements, the EA may perform best with low spreads and minimal slippage, which is essential for its effectiveness. 4. Indicators and Algorithms Technical Indicators: Like most scalping EAs, the FTMO Lutos Scalper EA could use a variety of technical indicators such as Moving Averages (MA), Relative Strength Index (RSI), or Bollinger Bands to identify the best entry and exit points. Price Action: The EA might incorporate price action analysis to enter trades based on specific chart patterns or candlestick formations, which are useful for scalping in fast markets. 5. Risk Management Features Stop Loss / Take Profit: It will likely use tight stop loss and take profit levels to manage risk and secure profits from small price movements. Dynamic Lot Sizing: The EA might use dynamic lot sizing based on your account balance and the amount of risk you wish to take on each trade. Trailing Stop: Some scalping EAs use a trailing stop to lock in profits as the price moves in your favor, reducing the risk of losing a profitable trade. Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.What’s in the package?Experts:FTMO Lutos Scalper EA v1.00 MT4.ex4=========================================================== MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION Telegram Channel : https://t.me/TheTradeLovers Telegram Contact : https://t.me/TheTradeLover Email : TheTradeLovers@gmail.com Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13 Instant Download Your files will be available to download once payment is confirmed. Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order. Our Payment Options:👇 1) Bitcoin Wallet: 19osRLGdcrdKGq8HseVimFv4sPtWiVXht 2) USDT(Tether) Wallet: (ERC20) 0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0 3). 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