When it comes to Forex investing there are really two kinds of traders. There are those who employ long term strategies and ride trades up and down looking for the home run. Then there are scalpers, who take lots of trades looking to get a few pips here and there. If you are a short term trader, then it makes sense to find an excellent scalper ea.
For folks who aren’t aware, an EA is short for Expert Advisor. An Expert Advisor is software that employs automated trading techniques usually in the MT4 platform. There are literally thousands of EA’s out there with some focusing simply on scalping techniques.
Before selecting a scalper ea it is important to find the right broker. A lot of brokers do not like scalping and have higher spreads for these kinds of trades. A higher spread of just a couple pips can be the de